Table of Contents
- Introduction
- How Does Bold Memberships Work?
- How Does Stamped Loyalty & Referrals Work?
- How Much Does Bold Memberships Cost?
- How Much Does Stamped Loyalty & Referrals Cost?
- Cost Analysis: Bold Memberships vs. Stamped Loyalty & Referrals
- User Reviews & Customer Support Insights
- Integrations and Compatibility
- Conclusion
Introduction
Did you know keeping an existing customer is five times cheaper than acquiring a new one, and repeat customers are likely to spend 67% more? It's against this backdrop that loyalty and reward programs are key in fostering customer retention and repeat business. This blog will examine two of such programs designed to help you build customer loyalty: Bold Memberships and Stamped Loyalty & Referrals.
How Does Bold Memberships Work?
Bold Memberships is brought to you by the seasoned team at BOLD. Launched in 2016, this app is designed to help businesses boost customer retention. Members are given exclusive access to products, prices, pages, blogs, and more depending on the tier they subscribe to. This not only gives an added lure for customers to keep coming back, but also provides the potential for businesses to have a predictable recurring revenue stream.
How Does Stamped Loyalty & Referrals Work?
Launched in 2020 by Stamped.io, the Stamped Loyalty & Referrals app provides a robust portfolio of rewards and loyalty features. Its AI-powered Points & Rewards, VIP Tiers, & Referral solutions are designed to deliver immediate value to your customers through a customized loyalty experience, which consequently helps to increase average order value and maximizes customer lifetime value.
How Much Does Bold Memberships Cost?
Bold Memberships offers a competitive pricing structure. Here is a detailed breakdown of each: 1. The 1-50 members plan costs $9.99 a month and is perfect for startups looking to cultivate a loyal clientele. 2. The 51-100 members plan costs $19.99 a month and works well for small to medium businesses. 3. The 101-1000 members plan costs $49.99 a month and targets larger enterprises that already boast a more extensive customer base. 4. For those with more than 1000 members, the plan costs $199.99 a month.
How Much Does Stamped Loyalty & Referrals Cost?
Stamped Loyalty & Referrals also espouses a diverse array of pricing packages. They include: 1. The Lite plan - free forever and suits nascent businesses looking to add a loyalty program. 2. The Premium plan - costs $59 a month and is suited for businesses wanting more customization and integrations. 3. The Business plan - is priced at $179 a month and targets larger businesses with more orders and customization needs. 4. Professional plan - with a price tag of $479 a month, this plan has the most features and as such, is meant for large businesses.
Cost Analysis: Bold Memberships vs. Stamped Loyalty & Referrals
One key value difference between Bold Memberships and Stamped Loyalty & Referral pricing is the adoption of a tiered pricing strategy by Bold Memberships based on the number of members, while Stamped uses a feature-based pricing strategy.
User Reviews & Customer Support Insights
Is Bold Memberships Good?
With an average rating of 4.4 out of 5 stars from 289 reviews, Bold Memberships demonstrates a generally positive user experience. Customers are likely appreciative of the easy navigation and the wide array of customizable options.Is Stamped Loyalty & Referrals Good?
Stamped Loyalty & Referrals also posts a respectable score, earning an average rating of 3.7 out of 5 stars from 128 reviews. The responsive customer support and comprehensive reward functions are likely behind this favorable rating.Integrations and Compatibility
Bold Memberships Integrations:
Bold Memberships integrates with Stripe, Custom & Wholesale Pricing, and Bold Loyalty Points, allowing for a seamless process.Stamped Loyalty & Referrals Integrations:
Stamped Loyalty & Referrals also integrates with various platforms, including Shopify POS, Checkout, Stamped.io, Klaviyo, Zapier, Recharge, and Omnisend, reflecting its flexibility and compatibility with other software.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?
