Choosing the right affordable loyalty programs can help you save on loyalty management costs. However, it can be hard for many business owners to find loyalty program apps that don’t break the bank.
Do not worry—you have come right here. This blog uncovers the top 10 budget-friendly loyalty solutions that meet your expectations.
Marketing Professor Frederick Newell perfectly captured the essence of loyalty programs when he said:
“In a world of diminishing marginal returns from advertising, loyalty is the holy grail of marketing.”
Loyalty programs are crucial for success, especially for small and medium-sized businesses (SMEs).
Research from Yotpo shows that more than 60% of reward programs make people more loyal to a brand. By giving people rewards, you can get them to choose your business over others.
Customer acquisition costs 5–25 times more than retention. Loyalty programs encourage repeat purchases, which keeps important consumers returning for more.
The press that Fred Reichheld writes about connects reward programs to more sales. It has been shown that keeping 5% more customers can lead to a 25% rise in profits. Because repeat customers pay more.
Loyalty programs go beyond commerce. They collect information about your customers and let you send and receive focused ads and messages. This helps build communities and keep your brand in mind.
That’s why loyalty programs are an essential investment, not a luxury, for SMEs.
Here are some things to look for in the best low-cost reward programs that will help you build brand loyalty without spending a lot of money:
Don’t worry about the fancy parts of your business that you might not use. Some important things about it:
Once you determine what features are most essential, choose affordable reward program applications. Several affordable options provide the basic features small and medium-sized businesses require without excessive monthly charges.
Although loyalty programs are quite beneficial, finding budget-friendly loyalty solutions is crucial. Luckily, many loyalty program app providers provide flexible pricing:
Tiered Pricing:
It may provide several plans with increasing degrees of features and services at fixed costs. Higher levels cost more to reflect their added value.
Smaller businesses may use basic plans with fundamental services but tiered rewards with limited options. Higher levels provide greater flexibility and capabilities but cost more.
Transaction Fee-Based:
This approach charges a small fee for each transaction, like an online shop sale. High-volume sellers will love this, but fees can grow fast, especially if your average order value is low.
Subscription-Based:
You pay a regular fee (monthly, yearly, etc.) with a subscription price.
While cost is a factor, it is not the only one! In the next part, we’ll talk about some more important things you should think about when picking a loyalty program app. This will help you maximize your program and cut hidden expenditures.
Easy use (user-friendly interface) tool should be the first thing you look for in an inexpensive loyalty program. It includes:
This can significantly reduce training costs associated with implementing a new loyalty program.
A one-size-fits-all strategy is seldom effective in business, and loyalty programs are no exception. Here are the customization features you should search for when selecting budget-friendly loyalty solutions:
Not every incentive system customization software is expensive. Choose the best low-cost reward program by considering what you need and how you want to grow.
Many low-cost reward programs have advanced features that let you connect your account online and in-store, like
Seamless integrations are essential for creating a unified customer experience that fosters loyalty.
Even the simplest loyalty program might confuse you or the staff. Check to see if the software has an information base, a phone number, email, and live chat. Choose software with help available 24 hours a day, seven days a week, if you want your prize program to work as well as it can.
Knowledgeable support staff can help you set up a loyalty program faster and more effectively.
Read more: Top 6 Shopify Loyalty Program Features.
This list shows the top 10 loyalty programs app that won’t break your bank.
One of the best free trials and demos of affordable loyalty software for Shopify stores is BON Loyalty.
Rating (2024): 5.0/5.0 ⭐ (1,497+).
Main Features:
Customization Options:
POS integration: Shopify POS, Checkout.
Integration with Review apps:
Other integrations: PageFly Landing Page Builder, Klaviyo: Email Marketing & SMS.
Customer Support: 24/7.
Pricing:
Free Trial: Free installation with a limit of 250 orders/month. No additional charges on orders.
Loyverse Loyalty is the best affordable loyalty program for restaurants.
