Rising Trend of Subscription Model in eCommerce
Allen-smith10 Feb, 2023Technology
The market for subscription commerce is expanding rapidly. Through it, several prosperous firms have already greatly grown. Dollar Shave Club, Blue Apron meal kits, and many other recent examples of subscription-based business models are some of the best ones. A survey revealed that approximately 16% of eCommerce businesses in North America and Europe intended to launch subscription services in 2021, per one statistic. The number of online shoppers has even increased with the growth of eCommerce. The number of internet buyers worldwide climbed to 2.14 billion in 2021.
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