Table of Contents
- Introduction
- How Does Bold Memberships Work?
- How Does FreshCredit ‑ Store Credit Work?
- How Much Does Bold Memberships Cost?
- How Much Does FreshCredit ‑ Store Credit Cost?
- Cost Analysis: Bold Memberships vs. FreshCredit ‑ Store Credit
- User Reviews & Customer Support Insights
- Conclusion
Introduction
Did you know that a 5% increase in customer loyalty can increase the average profit per customer by 25-100%? Without a doubt, fostering customer loyalty is crucial for every e-commerce business. Loyalty programs or rewards schemes go a long way in achieving this. Today, we will be discussing two prominent apps that aid this purpose - Bold Memberships and FreshCredit – Store Credit. Both of these apps are designed to enhance customer loyalty and promote repeat business. Let’s dive in further to understand how they work.
How Does Bold Memberships Work?
The Bold Memberships app by the developers at BOLD intends to solve the challenges associated with customer retention. By allowing customers to subscribe to your brand with recurring billing, the app helps businesses set up their very own membership program. You may charge any recurring fee and regulate access to products, pages, prices, and blog posts based on membership status. For instance, a startup trying to create an exclusive customer circle can benefit from Bold Memberships. At the same time, a large enterprise can strategically alter access to content for its members, creating a personalized shopping experience.
How Does FreshCredit ‑ Store Credit Work?
FreshCredit – Store Credit by ByteStand aims to reclaim potential lost revenue from shopping returns by offering store credit. The app enables customers to continue shopping even after making a return, which indirectly encourages repeat purchases and fosters brand loyalty. Like Bold Memberships, FreshCredit can be tailor-fit to cater to businesses of any size. The easy redemption process makes the app an attractive alternative to the usual refunds, coupons, or promo codes.
How Much Does Bold Memberships Cost?
When it comes to choosing a loyalty and rewards app, pricing plays a huge part. Bold Memberships offers four pricing plans, starting at $9.99/month for 1-50 members. Each plan covers different numbers of members, catering to businesses of varying sizes. The $199.99/month plan, for instance, targets larger businesses with 1001-5000 members. All the plans include a 1% transaction fee.
How Much Does FreshCredit ‑ Store Credit Cost?
Like Bold Memberships, FreshCredit – Store Credit also provides cost structure flexibility. The app offers three pricing plans. The starting price is $15/month, which allows the management of up to 5,000 customers’ credit balance. The pricing goes up to $45/month for up to 50,000 customers.
Cost Analysis: Bold Memberships vs. FreshCredit ‑ Store Credit
Bold Memberships and FreshCredit ‑ Store Credit have similar pricing structures when catering for a small number of customers or members. However, business owners might find more cost-effective solutions in relation to the number of customers served with FreshCredit compared to Bold Memberships.
User Reviews & Customer Support Insights
Is Bold Memberships Good?
Considering the average rating of 4.4 stars from 289 reviews, Bold Memberships seems to be efficient. We can infer that users appreciate the flexibility of the membership program, which enables them to provide customized experiences to their customers.Is FreshCredit ‑ Store Credit Good?
FreshCredit – Store Credit also enjoys an average rating of 4.4 stars but from 104 reviews. Judging from the app's features, users probably appreciate the straightforward nature of store credit, which simplifies exchanges and encourages further purchases.Which App is Better According to Users?
Both apps have the same average rating, but Bold Memberships has a larger number of reviews, which can provide a more reliable reflection of its performance.Integrations and Compatibility
Bold Memberships Integrations:
For Bold Memberships, integration with platforms like Stripe, Custom & Wholesale Pricing, and Bold Loyalty Points allow a seamless shopping and payment experience for users, aiding customer retention.FreshCredit ‑ Store Credit Integrations:
The integration capabilities of FreshCredit – Store Credit are currently unavailable, however, the simplicity of the store credit system makes it a valuable standalone addition to any Shopify store.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?
