The leading Magento extensions developer MageDelight has immense pleasure in announcing the launch of their latest extension - “Membership Subscription”. This extension is especially for those customers who wish to avail of services from their favorite Magento store by subscribing to their service as a member and then paying for the services in a recurring manner.
How does this extension work?
This extension allows customers to subscribe to a featured or a listed plan that is especially pertaining to a service provided by a participating website, and so that the customer can be charged in a recurring manner. Any website that sells services as part of its portfolio can include the Membership and Recurring Payments Extension as an added facility. Therefore, this service is just right for services that are billed with certain regularity, such as entertainment as well as club services, pool and games, software services, magazine subscriptions, monthly travel expenses, and so on.
Some of the outstanding features of this extension are:
- Admin can manage Membership subscriptions plans.
- Allows customers to subscribe to a featured or listed plan
- Just right for services that are billed with certain regularity
- Subscriber can pay through a recurring payment functionality
- Future payments will line up according to the recurring profile settings
This extension works by creating a custom subscription plan in the back-end by the administrator, so that it is displayed on the front-end as a menu. The payment can be made through a recurring payment functionality after the subscriber has registered for the plan via the front-end. The subscription can be canceled at any time, whenever the subscriber wishes to unsubscribe. For example, you can offer a magazine subscription for a year with a monthly, weekly, or a fortnightly periodicity. You can also send the customer his or her favorite grocery such as coffee periodically, newspapers, or fresh flowers every day.
Some of the advantages of this subscription extension are:
- allows customers to subscribe to a featured or listed plan
- future payments will line up according to the recurring profile settings
- Customers can opt for subscription even if you have included a service for a one-off sale.
- Encourage your customers to subscribe for a longer period.
- Make a more profitable deal.
As the owner or the administrator of the website, it is possible for you to continue to sell services that have been included under the subscription plan as a one-off sale. However, your customers can also opt to buy your services via subscription instead. A promotion can also be run online by offering subscription instead of paying the entire payment in one go. In a way, it is possible for you to encourage customers so that they subscribe for a longer duration, thereby making the deal more profitable for them.
Conclusion
The logic on which this extension works is very simple. As soon as the customer becomes a subscriber, the payment for the service becomes scheduled. Therefore, 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.