“Next Big Thing…”
We could call it all of the above, and we still wouldn’t be exaggerating!
We’re super-thrilled to announce the release of the next big revolution in the membership plugin world: Credit Store.
The Credit Store WordPress Plugin completely revolutionizes your ability to deliver value to your members, and puts an incredible new spin on how your members can get access to, and consume, your membership content.
Imagine you’re at a restaurant…
…ready to order food. And you tell the waiter, “I would like to start with some ice-cream“.
The waiter looks at you squarely, and says “I’m sorry, but you must first order something to drink, then eat the salad, then the entree, and only then can you order dessert“!
Not cool, right?
Even though we at DigitalAccessPass.com pioneered Content Dripping, we understand that dripping content may not always be the best for your members – especially if you have a lot of content, many different related modules, and you have members who are eager to learn from you, want your content, and want it now!
But at the same time, you can’t just disable dripping and give away all of your content in one day either – that would be asking to get ripped off by those who might download everything on day 1, and then turnaround and ask for a refund the very next day.
So you can’t disable Content Dripping…
And dripping alone is not enough for your members who want more control over how they access your content.
So what do you do?
Is there a better way to do this?
Yes, there is a 3rd way. And a better way.
And that’s where our new plugin Credit Store comes in.
Credit Store: How It Works
Say John is a new member who has just signed up for a subscription for your “Internet Marketing Secrets” course.
And you now have the Credit Store plugin installed. Which means John doesn’t have to “wait” for your content to be dripped in that same order that you chose yourself. He is no longer restricted by your chosen order of content delivery.
He can get the content that he wants, when he wants.
We call it “Content On Demand“.
Using the Credit Store, you can instantly enhance your membership site with a Credits-based system, where you can sell “Credits” to your members, instead of just regular products. And your members can redeem those credits towards your membership content.
Your members can also “Earn” credits for contributing to your web site – like commenting on your blog posts, “Liking” your content on social sites like FaceBook, Twitter and LinkedIn, for promoting your site as an Affiliate and sending you new members, and earn credits even for sending you new subscribers and helping you build your list!
And getting your members involved in the community as well help you promote your site, has never been easier. You can incentivize all of those activities by rewarding them with “Credits” for their participation and loyalty.
The Credit Store also comes with a stunning Storefront theme right out of the box, and the storefront display is responsive and looks and works beautifully on both desktops and mobile devices, and is highly customizable so you can tweak it to your heart’s content and make the store entirely your own.
What does the credit store plugin do?
Credits are tokens / points that can be exchanged for any redeem-able product / content in the store. The credit store plugin will allow you to instantly setup a credits based membership site where you can sell credits for cash, offer credits as reward for certain actions and set up an instant online store where users can redeem credits. Members receive credits that can be used as currency on your site and applied to any purchase of products that you have made available in your store. Members can go to the online store and redeem the credits they have accumulated in their account towards available content/products.
Implement your own Audible.com type store
Credit Card Rewards/Points
Content On Demand
Social Media LIKE Credits
Users can LIKE a page/post to a Social Media Source (Facebook, Twitter, Linkedin, G+) and earn assigned credits. You can assign different number of credits for each Social Media Source. For ex- Facebook like can be assigned 10 credits, Twitter can be assigned 5 credits etc. Only upon a successful LIKE, the credits will be deposited to the user’s dap membership account.
Note : This is NOT part of the core Credit Store Plugin. You will need our Like-To-Unlock-With-Credits plugin to enable Social Media credits.
Users can comment on a credit enabled page and if comment is approved (or if set to auto-approve), the user will earn assigned credits. This is NOT part of the core Credit Store Plugin. You will need our Comments plugin to enable this feature.
Reward Affiliates in Credits
|You can configure the Affiliate Commissions to Pay Affiliates by credits (for leads and sale) which they can then use to pay for their own purchases and subscriptions on your site.|
You can setup the Affiliate commissions to be just Cash, just Credits or BOTH.
Affiliate Lead Credits: Affiliates can earn credits for referrals that lead to signup (provided you have setup credits for the product in the DAP admin -> Affiliate -> Commissions page)
Affiliate Sale Credits: Affiliates can earn credits for referrals that lead to sale.
|Say you offer Silver, Gold and Platinum Monthly Membership Programs. You can incentivize your customers by offering more free credits as bonus for purchasing higher level membership.|
Charge more for your platinum membership than gold but offer more free credits as bonus along with additional premium content. These users can then use the earned credits to browse your store and get content of their choice. You can quickly setup a rewards program where you reward users based on the membership plan and your users will get automatic access to the rewards program when they enroll so they can start earning points and redeeming them at your store right away.
Create Instant Storefront
Credit Store Front: Multiple Products Per Row Layout
You can create MULTIPLE Products per row layout for your credit store front-end page. This is easily configurable via the Credit Store Editor Icon (CS) in your WP Admin -> Add/Edit Pages -> Visual Tab. This image represents Multiple products / row layout for the storefront page.
