Create a product: Membership (Retail products)
This tutorial is geared for a merchant who is selling retail products (clothes for example) and offers to buy a membership with additional benefits: Free shipping on all orders, 20 percent off for specific brand products.
In this example let's imagine a basic scenario of a retail products merchant (clothes for example) who is selling membership to customers. We will be setting up two plans: $10/month and $100/year
Step-by-step guide:
One simple way to get this setup would be to create a virtual product with two plans accordingly
Creating "Premium account" product
Product Name: Premium account
SKU: premium-account
Price: $10 (original price)
Click on the Advanced Inventory link
Change Manage Stock to "No"
Click Done
At this point our basic product setup is complete
2. Enable Subscriptions
Navigate to MPOWER - Configuration – General
Enable recurring subscription
3. Setup Billing Frequency (how to set up a billing frequency)
Navigate to MPOWER - Configuration – Billing Frequency
Add new billing frequency (monthly and annual)
4. Open previously created product Scroll down to the Subscription Options section and open it
Scroll down to the Subscription Options section and open it
Available For: Recurring Purchase Only
Click on the ‘Manage’ button for opening Recurring Options Management
Step 1: Recurring Settings
Is Trial Offered - NO
Start Date - Moment of purchase
Lock Product Price - NO
Unlock Preset Qty - NO
Hide Qty - YES
Savings Calculation - YES
Infinite Subscriptions - NO
Step 2: Billing Frequencies - Click on Add New button twice and select correspond Billing Frequency (monthly and annual)
Set the price $10 for a month and $100 for a year
Step 3: Summary
Click Next and Save
At this point basic configuration of a subscription is done
RESULT:
'Premium Account' product is available on the storefront, new functionality will be implemented in the near future which will allow assigning customers for a premium group with additional benefits.