Reward is a way of saying that “we appreciate”. When your customers purchase a product or get some paid service from your site then a certain amount of point is awarded. These points can be used by the customer to buy something else in future. This way it encourages the customers to place an order for other products since they will be using their reward points that they have gained which would automatically decrease the cost price and the business shall also flourish. With the Reward Point Management system the administrator (that is you) will be able to keep track of the reward points of each and every user and also see how much reward points has been used and how much is left.
The Dashboard's Incentive & Loyalty Points Management system allows you to create your own points-based incentives, promotions and loyalty system to reward your visitors, customers and members for purchases, promoting your site, engaging in feedback, taking tests, and much more. Create your own viral grass roots marketing system, or street team system, to offer rewards to your most loyal members in exchange for promoting your website throughout the internet. Similar to a frequent flyer program, your rewards system will keep your customers coming back as they build their points and redeem them on your ecommerce site in your online auctions. Incentives, points and rewards create the ultimate promotional tools, rewarding frequent purchasers, new customers and your own internet marketing street team to virally promote your products and services.
Many businesses confuse loyalty programs with reward programs. A reward program is a customer retention strategy, not a loyalty strategy. You entice people to transact again with your company based on a reward or an incentive. Loyalty programs trump reward programs.
Why should we provide Reward point to our customer?
The strategy/ Fanda is simple: Give high-paying customers an incentive, and they'll come back and buy more. That way, you boost sales, find new customers through referrals and lower your costs of marketing and customer acquisition. So how do you accomplish this? By figuring out who your best customers are and what motivates them to buy. Once you know that, you can add incentives to make it worth their while to buy more.
How You Can Use It:
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Reward customers for purchasing online in your ecommerce store.
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Reward members for renewing paid subscriptions
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Incentively viral "tell a friend" activity by offering reward points
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Create click-through contests and offer points as prizes
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Create promotions online for almost any activity
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Reward member participation with points based auctions
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Offer points for offline marketing and street team activities by allowing members to upload photographs of flyers, in-store promotions and direct marketing
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Show "Points Leaders" to motivate participation
How It Works:
Points are an integral part of incentive to your users and a great way of rewarding user activity. Points can be integrated into every marketing and promotions feature. Use the Loyalty Points System as a viral component to drive traffic back to your site, increase your registrants, excellent motivation to promote specific campaigns, auctions, contests, more!
You create activities for participation and set the points awards levels. Users are motivated to earn the points to be redeemed in various ways. Points redeeming examples include:
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Redeem in auction
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Redeem in store
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Redeem for gift certificate
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Redeem for membership renewal
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Redeem to enter a contest
Our Team at Cyber Astro Technology will integrate the Payment Gateway software with your website to carry on line transaction safely and securely with advanced security system and reliable transactions.
For further details and queries please fill our Customer Care Form or mail at vikrant@cyberastro.com
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