There are two types of subscription payments that you can set up on Shopify: automatic subscription payments and manual subscription payments. Automatic subscription payments are set up through a third-party provider, such as PayPal or Stripe. Manual subscription payments are set up through Shopify’s built-in billing system.
To set up automatic subscription payments, you will need to create a new account with the third-party provider and then connect it to your Shopify store. To do this, go to the Payments section of your Shopify admin and click Connect a new account. Then, follow the instructions on the screen to complete the connection.
Once your account is connected, you can start setting up your subscription products. To do this, go to the Products section of your Shopify admin and click Add product.
Then, enter the product details, such as the name, price, and description. In the Inventory section, select Unlimited from the Track quantity drop-down menu. This will ensure that your customers can subscribe to an unlimited number of products.
Now that your product is created, you need to add it to a subscription plan. To do this, go to the Orders section of your Shopify admin and click Create subscription plan. Then, select the product that you want to add to the plan and specify the frequency (weekly, monthly, etc.)
and duration (1 month, 3 months, etc.) of the subscription. You can also specify a trial period for new subscribers.
Once you’ve created your subscription plan, you need to add it to a subscription widget. To do this, go to the Shopify Widgets page and search for “subscription”. Then, choose the widget that you want to use and follow the instructions on how to add it to your website.
Now that your subscription payment system is set up, you need to start marketing your products to potential customers. To do this, you can use social media, email marketing, or even traditional advertising methods like print or radio ads. Whatever marketing method you choose, make sure that you’re clear about what benefits customers will get by subscribing to your products.
The benefits of setting up subscription payments on Shopify are clear: it’s a great way to generate recurring revenue for your business and provide customers with convenience and flexibility when it comes to their shopping experience.
Conclusion:
Overall, setting up subscription payments on Shopify is a great way to generate recurring revenue for your business while providing customers with convenience and flexibility.
