Capture Residual Revenue with Recurring Payments
Can you guarantee how much money your store is going to 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 give you residual revenue you can track and count on.
WooCommerce Subscriptions allows you to introduce a variety of subscriptions for physical or virtual products and services. Create product-of-the-month clubs, weekly service subscriptions or even yearly software billing packages. Add sign-up fees, offer free trials, or set expiration periods.
A subscription-based model will allow you to capture more residual revenue — and all you have to do is ship the 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 email invoices and receipts
- Supports automatic rebilling on failed subscription payments, so you never lose revenue
- Give subscribers the ability to manage their own plan, including upgrading or downgrading, without needing to wait on you for help
- Built-in renewal notifications and automatic emails let you — and your customers — know when subscription payments have been processed, so there are never any surprises
- Detailed reports allow you to keep track of recurring revenue, number of active subscribers, and more
WooCommerce Subscriptions Features
Free Trials & Sign-Up Fees
Charge an initial amount to account for customer setup costs, 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 full-featured subscription management via the WooCommerce > Edit Subscription administration 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 only want ship on certain days of the month, or align all customers to the same annual membership term, you can with 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 renewal payments weekly, monthly or annually, limit the product to one-per-customer and even charge shipping only on the initial order.