Rating (2024): 4.8/5.0 ⭐ (452+) on Capterra.com
Main Features
Customization Options:
Integration Capabilities with eCommerce:
Customer Support: 24/7 priority support via online chat.
Pricing: Free trial with managing loyalty program. No extra charges on orders
Smile.io Loyalty requires no code to create a loyalty program; it only takes a few minutes!
Rating (2024): 4.9/5.0 ⭐ (6,077+).
Main Features
Customization Options:
POS integration: Shopify POS, Checkout.
Works with platforms: Shopify, BigCommerce, Wix.
Integration with Review apps: Okendo: Product Reviews & UGC
Integration with Email Marketing apps: Klaviyo: Email Marketing & SMS, Mailchimp.
Customer Support: A specialized staff answers inquiries and provides technical support.
Pricing: Basic package from $49/month for 500 orders.
Free trial with a limited 200 monthly orders. Extra $100 orders cost $20.
Rating (2024): 4.7/5.0 ⭐ (2,507+).
Main Features:
Customization Options:
POS integration: Shopify POS, Checkout.
Works with platforms: Shopify, Adobe Commerce (Magento).
Integration: Yotpo’s ecosystem, Klaviyo: Email Marketing & SMS, SMSbump.
Customer Support 24/7: No.
Pricing:
Free trial with less than 100 monthly orders. $0.20/order after 500 monthly orders.
Zinrelo Loyalty markets itself as an all-in-one tool for reward programs made for medium and big businesses.
Rating (2024): 4.8/5.0 ⭐ (49+) Capterra.com.
Main Features
Customization Options:
POS integration: Shopify POS, Clover POS, Checkout.
Works with platforms: Shopify, Adobe Commerce (Magento).
Integration with marketing tools:
Customer Support 24/7: No.
Pricing: Zinrelo’s monthly costs vary according to company size and goals.
Free trial to set up a Shopify store with 500 loyalty members.
LoyaltyLion itself is a loyalty program solution created only for Shopify shops.
Rating (2024): 4.5/5.0 ⭐ (580+).
Main Features
Customization Options:
Integration with POS System: Shopify POS.
Integration with:
Customer Support 24/7: No.
Pricing:
Free trial starting to below 400 orders. No extra charges on orders
TapMango Customer Loyalty is ideal for businesses with multiple locations.
Rating (2024): 4.8/5.0 ⭐ (160+) on Capterra.com.
Main Features
Customization Options:
Integration with POS system:
Integration Capabilities with eCommerce: Shopify, BigCommerce.
Customer Support 24/7: No.
Pricing: For specific pricing, contact the TapMango sales team.
Free Trial: No. $20 per 100 monthly orders.
Fivestars is ideal for businesses with limited technical expertise.
Rating upload 2024: 4.6/5.0 ⭐ (1,280+) on Capterra.com
Main Features
Customization Options: Customize a reward program with customer-friendly rewards (giveaways, discounts, experiences).
Integration with POS System: Shopify POS, Shopify Flow.
Customer Support 24/7: No.
Pricing: FiveStars provides $109–$199 monthly plans with text message overages.
Free Trial: No. After 150 monthly orders, $0.19/order.
Kangaroo Rewards is a tool that has everything you need to manage a clever reward program.
Rating in 2024: 5.0/5.0 ⭐ (7+ reviews).
Main Features
Customization Options:
Integration with POS System:
Integration with apps:
Customer Support 24/7: No.
Pricing:
Free Trial: No. After 1000 orders, 20 cents per order applies.
Annex Cloud bills itself as a feature-rich loyalty program with no additional fees.
Rating in 2024: 4.2/5.0 ⭐ (80+) on Capterra.com
Main Features
Customization Options: Limited customization.
Integration Capabilities with eCommerce:
Customer Support 24/7: No.
Pricing: Beginning at $15,000 annually.
Free Trial: No.
