5 Magento 2 Reward Points Extensions for Loyalty Program in 2023
According to eMarketer, 58.7% of Internet users believe earning rewards and loyalty points is one of the most valued aspects of the shopping experience. Along with the customer’s willingness to share personal details in exchange for better-personalized experiences and incentives, implementing such a program allows brands to:
- Improve customer loyalty
- Encourage the shoppers to make repeat purchases
- Retain existing customers
- Attract new buyers
- Help collect statistics
- Boost sales
If you haven’t implemented a reward points system into your Magento-based site (or had an unsuccessful attempt to do it yet ready to give it another try), we’ve compiled a list of Magento 2 Reward Points extensions that help achieve such a goal and have the potential to become your secret weapon.
So this begs the question:
Benchmarketing We Used for the List
- Developers experience
- Set of the offered features
- Pricing and subscriptions
- The period of the money-back guarantee
What are the Best Extensions for Loyalty?
According to Acquia, 59% of American consumers say that once they are loyal to a company, they remain loyal to it for life.
As customer acquisition costs times more than retaining shoppers and with the growing number of educated consumers who have expectations, it’s essential to craft a loyalty system that allows your business to stand out and establish a lifelong connection with shoppers.
The following Magento 2 reward points extensions are time-and-tested solutions that can bring the flexibility your out-of-the-box set of features is likely missing.
Mageworx’s Reward Points opens our list of extensions as one of the most trusted and feature-rich modules available on the Magento Marketplace.
The vendor made itself a name back in the days of Magento 1, and keeps growing the number of its loyal users thanks to the clean-coded solutions and stellar customer care it offers.
Top 5 features:
- Rewarding customers with points for performing specific activities: placing an order, registration, making a purchase, etc.
- Building multiple rule conditions, including conditions for specific products in the cart.
- Multiple points calculation options, including offering points for purchases that consist of a specific number of items or cost more than a specific sum.
- Setting expiration dates for reward points.
- Automatic email notifications through all the changes and activities within the rewards program.
Pricing:
$199 Magento Open Source; $398 Magento Commerce and Commerce on Cloud.
Subscriptions:
None
Updates & support:
1 year of free updates and support; second year and onwards — list price x 60% – discount (if any).
Money-back guarantee:
60 days
BSS Commerce Reward Points
Here’s another Magento 2 extension that allows you to launch a successful loyalty program. According to the stats shared by the developer, 40% of entire sales in eCommerce come from loyalty program members, making it a must to create an outstanding loyalty program for your business too.
The extension comes with all the basic features required to launch a loyalty program, including customer rewards for regustration, specific cart quantity, review submission, newsletter subscription, etc.
Top 5 features:
- Assigning a specific number of points the customers can earn to specific products
- Handy process of applying points at the checkout for the customers
- Smart dealing with returns using reward points
- ‘My rewards’ block in the ‘My account’ section with details on the points balance and its changes
- Setting the maximum number of points the customers can use to cover the cost of their purchases
Pricing:
$199 Magento Open Source; no option to choose Magento Commerce or Commerce on Cloud edition, and their pricing is available on the company’s product page.
Subscriptions:
None
Updates & support:
1 year of free support; lifetime updates.
Money-back guarantee:
30 days
Magenest Reward Points
Notably, this third-party extension has two tiers — standard and plus — with pricing variations. The Plus version will include all the features of the standard version and the ability to create membership tiers above all.
With the toolbelt, this Magento 2 loyalty module comes with, it can be a reliable option to consider.
Top 5 features:
- Flexible points-earning rules, including beahvior and catalog rules
- Points display on category and product pages
- Dedicated page to include a rewards policy
- Offering points for referrals
- Email notifications about balance changes
Pricing:
$199 Magento Open Source. No information about the pricing for other Magento editions is currently available.
Subscriptions:
None
Updates & support:
Free lifetime updates for all paid products and a 6-month period of free support.
Money-back guarantee:
30 days
Webkul Reward Points
This developer offers another alternative of a Magento 2 Reward Points extension your business could potentially benefit from.
The module offers the most basic functionality required to launch and manage a loyalty program in 2023. In particular, you will be able to reward buyers with points for both purchases and on-site activities and let them redeem the earned points at the checkout.
Top 5 features:
- Handy reward points tracking and management
- Multiple loyalty rules for the customers
- Points redemption on the checkout stage
- Offering reward points for registration, Birthday, sharing feedback, purchasing specific products from specific categories, cart amount, etc.
- Reports exportin a CSV or XML files
Pricing:
$89 Magento Open Source; $178 Magento Commerce and Commerce on Cloud.
Subscriptions:
None
Updates & support:
Lifetime free upgrade.
Money-back guarantee:
30 days
Reward Points Pro by Mageworld
Here’s the last but not least extension on our list. The solution comes with all the must-have features required to launch and run a rewards program in Magento 2.
With over 11 years on the market, this Vietnam-based brand offers time-proven modules designed to advance the out-of-the-box functionality of a Magento-based business.
Top 5 features:
- Rewarding customers’ special behaviors, such as Facebook likes, Birthdays, purchases, referrals, etc.
- Offering credits based on various rules triggered by products, brands, categories, total purchase amount, etc.
- Handy reward points tracking and management
- Settings points exchange rates
- Customizing your rewards program details following the business needs
Pricing:
$149 Magento Open Source; $498 Magento Commerce and Commerce on Cloud.
Subscriptions:
None
Updates & support:
Lifetime updates and free support.
Money-back guarantee:
90 days
Conclusion
We hope this article has helped you have a change of heart with running a reward points program. Indeed, in 2023, the advantages of investing in constructing, launching, and running a loyalty program outweigh any possible drawbacks.
Selecting a Magento extension that can meet your business goals is not an easy endeavor. (Though it should be the easiest one). We hope our cherry-picked list will help you have a quick look at the most noteworthy solutions and their toolbelts and make the best decision.
And don’t pass over loyalty marketing, as its value for your business increases day in, and day out.