If you have been reading this blog for any time now, you probably have heard me say that repeat buyers are the key to making more money! You can have new products that generate new customers, but its the repeat buyers that will grow your business. So how do you get them back to your listings? Well, there’s an app for that.
It’s no secret that businesses use reward systems to get you back into their stores. You may have a few key chains right now that belong to a store, but you go back daily or weekly and scan your little card to get some type of savings. Businesses offer that because it makes a customer “sticky”, meaning that they will not want to leave their business.
Did you know that you can do the same thing for your customer on eBay? Yep, its true. My Store Rewards offers you a FREE way to make your customers “sticky”, and offer them a rewards program that will increase your repeat sales rate by 300 percent!
Here is how it workds directly from eBays app page:
“How does it work?
Once you sign-up, MyStoreRewards will automatically place a small reward image into your eBay listings so your buyers can see how they will earn cash-back rewards for becoming a loyal buyer to you.
Once they buy, MyStoreRewards will send your buyer a single invitation email inviting them to join your MyStoreRewards program. All of this is approved by eBay. Your buyer opts to join by clicking a link from the invite email. Once they join, MyStoreRewards helps you drive repeat sales by automatically sending each opted-in buyer a custom email every 10 days promoting your other eBay items.
The items are intelligently chosen automatically for each buyer based on their last purchase. You choose the cash-back reward amounts to give to your buyers. The rewards are better than coupons, they are earned only after a purchase. 72 hours after purchase your buyer gets their cash-back reward from you. This is YOUR program, so you choose the cash-back reward based on their total payment to you (product plus shipping), minimum 1 percent, and you set a maximum reward amount, we recommend 10.00 in your local currency.
Next, we help you grow your business by sending those all important marketing emails to your buyers. Emails are fully-automated for you and go out every 10 days. You won’t need to do anything. The emails are tracked so you can see stats on open rates, click-through rates and repeat purchase rates.”