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Recurring Habits: Recurring Revenue is Stronger Than Ever Before

Recurring revenue is stronger than ever before. RECURRING HABITS You may not realize it, but recurring revenue business models go far beyond "traditional" subscriptions, such as monthly magazine subscriptions or "in-a-box" club memberships- and as a result, companies are profiting from it like never before. Here's a closer look at how that translates to the individual consumer. DIDYOUKNOW? $857m The average consumer spends $857 in monthly subscriptions? /mo. AVERAGE MONTHLY SUBSCRIPTION STATS 3% $25 HOMEOWNER'S/ RENTER'S INSURANCE PHONE 4 $30 ROADSIDE ASSISTANCE LANDLINE 10% 83 MEDIA 15% $125 CAR INSURANCE 1370 18% $158 ) GELL PHONE/ DATA PLAN 23% $197 UTILITIES J/0 26% $222 HEALTH INSURANCE MORE CUSTOMERS MORE REVENUES 226 MILLION ADULT U.S. CONSUMERS 47% T OF U.S. BUSINESSES provide a significant financial impact, and are increasingly embracing online subscription models. have adopted or are considering adopting a recurring revenue business model. $1.98B BLACKFRIDAY This is evidenced in the rapid growth of Cyber Monday, for one. In 2012, consumers spent $1.98 billion on Cyber Monday - a 17% increase over 2011. Comparatively, U.S. consumers spent $1.3 billion on Black Friday. 17% 2011 2012 aria To learn more, visit: Sources: – Incyte Ressarch p/ html -you-aro-paying-too-much-for-car-insurance/ net/2012/08/dont-wasto-your-money-on-aaa-four-options-for-free-or-low-cost-roadside-sssistance-for-your-family United_States_home_phone_bill

Recurring Habits: Recurring Revenue is Stronger Than Ever Before

shared by AriaSystemsInc on Aug 28
47% of Businesses are Jumping on the Recurring Revenue Bandwagon $857/month is what an average American spends on recurring products and services.




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