2.1.0 YITH WooCommerce Subscription Premium
What the plug-in does
Use subscription programs in your e-commerce to sell products and keep your customers loyal.
How you can benefit from it.
Your business will benefit from the most powerful subscription system available to generate more profit recurringly.
You will be loyal to a niche customer who will renew their subscription every month, allowing you to earn an automatic and guaranteed income.
You will be able to set lower prices for expensive products and services, allowing more customers to buy them.
You’ll be able to offer customers trial periods to test your products so you can push them to buy. You can increase sales by 56% because users are more likely to buy after they become familiar with your product or service.
Set up your recurring revenue system to sell your products and services on a subscription basis.
Selling products on a subscription basis allows you to get paid regularly and monitor your revenue growth on a month-by-month basis.
This has become the most popular business model in recent years: users pay a subscription fee – usually weekly, monthly or yearly – to use software, access training courses, read magazines, have unlimited access to archives of useful resources (such as a library of audio files or a website with photo stocks provided by Amazon Audible) or benefit from a hosting service. But this also applies to gyms, video games, libraries, consulting or coaching services, legal advice, etc. …… This is a successful business model for most products or services that are sold.
Thanks to full integration with the YITH WooCommerce membership system, you will have the freedom to create subscriptions to online products and provide exclusive access to customers who purchase these products, such as video courses, monthly podcasts, and more.
The trial model will give your customers free access to your products for a limited time: you can ask them to sign up in your store (an effective way to build a good mailing list) and increase conversion rates: it’s easier to drive customers to buy after they can test the benefits of your products themselves.
In addition, YITH WooCommerce subscriptions include a reminder system that prompts your customers to activate or renew their subscriptions.
There are several payment methods that are automatically charged upon renewal of your subscription… PayPal Standard, YITH WooCommerce Stripe Premium, YITH WooCommerce Stripe Connect Premium, YITH WooCommerce PayPal Express Checkout for WooCommerce, ICS WooCommerce Account Funds Premium, WooCommerce Stripe Payment Gateway.