As restaurants seek creative ways to drive loyalty, a handful have been exploring the potential of subscription commerce. Chinese-inspired casual dining chain P.F. Chang’s, for one, which has more than 300 restaurants across 22 countries, announced Wednesday (Sept. 28) the launch of an in-rewards-program subscription...
Subscription management and billing platform Recurly has agreed to buy revenue recognition and forecasting solution LeapRev, which will make a single source for customers in need of subscription management, recurring billing and revenue management, a press release said Tuesday (Sept. 27). Revenue recognition reporting requirements...
Sephora has rolled out a subscription-based membership called Sephora Same-Day Unlimited, the beauty retailer announced Tuesday (Sept. 27). The program lets customers have products delivered to their homes in as little as two hours, according to an announcement. “A recent survey found that the No....
Subscription brands may be headed for a lesson in the meaning of “essential” as inflation-squeezed consumers are forced to decide between needs and wants and the holidays loom. According to the September edition of the Subscription Commerce Tracker®, a PYMNTS and Vindicia collaboration, because so...
The devil, they say, is in the details. And the details, as outlined in the latest Subscription Commerce Conversion report, offer up data that may bedevil Apple’s efforts to cement subscriptions fully in the connected ecosystem it seeks to build. We noted earlier this month,...
Thursday Night Football (TNF) was a good get for Amazon Prime, explaining the astronomical price tag on rights, but it was a kind of “flea flicker” in NFL parlance, moving the real action — attracting more Prime subscribers — downfield at a time of cutbacks and trade...
Scaling a subscription business is often a matter of growth through other means — and what first attracts consumers to a service may not be what keeps them engaged over time. In addition to the products and services that first draw subscribers to a brand,...
Netflix’s new ad-supported streaming service could reach around 40 million viewers globally by the third quarter of next year, the Wall Street Journal reported, citing a document Netflix shared with ad buyers. Executives from both Netflix and Microsoft, which it’s working with on the new...
It may still be uncommon for consumers to receive their alcoholic beverages via subscription service, but as the options out there become increasingly convenient and subscriber-friendly, the space may grow increasingly popular. By the Numbers Research from the September edition of PYMNTS’ Subscription Commerce Conversion...
