Ugly produce boxes retain customers three times as well as meal kits
Over 30 percent of ugly produce customers are still subscribers at the end of their first year, dwarfing the average retention for another trendy food delivery: meal kits.
Author: Kate Gessner
Telemedicine startups Roman, Hims, and Keeps show enormous growth
Subscription boxes are now utilizing telemedicine. Rx brands Hims, Roman, and Keeps have all seen monthly spending grow by 10 times or more.
Nike sales outpace DTC competitors
By raw dollars, Nike sales have increased more than competitors' this year. But Adidas is making a strong digital push, with annual sales up nearly 40 percent year to date.
Sales pour in as Drizly enters new markets
Alcohol delivery service Drizly has expanded into over 30 new markets, and its monthly sales have grown fourfold since the start of the year.
MoviePass drama sends signups reeling
MoviePass’s recent shake-ups—like charging surge fees, ending its movie-a-day plan, and limiting movie selection—have kept subscribers on the edge of their seats. After abandoning the pricing model that made it famous, MoviePass has lost some of its new customer appeal but, through July, existing customers are still sticking with the struggling service. July attracts fewer … Continued
Waitlist drives demand for Tesla’s Model 3
Tesla opened up Model 3 ordering to its entire waitlist. A spike in configuration payments followed, though three-quarters of the waitlist have yet to order.