Hey there, entrepreneur! Are you thinking about WooCommerce subscriptions? If you want to build a recurring revenue stream, a subscription based payment structure will ALWAYS be the best business model – if you are able to pull it off. You’ll probably have noticed that most the leading companies are gradually moving toward a subscription model. If you want to retain your customer base and still be profitable, there is no alternative to subscriptions. This is all great, but how do you manage the subscriptions system? There are several things involved in setting up this type of model; creating the subscription packages, setting up the payment methods, configuring the shipping options, monitoring the subscription status, and so on. How can you deal with all of these on your own? Wouldn’t you rather be managing your business rather than managing your shop’s subscription model?
Luckily, WooCommerce has developed a special extension to deal specifically with all the complexities of setting up and managing a subscription system on your existing WordPress site. In today’s post, we’re going to introduce you to WooCommerce Subscriptions, discuss the features, and show you how to use the