Can you count on one hand how many subscriptions your household is subscribed to?


Over 62% of households are now subscribed to at least one retail membership. Not surprisingly, 54% of U.S. households are subscribed to Amazon Prime.


This week we dive deep into emerging retail subscription services and the potential of a BNPL bubble.

THIS WEEK’S HIGHLIGHTS

  • BNPL: How buy now, pay later has become an unregulated mess.

     

  • Hot topic – Subscriptions: From niche to mainstream, everything you need to know about retail subscriptions.

  • Q1 Benchmark Report: Click HERE to download the report.

  • Doorcounts webinar:  No webinar this week. Enjoy your morning and we will be back next week!

FOOT TRAFFIC INDEX

Here’s a look at last week’s foot traffic compared to the same time last year.

CLICK HERE to subscribe to Daily Foot Traffic Index

FOOT TRAFFIC TRENDS

Industry insights so you can convert your foot traffic into more sales.

Update: Buy Now Pay Later

Name of the game: Subscriptions

From Costco to Amazon Prime, subscription retail services have slowly become mainstream.

 

Over 62% of households are now subscribed to at least one retail membership. Not surprisingly, 54% of U.S. households are subscribed to Amazon Prime.

 

Not only do programs like Walmart+ and Amazon prime drive more sales with the added benefits such as free shipping, but the memberships also help drive brand loyalty and trust.

 

Although subscription services do not directly relate to big-ticket items, early access or “subscriber-only” deals can be a great way to generate leads and brand loyalty.

 

Click HERE to learn more about retail subscription services.

Retail Snippets

Market insights: Analysis of 500 brands reveals gaps that retailers can turn into competitive advantages.

 

Supply update: How other furniture brands and manufacturers are coping with ongoing supply chain strain.

 

Union: Employees everywhere are organizing. Here’s why it’s happening now.

RANDOM IRRELEVANCE

UFO: Pentagon UFO sightings will finally be publicly aired at a Congressional hearing.

 

Robomeal: Uber set to test delivering food with robots.

 

Peek-a-Boo Moon: Astronaut on Space Station captures spectacular photos of the lunar eclipse.