New subscription offerings are here and on their way: Netflix is working on an ad-supported plan with Microsoft, BMW launches a new heated seat subscription feature, Zygg e-bike service takes over Metro Vancouver, and Instagram continues to enhance its subscription beta testing. Despite unexpected June inflation, Amazon Prime Day boosts...
While winning new subscribers is essential to your subscription business, long-term success and growth are only possible if you can retain those subscribers. Minimizing churn and maximizing renewals are crucial, and doing it well requires fast access to the metrics that measure your progress and deliver insights into trends and...
When I speak with the executives of recurring revenue companies, we discuss common goals like attracting new subscribers and keeping churn rates low. I always ask how they measure their progress toward those goals — and I'm sometimes surprised at their answers. Not every business that relies on recurring revenue...
This is an exciting week for the retail subscription industry with Walmart+ introducing a new InHome add-on and Prime users get to enjoy a free Grubhub membership. Amazon makes it easy for EU members to cancel their subscriptions, Nintendo launches a brand new Switch repair subscription plan, and Apple enables...
Before you head out for all your summer activities, check out what Recurly’s product team has been up to lately. The July Product Release is live and includes new features and functionalities that will improve your ability to attract and retain subscribers. Here’s a summary of what’s new and why...
The pandemic has paved the way for consumer re-evaluation, leading us to the direct-to-consumer (DTC) shift. Emerging consumer models continue to grow, bringing new consumer values, new buying behaviors, and new demands. As a result of this shift to a DTC, subscription-run commerce landscape, businesses must focus on their brand,...
This week Snapchat, Fairphone, and TelevisaUnivision announce new subscription plans, Apple refreshes its subscription management interface for a better experience, and The World Bank reveals its latest insights about digital payment use globally. Snap officially introduces Snapchat+ The wait is over–Snapchat+ is here. Snapchatters can now enjoy a collection of...
We understand your top priority is to grow your subscription business. At Recurly, we make it our business to help make that a reality—continually innovating and evolving our subscription management and recurring billing platform to stay out in front. As Recurly's Vice President of Product Management, I'm excited to share...
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As subscription commerce thrives on the recurring revenue model, ensuring the continuity and growth of subscribers forms the heartbeat of successful businesses in this industry. Acquiring new customers is always attractive, but retaining existing customers costs less and is a solid business objective to pursue. Statistically, companies across the...
This week, Netflix confirms its new ad-backed tier while Zoom launches a new packaging offering, and Alo Yoga enables cryptocurrency payments. Netflix confirms new ad-supported service Netflix’s co-CEO, Ted Sarandos, has confirmed that the company is working to include a new, cheaper, ad-supported subscription tier to their catalog by the...
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