If like me, you’re also an e-store owner who sells products and services that require recurring payments and subscription renewals, and if keeping track of these subscriptions and payment reminders is eating away your time then I would suggest you install WordPress WooCommerce plug-in and benefit from its Subscriptio extension.
Manage Recurring Payments Efficiently With Subscriptio
This is a paid WooCommerce Subscriptions extension that allows you to sell products like magazine subscriptions, e-learning packages and memberships that require recurring payments without any hassle and more importantly saves time. I’ve been using this extension for a few weeks now and I can say it’s quite impressive.
I wouldn’t say it has magnified my business performance, as I have recently started using it. But let me tell you that it has helped me manage my customer subscriptions efficiently, much better than before. I am a one man army running a magazine web store using WooCommerce so plug-ins and extensions like this one are quite useful for me. Subscriptio has powered up my business in terms of payment collection and automation.
Subscription management is fully automated
So, here’s how this extension helps me sell subscriptions, manage billing cycles and send payment reminders to customers… This extension is embedded with tons of features. It allows me to set terms for subscriptions such as price, billing interval, free trial length, billing period, setup fee and subscription length. When a customer buys a subscription from my WooCommerce store, a subscription flow initiates; this consists of the following actions in chronological order:
- Order placed
- Payment received
- Subscription activated
- Renewal order is then generated (since I charge on a monthly basis so it’s sent after 30 days)
- Payment reminders sent
- Subscription marked as overdue
- Overdue payment reminders sent
- Subscription suspended
- Cancellation warnings sent
I use configuration options like when reminders should be sent, length of the suspension period and etc to manage accounts through the administration pay. If payments are delayed, reminders are sent to the customer automatically as pre-defined by me. This automated system makes it a lot easier for me to address and manage late payments and subscriptions smoothly.
The ‘My Account’ page that is accessible by the users is worth mentioning. It allows subscribers to see their subscriptions, status, next payment due and expiration date. In addition to this, they can also view their recent orders, suspend or cancel them accordingly.
If you already sell or have plans to sell subscriptions with WooCommerce, be sure to check out Subscriptio – it may save you both time and headaches as it did for me.
If you enjoyed this post, make sure to subscribe to WP Mayor’s RSS feed.