Published
|
Jun 8, 2023

Simplify Rewards Redemption: Introducing our Shopify Checkout UI Extension

Drive business growth and foster customer relationships with our game-changing Shopify Checkout Extension. Redeem rewards effortlessly at checkout.

Reward Strategy

We are excited to announce the release of our latest feature: the point redemption checkout UI extension for Shopify Plus clients. With this powerful tool, you can enhance your customer's checkout experience and optimize the use of your loyalty program.

Now, it's easier than ever for customers to redeem their rewards directly from the checkout page. By integrating our extension into your Shopify checkout, via the Shopify checkout customization settings, you can provide a seamless and intuitive redemption process and increase your brand's redemption rate.

Members of your loyalty program can select their desired reward based on the points they want to redeem. For example, they can choose a £5 discount that costs 2 points or opt for free shipping for 300 points, depending on their desired reward at that stage. The redemption cost is fully customizable, allowing you to tailor it to your business.

To manage the redemption cost of rewards, head to the Influence.io Dashboard. This powerful tool empowers you to strike the balance between customer satisfaction and business profitability. You have complete control over the reward options and their associated costs, enabling you to create a personalized and engaging checkout experience.

Unlock the full potential of your loyalty program and elevate your customer experience with our Shopify Checkout Extension here at Influence.io. By offering your customers the ability to redeem rewards at checkout, you can foster long-lasting relationships and drive business growth.

Measuring your redemption rate is crucial because it tells you how well your loyalty program performs. If your rate is low, it might be time to rethink your strategy or change how points are earned and redeemed. Don't worry if your rate is below 20% because the average redemption rate for most programs is around 13.67%. To show you why our UI Extension benefits your loyalty program, let's check out three examples of how our clients' redemption rates improved after adding the option for customers to redeem rewards directly on the Shopify Checkout page.

Let's begin with an example demonstrating the impact of not having the checkout extension. We have a customer who currently experiences a low redemption rate, highlighting the difference it can make when the option to redeem rewards directly during checkout isn't added.

Next, we have a client with an average redemption rate. As aforementioned, the average redemption rate for loyalty programs is approximately 13.67%, so this is what you'd expect to see. Again, this client is not using the extension.

Whereas, our client that enabled their customers to redeem points during the checkout process saw their redemption rate shoot up to 33%
These examples clearly show the benefits of our checkout extension.

More customers are using their points while making purchases, which adds value to your loyalty program and keeps customers coming back for more. Plus, our Analytics section in the dashboard lets you keep track of redemption rates over different time periods like the last 7 days or 30 days. You can even create custom datasets for more in-depth analysis.

Merchants with a Shopify Plus account can take advantage of this game-changing feature. Discover the power of Influence.io's point redemption checkout UI extension and revolutionize your customer's checkout journey.

Stay tuned for more updates and innovations from Influence.io as we continue to empower businesses like yours with cutting-edge solutions. Visit our website for more information and to get started with the Shopify Checkout Extension. Shopify Plus users only.

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