Wix Results Presentation Deck
Based on the historical behavior of our user cohorts, we approximate that for
each 100K new premium subscriptions, we will generate over $165 million over
eight years, at an 80% gross margin and with minimal marketing investment.
We believe these consistent improvements in conversion and retention
demonstrate the continued advancement of our product offering,
efficiency of our marketing investment and strengthening of our brand.
During the quarter, 67% of gross subscriptions were annual or longer in term
while 33% were monthly. As of the end of the second quarter, 82% of all
subscriptions were annual or longer in term. The new cohort generated 39% of
gross subscriptions in the quarter while existing cohorts comprised 61% of
gross subscriptions. These ratios were all consistent with prior quarters'
behaviors.
Wix.com
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% Gross New Subscriptions by Cohort
59%
41%
63%
65%
37%
35%
60% 62%
40%
Prior User Cohorts
67%
33%
Q1'17 Q2'17 Q3'17 Q4'17 Q1'18 Q2'18
38%
64%
% Gross New Subscriptions by Package Duration
68% 67% 67%
36%
59%
41%
61%
39%
Q1'17 Q2'17 Q3'17 Q4'17
1 Year or Longer
Current User Cohort
32% 33% 33%
Q1'18 Q2'18
MonthlyView entire presentation