NEW YORK--(BUSINESS WIRE)--Ordergroove, the leader in subscription solutions for retailers and direct-to-consumer brands, and Wrist Mafia, the premier subscription brand for fashionable and affordable wristwatches, today released a joint case study. In it, the brands detail how Wrist Mafia boosted its subscriber base by over 60% and subscriber lifetime value (LTV) by 100% after migrating its subscription experience to Ordergroove.
Wrist Mafia tapped Ordergroove to power its subscription experience because Ordergroove’s industry-leading platform fully integrates with Shopify, enabling a seamless subscriber enrollment experience that drives conversions by reducing checkout times. Another vital component of Wrist Mafia’s decision was Ordergroove’s easy-to-manage prepaid subscription technology, which offers consumers the ability to prepay up-front for longer-term subscriptions. With customer acquisition costs on the rise, prepaid subscriptions are growing in popularity among e-commerce and retail brands because they have a higher LTV than pay-as-you-go subscriptions.
Wrist Mafia saw immediate success after launching with Ordergroove. The wristwatch brand’s subscriber acquisition rate increased by 15% one week after migrating. After three months, Wrist Mafia’s subscriber base grew by 63%. In addition, the LTV of Wrist Mafia subscribers enrolled in a prepaid, six-month subscription is 100% greater than subscribers enrolled in a pay-as-you-go subscription.
“With customer acquisition costs skyrocketing, we needed to get the most out of every opportunity to gain a subscriber,” said Wrist Mafia Co-Founder Johnny Brown. “Ordergroove’s subscription platform gives shoppers the seamless checkout experience they crave, ensuring we aren’t throwing money away on a poor user experience.”
“Wrist Mafia’s growth is phenomenal, and their subscriptions are a blueprint to succeed in today’s challenging e-commerce environment,” said Greg Alvo, CEO and founder of Ordergroove. “They understand a frictionless subscriber experience paired with prepaid subscriptions drives higher customer lifetime value. We can’t wait to help all of our customers achieve the same success.”
About Ordergroove
Ordergroove enables subscription and membership experiences for the world’s largest and most innovative retailers, including L’Oréal, Dollar Shave Club, IL MAKIAGE, La Colombe Coffee, Bonafide Health and The Honest Company. As a market leader in subscription technology, the company’s proprietary Relationship Commerce platform is shifting consumer interactions from one-and-done transactions to frictionless and highly profitable recurring relationships. Ordergroove technology uses artificial intelligence, analytics, and unmatched consumer expertise to empower top brands to transform their commerce experiences while making their consumers’ lives easier. To learn more, visit Ordergroove.com.
About Wrist Mafia
Wrist Mafia believes everyone should have access to the trendiest watches without emptying their wallets. Founded in 2017, Wrist Mafia partners with popular brands like Timecraft and Maestro to send subscribers a high-quality mystery watch on a monthly basis. To learn more, visit Wristmafia.com.