TikTok is reportedly making a play for consumers’ music streaming spending with a new subscription platform. The video platform has launched a “TikTok Music” streaming service in Brazil and Indonesia, which enables users to play, download and share tracks, syncing accounts with their existing TikTok profiles,...
“How’m I doing?” The old New York City Mayor Ed Koch line brings to mind subscription companies — perhaps an odd parallel to draw. But hear us out. Knowing how you’re perceived can be the first step to improving things. But it turns out that...
The year is half over. Looking out at the balance of 2023, Brian Bogosian, CEO of sticky.io, said subscription models face a test as consumers re-examine their budgets, and, as ever, churn is a significant challenge. Joint research between sticky.io and PYMNTS found that 48% of subscription...
British businesses are protesting new regulations to make it easier for customers to cancel subscriptions. As the Financial Times (FT) reported Friday (July 7), the broadcaster Sky and groups representing newspapers and small businesses say the government’s proposal to help consumers avoid unwanted bills for their...
Spotify says it will stop letting premium subscribers pay via Apple’s App Store. As a report by Variety noted in a report Wednesday (July 5), the streaming audio platform hadn’t allowed new subscribers to pay through the app store in seven years. And there was just a two-year window...
For consumers with retail product subscriptions, free shipping is essential to maintaining their loyalty. For PYMNTS’ study “Subscription Commerce Readiness Report: The Loyalty Factor,” created in collaboration with sticky.io, we surveyed more than 2,000 U.S. consumers with retail product subscriptions in April about the factors that...
Inflation-concerned consumers may be looking to cut back on unnecessary subscriptions, but as Snapchat’s rapid subscriber growth suggests, many remain willing to pay a premium for that VIP feeling — especially younger generations. Snapchat announced that now, one year out from the launch of its Snapchat+ subscription,...
Mastercard says it wants to help consumers get a better handle on their subscriptions. To that end, the company announced Thursday (June 29) it had joined forces with subscription management service Subaio to help people unsubscribe from unwanted services at a time when consumers are...
Costco is taking a page from Netflix’s book, cracking down on membership sharing, but the wholesaler may be overlooking a key difference between its membership and the streaming service’s. In an emailed statement to PYMNTS, a Costco spokesperson confirmed that the company would check members’...
