Store Credit |
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modaxpressplus
Newbie Joined: 07-April-2010 Location: Miami, FL Status: Offline Points: 0 |
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Posted: 11-May-2010 at 6:36pm |
We started using PC BTO apparel add-on about 3 months ago and we are pleased with many good functions and add-ons, however considering the cost of PC BTO plus add-ons (almost $2,000 per one license) we would expect a "Store Credit" option built into Apparel add-on, witch is a must have option for every apparel store! Every shopping card priced at $199.00 and up has it. Customers often return purchased items in reasons of sizes and such. We are loosing a sale, and we are loosing money because we can not offer a "Store Credit" for a customer. We only can offer a "Coupon Code" or "Gift Certificate". But a customer wants to see his/hers money on their account. All the time customers are going for a "Refund" instead of "Coupon Code" or "Gift Certificate". And we (merchants) are loosing sale on every "return" transaction! We wanted to custom add this option, but we understand that with the last upgrade it could be very and very complicated. It would be very logical to purchase Apparel Add-on with built in "Store Credit" option. Another words: there is no Apparel Store without a "Store Credit"!
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ProductCart
Admin Group ProductCart Team Joined: 01-October-2003 Status: Offline Points: 135 |
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Actually, we have sold hundreds of Apparel Add-on licenses and this feature has virtually never come up (in fact, I don't believe it's even in our internal development Wish List).
That said, it is certainly a good idea and we will take it into account for future versions. One way around the problem is to use the Reward Points system as "Store Credits": - Name "Reward Points" something like "Store Credits" - Customers would NOT accrue Store Credits while purchasing (i.e. assign 0 "Store Credits" to ALL products) - Customers would be given Store Credits only manually, by the store administrator, via the Edit Customer page in the Control Panel. - Customers with a positive Store Credit balance will be able to use the credit during checkout. - The Conversion Rate would be 100% (1 Store Credit = $1). We hope this helps! Edited by earlyimp - 11-May-2010 at 6:44pm |
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katharina
Senior Member Joined: 25-October-2005 Location: United States Status: Offline Points: 0 |
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We don't have many returns in our store so we usually just credit their credit card. We had, however, a few instances where we simply issued a coupon. One of them would be a returned gift order. Here we cannot refund money to the one that received the gift, so we just issue a coupon. That being said I like the idea of issuing store credit, even if it would only be for a few orders. At the same time I think the Reward points would work well. Simply call it reward points and store credits. Show the points once logged in with its dollar value right below the name. As a retailer we can always add points to a customer's account even if 100 point equal 3 dollars. We can do the math. Another thing I like to see is the reward points earned followed by reward points used on this order in the table showing previous orders.
Katharina |
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Katharina
******************* www.GermanPlaza.com ******************* |
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modaxpressplus
Newbie Joined: 07-April-2010 Location: Miami, FL Status: Offline Points: 0 |
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We do use "Reward Points" as a referral points and points for made purchases. That said we do not have any options...
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ProductCart
Admin Group ProductCart Team Joined: 01-October-2003 Status: Offline Points: 135 |
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Then you simply need to add to that customer's existing "Reward Points" balance a number of points that equals the store credit that you need to provide to them.
For example: - Conversion rate = 10% - Store credit to give to customer = $15 - You add 150 "Reward Points" to the customer's account and you're done Edited by earlyimp - 11-May-2010 at 7:16pm |
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Reward Points. That is a interesting and creative solution to this.
What do you think, Alex? We had looked into building an actual store credit system, but with the OPC in v4 it would be very complex to weave this in -- esp. given that a customer may need/want to only use a portion of that available credit on a given order. Seems to me that reward points would essentially take care of this. As for Alex's comment that "every shopping cart priced at $199 and up has [store credit]", I have never seen a shopping cart that ships with such a feature. Edited by Sean@WMS - 11-May-2010 at 8:04pm |
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modaxpressplus
Newbie Joined: 07-April-2010 Location: Miami, FL Status: Offline Points: 0 |
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Sean,
It is a good idea to use "Reward Points" as a "Store Credit", but can you name just one respected apparel store who can not issue a "Store Credit" for a customer and will just dance around with points or something else? We are trying to present our web sites as a professional and trustful business, even we can not spend thousands of dollars for SAP or else... As for a shopping carts priced at $199.00 and up it is not the right forum to name just 8-10 of them. But, they are out there. |
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katharina
Senior Member Joined: 25-October-2005 Location: United States Status: Offline Points: 0 |
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I'm just giving out my thoughts on this so please don't take it bad. Example I go to Macys buy something and don't like. I bring it back and actually expect a refund on my credit card. I would be really ticked off if they tell me sorry but here is a store credit instead. Especially if I very seldom shop there or if it is a long drive away. Most stores will refund your credit card and that is the end of it. By granting store credit you are keeping money you have not really earned and how do you deal with it if a customer doesn't come back for the next 5 years? Do you contact them and send them a check? As a retailer I rather close the book on the return and move on. That being said we only refund the amount of the merchandise, not the shipping or return shipping. We also charge a restocking fee, if the item is not returned in original condition including packaging material. Food items are excluded from returns. You are saying you are loosing money on returns. Well its not your money when an items gets returned. Sorry to say that, but again this is my thought on it. I think you may alienate some customers by just giving them store credit. I've purchased clothing/shoes over the Internet (my husbands shoe size is 13EEE) and have always received a refund on items that did not fit, less the shipping of course. I like the idea of store credit, but again the only scenario I can see for our store is a returned gift order by the person who received the gift. This may explain why many PC users have not asked for a store credit feature in this forum. I like to have the option, but I can easily live without it. Anyway this was my extended thought on this idea.
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Katharina
******************* www.GermanPlaza.com ******************* |
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ProductCart
Admin Group ProductCart Team Joined: 01-October-2003 Status: Offline Points: 135 |
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Katharina, you are absolutely right.
Store credits are more and more infrequent in the retail world because they royally upset the customer (and it has never happened to me personally to see one used on an e-commerce store that I have shopped at). Customer expectations are exactly the ones you indicated in your message, and you are right in saying that this is probably the very reason why this feature has virtually never come up as a request by other store managers using ProductCart. Massimo Edited by earlyimp - 11-May-2010 at 11:23pm |
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cpgmar
Newbie Joined: 04-December-2005 Location: United States Status: Offline Points: 2 |
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We actually normally issue refunds on our broken or damaged live plants but we occasionally need to issue a store credit. We did a little fix by adding a note to the customer account which is removed after they order again. I love the idea of using the Rewards program for this as we don't use it at all at this point. It will be easy to adapt to our uses. Thanks EI !
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Cindy
The Tasteful Garden www.tastefulgarden.com |
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