Forrester eCommerce

NOVEMBER 11, 2015

Like the evolution of the products themselves, the rulebook on monetizing them is also evolving: firms are replacing the simple one-time sales models of yore with subscription and consumption-based business models that better sustain a continuous relationship with their customers. Enter: subscription billing platforms.

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Korona

APRIL 6, 2022

Subscription-based programs were already on the rise before COVID hit in 2020. In fact, subscription retail revenue continues to accelerate at a much faster rate than the rest of the retail landscape, and it promises to move into more industries and products. Subscription Based Shopping: What Is It? Access-Based Subscriptions.

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Subscription Payment Services Shipping Costs Retail 98

365 Retail

FEBRUARY 23, 2022

Subscription services really took off in 2020 thanks to a combination of lockdown driving online shopping, consumers’ desire to save money, and the innate convenience of the subscription model. The subscription phenomenon. So what does 2022 hold for the subscriptions market? billion by 2025.

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Ecommerce Platforms

JANUARY 13, 2022

Convenience is the name of the game for online subscriptions. Many online consumers even seek out dozens of subscription offerings to streamline everything in their lives, from cooking to cleaning, and razors to gift giving. Subscriptions play an essential role in simplifying lives, but they also make for a wonderful business model.

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Omnisend

OCTOBER 16, 2023

Reading Time: 9 minutes Many people fear that adding an email subscription plugin to their WordPress site is a complicated affair. The truth is, adding an email subscription plugin to your WordPress site is a simple and affordable way to grow your audience. This article unveils 10 of the best email subscription plugins for WordPress.

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Groove

OCTOBER 30, 2024

Business-to-business electronic commerce—or B2B eCommerce—refers to digital transactions of goods and services between two companies. This differs from B2C eCommerce, which refers to transactions between businesses and individuals. While B2B eCommerce involves commercial exchanges, B2C consists of retail sales.

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Smile.io

OCTOBER 18, 2023

Subscription-based products have grown in recent years, truly becoming (DTC) direct to consumers. Virtually every brand in every industry has some form of offer to turn your one-time purchases into a monthly subscription.  By making recurring purchases easier, subscription services have made shopping convenient again.

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FastSpring

DECEMBER 3, 2020

Essentially, that’s the beauty of subscription business models. Subscription businesses get to profit from recurring purchases, and customers benefit from long-term savings and convenience. In a recent study , Zuora found that 71% of adults across 12 countries have subscription services. What is subscription marketing?

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Retail TouchPoints

SEPTEMBER 24, 2024

Miglani noted that many relatively recent online commerce developments will support the sales increases of nondurable goods, sometimes referred to as soft goods. The appeal of same-day delivery and subscription services helps boost online grocery growth by offering convenience and consistency for customers,” he said.

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Smile.io

AUGUST 8, 2023

Subscription-based companies have earned a spot in taking ecommerce companies further and truly becoming direct-to-consumer brands. million active subscribers and discovered that the average subscription customer held over 4 total subscriptions—a 14% increase since 2021.

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Korona

AUGUST 23, 2022

And even better, they can order a subscription box and receive their products regularly without thinking about it. And the numbers speak for themselves – subscription business revenues are growing five times faster than S&P 500 companies. But the most critical question is how to start a subscription business.

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Braintree

OCTOBER 29, 2019

To enable greater transparency for customers, Visa is updating its rules related to transactions for merchants that offer free trials or introductory promotions as part of an ongoing subscription service. When the subscription becomes active, Braintree will include the enhanced descriptor in the first subscription transaction.

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Groove

OCTOBER 18, 2022

While there are dozens, if not hundreds, of approaches that you could take, we have found one model to provide consistent success - subscription programs. Simply setting up a generic subscription program without providing increased value to your customers is a great way to fail. Vitamins & Supplements. Protein Powder.

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FastSpring

SEPTEMBER 17, 2019

Subscription-based businesses are awesome! While the recurring revenue part is true and awesome, retaining customers and creating a sustainable subscription-based business model can be super tricky. To determine if your pricing model is hurting or helping your subscription business, look at your price-page conversion rate.

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Ecommerce Platforms

APRIL 24, 2017

If you go to Cratejoy as a consumer, you'll find a multitude of subscription boxes to fit your own tastes. What's even more intriguing is the fact that anyone can sign up to sell their own subscription boxes. I've always been entranced by the subscription industry, partly because it's a tough way to make a profit.

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Kissmetrics

MARCH 16, 2021

For example, Videofruit once offered a prize of a 10-year subscription to Leadpages , an industry-leading landing page service. The featured incentive is a simple, straightforward way to immediately increase your subscription rate. Install a pop-up script or plugin Write a few lines of copy Watch your subscription rates jump.

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Kissmetrics

JULY 13, 2021

These sites are not to be confused with paid subscriptions , which refer exclusively to a financial model that binds users to its pages. Netflix, for example, is the classic example of a subscription website: a platform that users gain access to via a recurring fee. 3 Examples of Successful Membership Sites.

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Kissmetrics

JANUARY 1, 2021

Games as a Service refers to games that operate without initial purchasing costs and instead, make their profits on subscriptions or in-game purchases. Games as a Service has also been referred to as “cloud gaming,” “gaming on-demand,” “live service games,” or “game streaming.” A normal subscription is around $4.99-$19.99

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Smile.io

SEPTEMBER 22, 2020

Online subscription models are hard to maintain but come with a great reward. Today, there’s absolutely no use in trying to implement contracts or minimum subscription periods. This leaves you with the question, how can you implement strategies to reduce churn in your subscription business and maintain happy customers?

