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Why is Magento 2 Reward Points the #1 Loyalty Program?

Author: Magenest Jsc
by Magenest Jsc
Posted: Dec 18, 2019

For eCommerce businesses, building trust and loyalty is crucial to maintain the flow of customers. But how to grow your brand loyalty effectively? How to keep customers purchasing your products instead of jumping to other brand names? Magento Reward extension is the #1 choice for you.

First of all, let’s start with the definition.

Definition Magento 2 Reward Points

Magento 2 Reward Points extension helps merchants run a comprehensive loyalty program with a flexible point earning rules based on predefined customers’ actions. Shoppers can redeem collected points to earn discounts for orders in your online store.

Enormous Benefits for eCommerce store owners

#1. Increase sales remarkably

Because points equal money, almost all people can’t help buying something from your store: They can use their points to get better prices; and also, earn some new points for the next purchase. These new points will be redeemed in another order. As a result, merchants can boost their sales naturally.

#2. Cut down marketing and advertising costs

Compared to burning your money into costly marketing campaigns, Magento 2 Reward Points provides merchants a more economical way to grow revenue. Do you know that on average, up to 80% of revenue comes from existing customers? The loyalty program by rewarding customers with points will increase your customer retention FREE (except the initial cost to buy the extension).

#3. Grow your customer base intensively

By analyzing how your customers use the points, you can gain much precious information about their shopping behaviors. This will help you redefine your business strategy to fit customer needs, which ultimately improves your business performance overall.

How does Magento 2 Reward Points extension work?

After installing the module in the backend, you need to set up it in the Configuration.

  • Decide which place your reward points are displayed in the frontend: You can choose Category Page/Product detail Page or both.
  • Set the point value: How many points are worth a single currency unit? ( e.g 10 points = 1$ )

Now you can create reward rules based on product attributes and customer behaviors. Also, you can refund orders by points and manage the reward points of all customers in Magento 2 backend.

That’s all: One-time and easy setup for an automated dynamic loyalty program.

For more detail, read User Guide here.

More options to leverage your Magento 2 Reward Points:

  • With Membership Add-on, merchants can create various member tiers to apply different reward rules. This add on will brings your loyalty program to a new level with a comprehensive system for members of your eCommerce store.
  • Refer a Friend Add-on allows customers to refer their friends via referral codes, buyers can earn points by sharing your brand with family and friends without buying anything. This makes customers a part of your business and spreads the brand image to more potential visitors.

Some last words,

Building customer loyalty to your brand is a long journey. But for thousands of businesses worldwide, this task has been much easier with Magento 2 Reward Points extension.

If you have any problem with our module, contact us via support@magenest.com and we’ll reply within 48 hours.

About the Author

Magenest is a full-service system integrator. As a Magento Business Solution Partner, we have created our own ecosystem of Magento 2 extensions to allow fast and high-quality implementation in our projects.

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Author: Magenest Jsc

Magenest Jsc

Member since: Aug 06, 2019
Published articles: 4

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