Store credit coupons differ from other types of coupons in that they have a specific value and can be used multiple times until the balance is exhausted. For instance, consider having a 50% discount coupon, a $50 flat discount coupon, and a $50 store credit coupon when making a $30 purchase.
- With the 50% off coupon, you’ll receive a $15 discount, but it cannot be used for subsequent purchases.
- The $50 flat discount coupon will make the product free, but it cannot be used for future purchases, leaving $20 unused.
- On the other hand, the $50 store credit coupon will make the product free, with the remaining $20 available for use in your next purchase.
Creating a store credit coupon
- install and activate the WebToffee WooCommerce Gift cards plugin.
- From the WordPress dashboard, Navigate to Marketing > Coupons > Add Coupon.
- Select the Discount type as Store credit.
- Set a Coupon amount.
- Configure the usage restrictions and usage limits as needed.
- Publish the coupon.
The coupon balance will be adjusted according to its usage. For instance, if I place an order amounting to $30 using the coupon, the updated coupon balance would be $20.
The coupon can be redeemed in the cart as the same as any other coupon.
Adding store credit coupon to store credit balance
Managing multiple store credit coupons can be a huge task for customers, especially during purchases. This is where the store credit balance comes in handy. It’s like a digital wallet, customers can redeem their store credit coupons or gift cards into this wallet, consolidating the total amount and, customers no longer need to keep track of each individual coupon; they can simply use their wallet balance for purchases.
Customers can redeem their store credit coupon to store credit balance from the store’s My Account > Store Credit.
Here is an example of adding a $100 store credit coupon to the store credit balance.
And during checkout, customers have the option to utilize their store credit balance.