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Subscription Commerce Merchants Innovate Amid Rising Churn Rates

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  BUSINESS   E-COMMERCE   ENTERPRISE IT   MOBILE   RETAIL   SECURITY   SOCIAL MEDIA   TRENDS   MOST POPULAR   NEWSLETTERS E-COMMERCE E-Commerc Merchants today are prioritizing innovative ways to retain and monetize their existing customer base, moving away from traditional customer acquisition methods. This significant shift demonstrates how subscription-based businesses are adapting to the prevailing macroeconomic environment. A pivotal discovery underlining this change comes from a recent “2023 State of Industry Report” by subscription billing software firm  Chargebee . In a study conducted between March 18 and April 15, 2023, Chargebee researchers analyzed the customer retention activities of over 318 leaders in the subscription business industry. The 28-question survey examined how these leaders adapted to changing market conditions, covering revenue and churn expectations, business strategies, budgets, and retention tactics for...
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Channel migrant numbers top 15,000 as government cracks down on social media adverts

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  Share IMAGE SOURCE, GETTY IMAGES Image capti The number of people crossing the English Channel in small boats has passed 15,000 for the year so far. The figure was reached as the government announced a partnership with social media companies aimed at stopping smuggling gangs advertising. The voluntary partnership will see the firms working with the National Crime Agency (NCA). An £11m Online Capability Centre will be set up by the NCA and Home Office to identify content. According to Home Office figures, after no crossings since 26 July, 262 people crossed on Friday and 77 on Saturday, bringing this year's total to 15,072. The figure for the same time in 2022 was 17,785, meaning there has been a fall so far this year of 15%. IMAGE SOURCE, GETTY IMAGES Image caption, The prime minister Rishi Sunak, visiting Home Office staff in Dover in March, has pledged to stop small boats crossing the Channel Meta, which owns Facebook and Instagram, as well as TikTok and X, formally known as Tw...
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