With subscription rental, a customer pays monthly for access to a single product. This is great for high-value products like phones and household appliances, especially those customers regularly upgrade.
How subscription rental works
When a customer chooses a subscription rental plan, their card is billed for the price of the subscription on each billing interval until the item is returned. As part of the subscription rental plan, the customer commits to a minimum rental period. They will not be able to initiate a return before their minimum rental period is up but you as the merchant can initiate an early return on their behalf. Subscriptions can be billed on whatever interval you choose. The same interval must be used across all subscription rental products on your store.Getting ready for subscription rental
To get your store ready for subscription rental, you should make sure you’ve done at least all of the steps below.Import products
Import products from Shopify and create Supercycle inventory
Choose start/end settings
Set your store-wide billing start and end settings subscription products
Create deposits
Create deposit amounts to be assigned to different subscription products
Set up products
Enable products for subscription rental and set up their pricing
Add subscription rental block
Display the subscription rental purchasing option on product pages
Billing management
Once you have your first subscriptions, use our billing management tools to reconcile customers’ payments