For any e-commerce store, subscriptions are a popular way to increase and enhance sales figures. With these subscriptions, you can build email marketing lists that work significantly to improve your email marketing campaigns. When you set up your online WooCommerce store, you must add these WooCoomerce subscription plugins to take advantage of gathering your recurring sales.
In this article, we will study WooCommerce subscriptions, how you can use them to increase your store’s functionality, and the five best WooCommerce subscription plugins to install.
What is WooCommerce Subscription?
WooCommerce subscriptions are an easy option to set up recurring billing for digital products you sell online alongside membership sites. It is also helpful in selling physical products as well.
Under this model, users can buy and review subscriptions per their requirements or before expiration. Following are some common types of subscriptions available:
Membership Subscriptions
When you take a membership subscription, you need to buy a membership that has to be renewed regularly to access the products and services offered. Your customers can take these subscriptions for a more extended period.
Product Subscription
Product subscriptions include repeated orders for items used by users and delivered at fixed intervals.
Email Subscriptions
Users who sign up for email subscriptions can access regular updates, new products, and exclusive information about your online store. Email subscriptions are usually free, but they can be paid too. With this, you can choose to schedule and send emails whenever necessary.
Why do You need WooCommerce Subscriptions?
Now let’s come to the crucial aspect of why you even need these subscriptions. There are several benefits of subscriptions for your website. Let’s look at some of its benefits:
- Predictable Earnings: A subscription-based website offers a predictable and constant source of revenue for your business. The subscription model allows companies to forecast their income for a certain period, which helps them plan for operations, marketing, and growth strategies accordingly.
- Customer Retention: A subscription-based site offers higher customer retention rates than traditional e-commerce sites. This happens because customers are motivated to continue their subscriptions and get access to exclusive content, features, or products.
- Regular Payments: Subscription-based websites offer recurring payments for businesses. You do not need to rely on one-time purchases as you get a steady stream of routine revenue. This also helps maintain a healthy cash flow and avoid the ups and downs of a conventional business model.
- Customer Insights: When you offer subscriptions, you can gather data about your customers and their choices. It allows you to design products and services to meet customers’ needs. This can help improve customer satisfaction and retention and drive sales growth.
- Exclusivity and Value: Subscription-based websites often offer exclusive content, products, or services unavailable elsewhere. This can give customers a sense of exclusivity and value, increasing loyalty and driving repeat purchases.
Five Best WooCommerce Subscription Plugins
Let’s have a look at the best five WooCommerce subscription plugins you can choose from based on their key features and pricing:
1. WooCommerce Subscriptions by WooCommerce
As the name suggests, WooCommerce Subscriptions is WooCommerce’s owned subscription plugin. This one of the most famous and powerful subscription tools helps you maintain varying subscriptions simultaneously.
This plugin has excellent functionality and offers features like an automated invoice generator, periodic billing schedules, subscription management, and drip content. It streamlines the overall subscription setup for your site.
Additionally, it supports over 25 payment integrations for automatic recurring and manual renewal payments.
Top Features:
- You can create multiple subscriptions for different products and services
- It automatically initiates rebilling of any failed subscription payment
- Give customers the freedom to manage their subscription plans
- Automatically sends renewal information to keep the customers notified
- Allows customers to have multiple subscriptions for a single transaction
- Includes trial periods
Pricing: It is a premium add-on for WooCommerce, starting at $199 per year
2. Subscriptio – WooCommerce Subscription
Subscriptio is another premium subscription plugin by WooCommerce. It is ideal for selling online memberships, magazine subscriptions, e-learning packages, and other intangible products.
With this plugin, you can sell subscriptions and activate recurring revenue techniques. Additionally, it offers functionalities like flexible billing cycles, multiple billing, and automatic renewals.
Top Features:
- It can create subscription lists and subscription management tools for customers.
