Telcos ranked as the “best partners” for subscription brands
November 05 2024 - 3:00AM
Following the rise of subscription bundling in 2024, a new peer
report from Bango (AIM:BGO) reveals a clear consensus among ten of
the world’s leading subscription brands — telcos are the ideal
partners to lead the bundling market opportunity.
One of the 20 key insights from the newly released Bango report
Super Bundling: Inside secrets is that senior executives at the
world’s leading subscription providers universally believe their
brands and telcos can mutually benefit from partnering with one
another. For subscription services, telcos offer massive reach and
ease of payments. Meanwhile, telcos gain opportunities to reduce
churn, increase customer loyalty, and enhance their service
offerings by bundling popular subscription services.
Commenting on the report, Paul Larbey, CEO at Bango said, “As
the subscription economy continues to grow at speed, telcos are
uniquely positioned to seize the rising demand for Super Bundling.
Subscription brands recognise that the extensive subscriber bases
and simple, reliable payment experience offered by telcos makes
them the perfect bundling partner.
“Telcos have a golden opportunity to lead on creating content
hubs that not only meet consumer demand, but also drive significant
growth opportunities for subscription services. For any telco not
yet growing its subscriptions business, Super Bundling should be an
urgent priority for 2025.”
In the Inside secrets peer report, Bango draws on in-depth
interviews with senior executives at leading subscriptions brands —
including three of the ‘top-five’ SVOD platforms, a leading music
streaming service, a leading wellbeing app, and a top-five
productivity app — to uncover their attitudes to bundling as a
growth strategy and their interest in partnerships with telcos.
Telcos poised to lead the Super Bundling
market
As part of the report, Bango also reveals that consumer demand
for telcos to lead on Super Bundling is not limited to one region
but is truly global. In Europe, 46% of consumers want their mobile
operator to offer Super Bundling — this number rises to 50% in the
Americas and 55% in Latin America. Demand is highest in East Asia,
where 66% of consumers want their mobile operator to lead on Super
Bundling.
The report explores how, as subscribers increasingly seek a
point of access for their subscriptions, telcos are well positioned
to lead due to their established relationships, billing
infrastructure, and technical capabilities.
According to one senior executive from a top-three SVOD
platform, “Telcos are one of the best partners for streaming
companies. The core benefits of partnering with telcos are reach,
user acquisition, and low friction when it comes to payments.”
Building a successful partnership
Super Bundling: Inside secrets shares a comprehensive roadmap
for telcos to keep in mind when embarking on Super Bundling and the
creation of a content hub. By emphasising the importance of careful
planning and smart collaboration, the report demonstrates how
telcos can create seamless integration, effective marketing, and
deliver an excellent user experience for subscription
providers.
To learn more about the opportunity for telcos in Super
Bundling, download the full Super Bundling: Inside secrets
report.
About BangoBango enables content providers to
reach more paying customers through global partnerships. Bango
revolutionized the monetization of digital content and services, by
opening-up online payments to mobile phone users worldwide. Today,
the Digital Vending Machine® is driving the rapid growth of the
subscriptions economy, powering choice and control for
subscribers.
The world's largest content providers, including Amazon, Google
and Microsoft, trust Bango technology to reach subscribers
everywhere.
Bango, where people subscribe. For more information, visit
www.bango.com
Media contactsHenry Soundy / Trisha
Bahlbango@wildfirepr.com
Bango (LSE:BGO)
Historical Stock Chart
From Oct 2024 to Nov 2024
Bango (LSE:BGO)
Historical Stock Chart
From Nov 2023 to Nov 2024