Subscription Box Trends For 2020

Introduction

Subscription boxes are leading gifting experiences for families worldwide. The industry is booming with hundreds of subscription boxes to choose from. You can get exciting best subscription boxes Canada for different occasions such as kids birthdays, gifts for your dad, meal boxes, anniversary and so much more at affordable prices.

Subscription box service facts

Subscription boxes are booming at 100% growth every year. Global sales are nearly $2.6 billion which was nearly $57 million in 2011. More than 7000 subscription boxes companies are operating worldwide with 70% of the subscription boxes originating from the US. Gartner, the global research and advisory company says that by 2023, 75% of companies selling directly to customer will offer some type of subscription based service.

Trend #1: Experience will rule

As per McKinsey, customers are expecting desirable end to end experiences and are committed to best subscription boxes Canada services where the recurring benefits like personalization and reduced costs are part of the subscription. The definition of the experience is defined by the customer and for subscription boxes it is important for them to understand their customers unique needs and desires.

Trend #2: Men will order more subscriptions

McKinsey discovered that men between the ages of 25-44 with income levels between $50,000-$100,000 are likely to order a subscription box. They also found women make up more than 60% of subscription box subscribers while men make up 42% of subscribers.  Men will likely order 3 subscriptions such as Barkbox, Dollar Shave Club and Harry's. As per a survey, more than 30.6% of men sign up for subscription box services as compared to 24.3% of women.

Trend #3: Traditional retailers will continue to venture more into subscription boxes

Wal-Mart and Target have decided to dive into women make-up beauty box subscriptions. Subscription boxes can provide a lifeline to the struggling retailers and can become major players in the business. Amazon alone has decided to start 18 different types of subscription boxes.

Trend #4: Quality will win over quantity

Subscription box subscribers want personalization for best subscription boxes Canada. For a great box less is better as too many products can reduce interest in and result in a consumer cancelling the subscription box for what they don’t want.  On one hand, offering multiple products in a subscription box is suitable for indecisive people but overall quality is the prime concern for customers.

Trend #5: Niche products will continue to reign

Niche products such as coffee, tea or comic books are in much demand for consumers and account for about 15 % of the total market size. Niche products such as lingerie, hosiery and period boxes account larger than fashion and clothing.

Trend #6: Personalization will be the king

As per McKinsey, 3 subscription boxes will remain on the top:

Replenishment: These types of subscription boxes offer ready products such as Billie a female shaving company.

Curation: these boxes are personalized and offer customized products based on customer preferences such as Birchbox. This is the most popular category of subscription boxes.

Access: These offers exclusive discounts and selection on products one would normally buy in a store, like products for your pets.

As per a report by McKinsey, 28% of respondents said personalization was the most important factor for selecting a subscription box.

Why We Love Subscription Boxes

Introduction

Subscription boxes are great for people who enjoy receiving packages in the mail and enjoy trying new products and activities. Subscription boxes vary by price, size and theme and come delivered in a box filled with surprise. There are thousands of Children’s subscription boxes Canada from which you can choose based on what best suits your child's interests.  

What attracts people to a subscription boxes:

Convenience

Some products you use on a regular basis like razors,  dog food and vitamins can be automatically delivered to your doorstep on a recurring schedule.  You can help your child have fun with various play-based activities like artwork and science with learning related subscription boxes delivered to your door monthly, quarterly or however the provider has set up.

Variety

The best monthly & quarterly subscription boxes come with a variety of products to sample.  Some offer full size products like make-up, books, snacks, while others offer sample sizes like baby hygiene products or men’s accessories.  Boxes filled with unique items you would have never have bought or unable to find in your local store are the best.

Personalization

The best thing about Children’s subscription boxes Canada is that you can choose a box based on the age and gender of your child or a box based on their likes (such as clothing, crafts or science experiments). Customers looking for quality products with personalization options can subscribe to different brands of products at affordable rates.

Why we stay subscribed

Customers who enjoy surprise, ease of shopping online and who love trying new products usually stay subscribed to subscription boxes.  Subscription boxes offered at affordable prices with a  great unboxing experience tend to keep customers longer. We stay subscribed because we love the convenience, variety, personalization and feeling receiving our box in the mail provides. 

Are they truly worth the price?

Customers who have less time to shop in stores or seek out the products they desire tend to find subscription boxes worth the price.  Customers who like to try new products or be surprised also find these purchases worth the price and recurring charge.

Excellent Subscription Boxes for Kids In 2020

Introduction

Subscription boxes are themed for kids and shipped either monthly or quarterly. There are various options for kid subscription box Canada such as preschool preparation, reading, science, nature, art, engineering, design and technology, crafting and toys. Different niche boxes are available so you can meet your child's needs and interests.

Compass Crate

Compass crate kid box subscription is a nature-based theme activity box for your child to have fun exploring learning about the world around them. One of the options is a bird and migration themed box that includes a bird feeder craft, migration prints, bird call activity and a collection pin. This box is for kids who love to explore and learn with nature based activities.

MyEduCrate

This kid box subscription is related to education and is suitable for kids 6-11 years old. This box includes learning challenges, education material and resources chosen by certified teachers and provides surprising educational themes that will inspire, engage, and entertain the growing minds of children.

Little Loving Hand Box

This box teaches kids about helping and giving to others. It focuses on an issue and provides a craft item for kids to create and donate. The boxes include children in military families, homeless shelters and children who require hospitalization. Besides just the craft material and instructions, information about giving is provided so you engage with your child to make amazing crafts that give back to an organization in need.

Preschool Box

The preschool box is created for kindergarten and preschool age children. This kid subscription box Canada helps your child  learn about numbers, colours and alphabets. Also included is a parents guide to show how to teach your kids and practice the exercises. The box is meant for one child but a box with material for 2 kids can be made available for a good discount.

What are the Unique Advantages of Subscription Boxes

The main advantage of subscription boxes for most people is the fun factor that is associated with it. As per experts, it is the psychology of the human mind that looks for the suspense in each month’s subscription boxes is what makes the subscription boxes so popular. Kid subscription box Canada is also highly popular to kids and parents for the expectation of fun in the boxes that creates an adrenaline rush.  

There are many perks associated with subscription boxes and a few are described as follows: 

They offer custom picked items: 

There are many subscription boxes where the items are chosen each month specifically designed for you. The items are picked based on the needs of people and their preferences. When people know that the subscription box items are specifically chosen by their preference, it further increases the thrill of opening the box every time it is received in the mail.

Highly convenient:

When you have items delivered to you every month automatically, it can save a lot of time for you. You can select the subscription service for annual or seasonal subscription as per your convenience and can experience a surprise with your kids and family.

It is a means of saving:

It is often cheaper to get the items delivered in a subscription box than buying the items separately. Moreover, when you make a subscription for annual or seasonal subscription boxes, you can enjoy a further discount that can make the cost of items even lower. Thus, you can get a set of exciting items that kids will enjoy at a much lower cost, without having to drive to the store, all while saving money.

Discovery of new items:

One of the most interesting features of Kid box subscription is that you can discover a new toy or product that you might not have seen before. It is the joy of discovering a completely new product that makes a subscription box so unique.