- It sells online memberships with recurring charges
- It offers configuration for your subscriptions trial period
- Allows your customer to have multiple unlimited subscriptions
- It is fully compatible with payment getaways like Stripe and Paypal
Pricing: It is priced at $49 for a regular license and $249 for an extended license
3. Yith WooCommerce Subscription Plugin
This freemium plugin allows the creation of any subscription product, whether it is an article or essential good. You can download this plugin directly from the WordPress library for free. It also comes with a paid version for more advanced features.
It is an ideal plugin for creating subscriptions for videos, podcasts, courses, and reviews.
Additionally, it allows you to control your sales volume to regulate the delivery of virtual and physical products.
Top Features:
- Allows you to find subscription information easily on the “My Account” page
- You can create subscriptions for both physical and variable products
- It is fully compatible with Stripe and Paypal
- It comes with an automatic renewal feature
- You can delete your subscription anytime you want
- It allows users to have multiple subscriptions within a single transaction
- Offers easy upgrade or downgrade to subscription plans for variable products
Pricing: Free to download from WordPress plugin directory. The premium version starts at $91 for a single-site license.
4. Sumo Subscriptions
It is a comprehensive WooCommerce subscription by Fantastic Plugins that help you create recurring payments. Sumo Subscriptions comes with four inbuilt payment getaways, including automatic renewals with Paypal and Stripe.
It allows you to set up simple variable subscriptions and grouped product subscriptions on your WooCommerce store. You can also select and set subscription duration and the frequency of renewals for order subscriptions.
With its inbuilt advanced solutions, Sumo Subscription is a complete subscription solution for your WooCommerce store.
Top features:
- It is fully compatible with WordPress and WooCommerce updates
- It supports the both free and paid trial
- It offers automatic subscription renewal with SUMO Rewards Point Payment Gateway
- Can send multiple payment reminders emails
- Provides excellent support and fast response time
- It offers automatic subscription renewal with numerous payment gateways
- It provides recurring donations with the SUMO donation Plugins
Pricing: Sumo ranges between $49 to $490 depending on the chosen options
5. Subscriptions for WooCommerce by WebToffee
This plugin is a simple yet unique subscription plugin for WooCommerce that allows you to set up and manage recurring payments and billing for your online store.
It offers a free trial that can be used to create simple subscriptions with different categories related to your subscription products and services.
Additionally, it supports top payment getaways like Paypal and Stripe and is designed for an easy subscription process.
Top Features:
- Allows you to set variable subscriptions for both physical and digital products
- Supports synchronized renewal with porate option
- It offers multiple billing schedules
- Fully compatible with various payment gateways
- Offers free trial and sign-up fee recurring subscription discount
- It synchronizes the date of the subscription products to a specific day of the month
Pricing: This plugin provides a personal single-site license for about $89/per year.
6. Subscriptions for WooCommerce Pro
With the help of Subscriptions for WooCommerce, you can add a subscription business model to your online shop and offer easy and flexible alternatives for subscription-based goods and services. Additionally, you may market both physical and digital subscription items, as well as anything in between.
Use WooCommerce subscription orders to collect recurring payments on your online store with features that are practical for both administrators and users.
Top Features:
- Sell recurring services and subscription-based goods for a certain period.
- Create a fully functional WooCommerce subscription-based store from a basic eCommerce store that sells products.
- Give your consumers free trials of subscription-based goods and services to win their loyalty.
- When the order status fails, the subscription status will be put on hold.
- When the order is canceled, the subscription will also be canceled automatically.
Pricing: The single site license of the plugin will cost you $129, 5 site is $450 and 10 sites is $810.
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Conclusion
Choosing the right subscription for your WooComerce website can be a delicate possess to deal with. However, if you explore all your options carefully, you will find the one that fits your store’s subscription needs.
With this blog, we tried to explain the importance of these subscription plugins while describing their key features. We hope this blog was insightful enough to help you choose and choose your ideal WooCommerce Subscription.
