Subscription E-commerce is growing at an exponential rate, with 15% of online buyers already subscribing to one or more products or services and the number of online shoppers reaching 2.14 billion as of 2021, according to a McKinsey & Company study.
Subscription-based e-commerce brings predictable revenue, allowing companies to know exactly what items need to be replenished, in what quantities, and how often.
With the subscription-based e-commerce model, companies have the opportunity to build lasting relationships with their customers based on convenience, reliability and meeting their needs.
The subscription-based e-commerce model builds member loyalty, generates more revenue, and creates more opportunities for cross-selling and up-selling.
Set the appropriate purchase frequency according to the store product type, while meeting the different requirements of customers for consumption cycles, including setting the number of subscription cycles, subscription discounts, and the frequency of subscription cycle intervals.
Three different styles are offered, allowing users to choose the right subscription component to display based on the subscription options, the selling method, and the store theme style.
You can choose to send automated emails to customers to ensure that they understand the order information and make the subscription process clearer for them; you can also set up automated emails for feedback to merchants to facilitate real-time follow-up with customers.
Merchant can manage the subscription contract, view the details, set up the next subscription order, and view the subscription orders associated with the subscription contract.
It is convenient for you to visualize the data of [Orders], [GMV], [Subscription Contracts] and [Subscribers], so you can see the overall operation at a glance.
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