Residual income capture with recurring payments
Can you guarantee how much money this month your store is going to make? You could do exactly that if you provided subscription-based products.
You can build and manage goods with recurring payments with WooCommerce Subscriptions, payments that will give you residual revenue you can track and rely on.
WooCommerce Subscriptions allow you to introduce a number of physical or virtual product and service subscriptions. Develop product-of-the-month clubs, weekly subscriptions for services or even annual billing packages for apps. Add sign-up fees, give free trials, or set times of expiration.
You will capture more residual revenue with a subscription-based model, and all you have to do is ship the orders.
Why Use Subscriptions from WooCommerce?
Different billing schedules to meet the needs of your store
Integration for automated recurring payments with over 25 payment gateways
Supports manual renewal payments, along with automated email invoices and receipts through any WooCommerce payment gateway.
Supports automatic rebilling on missed payments for subscriptions, so you never lose income
Give subscribers the freedom to control their own package, including upgrading or downgrading, without having to wait for assistance from you.
Automatic emails and built-in renewal reminders let you and your customers know when subscription payments have been processed, so there are never any surprises.
Detailed reports allow you to control recurring profits, the number of active subscribers, and more.
Features WooCommerce Subscriptions
Free Trials & Fees for Sign-up
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Pay an initial sum by applying sign-up fees and free trials to every subscription product to account for customer setup costs, or encourage consumers to try before they purchase.
Control of Subscriptions
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Through the WooCommerce > Edit Subscription administration screen, store owners get full-featured subscription management. You may suspend or cancel a subscription, alter the expiration of the trial, add to the subscription products, delivery, fees or taxes or adjust the recurring amount for future payments.
Payments Coordinated
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You can use the renewal synchronization feature of WooCommerce Subscriptions if you just want to ship on certain days of the month, or match all clients with the same annual membership word. Even the first charge of a synchronized subscription purchase may be prorated.
Flexible Choices for Goods
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You may make the product downloadable, virtual or physical, charge renewal payments regularly, monthly or annually, limit the product to one-per-customer and even charge delivery only on the initial order when making a subscription product.
Coupons for Subscriptions
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Give a discount on their recurring fees to clients or only the sign-up fee. Subscriptions include both annual discount coupons and coupons for sign-up payments.
Subscriptions to Vector
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Develop products for variable subscriptions and allow your clients to choose a subscription that fits their needs. You may also encourage clients to select their own schedule for billing.
Account Control Subscriber
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Your clients can handle their own subscriptions as well. Subscribers may suspend or cancel a subscription, change the shipping address or payment method for future renewals, and upgrade or downgrade their subscription via the My Account > View Subscription tab.
Downgrades/Upgrades
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Enable clients to upgrade, downgrade or cross-grade between different products for subscription. You can also tailor the costs of converting to a new subscription product to suit the needs of your store with flexible proration options for the recurring amount, subscription fee and duration.
Several Subscriptions
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In the same transaction, the customers can also buy numerous subscription items and Subscriptions group the products to minimize payment gateway fees and administrative overhead for potential renewals.
Emails from the Consumer
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Notify customers automatically when a subscription renewal payment is processed, a subscription is canceled or a subscription with built-in subscription emails has expired.
More Residual Sales Capture
If your aim is to send a surprise package of items every month to loyal customers or to bill them for your small business’s in-person operation, WooCommerce Subscriptions will take the stress out of collecting the all-important residual revenue.
When they are billed, you will be able to monitor how many subscribers you have and how much money you receive, meaning you can now know how much revenue your store will rely on as you continue to expand.
How to Make a Start
Purchase this extension
In your WooCommerce shop, download, install, and trigger the plugin
Set up the first product or service based on subscription and take it live
To help you customize your subscription items, renewal plans and more, check out our comprehensive documentation.
Sit down and enjoy making more money!
Want a reason to buy some more? Subscriptions are developed by Prospress, a leading developer of WooCommerce.com Extension, so you can trust that first-class support is backed up with high-quality code.
