Adding value beyond the product: Service components in recurring commerce

Service components add value beyond core products and services. From personalized recommendations and customer support to seamless billing and payment systems and delivery options, these elements make for memorable e-commerce experiences.
Deidre Olsen
July 30, 2024

Anyone can dish up a plate of pasta, but not every serving is created equal. For a refined palate, it takes high-quality ingredients, fresh herbs, and special garnishes to make the meal one for the history books. With a burst of flavor, you can leave a great taste in people’s mouths. 

And it’s not only the dish but the entire dining experience. It’s which beverages are paired with which meal. It is the ambiance in the restaurant—the decor, the music, and the lighting. It’s the complimentary bread and thoughtful table settings. It’s the attentive and friendly service that makes you feel special. Everything comes together to entertain and delight.

The same is true for service components, which add value beyond products. These include everything from personalized recommendations and customer support to seamless billing and payment systems and delivery options. All of these elements come together to make an e-commerce experience exceptional.

Once upon a time, the merit of a product alone was enough to captivate consumers. Now, people expect merchants to demonstrate value on top of products before purchasing. Today, people are more selective about where and how they spend their money, choosing to invest in entire experiences rather than standalone items. 

Service components provide differentiation in a competitive market

In the past, one-time purchases were the status quo. These days, the subscription economy is booming. With recurring commerce, merchants provide products and services to customers regularly, whether weekly, monthly, or annually. On this recurring basis, people enjoy consistent deliveries and experiences over time. The shift towards subscriptions demonstrates that consumers prefer convenience and ongoing value.

A great way for merchants to create more value for existing and prospective customers is through service components. With an emphasis on these additional layers of value, they can improve their offerings and build deeper connections with customers. In a competitive market, these service components differentiate merchants, adding unique benefits that go beyond the core product or service.

In a restaurant context, even if the food is fabulous, poor service might decrease the value of the overall experience for a patron. The inverse is true: top-notch service makes people want to keep coming back. People will go on to tell their friends, families, and colleagues about their dining adventures. This can lead to repeat visits and positive word-of-mouth reviews. Altogether, the value added to the core product, in this case, the menu, yields greater business success.

For e-commerce, this means the entire customer journey is wonderful from start to finish. Whether they’re enjoying easy website navigation, an efficient checkout process, or high-quality customer support, every touchpoint should deliver extra value.

Service components add value across the customer journey

Merchants that deliver value across the entire customer journey are setting themselves up for success. From start to finish, this means ensuring everything is seamless, harmonized, and personalized. For a competitive edge, merchants can ensure that every individual feels seen, valued, and heard.

Preferences range significantly from person to person, even among those who share certain similarities. While one vegan might want a pasta dish with plant-based meatballs that resemble the texture and taste of meat, this might repel another. As everyone is different and has unique tastes, personalization is imperative.

To meet individual preferences, a merchant offering meal plans can build out a customized meal plan. Additionally, they can provide customers with the option to personalize their selection themselves. Not having to worry about or fuss over the recipes, the process of receiving products becomes more satisfying and fulfilling.

Pretty much everybody recalls a nightmare situation where they’ve struggled to cancel their membership. The process of managing subscriptions or delivery options shouldn’t make people want to rip out their hair. Instead, accessible, user-friendly platforms should remove the hassle and add relief. This means enabling people to pause, cancel, or upgrade their subscriptions as well as modify orders and delivery schedules.

When coupled with a flexible, convenient, and easy-to-use platform, high-quality customer support makes a world of a difference. Many people have also faced challenges resolving an issue, unable to get in contact with someone who can truly help. When customers can reach representatives who are responsive and available via multiple channels, whether through social media, email, phone, or live chat, they have a greater overall experience.

The customer relationship always benefits from multiple touchpoints. This can happen through customer support alongside regular updates, feedback requests, and personalized offers. All of these interactions not only help build and maintain relationships but also demonstrate that merchants are attentive to customer needs.

Added value can be established through the provision of unique perks and benefits that customers cannot find elsewhere. These can include members-only content, special discounts, and early access to new products and services. Perhaps, a celebrity chef shares a gourmet recipe as a perk for a higher-tier meal plan subscription. Or subscribers receive a complimentary bottle of recently released artisan olive oil. In either scenario, service components add value to the products themselves.

As far as platforms go, merchants can offer expert consultations, installation services, or ongoing maintenance, all of which can add significant value to products. Additionally, a platform for recurring commerce can integrate advanced tracking systems, interactive interfaces, and other cutting-edge technologies. Combined, these features improve the overall customer experience.

Our recurring commerce platform champions service components

Firmhouse is shifting commerce for good. Our recurring commerce platform champions service components, ensuring merchants can add value to products and services. We push forward Product-as-a-Service, which enables merchants to ship recurring replenishables as part of subscriptions. 

With Firmhouse, merchants can deliver personalized subscriptions and seamless user experiences to customers. People can enjoy automatic shipment schedules to regularly receive products without manual intervention. Customers can choose to have their subscription fulfilled daily, weekly, monthly, or yearly. Following this, orders are automatically generated on the scheduled shipment date.

Not only this but Firmhouse can accommodate individual user preferences. While some people might prefer weekly deliveries, others might opt for monthly shipments. Additionally, smart upcoming shipment notifications help people stay informed about their next order, enabling them to prepare for it or make adjustments as needed.

On top of shipping schedules, Firmhouse automates invoices and payments. Based on a specific subscription model, recurring invoices and charges are automatically generated. Service components like automatic shipment generation, two-step return logistics, and track and trace notifications keep customers engaged and satisfied.

Ready to take advantage of service components and add value to every product? Book a demo today.

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