TechFirst with John Koetsier cover image

TechFirst with John Koetsier

Are subscriptions the new retail? They've jumped up to 145% since COVID-19

Jul 7, 2020
14:10

Are subscriptions the new retail? We know digital retail is way up, thanks to COVID. But … surprisingly ... subscription purchases are way up too. 

Streaming: jumped up to 89.8%

Consumer goods: growth of 105%-145%

Education: growth as high as 60%

SaaS/Cloud: subscriber growth peaked at 51%

That's interesting because we tend not to want long-term commitments especially during a downturn. We chat about all the details with Dan Burkhart, CEO of Recurly.

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