For a while now, you’ve been enjoying working with your favorite WooCommerce extension – Wisdm Custom Product Bundles – to offer customers the option to create personalized assortments. Over time, we’ve changed the plugin quite a bit – with the option to add variations, create pre-assorted boxes, calculate prices dynamically, and a whole lot more.
But we knew that there was one feature that was on every user’s wishlist – the option to be able to offer these custom boxes on a subscription basis. After going through multiple iterations, strategies, and development effort, we’re thrilled to announce that we’ve finally architected the perfect solution.
With version 3.0.0 of Wisdm Custom Product Bundles, the most anticipated feature is finally HERE!
Wisdm Custom Product Bundles seamlessly integrates with WooCommerce Subscriptions to allow buyers to subscribe to custom boxes.
Generate Recurring Revenue with Subscription Boxes
With the subscription e-commerce market booming, statistics say, the worldwide revenue by subscription e-commerce sales alone has seen a 4,461% increase. That’s incredible!
Right from personal care products, household items, gifts, grocery items, to on-demand services, a subscription option is a popular strategy to sign-up customers and convert them into loyalists. The most popular examples of this model being Amazon (subscribe and save), Netflix, the Dollar Shave Club, BirchBox, and more.
The advantages are numerous. You can:
- open up a constant source of recurring revenue,
- convert one-time buyers into subscribers,
- boost customer retention with a simple purchase strategy,
- predict monthly revenues and profits,
- plan on inventory and stock based on demand
Although subscriptions are an attractive strategy for businesses, customers are wary of signing up for recurring payments, making it a bit tough to acquire new customers. But what can make the deal sweet for customers are lower prices or personalization.
The Personalized Subscription Box Advantage
Trends say that personalized or curated subscription bundles are a favorite among buyers amounting to 55% of the subscription market share. Personalized subscription boxes increase customer experience and the possibility to tailor the product or curate the assortment acts as a trigger for them to subscribe.
Although Wisdm Custom Product Bundles provided WooCommerce owners the possibility to offer mix and match product boxes, a subscription option was a clear void in the Woo ecosystem.
But now with version 3.0.0 of Wisdm Custom Product Bundles, we’ve been able to bridge that gap and let you offer product assortments customers can subscribe to, with seamless integration with WooCommerce Subscriptions.
WISDM Custom Product Bundles (Boxes) 3.0.0
The latest version of the custom box plugin offers you an option to “Enable Subscription” on every box you offer. But don’t worry, there aren’t any complex settings. There are simple options to set the subscription amount and duration. You even have a “free trial” option to entice interested buyers.
Along with this major update, Wisdm Custom Product Bundles 3.0.0 also includes performance improvements, price calculation fixes, and compatibility with the latest WordPress and WooCommerce versions. You can read all the technical details in the changelog.
The Possibilities are Endless
Subscriptions are becoming an increasingly common way for consumers to buy products online, and with personalization added to the mix, your offering becomes unbeatable. The solution is right there for the taking – upgrade to the latest version of Wisdm Custom Product Bundles, right away.
