Table of Contents
- Introduction
- How Does Loyalty, Rewards & Referrals Work?
- How Does Bold Memberships Work?
- How Much Does Loyalty, Rewards & Referrals Cost?
- How Much Does Bold Memberships Cost?
- Cost Analysis: Loyalty, Rewards & Referrals vs. Bold Memberships
- Conclusion
Introduction
Before learning how to drive new traffic to your online store, it's important to understand that returning customers spend up to 67% more than new customers. This emphasizes the importance of fostering customer loyalty and repeat business. Businesses achieve this in many ways, but primarily through loyalty and rewards programs. And if you are running your e-commerce store on Shopify, two popular apps are here to help you - Loyalty, Rewards & Referrals and Bold Memberships.
How Does Loyalty, Rewards & Referrals Work?
Developed by S Loyalty, Loyalty, Rewards & Referrals is designed to boost customer retention by creating deeper connections with customers. It offers rewards, personalized bonuses, and points-based campaigns giving customers more reasons to return. The app supports multi-language, aiding businesses that cater to different regions around the globe. It allows you to offer birthday bonuses and shopper notifications which help in engaging customers. Perks like free shipping, holiday bonuses, special points events, extra point campaigns are some of its standout features that add value for the customers. If your startup is looking to encourage repeat business, the free tier of this app offers features compatible with that stage of business growth. As you expand to handle up to 1000 monthly orders, the app grows with you, offering advanced options like points and codes expiration.
How Does Bold Memberships Work?
Bold Memberships by Bold offers a different approach to customer loyalty. This app allows you to sell recurring memberships to your brand! It is a comprehensive tool that allows you to decide what your members see, offering them exclusive access to products, pages, buy buttons, prices, and blog posts. For startups, the simplicity of having a plan suitable for 1-50 members helps to focus on developing the business. As the business grows, the app offers different pricing tiers to cater to a wider customer segment. Bold Memberships also offers integrations with Stripe, Custom & Wholesale Pricing, Bold Loyalty Points, allowing it to fit comfortably into your business operations.
How Much Does Loyalty, Rewards & Referrals Cost?
Loyalty, Rewards & Referrals offers four distinct pricing plans, tailored to different business sizes. While the free plan is geared towards startups with less than 100 orders per month, the basic plan at $19.99 a month, with features such as a bonus points campaign, caters to small to medium businesses. For larger enterprises, the Higher Volume package offers premium features for $199.99 per month, providing priorities email support and free loyalty interfaces designs, among others. There are no hidden fees associated with any of the plans.
How Much Does Bold Memberships Cost?
Bold Memberships’ pricing, similar to Loyalty, Rewards & Referrals is tiered according to the number of members a business has. Subscription plans start from $9.99/month for 1-50 members, with a 1% transaction fee. The pricing steadily increases as the number of members increases, reaching $199.99/month for 1001-5000 members. The price for more than 5000 members is flexible depending on your specific business needs.
Cost Analysis: Loyalty, Rewards & Referrals vs. Bold Memberships
At $19.99 a month for small to medium businesses, Loyalty, Rewards & Referrals generally seem more affordable than Bold Memberships. However, businesses need to factor in the value proposition of each software. Bold Memberships, with its exceptional functionality and supportive user interface, is worth the investment for businesses desiring a comprehensive membership program.
Is Loyalty, Rewards & Referrals Good?
Loyalty, Rewards & Referrals holds a strong average rating of 4.6 stars from 768 reviews, suggesting a high user satisfaction. Although we do not have specific user testimonials, the rating might suggest that users appreciate the app's robust rewards program, easy integration, and the various tools that it puts at their disposal. The value of great customer support cannot be understated and S Loyalty seems to recognize this, as evidenced by including priority email support in their premium plan.Is Bold Memberships Good?
Bold Memberships, with an average rating of 4.4 stars from 289 users, also offers a good user experience. Features such as member access, dynamic content, and built-in recurring payments appear to resonate well with its users. The visible priority placed on robust customer support adds to its appeal.Which App is Better according to users?
Loyalty, Rewards & Referrals has a slightly higher average review score and more reviews overall. However, the difference in rating scores is marginal, and Bold Memberships also has plenty of positive feedback. Different businesses have different needs, and what works for one might not work as well for another.Integrations and Compatibility
Loyalty, Rewards & Referrals Integrations:
Loyalty, Rewards & Referrals integrates seamlessly with ReferralCandy, Weglot, and Langify. Integration with ReferralCandy, a customer referral platform, can provide a significant boost to your customer acquisition. On the other side, Weglot and Langify offer translation services, thus, enhancing the global reach of your store.Bold Memberships Integrations:
Bold Memberships integrates with Stripe for payment processing, Custom & Wholesale Pricing for dynamic pricing, and Bold Loyalty Points for a comprehensive loyalty program. These seamless integration capabilities coupled with the dynamic membership services, enhance the overall value of Bold Memberships.Our Top Recommendations For Your Store
While loyalty and rewards programs are key to retaining customers, other tools can also play a significant role in enhancing customer engagement and trust. Here are three apps that can help you build a stronger connection with your customers:
SC Conjured Referrals
Encourage your customers to become brand advocates with SC Conjured Referrals. This app helps you create a referral program that rewards your customers for sharing your products. It’s user-friendly and integrates directly with your Shopify admin, offering a free plan with more robust options starting at $19/month. Merchants appreciate its straightforward setup and the positive impact on sales.
Want to harness the power of word-of-mouth? Try out SC Conjured Referrals today.
Hulk Mobile App Builder
Beyond loyalty programs, providing a seamless mobile shopping experience can significantly increase customer retention. The Hulk Mobile App Builder allows you to create a native mobile app for your Shopify store without any coding. With features like real-time push notifications and a comprehensive dashboard, starting at $79/month, it's a valuable asset for any merchant looking to boost mobile engagement.
Ready to go mobile? Build your app with Hulk Mobile App Builder.
Opinew Product Reviews App UGC
Trust is essential in ecommerce, and displaying authentic customer reviews can help establish that trust. Opinew Product Reviews App UGC enables you to collect and showcase customer reviews, including photo and video reviews. This app offers a free plan and advanced features from $19/month, making it a favorite for its user-friendly interface and excellent customer support.
Looking to build trust with reviews? Start with Opinew today.
Each of these apps offers unique features that can help you improve customer engagement and trust, which are crucial for building loyalty. Which one will you integrate into your Shopify store first?
