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How the Subscription Box Industry has grown over the years?
Posted: Jun 11, 2018
Subscription box websites have been one of the top trending topics this year. With the rapid growth of the subscription box industry and new subscription box website emerging every other day, subscription boxes are what we see everywhere. These monthly boxes have become one of the most popular modes of shopping, mainly because it gives you the opportunity to relax at home and enjoy a specially curated box of luxurious products, delivered right to your doorstep. How it all started:
When we talk about the subscription box industry, we need to discuss the rapid growth it has seen over the years. While we have seen their soaring popularity in the market for the last couple years, they were introduced to the markets long before. Discovered it 2008, subscription boxes did not make much of a grand entry.
They remained on the lower end of the consumer scale for a couple of years and only in the recent past has the industry exploited its real potential. 2010 was the magical year which saw a lot of bigger names dipping their toe in the pool of subscription boxes and leading the industry to where it has reached today.
As of 2018, many young women entrepreneurs are looking for experienced subscription eCommerce companies to jump-start subscription box businesses.
Thanks to the Digital Era: One of the most vital reasons for the recent growth of the industry is the addition of social media and digital platforms. With most of our population staying online, the opportunity to influence your targeted customers is vast. Websites are using social media influencers, bloggers, vloggers, and more to promote and market their product. Think Differently to Stay Ahead Another significant change that the industry has seen is the category of products. Today, your success in this growing industry is wholly based on your creativity and your ability to provide some unique and much-needed service. While the business started in some favorite and cliched genres, today the subscription box industry boasts business in categories like beauty, food, apparel, lifestyle, pets, kids, stationeries, and so much more. Beauty and food have seen and especially explosive growth in the recent times.
Every millennial is looking to build a subscription box website, offering new, unique, and organic beauty products to their wide and extensive customer base. With the addition of health and sanitary products, books, jewellery, clothes, and more, there is hardly anything left that the subscription box industry is not catering.
Hi, I am Darleen from San Francisco City, United States. I am an active participant in the subscription box events nearby.