Magento 2 Subscription Extension is a business tool that allows you to integrate a subscription model into your Magento 2 store. This extension authorizes users to subscribe to any product.
This Magento 2 subscription extension takes payment from the customer’s chosen payment method and re-order the products at pre-defined intervals.
Advantages of the Magento 2 Subscription Extension for Magento 2 Stores:
- The Magento 2 Subscription Extension turns any product into a recurring subscription.
- Each product also has the option of having any number of subscription types. In this way, you can add subscriptions like 1 week, 1 month, 3 months, etc. You can also create custom subscription periods, such as 9 days, 3 months, 1 year, etc.
- Customers can view and change their subscription terms from their my account section.
- If your customers have many subscriptions scheduled for the same day, the system can group them into one order to save on delivery fees.
- A subscription plan may change the price of a product; For example, if someone chooses to buy a subscription to a product, you can reduce the price of the product by an associated fee or percentage.
- A customer can check out both subscription and non-subscription products in the same order.
- Fee-based subscriptions, installments, and subscriptions are all supported.
- Admin can track and manage customer subscriptions on the - - Magento 2 store’s admin page.
- Magento 2 subscription extension supports all payment gateways including PayPal for a subscription payment.
- You can notify the customer about each installment, each order, and any payment errors.
- You can predetermine the number of items you want to sell through the subscription.
- Also supports the “Cash on Delivery” payment method.
- This is where you can change the billing frequency.
- E-wallets are a convenient way to make down in-front and recurring payments.
- Manage orders for subscription products from the admin panel.
- Customers have the facility to subscribe to products from the cart itself.
- There is a dashboard with graphs and reports to help administrators track the number of subscriptions.
Why do we need the Magento 2 Subscription Extension for Magento 2 Store?
Magento 2 Subscription Extension will generate a subscription on successful order of subscription product. It creates a planned subscription payment in the database.
Once the scheduled payment date arrives, the payments will deduct from the strategy selected by the consumer. Then, a new order will generate in Magento to let you know that the customer’s payment was successful and their order should process.
Magento 2 Subscriptions is a “drop-in” extension that gives you all the subscription features plus integrates with your sales and fulfillment workflow using native Magento features.
Final Words:
The Magento 2 subscription extension comes with many beneficial features, which make the extension beneficial for Magento 2 store owners as they can handle the subscriptions of their customers.
This Magento 2 extension comes with a dashboard of reports and graphs so that store owners can track their customers’ subscription numbers in one place.
If any of the above features interest you then you can contact us so that we can assist you with the installation and configuration of the Magento 2 Subscription Extension.
Top comments (0)