Subscription Commerce

Walmart+ Subscription Service to Launch This Month, Will Rival Amazon Prime
September 1, 2020 at 2:37 pm

Walmart on Tuesday unveiled a subscription service that will go toe-to-toe with Amazon Prime, reports CNN. The Walmart+ membership plan includes free shipping on items $35 and over, including same-day deliveries on certain items from stores, such as groceries. It will cost $98 a year or $12.95 a month, and includes a 15-day free trial period. Members…

Subscriptions in 2020: What Global Shoppers Want
August 27, 2020 at 6:14 pm

Today’s consumers love subscriptions, as long as they cater to their preferences, needs and budgets. Despite the COVID-19 pandemic and current market uncertainties, 2020 is shaping up to be a good year for the subscription model. A recent survey of over 400 respondents in 50 countries, conducted by 2Checkout, revealed insights into what shoppers want.…

Walmart to Launch Membership Program to Compete With Amazon Prime
July 12, 2020 at 12:39 pm

Walmart is launching a new subscription service later this month called Walmart+ that closely resembles Amazon Prime, multiple sources told Recode last week. According to the sources, Walmart+ will cost $98 a year, and will include perks such as same-day delivery of groceries and general merchandise, discounts on fuel at Walmart gas stations, and early…

3 Subscription Box Trends Driving E-Commerce
June 5, 2020 at 4:25 pm

The slow death of brick-and-mortar retailers has been well documented and unexaggerated. A record-setting 102 million square feet of store space was closed in 2017, according to CoStar Group. Retailers promptly obliterated that record in 2018 by closing another 155 million square feet. However, not all retailers are going gently into the night. As consumer preference…

New Consumer Insights: Even Virtual Gym and Delivery Subscriptions Not Immune to COVID-19 Effects
April 16, 2020 at 3:50 pm

The ongoing COVID-19 crisis has thrown every sector of retail into disarray, and businesses are struggling to adapt to the rapidly changing environment. Not only are consumer behaviors fundamentally shifting in light of the pandemic, but they're also prompting retailers to consider how their brand aligns to customer expectations, and how to translate this insight…

Birchbox Cuts 25% of Workforce to Reduce Costs
February 10, 2020 at 2:41 pm

Beauty products subscription service Birchbox plans to lay off 25 percent of its workforce to reduce costs. At least 44 employees will be affected in New York, out of a total workforce of 94, according to a notice filed with the state labor department. As part of the costs reduction plan, Birchbox also plans to move some…

Attracting a $1 Trillion Demo: How Retailers Can Acquire More Millennial Consumers in 2020
January 13, 2020 at 7:13 am

Millennials are poised to reign supreme in 2020, commanding 30 percent of the retail market share with purchasing power projected to reach $1.4 trillion. The flipside? Millennials own fewer possessions than ever before and have less incentive to buy things that require commitment, such as insurance protection or long-term contracts.  The trend signals a movement…

7 Customer Retention Predictions for 2020
January 2, 2020 at 10:55 am

We’ve seen our fair share of shocking headlines recently: tenuous IPOs, the “retailpocalypse,” and a fickle market have served to reset the way we size up subscription businesses. Recurring revenue models have their pitfalls, and 2019 certainly taught the industry a few lessons. In 2020, retention is set to be a top priority for companies…