subscriptions

The subscription business model is a business model in which a customer must pay a recurring price at regular intervals for access to a product. The model was pioneered by publishers of books and periodicals in the 17th century, and is now used by many businesses and websites.

Source: en.wikipedia.org

1 in 7 Food Subscribers May Cancel by Next Payment
1 in 7 Food Subscribers May Cancel by Next Payment
April 18, 2023  |  Subscriptions

Consumers are cutting back on their product subscriptions, with many rethinking their food purchasing. By the Numbers Research from PYMNTS’ new study, “Subscription Commerce Readiness...

READ MORE >
Lululemon Reportedly Seeks to Sell Mirror Hardware Division
Lululemon Reportedly Seeks to Sell Mirror Hardware Division
April 17, 2023  |  Fitness

More fitness content providers are ditching pricey, specialized hardware for app-based experiences people can use on any device, with Lululemon’s Mirror the latest piece of...

READ MORE >
SoundHound Lands $100 Million in Financing as AI Takes Off
SoundHound Lands $100 Million in Financing as AI Takes Off
April 17, 2023  |  artificial intelligence

SoundHound AI is hoping new financing will help it capitalize on the artificial intelligence boom. The voice artificial intelligence (AI) company announced Monday (April 17)...

READ MORE >
43% of Consumers Who Had Issues With Stored Credentials Are Highly Interested In Vaults
43% of Consumers Who Had Issues With Stored Credentials Are Highly Interested In Vaults
April 17, 2023  |  Payment Methods

The subscription economy is a major driver in the rise of payment credentials vaults, as are recurring payments writ large, and more consumers are interested...

READ MORE >
Amazon Touts Center-Aisle Grocery Selection 99X Larger Than Average Supermarket
Amazon Touts Center-Aisle Grocery Selection 99X Larger Than Average Supermarket
April 14, 2023  |  Amazon

Amazon is leveraging its extensive eCommerce marketplace to eat away at grocers’ center-aisle sales. The eCommerce giant’s annual report highlights the opportunity that the $800...

READ MORE >
Luxury Hotels Embrace Embedded Beauty
Luxury Hotels Embrace Embedded Beauty
April 14, 2023  |  Retail

When guests check in to a luxury hotel, they expect to enjoy ultimate comfort, exceptional customer service, access to high-end amenities and facilities, and the...

READ MORE >
Amazon’s Annual Report: Third-Party Sellers, Healthcare, AI Help Forge Digital Economy
Amazon’s Annual Report: Third-Party Sellers, Healthcare, AI Help Forge Digital Economy
April 13, 2023  |  Amazon

Earnings season begins anew. Along with the deluge of reports, conference calls and Securities and Exchange Commission filings, there’s the opportunity to glean insight into...

READ MORE >
Madison Reed Expands ‘Uniquely Curated’ Membership and Rewards Programs
Madison Reed Expands ‘Uniquely Curated’ Membership and Rewards Programs
April 13, 2023  |  Retail

Hair color brand Madison Reed has expanded its membership and rewards programs. The firm now offers one free and one paid program for those who...

READ MORE >
Rent the Runway Sees Renewed Traction as Rentals Have a Moment
Rent the Runway Sees Renewed Traction as Rentals Have a Moment
April 13, 2023  |  Retail

Earlier this month, PYMNTS discussed the momentum behind resale as sustainability has come to the forefront for consumers. Now the rental market, while not a...

READ MORE >