subscriptions

The subscription business model is a business model in which a customer must pay a recurring price at regular intervals for access to a product. The model was pioneered by publishers of books and periodicals in the 17th century, and is now used by many businesses and websites.

Source: en.wikipedia.org

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...

READ MORE >
Report: OpenAI Considers $2,000 Monthly Subscription Prices for New LLMs
Report: OpenAI Considers $2,000 Monthly Subscription Prices for New LLMs
September 05, 2024  |  artificial intelligence

OpenAI executives are reportedly considering subscription prices as high as $2,000 per month for the company’s upcoming large language models (LLMs) like Strawberry and Orion....

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
Trustly CRO Says Pay-by-Bank Solutions Benefit From Regulation and Shifting Consumer Preferences
Trustly CRO Says Pay-by-Bank Solutions Benefit From Regulation and Shifting Consumer Preferences
August 29, 2024  |  Payments Innovation

Within an open banking environment, advances like pay by bank are transforming money movement. At its core, pay by bank allows consumers to make payments...

READ MORE >
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...

READ MORE >
FTC Accuses Care.com of Misleading Job-Seeking Caregivers
FTC Accuses Care.com of Misleading Job-Seeking Caregivers
August 26, 2024  |  Regulation

The Federal Trade Commission took legal action against child and older adult care platform Care.com. The FTC alleged that Care deceived caregivers about the availability...

READ MORE >
Higher-Income Shoppers Twice as Likely to Look for Deals at Walmart+ Week Sale
Higher-Income Shoppers Twice as Likely to Look for Deals at Walmart+ Week Sale
August 26, 2024  |  Retail

As promotional events like Amazon Prime Days and Walmart+ Week escalate the rivalry between Walmart and Amazon, distinct consumer trends have emerged. A recent PYMNTS...

READ MORE >