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FastSpring

SEPTEMBER 24, 2020

Revenue refers to the total earnings a company generates through its core operations like sales of products or services, rents on a property, recurring payments , interest on borrowings, etc. The term revenue without any prefix refers to the gross revenue of a business. What is the Difference Between Revenue and Income? Definitions.

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Payments Payment Services Subscription Reference 85

Kissmetrics

OCTOBER 6, 2021

Peet’s Coffee Subscription. Peet’s brought these concepts together with their coffee subscription service. Nearly all the brands that use a specialty D2C subscription option in addition to their retail locations allow consumers to feel closer to the headquarters of these coffee producers. 7 Strategies for D2C Brands.

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Retail TouchPoints

DECEMBER 29, 2021

In current times, D2C refers to brands selling directly to consumers rather than the more traditional approach of selling through retailers. Subscription Models. Subscription-based D2C brands like Perk Coffee or Hook Coffee are good examples of simplifying the purchase process for busy multi-taskers.

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Kissmetrics

APRIL 13, 2021

Whether you plan to charge for downloads or use subscription services to generate income, your app will never be profitable without a monetization strategy. If you’re using a subscription-based service, you may want to build out a free version that users can test before committing. Subscriptions. 6 App Monetization Strategies.

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Retail TouchPoints

MARCH 11, 2024

It is assumed that they are more adept at using the technology in their hands and that this facility will inform their consuming behaviors, which McKinsey refers to as “seamless and intuitive adoption of online shopping and transactions.”

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ESW

JULY 6, 2023

Essentially, The Amazon Effect refers to the ways in which consumer expectations have changed as a result of shopping with the dominant online marketplace. Subscription Incentives Amazon Prime Day began as a sale to reward Amazon Prime members (and celebrate Amazon’s birthday). Subscriptions are a great way to earn automatic income.

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RetailWire

AUGUST 13, 2020

Apple is reportedly planning to bundle some configuration of its Apple Music, TV Plus, News Plus, Arcade and iCloud storage plans into a single program being referred to as Apple One. The tech giant is expected to launch the new program along with its new iPhone 12 model in October.

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Kissmetrics

APRIL 13, 2021

There are two common types of VOD you’ve likely interacted with: Subscription VOD: Also known as SVOD, access to these videos comes with a subscription rate. Essentially this is any streaming platform involving an annual, monthly, or some other subscription rate. Again, think Netflix or Hulu. What About OTT?

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FastSpring

OCTOBER 13, 2020

Acknowledge anniversaries on subscriptions and include an opportunity to upsell/cross-sell. Some ideas for cross-sell items are additional products, support subscriptions, product training, bundled protection plans, etc. Develop Long-Term Customer Relationships with Subscriptions.

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Retail TouchPoints

JULY 19, 2024

A Small Change with Big Results To ensure parents have confidence in shopping used, GoodBuy Gear inspects every item before it’s listed — whether it comes from a retailer, manufacturer or consumer — and even has developed a database (referred to internally as the Blue Book of Baby Gear) to simplify the process of creating product listings.

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Subscription Consumer Improvements eCommerce 293

Groove

APRIL 1, 2022

Refer to this FDA Guidance Document for Mail Order Food Companies for more in-depth information regarding shipping regulations for perishable consumer packaged foods. Strategies To Drive CPG Growth Offer Subscription Plans One way to drive CPG sales is to offer a subscription plan(s) for your customers.

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Groove

JULY 29, 2022

Outside of these plans, Shopify’s enterprise solution is referred to as “Shopify Plus,” which starts at $2000/mo. These integrations are referred to as “apps” by Shopify, which can be viewed in their entirety from the Shopify App Store. In the first category are “Basic” for $29/mo, “Shopify” for $79/mo and “Advanced” for $299/mo.

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Smile.io

SEPTEMBER 6, 2023

Its loyalty program, First Person Rewards offers 5 Points for every $1 spent and customers are able to redeem them for up to $25 off a one-time purchase or off a subscription deal. These rewards fit perfectly well for First Person, as subscriptions are ideal for supplement and nutrition brands.

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Retail TouchPoints

JULY 26, 2022

The saying “Good clothes open all doors” typically refers to the positive impression fashion can help you make on strangers, but in the case of Goodlife it has been true in another sense. Product that Delivers on its Promise.

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Groove

MARCH 3, 2022

If you don’t know what metrics you’re looking for when it comes to data analysis, refer back to step 1 above where you identified the questions that you wanted answers to. YoY growth refers to measuring a specific metric that is important to your business from one year to the next. Metrics will vary based on the issue at hand.

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Retail TouchPoints

MARCH 31, 2021

For example, when you buy a TV, it now comes with a number of subscriptions to third-party streaming applications. Moreover, modern products often connect with other products and services to form and participate in an ecosystem.

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Groove

MARCH 14, 2022

SaaS, or Software-as-a-Service, refers to a cloud-based CMS that website owners use to host their eCommerce stores. SaaS doesn’t require a separate server, and merchants pay for a subscription. Because subscription plans scale as merchants’ stores grow, SaaS is a great option for fast-growing businesses.

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FastSpring

MAY 29, 2020

Fixed a bug for re-seller stores that was causing the Reference Number value to not save upon new order creation. When a buyer cancels an overdue subscription we now deactivate the subscription immediately and prevent dunning recharge attempts.

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