This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Why You Can Get (Nearly) Anything by Subscription Now

"Each month, the club features a small family winery from California. This winery will probably only produce 5,000 to 10,000 cases each year, and with the majority of its wine being sold only in the area in which it's produced, our customers will almost certainly not have seen it before," Boring says.

Although Boring will be the first to tell you that this "trend" of subscription products is nothing new, he says the industry still has room for growth as long as the quality of the products stays high.

At $38.95 per month plus $13 for shipping and handling costs, membership in The California Wine Club isn't cheap, but Boring says that his 15,000 customers are busy people that simply don't have time to spend in stores selecting a wine, then lugging bottles back home.

"No question there is a time savings, and the convenience factor is what we hear the most from our customers when they call," Boring says.

At NatureBox, a subscription-based provider of all-natural gourmet snacks such as chipotle maple almonds and cherry ganache granola, CEO and co-founder Gautam Gupta says that the majority of his customers are moms, and many of them live in suburban or rural areas with limited access to health food stores.

"NatureBox gives them a way to provide their kids with healthy, convenient snack options without having to drive to the nearest natural foods store," Gupta says, adding that his company will ship more than 1 million boxes this year.

It may seem like you can subscribe to just about everything these days, but new companies are launching every day. On Aug. 5, New York City craft emporium M&J Trimming will launch a DIY subscription box called "Project DIY." The $30 box will contain everything needed to create two or three accessory items, including materials and trims and step-by-step instructions.

David Cohen, senior vice president for M&J Trimming, says Project DIY will cater to all crafty fashion designers, and there's an added benefit to fashionistas on a budget.

"Subscribers will receive exactly what is needed to create each accessory," Cohen says. "They will not have to worry about store minimums such as having to purchase a yard of leather rope when you only need a foot, or being required to purchase 30 small jump rings when you only need one. So not only are you saving money, but you are also not left with excess materials."

Marks-McGee says that if you're dying to find a box on your doorstep, but you can't find what you're looking for today, just keep an eye out.

"There will be 10,000 others on the market in a few years that offer vegan food, chemical-free hair products, gluten free snacks and more," she says. "This is just the beginning."
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
AAPL $126.00 -0.35%
FB $87.55 0.30%
GOOG $522.86 -0.10%
TSLA $279.72 -0.11%
YHOO $38.61 -1.96%

Markets

DOW 17,683.58 -46.53 -0.26%
S&P 500 2,068.76 -8.02 -0.39%
NASDAQ 4,991.94 -17.2740 -0.34%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs