YITH WooCommerce Subscription Premium
YITH WooCommerce Subscription Premium enables recurring billing and subscription management in WooCommerce. Sell products and services with automated recurring payments, trial periods, and flexible billing cycles.
YITH WooCommerce Subscription Premium
What the plugin does How you can benefit from it:
- easily create a business model that can generate reliable and predictable revenue by focusing on customer loyalty;
- Sell products, services or subscription boxes (with weekly, monthly, yearly payment, etc.) and create an effective passive revenue system in your store.
- attract customers with affordable prices: A majority of users, 78%, prefer the convenience and flexibility of a monthly subscription priced at $25 rather than making a one-time payment of $300;
- give your customers the opportunity to try out your products with a free trial period: by allowing them to test before subscribing, you can boost conversions by as much as 56%. When users have the chance to experience a product or service firsthand, they are more willing to make a purchase;
- cultivate customer loyalty: offering subscription-based products or services allows you to foster a long-term and trustworthy relationship with your customers. By implementing effective engagement strategies, you can keep them actively involved with your brand and effortlessly minimize customer turnover;
- reduce customer acquisition costs: since acquiring new customers is 5 times more expensive than retaining existing ones, the customer who buys and pays on an ongoing basis for a subscription product represents a huge opportunity to cut costs and increase revenue through targeted upsell strategies.
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