WooCommerce Subscriptions Earn Residual Income with Recurring Payments

Can you guarantee how much money your store will make this month? If you offered subscription-based products, you could do just that.

With WooCommerce Subscriptions, you can create and manage products with recurring payments – payments that will provide a residual income that you can track and rely on.

WooCommerce Subscriptions allow you to set up a variety of subscriptions for physical or virtual products and services. Create product-of-the-month clubs, weekly service subscriptions, or even annual software billing packages. Add sign-up fees, offer free trials, or set expiration periods.

A subscription-based model will enable you to earn more residual income, and all you need to do is fulfill orders.

Why Use WooCommerce Subscriptions? Multiple billing schedules available to suit your store’s needs Integration with over 25 payment gateways for automatic recurring payments Supports manual renewal payments through any WooCommerce payment gateway, along with automatic invoices and receipts via email Supports automatic retrying in case of subscription payment failure, so you never miss out on revenue Give subscribers the ability to manage their own plan, including upgrades or downgrades, without needing to wait for your assistance Integrated renewal notifications and automated emails let you and your customers know when subscription payments have been processed, so there are never any surprises. Detailed reports allow you to track recurring revenue, number of active subscribers, and more WooCommerce Subscriptions Features Free Trials and Sign-up Fees

Charge an initial amount to cover setup costs for the customer or allow customers to try before they buy by adding sign-up fees and free trials to any subscription product.

Subscription Management

Store owners get complete subscription management through the WooCommerce admin > Edit Subscription screen. You can suspend or cancel a subscription, change the trial expiration, add items, shipping, fees, or taxes to the subscription, or modify the recurring total for future payments.

Synchronized Payments

If you want to ship only on certain days of the month or align all customers to the same annual subscription period, you can do so with the WooCommerce Subscriptions renewal synchronization feature. You can even prorate the first payment of a synchronized subscription purchase.

Flexible Product Options

When creating a subscription product, you can make the product downloadable, virtual, or physical, charge weekly, monthly, or yearly renewal payments, limit the product to one per customer, and even charge shipping only on the initial order.

Subscription Coupons

Offer customers a discount on their monthly fees or just on the sign-up fee. Subscriptions include recurring discount coupons and sign-up fee coupons.

Multiple Subscriptions

Your customers can also purchase different subscription products in the same transaction, and Subscriptions will bundle products to reduce payment gateway fees and logistical expenses for their future renewals.

Customer Emails

WooCommerce Subscriptions automatically notifies customers when a subscription renewal payment is processed, a subscription is canceled, or when a subscription has expired with integrated subscription emails.