This article explores WooCommerce prepaid cards, their benefits for store owners, and how to set them up using a gift card plugin.
Ever wondered how to keep your customers coming back without offering multiple discounts? Imagine a solution that not only retains customers but also drives new sales. Sounds ideal, right? Enter WooCommerce prepaid cards.
WooCommerce prepaid cards, also known as store credits, allow customers to purchase prepaid gift cards that can be redeemed for future store purchases. Let’s explore how WooCommerce prepaid cards work and their potential for your store.
Key Takeaways
- WooCommerce prepaid cards function as store credits that customers can purchase like any other product.
- Store owners can easily set up and sell these prepaid gift cards using the WebToffee plugin.
- Shoppers can purchase prepaid cards and redeem them for their future purchases.
- WooCommerce prepaid cards offer multiple benefits, including improved customer retention and increased order values.
Let’s get started!
WooCommerce prepaid cards function as gift card products or a store credit system, allowing customers to purchase physical or digital prepaid cards to use as payment methods for future purchases.
Prepaid cards in WooCommerce work similarly to gift card coupons that customers redeem during checkout. The key difference is in their purpose: gift cards are generally bought as gifts for others, whereas WooCommerce prepaid cards are often purchased for personal use. Also, WooCommerce prepaid cards can be used multiple times until their balance is fully exhausted, making them more similar to store credits.
Why WooCommerce Prepaid Cards Are a Game-Changer for Your Store?
Who wouldn’t love a flexible prepaid card during the holiday season? One reason customers appreciate gift cards is the convenience they offer, not just during peak holiday shopping but throughout the year. However, WooCommerce prepaid card benefits for WooCommerce store owners go far beyond customer convenience. Let’s explore some of these advantages:
- Encourage customers to spend more. WooCommerce prepaid cards often motivate customers to exceed their card balance. While customers may not initially intend to spend more, they’re often inclined to add additional items to their cart. WooCommerce prepaid cards give this subtle nudge toward higher spending, leading to increased sales and a boost in average order value.
- Promote repeat purchases. Shoppers with substantial store credit on their WooCommerce prepaid cards don’t exhaust their balances in one go. Instead, they redeem it in smaller amounts over time, which leads to repeat visits. This combination of higher sales and returning customers creates a winning scenario for store owners.
- Provide a gifting alternative. Prepaid gift cards, which can be easily purchased and redeemed, provide a great alternative for gifting. Customers can order WooCommerce prepaid cards and gift them to their loved ones. This brings essentially two benefits: one, prepaid cards increase sales, and second, they attract new customers, which leads to even more sales.
- Isn’t it best to turn refunds into an opportunity for loyalty? By offering instant refunds as store credits or WooCommerce prepaid cards, store owners can unlock additional sales.
These are just a few ways WooCommerce prepaid cards benefit store owners. Besides these, prepaid gift cards are an attractive feature for your store. Why? Well, during busy shopping seasons, some customers prefer to purchase or reload their WooCommerce prepaid cards. This allows them to buy the products they want without delays, making it a convenient payment method during peak sales time.
Now that we’ve covered the benefits of WooCommerce prepaid cards let’s explore how to set up prepaid cards in WooCommerce.
WooCommerce, by default, does not support a store credit system, requiring an additional plugin to set up WooCommerce prepaid cards. You can choose from many top gift card plugins for setting up prepaid cards in WooCommerce. Here, we’ll use the best WooCommerce gift card plugin to create WooCommerce prepaid cards. Below are the key steps to set up WooCommerce prepaid cards using WebToffee’s gift card plugin.
1-Install and Activate WebToffee’s WooCommerce Gift Card Plugin
The gift card plugin is available in both free and paid versions. The free version offers only basic features, while the premium version includes full features for setting up WooCommerce prepaid cards. After purchasing, install and activate the plugin to access its gift card features.
2-Setting Up Prepaid Gift Cards in WooCommerce
- Go to Gift Cards > Gift card products > Add new, to set up a WooCommerce gift card product.
- In the appearing window, configure the gift card product settings, such as purchase options, and choose whether to sell gift cards with fixed amounts or custom prepaid card values.
- You can also add a custom gift card image, which will appear on the store page for customers purchasing prepaid cards.
- After reviewing the settings, click Publish to make the gift card available for purchase.
