How Does Magento 2 Subscription Help in Managing Subscriptions?

How Does Magento 2 Subscription Help in Managing Subscriptions?

The Magento 2 Subscription Extension is one of the most suitable business tools that authorize you to implement a subscription model for the products of the store. This extension can authorize users to subscribe to any product. These extensions enable automatic reordering of products at a specified interval, and the amount will be deducted from the payment method chosen by the customer.

Benefits of the Magento 2 Subscription Extension: The Magento 2 Subscription extension turns any product into a recurring subscription. In addition, any number of subscription types can be added to each product. This way you can add subscription like 1 week, 1 month, 3 months, etc. You can also create custom Subscription duration, such as 9 days, 3 months, 1 year, etc.  Customers can view and change their subscription duration directly from their Account view.

 If your customers have multiple subscription scheduled for the same day, the system will automatically group them into a sequence to save on delivery charges.  Subscription plans can modify 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 checkout with both Subscription and non-subscription products in the same order.  Fee-based subscriptions, installments, and Subscription extensions are all supported.

How Does the Magento 2 Subscription Extension Work?

These Magento 2 Extensions helps you to generate subscription automatically on successful order of subscription product. It automatically creates a planned subscription payment in the database. Once the scheduled payment date arrives, the payment is deducted from the strategy chosen by the consumer. Then, a new order is generated for the Magento store admin to let you know that the customer's payment was successful and their order should be processed. Magento 2 Subscriptions is a "drop-in" extension that gives you all the subscription features but integrates with your sales and fulfillment workflow using native Magento features.

Final Words: You may have used many third-party vendor extensions in your installation of Magento, and Webkul's Magento 2 Subscription extension is an incredible one. Perfect for drop-in Magento sites, and the code quality was such that it's painless to simply extend the features of the Magento 2 Subscription Extension. If any of the above features are of interest to you, drop us a line, and we can assist you with installation and configuration.