• The Rise of E-commerce Subscription Model And Services – Statistics and Trends [Infographic]

    Ecommerce subscription model statistics and trends

    Did you know than more than half of online shoppers (54%) have subscribed to a e-commerce subscription box service whereas about 15% of online shoppers have subscribed to an e-commerce subscription service within the past year. The e-commerce subscription model is growing at high rate with more and more e-commerce companies now offering subscription based services to their consumers according to their requirements. Check out our infographic “The Rise of E-commerce Subscripton Model” for latest e-commerce subscription statistics and trends.

    The Rise of E-commerce Subscription Model – Statistics and Trends

     

    Infographic by- Invesp E-commerce Conversion Rate Optimization

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    Over 50% of ecommerce service subscribers have more than one active subscription

    Women account for 60% of subscriptions whereas Men are more likely than women to have three or more active subscriptions (42% versus 28%)

    Nearly 20% of male subscribers and 7% of females claim to be subscribed to at least 6 ecommerce services

    28% percent of those surveyed said that a personalized experience was the most important reason for continuing to subscribe followed by Convenience (24%) and Value for money (23%)

    53% of all software revenue will be generated from a subscription model by 2022

    69% of US households now subscribe to one or more video streaming subscription services

    Percentage of Subscribers by Subscription Category

    Subscription Service Category%age
    Subscribe for Replenishment32%
    Subscribe for Curation55%
    Subscribe for Access Perks and Discounts13%

     

    Replenishment-based subscription services have a higher conversion rate (65%) than curation (52%) or access services (51%)

    Top Subscription Box Services

    Subscription Box Service%age
    Dollar Shave Club29%
    Ipsy21%
    Blue Apron17%
    Barkbox17%
    HelloFresh16%
    Birch Box14%
    Sephora Play14%
    Others27%

     

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