The conventional wisdom that every business needs a good “moat,” or a competitive barrier that sets them apart from the pack and keeps predators at bay, is fine, as long as that chasm you’re counting on is not based on technology alone. In our latest...
Shared electric vehicle provider Lime will roll out a new monthly subscription service called Lime Prime, which will reduce ride fees and waive unlock fees for Lime bike, scooter or moped rides, a Thursday (May 27) press release emailed to PYMNTS said. By doing that,...
As the U.S. emerges from the COVID-19 pandemic, some of the businesses who profited from the stay-at-home economy during its grasp now have to ask an inconvenient question: What do we do now? Every company that found a successful subscription model during the past year...
The pandemic didn’t entirely create the subscription boom seen over the last 15 or so months, but COVID-19 was undeniably an accelerant. Consumers stuck at home shopped for subscriptions the way they might once have roamed the aisles in brick-and-mortar retailers. An average of 34...
Social media gaming platform Twitch announced it is changing its subscription plan to make it more affordable to people in other countries while also upping the money it gives to its creators. Twitch charges about $5 monthly for a subscription no matter what country people...
Twitter is debuting a new subscription service called ‘Twitter Blue,’ according to a report from CNet. The service will cost $3 a month, according to a tweet from tipster Jane Manchun Wong. The social media giant said in early May that it would be putting...
Riders Share, a motorcycle sharing marketplace, has given bikers the option to pay a monthly subscription for discounted rides across the marketplace, according to a Monday (May 3) press release. The Rider Pass subscription plan, which is what the new plan is called, will allow...
Sharath Dorbala, CEO of Vindicia, discusses how 2020 transformed the subscription commerce landscape, and how subscription-based merchants must embrace eCommerce to succeed long-term. “Subscription-based companies will need to continually transform and reinvent the value of their offerings to drive appeal across various customer segments and...
Subscription boxes thrive when the product can become an essential part of consumers’ daily, weekly or monthly routines. No surprise then, given how many people start every day with a cup of coffee, and given that 83 percent of American adults identify themselves as at...