Gracias Credit Limit

Develop by Shopify

Free plan available

Enhance store sales with a customer credit system

Assign customer credits

Customer dashboard view

Credit-based orders

About Gracias Credit Limit

Launched Aug 19, 2024

Built by Shopify

Address

172, First Floor, New Cloth Market,, Raipur, Ahmedabad, GJ, 380002, IN

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Description

Offers a seamless experience for the credit system of its customers

Credit limits are the ideal kind of loyalty programs since they encourage customers to keep coming back to the same store and keep their attention on the action inside. Because the consumer doesn't have to worry about making a payment at the time of requesting an order If the order amount is not larger than the allotted credit. This lowers the bounce rate and facilitates in-store sales, which benefits the customer.

The admin can assign credits to individual/specific customers
Customers can see their assigned credits, transactions on the customer dashboard
A customer can request for order by using their assigned credits

Pros

Encourages customer loyalty by promoting repeat business
Customers can make purchases without immediate payment, improving convenience
Potentially lowers bounce rates and boosts in-store sales
Admins can assign credits to individual or specific customers, allowing for personalized service
Customers have visibility of their credits and transactions through the customer dashboard
Facilitates smoother transactions by allowing customers to request orders using their assigned credits

Cons

Risk of customers overextending their credit and defaulting on payments
Administrative overhead for maintaining and monitoring customer credit limits
Potential for misuse of credits if not monitored properly
Dependency on the app could lead to complexities if technical issues arise
May require staff training to effectively implement and manage the credit system