6 compelling reasons you should invest in a professional subscription management provider

Written by:

For nearly ten years, PayWhirl has been the trusted partner of thousands of Shopify merchants. The PayWhirl subscription app offers unparalleled flexibility over simple alternatives, and lets you design subscription plans that adapt to your business needs. PayWhirl is more than just another subscription app, it’s a flexible powerhouse of a professional subscription management provider. Shopify users can effortlessly integrate PayWhirl with product pages, carts, and user accounts via intuitive drag-and-drop blocks. No coding skills are needed, but advanced APIs, webhooks, and workflow tools are available.

Six reasons to use a professional subscription management provider with years of experience.

The value of subscription and recurring payment solutions cannot be understated. Investing in a professional subscription management provider like PayWhirl can bring several benefits. This is particularly true if you offer multiple subscriptions or need to manage subscriptions in bulk. Here are some compelling reasons to consider:

  1. Time and Resource Savings: Managing subscriptions can be time-consuming, especially if you have numerous subscriptions or offer outside-the-box goods and services that require customization. A subscription management provider like PayWhirl can automate many tasks, such as, making bulk edits to subscriptions, managing subscription renewals, tagging customers/orders, and sending event-triggered notifications. This can save you valuable time and reducing administrative overhead.

    Example – Imagine a boutique store selling artisanal teas via subscription. With seasonal flavors and occasional promotional offers, adjustments to subscriptions are frequent. Instead of manually adjusting each subscriber’s package, PayWhirl’s ability to make bulk edits could allow the store owner to easily shift all subscribers to a winter blend in December, all with just a few clicks. Moreover, the auto-renewal feature ensures that subscribers always receive their tea without the store needing to send out constant reminders.
  2. Centralized Management: With a professional subscription management provider, you can centralize all your subscriptions in one place. PayWhirl offers the best sorting, filtering and bulk subscription editing features to help streamline the administrative load associated with subscription management.

    Example – A magazine publisher offers both digital and print subscriptions with different tiers. Keeping track of these in separate systems could be chaotic. With PayWhirl, the publisher can view, sort, and manage all subscriptions in one unified dashboard, whether it’s a digital-only subscriber in Australia or a print subscriber in New York.
  3. Security and Data Privacy: Dedicated subscription management providers like PayWhirl prioritize data security and privacy. Sensitive financial and personal information is often better protected when it’s entrusted to a professional service. PayWhirl has been certified as, “Built for Shopify” which is the highest level of recognition and achievement that an app can reach in the Shopify ecosystem.

    Example – An online fitness coach with a budding subscription service might not have the resources or expertise to secure payment information adequately. By using PayWhirl, they’re essentially tapping into the robust security measures recognized by “Built for Shopify”, ensuring that clients’ credit card information and personal details are safe.
  4. Customization: Many subscription apps only offer a basic level customization options to tailor their services to your specific needs, but PayWhirl offers a higher degree of customization than most providers. We’ve leveraged nearly 10 years of experience on Shopify to ensure merchants can create nearly every billing frequency, control exactly when and how orders are generated, mitigate churn with retention features and communicate effectively with a dozen built-in notifications.

    Example – A DIY craft box subscription service might want to offer weekly, bi-weekly, monthly, and quarterly boxes, each with different pricing, content and order scheduling. With PayWhirl, they could set up these varied billing frequencies and communicate with subscribers through tailored notifications, ensuring customers are always informed about what’s arriving next.
  5. Scalability: As your business or subscription portfolio grows, managing everything manually becomes increasingly challenging. The last thing a business wants to do is to migrate to another app when things aren’t going well. PayWhirl scales with your needs, offering solutions that remain effective as you expand the number of subscribers and subscriptions offered. PayWhirl offers powerful analytics, statistics and data exports to help businesses grow efficiently.

    Example – A local book club that started with just 10 members decided to offer a monthly book subscription. As word spread and their subscriber base ballooned to thousands, PayWhirl’s analytics and statistics tools allowed them to monitor trends, identify popular genres, and forecast growth, all while ensuring their system didn’t lag or crash with the increased demand.
  6. Retention Features: Some professional subscription management providers offer automatic renewals and event-triggered actions to reduce subscription churn. PayWhirl takes this a step further by offering payment retries to reduce dunning, as well as 12 event-triggered custom emails to reduce subscription churn and automate some of the legwork associated with customer relationship management.

    Example – An online course provider might notice that students occasionally forget to renew their subscriptions or update expired credit card information. Instead of losing these subscribers, PayWhirl’s payment retries could automatically attempt the transaction again after a specified period. Additionally, the event-triggered custom emails can remind students of the course benefits, upcoming modules, or simply check in, all of which could bolster retention rates.
  7. Pricing: PayWhirl’s pricing structure is ingeniously designed to align with the growth trajectory of businesses. Rather than imposing exorbitant fixed costs that might be burdensome for startups or smaller operations, their model ensures that as your business thrives and processes more transactions, the platform’s associated costs become a proportionally smaller fraction of your revenue. This scalability is a testament to their commitment to support businesses of all sizes. Furthermore, with transaction fees dipping as low as 0.75%, PayWhirl stands out as a cost-effective alternative in the market. This low percentage can translate to significant savings when juxtaposed against other platforms that often levy higher transaction charges. In essence, PayWhirl’s pricing not only encourages business growth but also ensures that as businesses scale, they retain a larger chunk of their hard-earned revenue.
professional subscription management provider paywhirl offers bulk edits

Picking the right subscription payment provider

To determine whether Paywhirl is the best subscription payment app for your specific needs, you should conduct a thorough evaluation, consider your business’s unique requirements, and compare it to other similar services in the market. Connect with us via the chat feature at https://app.paywhirl.com we’re here to help!

Discover more from Flexible Payments

Subscribe now to keep reading and get access to the full archive.

Continue reading