Lightspeed Blog

Monthly Subscriptions: Are Americans Buying In?

Posted by Katy DiGiacomo on Aug 6, 2018

The consumer buying experience has changed…but not subtly. Gone are the days of Toy “R” Us kids or Friday night trips to Blockbuster and instead consumers are receiving deliveries from the Barkbox, Birchbox, and Blue Aprons of the world. For today’s burgeoning brands, relevance now equals accessibility (at the buyer’s fingertips) with a dash of custom curation added to the mix. Brands nowadays need to find ways to fit into a consumer’s life and let technology play a role in getting there. Forbes recently reported the subscription e-commerce market has grown dramatically over the last decade, from $57 million in 2011 to more than $2.9 billion today.

From apps to streaming, subscription services and monthly mailings are not just providing a way to shop but also for brands to sell. So, what are consumers purchasing today?

2018_LightspeedSubscriptionServices

Topics: modern surveys, Marketing Research Data

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