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In 2020, we’ve seen a remarkable period of transition. According to some estimates, the COVID-19 pandemic will mean “most major economies will lose at least 2.4% of the value of their gross domestic product) throughout 2020.” In the U.S. alone, that equates to some $3.5 trillion dollars lost—just like that....
COVID-19 has taken the world by storm, changing our day-to-day existence in ways we could have never imagined. Back in March, when the pandemic hit the U.S. in full force, many consumers reacted by emptying store shelves of basic necessities including canned goods and toilet paper. Many people, not knowing...
It’s no secret that streaming services have completely changed the way many Americans consume media. For years, consumers have been shifting away from purchasing one-off movies, shows, and songs — or getting most of their entertainment from a cable TV package — and instead subscribing to services like Netflix and...
In developing Recurly, we strive to solve real problems with a comprehensive solution, but without sacrificing ease of use. That said, we’re aware that implementing a new billing system can be challenging, whether you’re new to subscription billing software or are switching to Recurly from another solution. In today’s fast-paced...
It’s no secret that companies of all sizes and in every industry consider data a must-have. If you’re able to take full advantage of the data you have on hand, you can gain deeper insights into the state of the business, make better decisions at a faster clip, and increase...
There are many ways Recurly helps subscription businesses recover revenue after a transaction fails. There’s the sophisticated Revenue Optimization Engine, which powers our custom retry strategy, as well as Recurly’s customizable dunning, which makes it easy to automatically reach out to subscribers with on-brand messaging on an optimal cadence. All...
With all the applications involved in the daily crusade of running a business, the thought of onboarding another platform probably isn’t so appealing. If that’s the case, take a minute to consider what it might look like to replace the hodgepodge of disconnected systems and spreadsheets you use today with...
Every merchant’s #1 priority is reliably getting paid for the goods and services they sell. In order for merchants to collect payment, they need a gateway to help validate a payment action (for instance, the swipe of a credit card) and facilitate the transfer of money from the customer to...
Since we introduced the Recurly Item Catalog feature earlier this year, merchants have enjoyed the ability to manage, track, and analyze all the items they have for sale in a single place. We quickly realized that we could provide an even easier and more efficient way to sell the products or...
The undeniable success of streaming media, direct-to-consumer goods, and other subscription businesses is far from just an American phenomenon. Today, consumers all around the world enjoy the benefits of subscription services, such as convenience, consistent billing, and low upfront costs. While the benefits of subscriptions are largely similar no matter...
