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Comment on UK businesses buy into growth opportunities of subscription services by Helen Daniels
['Tom Ross-Joannou']
Comments for Post & Parcel
Six in ten subscription box businesses intend to invest in new or existing subscriptions services in the next year, according to a report commissioned by Royal Mail.
Over half (52% ) of businesses agree that subscriptions are set to be a major focus of their company in the future.
Subscription box businesses see a return on investment relatively quickly, with 62 % achieving this within three months of a customer being signed up to a service.
A spokesperson from Royal Mail said “UK businesses are really buying into the growth opportunities that subscription services can deliver.
Driving greater brand loyalty is a key motivation for launching subscription box services and we are also seeing lots of international opportunities for subscription businesses.
['businesses'
'royal'
'buy'
'greater'
'subscription'
'growth'
'services'
'subscriptions'
'mail'
'uk'
'box'
'opportunities'
'key']