Table of Contents
- Introduction
- How Does Rivo: Loyalty & Referrals Work?
- How Does Bold Memberships Work?
- How Much Does Rivo: Loyalty & Referrals Cost?
- How Much Does Bold Memberships Cost?
- Cost Analysis: Rivo: Loyalty & Referrals vs. Bold Memberships
- User Reviews & Customer Support Insights
- Integrations and Compatibility
- Conclusion
Introduction
Did you know that retaining an existing customer is five to 25 times cheaper than acquiring a new one? And that's not all: loyal customers also tend to spend more and refer more business. That's the power of loyalty programs, a potent tool in any company's repertoire. Speaking of power tools, the apps Rivo: Loyalty & Referrals and Bold Memberships have been making waves in the world of e-commerce, helping businesses win customer loyalty and repeat business.
How Does Rivo: Loyalty & Referrals Work?
Developed by Rivo, Rivo: Loyalty & Referrals is designed to increase customer lifetime value (LTV) and repeat rate. It is a feature-rich platform tailored for growing Direct-to-Customer (DTC) businesses. Need to reward your customers with points or referrals? Rivo has got you covered. What about granting your customers VIP status? That's there too. To top it off, Rivo provides world-class 24/7 live chat support and integrates smoothly with your existing e-commerce stack. One would wonder what Rivo can't do with their ever-evolving weekly updates.
How Does Bold Memberships Work?
Bold Memberships by BOLD allows you to run a membership-based business model right from your Shopify store. It primarily enables businesses to offer recurring memberships, activating new revenue streams. With Bold Memberships, you can hide or show products, prices, pages, and more based on a customer's membership status. Does your business have different membership tiers? Bold Memberships has you covered—you can offer differential experiences based on membership levels with their tiers system.
How Much Does Rivo: Loyalty & Referrals Cost?
Rivo: Loyalty & Referrals operates on a tiered pricing model: 1. Starter: Priced at $49/month, it allows processing of up to 500 monthly orders, Advanced Rewards, Loyalty Page Builder, Prompts, and integration with one app. 2. Growth: For $189/month, it enables up to 1,000 monthly orders processed, VIP Tiers, Points Expiry, Custom CSS & Icons, and two app integrations. 3. Premium: At $349/month, businesses can process up to 3,000 monthly orders, access Custom Actions, Dedicated Account Manager, API, and Developer Toolkit.
How Much Does Bold Memberships Cost?
Bold Memberships is priced per the number of memberships: 1. 1-50 Members: The cost is $9.99/month with a 1% transaction fee. 2. 51-100 Members: This plan is $19.99/month, again with a 1% transaction fee. 3. 101-1000 Members: Priced at $49.99/month and includes a 1% transaction fee. 4. 1001-5000 members: The price for this range is $199.99/month.
Cost Analysis: Rivo: Loyalty & Referrals vs. Bold Memberships
Both apps operate on a monthly pricing model, but they differ significantly in their approach. Rivo focuses on the volume of orders, while Bold prices based on the number of memberships. Business owners must choose based on their specific needs and operational scale.
User Reviews & Customer Support Insights
Is Rivo: Loyalty & Referrals Good?
With an impressive average rating of 4.9 from 1831 reviews, Rivo: Loyalty & Referrals appears to be well-liked by users. One can guess that its wide array of features and excellent customer service contribute to its popularity.Is Bold Memberships Good?
Bold Memberships, with its average rating of 4.4 based on 289 reviews, also enjoys its share of happy users. Its focus on providing various customer segments with different membership perks could have been a standout point.Which App is Better According to Users?
Rivo: Loyalty & Referrals has a slight edge in terms of user popularity based on the average rating. However, each app's suitability ultimately depends on a business's specific needs and operational capacities.Integrations and Compatibility
Rivo: Loyalty & Referrals Integrations:
Rivo: Loyalty & Referrals integrates with popular platforms like Shopify POS, Checkout, Shopify Flow, Klaviyo, Gorgias, Mailchimp, Postscript, Attentive, and Sendlane.Bold Memberships Integrations:
Bold Memberships plays well with Stripe, Custom & Wholesale Pricing, and Bold Loyalty Points, offering businesses a myriad of tools for customer interactions.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?