Easy To Use Shortcodes
Another great feature: If you want a redeem button to show up on your sales page or any other page to allow users to redeem access to a product, then just place the REDEEMCREDITS shortcode on the page and automatically a redeem button will appear on the page. We also have shortcodes for CREDITSAVAILABLE and CREDITSREQUIRED that you can place on any WP page.
Pagination: Control Products & Content Per Page
Responsive Web Design
The credit storefront page employs clean, flat, optimal and responsive web design. It’s mobile friendly.
FREE Signup Credits
Incentivize the visitors to provide you with their email Id offering credits as bonus for signup (you can setup the FREE product as master and assign credits to it in DAP products/levels- >Credit Store Front Settings page).
One-time & Subscription Credits
If you have a one-time (free or paid) or a subscription product, and you want to allow your users to earn credits when they buy the product or when a recurring payment comes in, then all you need to do is define / designate the product as Master in DAP products/levels- >Credit Store Front Settings page and ‘Assign Credits’ to that product (initial credits and recurring credits) in that page.
By default, if a user has already purchased a product, it will automatically disappear from that user’s view of the credit store. If you want the users to be able to redeem the same product for credits again, then set resell product setting to Y in the DAP admin -> Credit Store page.
Credit Store: Master & Child Products
The master product can be a regular full-fledged dap product that you sell. You can drip content (if reqd) under the master like any normal dap product. The only thing with product that you have set as master is in addition to doing everything a regular dap product does, this master product will allow your users to earn credits. If a user gets access to this product (via free signup or via purchase), they will get the credits assigned to this product. So you can use credits during a special promo and tell your users that if they signup or buy the product, they will earn credits in addition to the content that they are buying and they can use the credits in the store towards available child products. Or you can simply setup a master as a way for your users to purchase credits. It can be a dummy product setup just to allow your users to purchase credits. You can setup the payment button for master like you would for any dap product. DAP will know to automatically award credits to the user when the purchase is complete. You will find the assigned credits to user in the dap users->manage page under ‘Credits’ column.
Users that purchase the product designated as master, will earn credits assigned to that product and in addition, will also get access to any dripped content under the master.
Master product can be a one-time or a recurring/subscription product.
User-Level-Credits: The credits the users earn will be accumulated in the user’s account and they can use the accumulated credits towards ANY redeemable child products in the credit store.
Option to assign recurring credits: The users will earn recurring credits (if configured under DAP products/levels- >Credit Store Front Settings page) upon each subscription payment.
As the DAP Admin, you can be creative with how many credits you assign to each of the child products – the more valuable a product – like if it has more content than the rest, takes up more support, or simply teaches more stuff – then the more credits you can assign to it.
It’s like in a casino. Your member gets a whole bunch of chips at the door. He can then go and play the slot machines, or sit at the poker table.
And when it’s all done, he can go buy some more credits if he wants.
And the next time he walks in the door after a month, he gets given more free credits to play with!
You can also set up a product just to sell credits.
And all of the credits he buys, goes into his account, and then that becomes available for redeeming against further content.
Credit Store: Earning Credits
In addition to your members buying credits through purchases, you can also incentivize how credits are earned.
You can reward your members with free credits simply for spreading the word about your site. Here are 3 ways in which your members can “earn” credits on your site.
Credits For Referrals
DAP already has a built-in affiliate program that allows you to pay affiliates with cash for referrals. Now you can also award them credits. Not just for a sale, but they can even get credits simply for referring new subscribers to your free list! And paying with credits is a great way to incentivize your members to bring in other members.
Credits For Comments
You can encourage your members to participate in your community, by rewarding them with credits for commenting on your blog posts. (insert screenshort of Admin UI for this). You can configure which posts will give them credits, and how many credits, and this plugin even has built-in security to prevent people from abusing this, and will make sure that they can’t fraudulently rack up too many points by repeatedly adding junk comments.
Credits For Likes
Your members can also earn credits simply for “liking” your post or page on the social network of their choice – and they have 4 to choose from: Facebook, Twitter, Google Plus and LinkedIn. (insert screenshot of admin interface)
The Credit Store Ain’t About You…
It’s about your members!
Here’s why your members are going to love you for doing this…
- They can get “Content On Demand” – no more waiting for dripped content
- They can purchase individual posts/pages within a given product – it’s like “Pay Per Post”, but using credits.
- They can earn credits for simply signing up to your membership product (you can offer this as a bonus for users that purchase higher level membership)
- They can “earn” credits for referring others to your web site.
- They can “earn” credits for commenting on blog posts and pages and participating in the community
- They can “earn” credits for sharing your site with their friends on Facebook, Twitter and LinkedIn.
At the end of the day, every credit they buy or earn, they redeem towards YOUR content.
So it all comes right back to you – in the form of happier members who stay longer, buy from you more often, spread the word about you, and help you build a successful long-term business with lucrative recurring revenue.
They win, you win.
As always, we look forward to hearing from you in the comments section below.
– Veena Prashanth & Ravi Jayagopal