Subscriptions, it’s not just monthly payments
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.
Recurring payments
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.
FITS PERFECTLYÂ FOR
Mobile apps
Parking
Streaming
Pay-per-use
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.”
FITS PERFECTLYÂ FOR
Meal delivery
Car sharing
Electric scooters
Customer stories
Flexible subscription solution boosted customer activity
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.
Daniel Hansson
Responsible for circular
services at NetOnNet
Subscription highlights
Flexible subscriptions
Bill your customers in recurring periods or let them pay as they go.
Add on fees
Include a registration fee or additional cost.
Easy monitoring
Monitor all your subscribers in our Dashboard.
Mass management
Mass manage your subscriptions and charge all subscribers at the same time.
Free trials
Offer your customers a free trial - this way, they will have the opportunity to test your products or services at no cost.
Contact sales
Our turnover increased by 21.5%. Additionally, we have 28% more transactions – and 49% more orders from mobile.
Customer story
Jon-Inge Heldal
CEO Parkett.no
Our conversion rate increased from three to four percent, a very big change that resulted in an increase in completed purchases by 30%.
Customer story
Per Erik Kirkaune
Marketing Manager at Norsk Bildelsenter
Previous payment solutions have given us lots of manual work. We had to log into several portals to manage transactions, and there was much fraud. With Nets Easy none of that is an issue anymore.
Cecilie Ciekals
Performance Marketing
Manager at Lampehuset
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Insights
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.
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The 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.
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