New opportunities for subscription monetization
Happy Veteran’s Day! This holiday season, I would like to encourage you to support veteran-owned subscription businesses. It’s a simple way to show appreciation to the nation’s heroes! If you’re not sure where to start, check out these subscription boxes — all curated by veterans.
As always, I invite you to schedule time with me if you’d like to have a risk-free strategy call with a true eCommerce magician.
Every week, we highlight the biggest news happening in the subscription economy. Our hope is to inspire you to glean from what other successful recurring revenue merchants are doing, and we scour the web so you can stay current without getting buried in content. We also accept submissions, so please share your latest business news with firstname.lastname@example.org for consideration.
Let’s get into it, but first…
Deals of The Week
Blue Apron Balances Commitment Phobia With Subscription Demand
Ordergroove Picks up $100M to Grow eCommerce
Ordergroove — a startup that has built a “subscription as a service” platform for brands and retailers outside of Amazon to build similar experiences for their own sales — is announcing $100 million in funding, underscoring the opportunity ahead.
Read the full story on TechCrunch.com.
Twitter Begins Offering $7.99-a-Month Verification Subscriptions
The new system for assigning check marks to users’ profiles is among a raft of changes the company has been discussing since Elon Musk’s takeover.
Read the full story on NYTimes.com.
ESPN+ Subscriptions Increase to 24.3 Million
During Disney’s Q4 earnings call on Tuesday, the company announced that ESPN+ subscriptions had risen to 24.3 million.
Read the full story on AwfulAnnouncing.com.
Cato Networks' Annual Recurring Revenue Grows from $1M to $100M in Five Years
Cato Networks, provider of the world’s leading single-vendor SASE platform, announced that annual recurring revenue (ARR) grew from $1 million to $100 million in just five years.
Read the full story on TheFastMode.com.