No Subscription Fees....Ever!

In today's world, the era of mobile phones, there are over 3.09 million apps on the Google Play Store and over 2.09 million on Apple's App Store, totalling over 5 million apps, according to Statista.

The average number of apps per user on a mobile phone is 80, and the younger the user, the more apps they have. Imagine how challenging it would be to manage subscriptions for all these apps when they're no longer needed. And it's not just apps—there are also other web-based subscription services.

I have no doubt that many customers are familiar with that dreadful feeling of a sudden debit from their card that they completely forgot about.

A survey found that 42% of consumers have forgotten and are still paying for subscriptions they no longer use.

According to CS research:

On average, consumers initially estimated they spent $86 per month on subscription services. But upon closer examination of their expenses, the average monthly spend was more than 2.5 times that amount, at $219—a whopping $133 higher than their original estimate. Almost one-third (30%) of people underestimated by $100 to $199, and nearly a quarter each underestimated by less than $25, $25-$99, and $200 or more.

This means that, on average, a user spends approximately $2628 per year on forgotten subscription services.

Chippit, as a customer-centric company, we pride ourselves on succeeding by helping our customers succeed. Taking shortcuts at the customer's expense does not align with our foundational principles. While we may not always be right and are open to customer feedback as we grow, you can trust that all our judgments and decisions will be made from a customer-first perspective.

We might even consider launching a feature in our app: the anti-SaaS—helping you cancel all unused subscriptions.

Stay tuned.

Eli Muse.