A number of business owners would love to have a steady stream of recurring revenue instead of depending on daily sales. A good way to make this happen is to create a membership website using subscription software. It's becoming more and more popular, because in an unstable economy, having guaranteed sales on a weekly or monthly basis is a must. If you offer subscription services to your customers and provide good value for their money, you will build a large following in no time.
The way that a membership website works is it uses a subscription software to capture each member or subscriber's information. To be able to offer subscription products, content or services, you are responsible for delivering as promised and let the software handle and manage the membership interface and recurring billing. Payment is deducted from the subscriber's credit card at a specified time each week or month or quarter according to your preference for the entire time he or she is still a member. The membership or subscription can be canceled when the member no longer wants products or services from the business, putting an end to the relationship as well as the recurring payments.
There are a variety of ways you can offer subscription based products or services on your ecommerce site. Almost all online businesses that need to use a subscription software will fall into one of three business models. The first model is a community based membership website. Visitors must pay a recurring fee to become a member in order to network with other people in the same industry, get expert advice on a particular subject or be granted access to data that they cannot get on the web for free. The second type delivers new content or products to people through a subscription. Your subscribers can either receive information online such as e-zines or newsletters or receive actual products in the mail for example chocolate of the month club. The third model is for services or products that the customer needs on a continual basis. A good example of this is Proactiv, it's an acne product that is sent to the customer every three months so they never run out of the product.
If you are interested in any of the three business models, you will need an e-commerce solution with a reliable subscription software to help you build your own membership website. Here is a list of basic features to help you offer subscription on your website:
The way that a membership website works is it uses a subscription software to capture each member or subscriber's information. To be able to offer subscription products, content or services, you are responsible for delivering as promised and let the software handle and manage the membership interface and recurring billing. Payment is deducted from the subscriber's credit card at a specified time each week or month or quarter according to your preference for the entire time he or she is still a member. The membership or subscription can be canceled when the member no longer wants products or services from the business, putting an end to the relationship as well as the recurring payments.
There are a variety of ways you can offer subscription based products or services on your ecommerce site. Almost all online businesses that need to use a subscription software will fall into one of three business models. The first model is a community based membership website. Visitors must pay a recurring fee to become a member in order to network with other people in the same industry, get expert advice on a particular subject or be granted access to data that they cannot get on the web for free. The second type delivers new content or products to people through a subscription. Your subscribers can either receive information online such as e-zines or newsletters or receive actual products in the mail for example chocolate of the month club. The third model is for services or products that the customer needs on a continual basis. A good example of this is Proactiv, it's an acne product that is sent to the customer every three months so they never run out of the product.
If you are interested in any of the three business models, you will need an e-commerce solution with a reliable subscription software to help you build your own membership website. Here is a list of basic features to help you offer subscription on your website:
- Get detailed reports of all customer charges per billing cycle
- Set your own terms and conditions for subscriptions
- Choose when to charge your subscribers
- Automatic credit card processing per billing cycle
- Set amount of days to wait before charging declined credit cards again
- Set amount of payment declines before deactivating a subscriber's account
- Choose your own billing cycle according to days, weeks, months or years
- Member account can be disabled at any time by the customer
- Configure countries to accept subscription from
Don't you think it's time you created your own membership website? You are able to offer subscription products and services with the correct ecommerce solution. Manage all of your subscribers and monitor their recurring payments from your own store admin. Build your list and let the software handle the rest.
What you need is a full service all-in-one hosting, design, and marketing software made specifically for e-commerce businesses. One that lets you set up your store in minutes, and provides a powerful subscription software in addition to tools that help with SEO, product marketing and mobile commerce. Check out the best possible e-commerce solutions available at http://www.makeanonlinestore.com and try them out yourself absolutely free, no credit card required!
What you need is a full service all-in-one hosting, design, and marketing software made specifically for e-commerce businesses. One that lets you set up your store in minutes, and provides a powerful subscription software in addition to tools that help with SEO, product marketing and mobile commerce. Check out the best possible e-commerce solutions available at http://www.makeanonlinestore.com and try them out yourself absolutely free, no credit card required!