We see a strong trend in retailers seeking to expand their business models by adding subscriptions and tapping into the circular economy. Join the 62% of online retailers who already offer subscriptions or plan to do so in the next 18 months.
Regular subscriptions, meaning the same amount is charged on a defined schedule repeatedly, are not something new. Commonly used by membership services like streaming, gym memberships, and phone plans.
Repeat subscriptions are being offered by more and more businesses, from mobile apps to parking. Setup once and repeat indefinitely.
Pay-per-use (unscheduled) subscriptions are the smoother option for when your repeat customers are buying items in varying amounts and times.
Examples include car sharing, electric scooters, and meal delivery. Offering pay-per-use subscriptions means your customers don’t need to go through a checkout for every purchase. They just click “buy.”
Home electronic store NetOnNet wanted to enable a subscription solution to make it easy for their customers to rent home electronics instead of buying them. By making it possible to subscribe the online payment solution from Nets, their customers can now safely and securely pay online.
We now have a flexible solution that makes it easy and secure for customers to pay for our services. It is super simple for the customer to subscribe to our service in their chosen period, and the payment is deducted automatically every month.
Bill your customers in recurring periods or let them pay as they go.
Include a registration fee or additional cost.
Monitor all your subscribers in our Dashboard.
Mass manage your subscriptions and charge all subscribers at the same time.
Offer your customers a free trial - this way, they will have the opportunity to test your products or services at no cost.
In our insights section we share knowledge about selling online, consumer insights, payments, market trends, and much more. You can also find posts from our guest writers on subjects ranging from SEO to inventory management.
We’ve all heard of Chat GPT by now- but how can it affect the online shopping experience exactly, what should merchants know, and how can merchants take advantage of this new technology?
Read articleSince 2019, Sharebox has worked so that, among other things, the big brands in the auto industry can offer more digitized customer service with automated services and self-service options. On their team, they have Nets as a collaboration partner for digital payment solutions.
Read articleThe world has changed, and our online shopping habits have transformed. Are we witnessing similar trends across Europe or do differences remain our primary distinguishing factor? Find these facts and more with this detailed research report.
Read article