There are several ways of monetization that generate recurring revenue, and the most common being subscriptions. Here’s how you can make use of this model and add a layer of personalization with custom boxes.
In this article, we browse through some great projects taken on by the WPRiders team that focus on the idea of recurring revenue. We’ll show you some practical, inspiring models that will help you understand how you can actually take your idea from paper to reality and build a recurring revenue business online.
SUMO Subscriptions is a WooCommerce subscription plugin. It allows for Simple, Variable, and Grouped subscriptions for physical, digital, and virtual products and services. It includes built-in payment gateways—including PayPal and Stripe—for automatic subscription renewals. And for manual subscription renewals, it works with any WooCommerce supported payment gateway.
Did you know that it takes upwards of seven times more money to gain a new customer than it does to encourage a loyal customer to make another purchase?
Today I am going to introduce you to a premium WooCommerce extension by the name of WooCommerce Subscriptions. This extension will help you keep the customers you already have, those that know and love your products and services, by offering them the chance to purchase a subscription.
After all, it is almost 100% guaranteed that once you have a customer making purchases from your online store, if you entice them enough, they will purchase again. What better way to secure sales than from your faithful customers and the use of a subscription option?
When you provide valuable content you want to make the most of it. You know that your followers will come back to your blog for the simple reason that your content is better than others’, so why not make use of that and protect this great content? One way of doing this is by setting up a paywall system such as CoinTent.
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.
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