Any website which has a subscription plan for a service it provides can include the Membership Subscription Extension as an added facility.
This service is just right for services that are billed with certain regularity, such as entertainment and club services, pool and games, magazine subscriptions, software services, monthly travel expenses, and so on.
The custom subscription plan is created in the back-end by the administrator that is displayed on the frontend as a menu.
The subscriber can register for the plan via the fronted of the e-shop and pay through a recurring payment functionality.
The subscriber can cancel the subscription at any time whenever he or she wishes to unsubscribe.
As an example of the use of this Magento extension, you can offer a magazine subscription for a year with a monthly, weekly, or fortnightly periodicity.
You can also send in the customer's favorite grocery such as coffee or a decoration item such as fresh flowers every day.
As the owner or administrator of the website, you can continue to sell the services that you have included under the subscription plan as a one-off sale as well.
However, it is entirely up to your customers to purchase the subscription if they wish.
You can also run a promotion online offering subscription instead of paying the entire payment in one go.
In a way, you encourage customers to subscribe for a longer duration and make the deal more profitable for them.
With this extension, it is possible to move customers to a specific groups after they have started subscribing to your services.
The groups will help your business to become more organized as you can easily plan your business based on customer segmentation techniques as well as targeted communication.
This Membership Subscription Magento Extension works on a very simple logic.
As soon as the customer becomes a subscriber, the payments for the service will become scheduled.
The future payments will line up according to the recurring profile settings. These settings will define when you will receive the payments according to moment of purchase, last day of current month, exact day of month, or as defined by the customer.
The administrator can also define the recurring profiles, and also be unlimited, which can expire only when the user/admin cancels his or her subscription.