Going beyond with recurring revenue

We’re thrilled to publish the debut edition of Recharge’s Linkedin newsletter! Here, we’ll dive deeper into the freshest content on DTC trends, industry insights, and Recharge news.?

Today, we’re covering:

• Our annual ecommerce event, ChargeX
• Subscription churn and retention insights from 2022
• Our brand-new multi-currency feature

Join us on the East Coast for ChargeX 2023

Recharge’s global ecommerce conference is less than 1 month away, taking place in Washington, D.C. from April 26–28.?

Curious what’s on the agenda? We’ve just released our full lineup of networking opportunities and sessions led by industry experts from Blueland, Bokksu, PrettyLitter, and more. To register, visit our event page.

Subscription merchants achieved 45% customer retention after 6 months?

Few metrics are more important than customer churn and retention, especially as competition for consumers’ dollars becomes increasingly fierce with inflation. Our latest industry research found that for subscription merchants, these metrics both improved in 2022 across verticals.

Our State of Subscription Commerce report covers how these merchants saw overall decreases in average monthly churn alongside year-over-year increases in customer retention. On average, these brands retained a whopping 45% of customers after 6 months and 33% after 12 months, with the top vertical achieving 51% annual customer retention.

For more takeaways, read the full report.

Accelerate revenue growth with multi-currency support

In today’s globalized economy, merchants must sell their products in multiple currencies to reach customers in different parts of the world. That’s why we’re thrilled to announce the release of our new multi-currency solution, available to stores using our Shopify Checkout Integration.

Integrated with Shopify markets, Recharge’s multi-currency feature can be enabled in just a few clicks. Merchants can then gain currency conversion support for their recurring orders, which is crucial for businesses that operate on a subscription model. Get the details.

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