Understanding subscriber preferences is the lifeblood of subscription commerce — even more so in a digital economy. Subscription businesses that ignore this do so at their peril: Our research finds that 25% of retail subscribers who prefer to shop online at will for retail items...
As dating apps look to monetize more and more parts of the user experience, many young consumers are reportedly growing frustrated. According to Bloomberg, many young consumers are taking to social media apps to voice their annoyance with recent changes to dating giant Match Group’s apps,...
YouTube is reportedly increasing its efforts to keep ad blockers off of its site. The Google-owned video platform recently began a new policy of requiring users to shut off their ad blockers or purchase a premium subscription before viewing more than just a few clips,...
For retailers, the benefits of subscription models lie in building brand loyalty, as recurring purchases can lead to predictable top-line growth. To that end, and as detailed in PYMNTS’ latest Subscription Commerce report, there are several positive trends already in place. But it may be...
Retail subscriptions represent a key growth segment for online merchants. Not only do 4 in 10 millennials satisfy most or all their shopping needs via retail subscriptions, but sizeable shares of other generations do as well. The more subscribers rely on their subscriptions, however, the...
As streaming changes how consumers get their audio content, the BBC is expanding its subscription offerings around the world. According to The Hollywood Reporter, the United Kingdom public broadcasting company launched BBC Podcasts Premium in 166 additional countries on Tuesday (Nov. 28), providing ad-free listening on...
Urban Outfitters’ clothing rental service, Nuuly, has turned its first profit. The achievement of this milestone comes as a result of a growing subscriber base and an 86% increase in revenue, CNBC reported Tuesday (Nov. 21). Nuuly’s success in achieving profitability before its competitor, Rent...
Roblox is launching new in-game subscriptions in an effort to drive higher-margin purchases as, across the gaming industry, major players look for new ways to bring in recurring revenue. A staff member from the online gaming company announced to the platform’s developer forum on Wednesday (Nov. 15)...
In recent months, the momentum of retail product subscriptions has waned, as consumers grapple with headwinds from economic challenges and a rising cost of living. Yet, within this challenging landscape, a small group of subscribers, termed “loyalists,” has emerged as a crucial cohort for retail...
