Are you struggling to maintain consistent revenue and customer loyalty for your eCommerce store? If so, you might want to consider offering subscription products or services for your products. Magento 2 Subscription and Recurring Payments Module (mPower) is a robust and flexible solution that can help you build and grow your predictable revenue stream with ease.
Features and Flexibility
Magento Subscription is the most flexible and robust solution on the market, according to customer testimonials. With this module, you can track and manage customer subscriptions directly in Adobe Commerce (aka. Magento). It supports native Cart Price Rules and Catalog Price Rules in Adobe Commerce, and it can also integrate with a wide range of payment gateways, including Stripe, PayPal, Braintree, Authorize.Net, CyberSource, and all offline payment methods available in Magento out of the box.
In addition, Magento Subscription is a PCI-compliant solution that is integrated with Adobe Commerce Vault for enhanced security. The pre-built customer notification email templates make it easy for you to communicate with your subscribers, and the native integration with Bills (for Adobe Commerce) allows you to easily manage your billing and invoicing.
Benefits for Your Business
With Magento Subscription Solution, you can create a predictable revenue stream and increase customer loyalty. According to research, the average individual subscriber held 4.1 subscriptions across two retailers in 2022, representing a 14% increase in the average number of subscriptions per subscriber from 2021. By offering subscription services, you can tap into this growing market and provide a more convenient and reliable service to your customers.
Offering subscription services can help you increase your customer life-time value (LTV). The higher the customer loyalty the more they invest into your brand.
Magento Subscription Solution (mPower) is easy to use and flexible enough to meet the needs of any growing business with its wide variety of features and the ability to integrate with other payment gateways, you can customize your subscription service to suit your unique business needs. So why not start boosting your business with Magento Subscription today?
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