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The booming business of subscription box services - WTHR Posted: 02 Jan 2020 01:33 AM PST INDIANAPOLIS (WTHR) — When it comes to subscription box services, think billions of dollars in business! More than 7,000 services now exist, and that estimate is actually on the low end. In case you're not familiar with the concept just yet, here's a little explanation on how it works: companies let you order online — anything from clothing to dog treats — and deliver them to your doorstep on a typical monthly schedule. Stitch Fix is huge. It became a thing in 2011 and is still one of the most popular personal styling services out there with 3.2 million subscribers. Stitch Fix says it's not a subscription service, but it still sits at the top when you do a quick Google search for "Top Subscription Boxes 2019." Here's how it works:
Stitch Fix started as a service for women only but has since expanded to men, plus sizes and kids. According to Zuora, the subscription economy has grown more than 300 percent in the last seven years, and more of the places you shop at are expected to get in on this too. There's an expectation that more men will get on board with subscription services, specifically for grooming. Dollar Shave Club and Harry's are both popular options, with introductory prices beginning at $5 and $8, respectively. The Queen of Free says you can save a ton! Suggested LinksCompanies are also coming up with more and more subscriptions for kids:
These make great, last-minute gifts, so if you're struggling to come up with an idea for a birthday gift, you might want to check out one of these. As for the fitness fanatics out there, there are hundreds of boxes out there focused on healthy living:
Always check to see if the company offers first-time subscriber pricing. |
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