- Before finalizing, it’s recommended to review the settings under the General Settings tab in the Gift Cards menu. Be sure to click Save to update all changes.
We discussed how to set up WooCommerce gift cards using the WebToffee Gift Card plugin. Now, let’s see how WooCommerce prepaid gift cards work.
To do this, customers must first purchase a gift card from the WooCommerce store. However, purchasing alone won’t add value to their store credit. To use the gift card as a WooCommerce prepaid card, customers need to follow these steps:
- Go to My Account > Store Credit.
- In the window that opens, they will see their credit balance and an input field to redeem their gift cards.
- Customers must copy the gift card code from the email, paste it into the provided field, and click Redeem.
Once redeemed, the gift card value will be added to their store credit. This is how customers can use store credit as WooCommerce prepaid cards.
Now, here are a few scenarios where customers can make the most of their WooCommerce prepaid cards. We’ve already touched on some of these in the prepaid cards benefits section.
WooCommerce prepaid cards are not only convenient for customers but also an effective strategy for store owners, especially during holiday shopping and beyond. Here are some ways you can leverage the power of WooCommerce prepaid cards:
First, holiday gifting becomes effortless with prepaid cards. During festive seasons, they shine for one simple reason: customers love the flexibility of WooCommerce prepaid gift cards. These cards make for the perfect gift because recipients can choose what they want. This creates an opportunity for store owners, especially last-minute shoppers, who find WooCommerce prepaid cards to be the perfect solution.
Another great use for prepaid gift cards is offering instant refunds. By providing store credit in the form of WooCommerce prepaid cards, you retain revenue while encouraging repeat purchases, a win-win scenario!
Prepaid cards also work exceptionally well in promotional campaigns. Including them in loyalty reward programs incentivizes customers to engage with your store. You can easily reward loyal customers through a dedicated user-credit dashboard, thanks to WebToffee’s gift card plugin. Curious about how? Check out our article here!
Now that we have a clear idea of WooCommerce prepaid cards, here are a few of the best practices to follow:
- Offer WooCommerce prepaid cards for all budgets by providing multiple prepaid card values. This ensures customers can choose an option that best suits their needs. Alternatively, the gift card plugin lets customers purchase a prepaid card with a custom value.
- Holidays and sales events are excellent opportunities to highlight prepaid cards, driving new sales and attracting more customers.
- A smooth prepaid card redemption process is key to better customer satisfaction.
- Make sure your WooCommerce prepaid cards are easy to find by maybe adding a dedicated ‘Prepaid Cards’ page to your menu.
The WebToffee gift card plugin offers an amazing gift card solution for creating and selling gift cards in WooCommerce. As mentioned earlier, the plugin has both free and paid versions. Some of the core features of the premium plugin include:
- Create and sell unlimited gift card products
- Schedule gift card deliveries
- Offer physical gift cards
- Provide instant refunds as store credits
- Manage user credit balances
- Set up fixed or custom gift card values
- Restrict gift card usage
Setting up prepaid cards in WooCommerce is easier than you think. Why not start today and watch your sales grow?
That’s it, folks! With WooCommerce prepaid cards, you can easily boost sales and retain customers.
The basic version of the WooCommerce Gift Card plugin is available in the WordPress repository, so be sure to try it before considering an upgrade. If you need advanced WooCommerce prepaid card settings, the premium version of the WebToffee WooCommerce Gift Cards plugin is the solution. Plus, we offer a 30-day money-back guarantee.
Have you got any questions about setting up WooCommerce prepaid cards? Let us know in the comments below!
Prepaid cards are payment cards that let users load funds in advance and use them for purchases without linking to a bank account.
Prepaid cards offer a convenient way to make purchases without using a credit card or cash. These cards are preloaded with a specific amount of money, allowing you to spend up until the value is exhausted.
Prepaid cards come in various types, each tailored to specific needs and use cases. There are reloadable prepaid cards, corporate prepaid gift cards, travel prepaid cards and more.
Commonly used for occasions like birthdays or holidays, prepaid gift cards are ideal for giving the recipient flexibility to choose their desired items. If you’re wondering where to get one, you can easily purchase prepaid gift cards from retail stores.
Yes, prepaid gift cards can be used online, provided the retailer or platform accepts them. Many prepaid cards, such as prepaid cards at Walmart, work similarly to credit or debit cards.
