July 17, 2024
As retailers adopt subscription programs to offer deals, a survey reveals two-thirds of U.S. shoppers can't afford all their subscriptions.
That's a prime finding from Bango research focused on American shoppers' habits and attitudes regarding subscription services. The data revealed that a shopper averages five subscriptions.
The survey polled 3,000 consumers who have a retail subscription.
The news comes on the heels of Target reintroducting its membership program called Target Circle 360.
"The way we shop is changing — again. The rise of subscription boxes and same-day delivery has transformed retail in recent years," Anil Malhotra, Bango CMO, said in the press release.