Our merchants are important to us- that’s why we go out of our way to educate and inform them on the ins and outs of the payment processing industry. We understand merchant services can be a confusing space for new businesses (and old companies too!). So please continue reading for an insightful blog on the industries we serve best.
Posted: by Allison
It’s no secret that subscription as a service technologies are growing rapidly. In fact, they are projected to continue to climb with more adoption of subscription sales in the future. The rate of cloud application services is projected to be as high as $113.1 billion in the year 2021. The potential for a successful subscription […]
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Posted: by Allison
The last decade has provided the public with an abundance of subscription style businesses. From recurring household products to entertainment services, there is quite literally a subscription for everything. Specifically, eCommerce subscriptions have grown exponentially in the last 5 years. Features such as negative-option billing and subscription schedules have made the entire process a lot […]
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Posted: by Allison
The term “freemium” is a combination of the words “premium” and “free” and was invented by Fred Wilson, a venture capitalist in Silicon Valley. The idea behind it is to offer your service for free to get customers through referral networks, word of mouth, and organic search marketing. Although limited, users get a taste of […]
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Posted: by Bronte
Both the vape industry and the subscription box industry emerged within the past decade and grew at an extreme rate. On their own, they are valued at 10,260 million and over 3 billion in 2018 respectively. But the combination of these two markets creates a whole new area of opportunities to explore. If you are […]
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Posted: by Bronte
Subscription style businesses are growing rapidly. Many companies that utilized the purchase and pay are now adopting the continuity subscription business model. The reason for this is because there are many perks to billing or charging consumers on a recurring basis. With the continuity model, your company can experience substantial growth and more revenue along […]
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Posted: by Bronte
Hands down, the most common reasons for customer abandonment from a subscription site is due to complexity, lack of payment options, and technical problems. And since customer acquisition is so important for subscription continuity businesses, this can lead to a big issue. You worked so hard to be able to get the customer’s attention and […]
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Posted: by Bronte
A podcast is a series of audio recordings or videos that are available to download over the internet using a phone, computer, or tablet. The podcasting experience is believed to have started around 2004 and has exploded ever since. According to eMarketer, podcast listeners grew from 17 million users to over 21 million users in […]
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Posted: by Bronte
Mystery subscription boxes are all the rage right now. These gifts are mailed out to the consumer and paid for on a monthly basis with an unknown item inside. The fun is that the consumer has no idea what they are getting in each delivery. Consumers pay the subscription cost and go on faith that […]
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Posted: by Bronte
Subscriptions are bringing the excitement of receiving presents on Christmas morning into a monthly occurrence with carefully curated boxes used to intrigue, thrill, and inform. Over the past five years, there has been an over 100% increase in online traffic for sites selling these subscription boxes. People are buying handcrafted beauty products, shaving razors, pet […]
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Posted: by Bronte
Lifestyle subscription business owners have done a great job creating and marketing their products. A new box pops up almost weekly introducing a new, convenient way to have your cake and eat it too. Monthly meditation boxes to introduce you to quality products, weekly nutrition meals to facilitate your gym workouts, and so many more. […]
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