WooCommerce Subscription plugin helps you create and manage subscription products in your store. This plugin allow you to create multiple subscriptions for products (physical and downloadable) and services. You can also create weekly, monthly or annual subscriptions based on the specific requirements of your customers.
Features of WooCommerce Subscriptions
Recurring payment
Recurring payment is the payments that will give you residual revenue you can track and count on. You can create and manage products with recurring payments with WooCommerce Subscriptions. It allows you to create multiple subscriptions for physical or virtual products and services. You can create product-of-the-month service, weekly service subscriptions or even yearly software billing packages. You can also add sign-up fees, offer free trials, or set expiration periods.
Multiple billing schedules
WooCommerce Subscriptions offers multiple billing schedules, which you can set up based on your convenience.
Different Payment Gateways and Method
This [lugin integrates with 25 payment gateways. You will get the option to provide automatic payment from several payment providers. Manual payment option is also available for any payment provider that you choose. There is also an option which allows automatic re-billing of failed transactions, which makes it convenient for both customers and store owners.
Upgrade and Downgrade Plan
With this plugin, you can offer your customers a lot of freedom to manage their subscriptions. They can upgrade or downgrade a plan from their account page, without any involvement of the online store owner.
Automatic Subscription Renewals
Automatic subscription renewals can cause confusion when there is no clear instruction of the renewal dates. The plugin manages this problem well with automated renewal notifications through email to customers and store owners.
Reporting Features
It also has a decent set of reporting features that allow you to keep track of recurring revenue, number of active subscribers, and more.
Additional Features
Variable Subscriptions
You can create variable subscription products and allow your customers to choose a subscription that suits their requirements.
Subscription Management
You can get full-featured subscription management via the WooCommerce > Edit Subscription administration screen. With this 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.
Subscriber Account Management
Customers can also manage their own subscriptions via My Account > View Subscription page, subscribers can also suspend or cancel a subscription, change the shipping address or payment method for future renewals.
Synchronised Payments
With WooCommerce Subscriptions’s synchronization features you can ship products on certain days of the month, or align all customers to the same annual membership term.
Subscription Coupons
It supports coupons to offer customers a discount on their monthly payments or just the sign-up fee.
How to Start a subscription plan with the Subscriptions plugin
It is very simple to get started with this plugin. Once you have WooCommerce installed on your store, you can purchase the Subscriptions plugin from the WooCommerce marketplace. Download and Install and activate the plugin just like you would do with any other WordPress plugin.Set up your first subscription based new product. From the product type drop-down menu, you will find more two additional options – single and variable subscriptions. You can choose any options for your subscription product. If you want to offer multiple subscription packages, which customers can choose, variable subscriptions is the way to go. If you have only one subscription plan, single subscription will fulfill the requirement.
For variable subscription, you can create attributes and use them to create different variations. You can add a sign up fee along with the recurring subscription charges here and also set up an appropriate payment option for the subscription product and then publish it. Your customers will now be able to purchase subscriptions from the front-end of your site.
Read More: WooCommerce Subscriptions
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