Study Insights: Best-in-class companies organize their subscription activities as a separate business within their organization
A survey of 140 consumer good companies finds that the best-in-class are laser-focused on managing customer relationships in a proactive way. The study finds they personalize and customize their offers based on market research and use omni-channel strategy to connect with customers across the entire customer journey. Best-in-class companies are focused on Customer Lifetime Value while the ‘Rest’ prioritize more short-term metrics such as profitability per order.[Boston, MA], [May 11, 2021] – As the pandemic drove consumers to shop online at unprecedented rates and interest in subscription