Create Your Recurring Income System With Products and Services Sold on a Subscription Basis
Subscription-based product sales allow you to collect predictable payments and track your revenue progress on a monthly basis.
Recently, subscription services have surpassed one-time purchases as the preferred method of doing business. This is true whether the service in question is software, a training course, a magazine, unlimited access to a library of useful resources (like Amazon Audible’s audio file library or stock photo websites), or a hosting service. However, this is not just limited to fitness centres, video games, libraries, advisory services (such as consulting or coaching), legal counsel, etc. It’s a tried-and-true method of doing business that works well for the vast majority of the goods and services on the market.
With YITH WooCommerce Membership, you can easily set up memberships for digital goods like video courses, monthly podcasts, etc., and provide paying customers with exclusive access.
It’s easier to persuade customers to buy after they’ve been able to test the benefits of your product on their own, and the trial mode will allow them to do so for free and for a limited time. In exchange, you can ask them to register in your shop, which will help you build a good mailing list.
Your clients will be reminded to activate or renew their subscriptions thanks to the reminder mechanism built into YITH WooCommerce Subscription.
WooCommerce Stripe Payment Gateway, WooCommerce Amazon Pay, WooCommerce eWay Gateway, WooCommerce Payments, and WooCommerce Redsys Gateway support automatic charges for renewal orders, as do PayPal standard, YITH PayPal Braintree, YITH WooCommerce Stripe Premium, YITH WooCommerce Stripe Connect Premium, YITH PayPal Express Checkout for WooCommerce, and YITH WooCommerce Account Funds Premium.
Use Product Variations to Create Different Subscription Plans
Create limitless subscription tiers for your product or service using product variants, and make it simple for people to move between them as their needs change. You get to decide what needs to happen, like whether or not the customer has to pay the difference between their current and new membership.
Allow Users to Switch, Pause or Cancel the Subscription Plan
Allow users to manage their subscriptions from a single location by giving them the option to pause their current plan, switching to a different plan, or cancelling their subscription altogether.
Set a Free Trial Period to Create a List of Customers and Push Them to Buy Later
You may enhance your conversion rate and the likelihood of a customer subscribing by offering them a free trial period during which they can try out your products or services risk-free.
Choose How to Handle Failed Payments and When to Suspend or Cancel a Subscription
You have the freedom to decide how to manage subscriptions with missed payments thanks to various flexible settings: Specify the notice period before suspension, and the grace period after suspension, before cancellation.
A Wide Range of E-mail Notifications for Admins and Customers
The administrator and the subscribers can both receive and send various email notifications thanks to this plugin. Users can be alerted many times about important events related to their subscriptions, such as their impending expiration, successful or failed payments, suspensions, and more.
A Gutenberg Block to Easily Create and Show Subscription Modules in Your Shop
Gutenberg’s “Subscription plan” block allows you to easily design bespoke forms to showcase your various subscription tiers with only a few mouse clicks. Colours, fonts, gradients, icons, and more may all be altered to your liking.
Synchronize All Recurring Payments to a Specific Day
In order to simplify subscription management, you can set all recurring payments to occur on the same day (the first of the month, every Monday, etc.) and choose how to handle the initial payment for a subscription: charging a prorated amount to the user or delaying the payment of the full amount until the day selected in the synchronisation options.
Schedule the Delivery of Products Linked to a Subscription
Do any of your subscriptions need you to plan ahead for the delivery of physical items (like a box of goods or a print magazine)? Use the dedicated Delivery Schedule option to set a day for all deliveries to be made (e.g., every Monday, the first of the month, etc.).
Create an Order and the Related Subscription Manually and Assign It to One of Your Users From the Backend
You wish to manually manage a customer’s subscription after they’ve made the decision to do so. When a user makes a purchase, you can turn that purchase into a subscription to one of your goods by using our plugin. This is the simplest method for handling cash transactions or retaining clients who could otherwise lapse in their subscriptions due to age, lack of time, unfamiliarity with the e-commerce system, etc.