Resources — Store Credit

Flits team is always working on improving existing features and adding new features. We have now come up with another feature in our Store credit module. This feature will help merchants streamline their credit distribution process and also boost sales instantly.   What is Bonus credit?   Let’s say on a particular day you are feeling generous because you had a bumper sale the previous month; you may wish to share that generosity with your customers. But you want to keep this reward for a limited period to create a Sense of Urgency. This is precisely where our Bonus credit...

  Store credits are an essential feature of any e-commerce business. Be it in the form of e-wallet or Points. Flits app also provides a Store credit feature. You can read more about Store credit here. Apart from customer retention, merchants have been using Credits to offer other facilities to customers.   Shopify Store: Lensfit Lensfit is a leading brand that is a technology-focused online retailer of prescription and fashion eyewear.   Problem: Manage Sales data of Physical stores along with the online store   Solution: Lensfit has a rather exciting usage when it comes to the Store credit module....

When a customer hears a 'Limited period offer', to him/her, it means exclusivity. It means that if I don't act on this now, I may lose a fantastic deal. Words like ‘’Hurry before stocks run out’’ and ‘’Last chance’’ trigger a sense of urgency in the mind of the customer. If something is a limited edition even if it is highly-priced people are tempted to buy it. The factor that they are one of the few people who possess that item has a certain charm.   Limited time offers are rooted in the psychological phenomenon known as Loss aversion, which...

   Reward programs have proven to be a masterstroke for enhancing customer acquisition and boosting revenue. According to a survey, 84% of customers tend to stick to the brand due to reward or loyalty programs. Reward Programs even bring about a change in the spending behavior of customers. “Make a purchase of $100 and earn 5 credits!” “Spend $500 and get 50 credits!” These are some of the most common loyalty programs that we find associated with different brands. At Flits, we decided to do something different. With a view to benefit the merchants associated with us, we have designed a special loyalty...