Subscription Programs Delivering Revenue Growth According to New Retail Survey
Summary
- Looking towards the future, brands and retailers are also seeing long-term benefits from their recurring revenue programs, with nearly all (93%) expecting that this trend will continue in 2020. “Relationship commerce enables brands and retailers to form a closer connection with customers that leads to repeat purchasing,” said Greg Alvo, CEO, Ordergroove. “As shopping experiences grow in sophistication through personalization and omnichannel reach, we expect to see more brands and retailers reserve their own expertise for communicating brand value and turn to Ordergroove for the technology, experience and extensive APIs to implement and scale.” To learn more about the study, download the full report. Ordergroove enables Relationship Commerce experiences for hundreds of brands and retailers including Unilever, L’Oreal, The Honest Company, Walmart, Pepsi and Nestlé, shifting consumer interactions from one-and-done transactions to frictionless and highly profitable recurring revenue relationships. With successful subscription, predictive reorder and membership experiences, the company’s technology platform coupled with artificial intelligence, analytics, and unmatched consumer expertise helps top brands transform their commerce experiences across every channel while making their consumers’ lives easier.