11.26.21: The Latest Subscription News
Igor Krasnykh
?? Helping B2B scale with tech & strategy | Boosting revenue, profit & efficiency ??
The retail bonanza known as Black Friday has spurred spinoffs like Small Business Saturday and Cyber Monday, but what's the story behind the OG of shopping holidays? There are many myths surrounding the roots of Black Friday, and History.com has put together an interesting overview explaining where this post-Thanksgiving tradition stems from. I must say it is worth the read. Happy shopping!
Every week, we highlight the biggest news happening in the subscription economy. Our hope is to inspire you to glean from what other successful recurring revenue merchants are doing, and we scour the web so you can stay current without getting buried in content. We also accept submissions, so please share your latest business news [email protected]?for consideration.
This Week's Five to Thrive
Let's get into it, but first...
SUBTA Wants to Help Alleviate Holiday Shipping Woes
More than 60% of U.S. business owners fear they’ll receive their holiday inventory late due to global supply chain problems,?according to Deloitte. There are several ways to reduce this kind of stress if you feel overwhelmed. Being proactive and staying on top of various shipping deadlines can help you tremendously.?Here is everything you need to know about FedEx, USPS, UPS, and DHL and their last days to ship for the holidays.
Read the full story at SUBTA.com.
Recurring Billing Increases Sales Tax Complexity
By embracing the subscription model, business owners are also embracing the increased sales tax risk that comes with it. And because subscriptions are recurring, that risk is also recurring?—?and compounding.?To avoid sales tax risk, you need to be aware of a complex mix of factors.
Read the Full Story on CFODive.com.
领英推荐
A Lifeline for The Subscription Box Model Beyond The Pandemic
Subscription boxes have some of the highest churn rates in the industry, with consumers quickly canceling services that don’t deliver exceptional end-to-end experiences and ongoing value. So, what’s the secret to success? In order to create and scale a profitable subscription box model, companies must embrace the following principles.
Read the full story on AdWeek.com.
Experts Say Recurring Revenue Of Solar Farms Is Worth The Investment & May Pay Dividends For Years
Electricity generated from solar power has been on the rise over the last decade and is one of the fastest-growing renewable energy sources in the U.S. The revenue on the solar farm is worth the investment as the recurring revenue will pay dividends for years. It has been said that this technology is the foundation that will allow for a clean energy economy.?
Read the Full Story on PRNewsWire.com.
Explaining The Appeal of Subscriptions to Canadians
A rose is a rose is a rose, but please,?please?make it clear to your readers what a “subscriber” is
A few months back, Punchbowl announced it had reached 100,000 subscribers. Good for them! So 100,000 people are paying $300 a year — what a business! Except no, actually, the 100,000 were just subscribers to the free email. The number of?paying?subscribers?was closer to 3,000. Punchbowl didn’t?say?“We have 100,000?paying?subscribers” — but as a company known mostly for its high-price subscription product, not making that clear is asking for trouble.
Read the full story on NiemanLab.org.
More From Around The Web