subscription commerce

The use of a recurring, usually monthly, payment business model so consumers and businesses can access products and services on a regular basis. The most popular subscription commerce businesses are streaming services (e.g. Spotify, Netflix), digital media (e.g. Wall Street Journal, Bloomberg), “box of the month” categories (e.g. StitchFix, Barkbox, FabFitFun). Businesses use the subscription commerce model to make access to valuable products more affordable by eliminating the need to make a one-time purchase, e.g. Salesforce, Microsoft Office, fraud and security software).

Rent the Runway Charts New Course With In-Person Events, Revamped Consumer Experience
Rent the Runway Charts New Course With In-Person Events, Revamped Consumer Experience
September 05, 2024  |  Earnings

Rent the Runway (RTR) is experiencing a pivotal moment as it redefines its growth trajectory through a blend of strategic innovations and operational improvements. Following...

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Tech for Good: Boosting Nonprofit Success With Digital Payments and Subscription Models
Tech for Good: Boosting Nonprofit Success With Digital Payments and Subscription Models
September 05, 2024  |  Digital Payments

When it comes to payments, no one gets a hall pass. Not even a nonprofit gets one. In fact, the world of charitable giving offers...

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Lyft Lets Commuters Cap Prices With New Subscription
Lyft Lets Commuters Cap Prices With New Subscription
September 04, 2024  |  Ridesharing

Lyft has debuted a new feature designed to help commuters stay within budget. “To make your day more predictable, we’re launching price lock, a new...

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Peloton’s Rebranding Falls Short in Changing Consumer Perception, Says CEO
Peloton’s Rebranding Falls Short in Changing Consumer Perception, Says CEO
August 30, 2024  |  Earnings

Despite Peloton’s rebranding effort launched in May 2023, executives acknowledged in the latest earnings call that the company’s expanded offerings and new identity have yet...

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Paying for Alexa? Amazon’s Big Bet on AI-Powered Voice Services
Paying for Alexa? Amazon’s Big Bet on AI-Powered Voice Services
August 28, 2024  |  Alexa

Amazon’s is planning an artificial intelligence (AI) overhaul for Alexa. Set to launch in October, the upgrade will reportedly transform the free voice assistant into...

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50% of Amazon Prime, Walmart+ Subscribers Step Up During Sales Events
50% of Amazon Prime, Walmart+ Subscribers Step Up During Sales Events
August 23, 2024  |  Retail

As retailers vie to capture consumer interest, the juxtaposition of Amazon Prime Day and Walmart+ Week underscores the evolving landscape of shopper loyalty. A recent...

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75% of Shoppers Hit Prime Day, Walmart+ Sales Looking for Deals
75% of Shoppers Hit Prime Day, Walmart+ Sales Looking for Deals
August 21, 2024  |  BNPL

A recent PYMNTS Intelligence report, “BNPL Fuels Essential Spending Surge on Amazon Prime Day, Walmart+ Week,” compares data from this year’s Amazon Prime Day and...

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Apple Requiring Patreon to Switch to In-App Purchase System
Apple Requiring Patreon to Switch to In-App Purchase System
August 12, 2024  |  Apple

Major changes are ahead for creators on entertainment subscription platform Patreon. Beginning in November, Apple will require Patreon to use the tech giant’s in-app purchasing...

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Gen Z Uses Grocery Subscriptions 133% More Than Gen X
Gen Z Uses Grocery Subscriptions 133% More Than Gen X
August 08, 2024  |  Consumer Insights

As online grocery subscriptions gain in popularity, Generation Z is leading the charge by a considerable margin. By the Numbers PYMNTS Intelligence’s “How the World...

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