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1. recurly.com › press › recurly-releases-its-2024Recurly's 2024 State of Subscriptions Report | Recurly

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   Jan 23, 2024 · SAN FRANCISCO – January 23, 2024 – Recurly, a leading subscription management and billing platform, today announced the release of its highly anticipated 2024 State of Subscriptions report. Drawing on data across millions of subscribers and billions of transactions, this report reveals benchmarks and trends and then pairs them with best practices to help subscription businesses drive ...

   • 2024 State of Subscriptions: An In-depth Analysis | Recurly

     According to the State of Subscriptions report, the overall...

   • 2024 Trends and Benchmarks For Subscription Businesses | Recurly

     To better understand what the future of subscription...

2. recurly.com › blog › state-of-subscriptions2024 State of Subscriptions: An In-depth Analysis | Recurly

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   Feb 1, 2024 · According to the State of Subscriptions report, the overall churn rate across industries stays consistent year-over-year at 4.1%. In the Digital Media and Entertainment industry, the churn rate has decreased from 8.7% (2022) to 6.9% (2023). As subscriptions rise in popularity, the total number of subscribers leaving streaming services will rise ...

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4. www.prnewswire.com › news-releases › recurlyRecurly Releases its 2024 State of Subscriptions Report

   www.prnewswire.com › news-releases › recurly

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   Jan 23, 2024 · SAN FRANCISCO, Jan. 23, 2024 /PRNewswire/ -- Recurly, a leading subscription management and billing platform, today announced the release of its highly anticipated 2024 State of Subscriptions ...

5. recurly.com › blog › state-of-subscriptions-report2024 Trends and Benchmarks For Subscription Businesses | Recurly

   recurly.com › blog › state-of-subscriptions-report

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   To better understand what the future of subscription programs looks like, Recurly’s State of Subscriptions report draws data from over 2,200 subscription brands and more than 58 million subscribers to uncover the latest benchmarks and trends while delving into the shifts in customer experience, technology, and market dynamics that will shape the industry in 2024.

6. s3.amazonaws.com › media › uploadsThe 2024 State of Subscriptions - Amazon Web Services, Inc.

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   The 2024 State of Subscriptions recurly.com | 10 Plan customization In 2023, 28.1% of Recurly merchants offered add-on options to allow subscribers to personalize their subscriptions, resulting in $2.2 billion in incremental revenue from such customizations. Since 2020, 45.5% more merchants have adopted

7. finance.yahoo.com › news › recurly-releases-2024Recurly Releases its 2024 State of Subscriptions Report

   finance.yahoo.com › news › recurly-releases-2024

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   Jan 23, 2024 · Recurly, a leading subscription management and billing platform, today announced the release of its highly anticipated 2024 State of Subscriptions report. Drawing on data across millions of ...

8. People also ask

   What is the 2024 state of subscriptions report?

   • The findings–included in our 2024 State of Subscriptions report –discuss exclusive benchmarks of over 58 million unique subscribers and 2,200 global brands, including Paramount+, Sling TV, FabFitFun, Sprout Social, and more. Let’s walk through the event's highlights. You can also watch the 2024 State of Subscriptions virtual event on demand here.

   2024 State of Subscriptions: An In-depth Analysis | Recurly

   recurly.com/blog/state-of-subscriptions-benchmarks-and-trends-virtual-event/

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   What is the formula for the state of subscriptions report?

   • The formula is the number of new customers acquired in a given month divided by the total number of existing customers in that same month. Does the State of Subscriptions report and webinar include U.S. data only or global data? The State of Subscriptions report and webinar share data from Recurly customers worldwide.

   2024 State of Subscriptions: An In-depth Analysis | Recurly

   recurly.com/blog/state-of-subscriptions-benchmarks-and-trends-virtual-event/

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   Does Recurly have industry-specific metrics?

   • Recurly is working on collecting data to report on annual and monthly subscription benchmarks and trends–stay tuned! Do you have industry-specific metrics? Yes. We are working on industry highlights for Media (Digital Media & Entertainment and Publishing industries), Software/SaaS, and Business & Professional Services.

   2024 State of Subscriptions: An In-depth Analysis | Recurly

   recurly.com/blog/state-of-subscriptions-benchmarks-and-trends-virtual-event/

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   Why do Recurly customers need add-ons?

   • Additionally, as customization becomes a necessity, add-ons become an essential part of personalized offers. 28.1% Recurly customers offered add-on options to let customers personalize their subscriptions, resulting in $2.2 billion in incremental revenue. Acquisition has always been one of the main goals for subscription-based businesses.

   2024 Trends and benchmarks for subscription businesses - Recurly, Inc

   recurly.com/blog/state-of-subscriptions-report-chapter-breakout/

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   Why do Recurly merchants use free trials?

   • Free trials play an important role in that “first date” with customers, as they can test subscription products before buying. In fact, Recurly merchants acquired 50.0% of subscribers through trials –making it one of the most effective customer acquisition strategies.

   2024 Trends and benchmarks for subscription businesses - Recurly, Inc

   recurly.com/blog/state-of-subscriptions-report-chapter-breakout/

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   Are subscription businesses focusing more on retention?

   • Acquisition has always been one of the main goals for subscription-based businesses. However, as subscriber bases grow, sustaining the same growth rate becomes difficult. In response, subscription businesses are focusing more on retention by aligning their strategies with evolving consumer preferences.

   2024 Trends and benchmarks for subscription businesses - Recurly, Inc

   recurly.com/blog/state-of-subscriptions-report-chapter-breakout/

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9. www.marketwatch.com › press-release › recurlyRecurly Releases its 2024 State of Subscriptions Report

   www.marketwatch.com › press-release › recurly

   Recurly Releases its 2024 State of Subscriptions Report PR Newswire SAN FRANCISCO, Jan. 23, 2024 Essential benchmarks and trends for consumer subscription...