| MMv4 KB |
 |
|
|
Sell Reward Points |
| Last Edited - 05/15/2013 4:48pm PDT | |
| Category Path - Shopping Cart Software Components > Administration Area > Modules > Reward Points | |
|
| In addition to allowing customers to earn Reward Points through purchases, it is possible to sell Reward Points in the storefront. It is possible to sell Reward Points even if other products are configured to not award Reward Points.
Reward Points Module
The first step to selling Reward Points is to set up the Reward Points Module Settings, located at [Modules > Reward Points > Reward Points module Settings].  Reward Points module Settings
If the store already allows customers to earn Reward Points for purchases, and is just adding the option to directly buy Reward Points, then the Earning Reward Points options will not need to be altered from the current settings.
If the store is setting up the Reward Points feature for the first time, then the Earning Reward Points options will need to be reviewed. If customers will be able to earn Reward Points for product purchases in addition to directly buying Reward Points, then the Earning Reward Points options should be completed with values that determine how many Reward Points are earned for normal purchases, and whether expenses such as shipping fees will also generate Reward Points. The Knowledge Base article Reward Points module Settings explains those options. If customers will be able to buy Reward Points, but not gain them in any other way, then the Earning Reward Points options would be completed with very different values. In order to prevent customers from gaining Reward Points through other purchases, simply use the following settings for the Earning Reward Points options:
earning reward points settings to prevent customers from earning reward points through normal purchases
Option 1 Reward Point Formula: Customers earn 0 Reward Point(s) for every $1 spent.
Option 2 Earning Criteria: NO to Product Value, Tax Value, and Shipping Value Option 3 Rounding: When partial Reward Points are earned, round them down The Spending Reward Points section will also need to be reviewed, if the store is setting up the Reward Points feature for the first time. The Spending Reward Points options control the dollar value of each Reward Point, and the minimum and maximum amount of Reward Points that may be redeemed in a single order. These options are also discussed in the Knowledge Base article Reward Points module Settings.
Product Editor
Once the Reward Points module Settings have been configured, the next step is to create a product that will be used to sell Reward Points. Begin by going to [Products > Add a Product]. In the Product Editor, enter the desired product details.
recommended settings for a "reward points" product
Option 2 Name: Reward Points
Option 5 Price: Enter the amount to charge per Reward Point Option 10 Active: YES Option 13 Include in search results?: YES Option 22 Hidden: NO Option 23 Generate Gift Certificate: NO Option 24 Reward Points Options: Override the module's settings... Customers earn Reward Points equal to 1 Reward Points per unit purchased The Knowledge Base article Product Editor includes more information about the various features and options of the Product Editor. Setting up a Reward Points program to allow customers to earn Reward Points through purchases helps to establish customer loyalty and increases the chance of customers returning to make future purchases. And selling Reward Points may lead to a variety of interesting options, such creating events that add free Reward Points to eligible orders, or selling Reward Points as store credits. |