No doubt, over the past couple of years e-commerce has completely transformed how individuals buy and sell. The web has offered people a fast and easy way to buy things without the need to visit an actual store. In fact, online shopping is so popular these days such that many retailers are operating entirely online with no physical location.
To captivate the audience further, and to boost sales, online retailers have introduced subscription-based sites that are sometimes called subcoms for short. In basic terms, this is a business model where subscribers pay a flat monthly fee to receive a service or products each month. Subcoms usually aim at targeting a customer niche. There are numerous reasons why this form of ECommerce is working. Among these are that they make the process as easy as possible for their customers, the shipping process is painless and for the businesses it allows easy revenue forecasting.
Here are some of the fastest growing Subscription ECommerce companies that are experiencing growth today.
Claiming over 400,000 subscribers, Birchbox is one of the fastest advancing subscription based companies you can find online. It is redefining the retail process by striving to offer consumers a personalized and unique way to learn about, discover, shop and use the best grooming, beauty and lifestyle products available on the market.
Birchbox first opened its doors on September 2010 with its headquarters in New York, focusing on women’s products. In just two years, it was able to expand to men’s products. It is now a global company catering to the international market, with business units in the UK, Spain and France. It has featured on major and reputable national publications such as The New York Times, USA Today and InStyle.
As the name suggests, this ECommerce subscription site focuses on women’s shoes. Ever since its establishment back in 2009, ShoeDazzle has aimed to offer a fresh way to spoil women who are passionate about fashion and lust for shoes. Their principle is that style is intensely personal and a way of life that should always be fun. With access to style inspiration, top trends and a killer service, millions of women rely on this site for a personalized fashion fix every month. Whatever your shoe style, you will find this site very useful.
Like Birchbox, this site focuses on beauty products. With a focus on providing a monthly supply of selection of hand-picked, editor tested products. Beautybar has done an excellent job to curate all the favorite specialist brands in a variety of products including skin, fragrance, hair and makeup products. You can also discover the trendiest beauty innovations and a perfect gift. The site keeps adding global premium brands to appeal to a global market.
Dollar Shave Club
This is one of the truest definitions of a subcom. As the name suggests, Dollar Shave Club focuses on shaving razors. It has a simple membership whereby you sign up by creating an account with your billing and shipping information, and selecting a razor. The site ships your handles and blades in your first order and then they ship and bill you replacement blades for the razor each month, which you can cancel any time you wish.
There you have it, some of the fastest growing online subscription companies. There are countless other subscription-based sites trying to mark on e-commerce, dealing with almost anything from clothes, food and household goods to beauty, fashion, accessories, gadgets and technology. The businesses can pride themselves in the knowledge that they are developing loyalty among their customers can rely on a stable income each month and predict sales for other purposes while consumers benefit by enjoying constant prices, a wide selection, and great offers.
The writer, Edrick Hypolite, is a freelance writer who has been studying e-commerce sites in the hopes of getting his own business off the ground someday, and is learning techniques to maximize revenue. To provide a safe and secure platform for subscription, he plans to head to http://fastspring.com as soon as he’s ready to get everything set up. To learn more about Edrick you can visit Google+.