Subscriptions are no longer limited to news or streaming subscriptions – today they extend to every conceivable consumer vertical. From coffee and skin care to dog food and digital content, subscription commerce has become eCommerce’s new growth force.
As per ReCharge’s State of Subscription Commerce Report, the subscription economy keeps growing, with subscriber growth rising by 53% YoY and average order values (AOV) higher in most verticals. The world subscription eCommerce market is now forecast to hit $904 billion by 2026, greater than twice the previous forecasts.
Whether new to subscriptions or seeking to maximize your existing model, Propeller and ReCharge can assist you in launching, growing, and maintaining a top-performing recurring revenue stream.