In the current era of economic uncertainty, successful subscription models will focus on value and convenience for replenishable household goods. But to earn subscription revenues, brands and retailers will have to go against Amazon and its growing Subscribe & Save business.
Key Question: What are the components of a successful subscription strategy during periods of economic uncertainty and subscription fatigue?
KEY STAT: Home goods subscriptions had the strongest retention rate (51%) in 2022, while food and beverage subscriptions had the highest lifetime value ($356).
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Table of Contents
Report Snapshot
Subscription ecommerce is poised for its slowest growth year on record.
Adoption has slowed while consumers have opted for fewer subscriptions.
Amazon is the most popular destination for subscriptions, driving a strong portion of sales growth.
Popular subscriptions for common household goods win when focused on value and convenience.
Retention rates and LTV are both important when weighing the value of subscriptions.
How should brands and retailers approach subscription ecommerce?
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