The bigger challenge facing subscription e-commerce companies is churn. The good news is that subscription e-commerce consumers can be sticky once they find a service they like. Search Toggle search field. Customer account self management: You also need to ensure the product and experience are not only high quality from day one, but also as you scale. It took over a year.
For replenishment subscribers, convenience 24 percent was the most important consideration, though value for the money 23 percent and personalized experiences 22 percent were also important.
Datanyze Technographics Market Share
The subscription e-commerce market has grown by more than percent a year over the past five years. For Bestowed, subscriptions represent a small percentage of our revenue. Research your payment gateway: When starting out, keep fulfillment in-house and under your control. It can be difficult for subscription e-commerce companies to acquire and then retain consumers.