As grocers seek to build ongoing relationships with their customers, driving loyalty in the face of stiff competition, many are turning to subscription models to keep shoppers coming back. Ahold Delhaize subsidiary Giant Food, for one, which operates 164 supermarkets in the DMV area, announced...
As traditional funding methods see headwinds during global macroeconomic challenges, revenue-based financing (RBF) is emerging as a convenient, viable option to bridge working capital gaps and boost business growth. This is primarily because venture capitalists (VCs) are taking an increasingly cautious approach to investing due...
Snap Inc., operator of the Snapchat picture-based texting app, announced Wednesday (June 29) it is launching a subscription service that will essentially be an enhanced version of its traditional advertising-funded platform. Called Snapchat+, the new service will make “a collection of exclusive, experimental, and pre-release...
Netflix says it is working to localize payment methods in the Asia Pacific region to make subscriptions easier for people who want to pay using Unified Payments Interface (UPI), digital wallet and direct carrier billing. “We accelerated this journey of diversifying payment methods nine months...
The top contenders to work with Netflix on creating an ad-supported tier for the streaming service are now NBCUniversal and Google, The Wall Street Journal reported Wednesday (June 22), citing unnamed sources. Netflix wants to add the new tier to add more revenue through selling...
Snapchat is piloting a new paid subscription tier for “Snapchatters” that would offer exclusive, experimental, and pre-release features, the ability to pin conversations, special badges and other perks. “We’re doing early internal testing of Snapchat Plus, a new subscription service for Snapchatters. We’re excited about the...
With PYMNTS research finding that estimated total monthly expenditure on subscriptions fell by 46% in March versus six months prior, we can now invoke “the great unsubscribe.” It’s certainty trending, as we see in that figure from the latest edition of “The Subscription Commerce Conversion...
As aggregators contend with their customers’ multi-brand loyalty, leading players are leveraging their subscription programs in an effort to become members’ sole choice for restaurant delivery ordering. However, with the monthly cost of these offerings, it can be difficult for providers to drive adoption and...
Among the shopping features consumers want their retail subscription providers to support, free shipping is ranked No. 1. While this is a basic feature that consistently ranks at the top of subscribers’ must-have lists, it has grown in importance over the last few months, according...
