Instacart is offering its Instacart+ members access to Peacock, a move that comes as subscription services increasingly tap partnerships across industries to expand their audiences. The grocery aggregator announced Wednesday (Nov. 29) a move to provide its paid members with access to Peacock Premium at no additional...
As the holiday season approaches, subscription box companies are going after consumers’ gifting spending. This time of year presents a valuable opportunity for these companies, many of which offer nice-to-haves rather than necessities — the kind of purchase a consumer may be happy to make...
As more creator-focused platforms launch tools for makers to monetize their followings with subscriptions, Tumblr is ending its Post+ program, suggesting that perhaps the landscape is becoming too crowded. The program, which enabled users on the site to offer exclusive content via paid subscriptions, is...
As social media companies push for new ways to monetize their user bases, Snapchat is becoming the latest to test ad-free subscriptions to drive recurring revenue. As pointed out on Meta’s Threads app by one Australian Snapchat user, Jonah Manzano, and shared by several media...
As meal kit providers look for ways to keep their customers coming back, medically focused subscription service ModifyHealth has found that supporting its food offerings with coaching and monitoring contributes to higher lifetime value. In an interview with PYMNTS, G.B. Pratt, founder and CEO at...
Increasingly, restaurants are finding ways to create recurring payment models to drive customer loyalty outside the typical points-per-dollar rewards program model. According to financial services platform Square’s recently released data from the hundreds of thousands of food and beverage sellers it works with, merchants offering...
As restaurants tinker with ways that they can use subscriptions to boost customer loyalty, Taco Bell is finding that offering short-term menu item “passes” can speed up the process of building loyalty with a given customer, as Chief Digital Officer Dane Mathews told PYMNTS. In...
As consumers rely on subscriptions in more and more parts of their day-to-day lives, Getty Images is the latest to see memberships surge, but this increase is contributing to a decline in one-off purchases. The content creator and marketplace shared in its recent third-quarter financial report...
Failed payments have an impact on customer churn in the subscription business industry. Among all possible causes, declined card payments account for 50% of all customer churn, per market research, suggesting these customers would have remained subscribed if their payments had not been declined. The...