Affordable loyalty programs offer all the essential features to build powerful customer relationships without breaking the budget. Here is how these loyalty program options (Cost-Conscious) are affordable customer retention strategies for you:
There is a strong link between customer trust and average spending. According to a BIA advisory study, loyal customers spend an amazing 67% more than customers who buy from you for the first time. It costs less to get new customers if you can keep the ones you already have.
This is an affordable strategy for increasing customer lifetime value (CLTV).
A lot of low-cost rewards program apps have built-in analytics that keep track of how customers act and what they like. You can make things better for your customers with this helpful knowledge.
Reward programs that are affordable for small businesses have point systems and simple reporting. Customers appreciate incentives, which strengthens connections. This double victory increases income and frees up resources to attract wonderful customers.
A study by Motista found that people who have a close relationship with a business are three times more likely to recommend it to others. To encourage involvement, loyalty programs provide benefits like:
This boosts consumer loyalty and sets your business up for success in e-commerce.
You can make people more loyal to your brand by making them happy and involved. This leads to more sales since loyal customers are likelier to buy from you again and tell others about your brand.
This will be shown by the success story of a business that chose the right low-cost reward program.
Consumer engagement and sales need loyalty programs in today’s competitive retail market. Ozel Beslenme, a successful online health goods warehouse in Turkey, is led by visionary entrepreneur İsmail Cem Erzincanlı.
Their Challenge:
Even though Ismail’s business had a strong production base, it initially had trouble keeping customers. It was hard to make return orders with over 2,000 things, some of which were fragile, like vitamins and pills. This was made worse because their current reward program wasn’t well known.
Their Solution: Install BON Loyalty – Shopify’s recommended Affordable Loyalty Program.
After looking at a few different choices, İsmail chose BON Loyalty because it had all the features he needed for his business at a price he could afford.
One great thing about BON Loyalty is that it has great customer service, even for the free version.
Özel Beslenme uses a loyalty widget powered by BON Loyalty.
Impressive Results: In Q4 2023, BON Loyalty’s loyalty program redeemed over 500 rewards, generating $13,000 in revenue. This equals a 6% revenue share, a big number in the retail business.
The story of Ismail Cem Erzincanlı with BON Loyalty shows how successful reward programs can help keep customers and bring in more sales. What this case study shows is how digital choices for reward programs have changed the way people shop. Given the right tools, a company can do well even in the most crowded areas.
Read more: Case Study: 7 Best Coffee Rewards Program.
Big businesses are no longer the only ones using customer loyalty programs. The article discusses low-cost options for loyalty programs that will help companies build strong ties with their customers.
BON Loyalty has an option for Shopify. Whether you want easy-to-use platforms, game-like experiences, or smooth links with Shopify. When you start a low-cost program, you can learn useful things about your customers and keep them longer.
Keep checking our blog for further advice on setting up a successful loyalty program.
Small businesses can’t all use the same “best” affordable loyalty programs. The best option for you will depend on your goals and how you model your business.
If you operate primarily online, especially through Shopify, then a program like BON Loyalty could be a great fit. It offers a free trial with a limit of 200 orders and no fees for orders.
In-store companies, especially those with POS systems, must easily integrate their loyalty program. Loyverse Loyalty integrates with major POS systems to streamline business.
Read more: 5 Best Customer Loyalty Programs For Small Businesses.
The price of loyalty program software can vary a lot. Basic plans can cost as little as $25 per month, while enterprise-level solutions with many customization choices can cost over $15,000.
Read more: How Much Does a Shopify Loyalty Program Cost?
Yes. Low-cost loyalty programs are an inexpensive means to get people to buy from you again and build stronger relationships with them.
Read more: Why Small Businesses Should Create Customer Loyalty Programs?
Lindsey Nguyen is a Content Marketing Specialist at BON Loyalty, specializing in digital marketing and eCommerce. At BON Loyalty, she crafts content that empowers Shopify store owners to build and sustain thriving customer relationships through innovative loyalty programs. Her articles, often featured on the BON Loyalty blog, provide valuable strategies and insights that help businesses enhance customer loyalty and increase customer lifetime value.
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