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Store credit is a special currency that is only usable in a specific shop to purchase items or services only from that shop. [1] [2] [3] [4] [5]
Description
Shops may grant store credit to customers with returned a product that isn't accepted for a refund. In these cases, the store credit amount is usually equal to the item or service's original price. [3] In some cases, store credit is granted to customers that don't have a receipt for the item they are returning. Sometimes, shops also offer extra discounts on top of the store credit. [4] [6] Store credit is usually kept in the customers account. According to one source, store credit may also enhance brand loyalty. [5] keeping track of customers store credit is often done digitally so that the customer will have an online account. [7]
See also
References
- ^ "STORE CREDIT - English meaning". dictionary.cambridge.org. Cambridge University Press. Retrieved 2024-04-16.
- ^ "What Is Store Credit? How To Use It To Sell More (2024)". shopify.com. Shopify Inc. Retrieved 2024-04-16.
- ^ a b "STORE CREDIT definition and meaning". collinsdictionary.com. HarperCollins Publishers Limited. Retrieved 2024-04-16.
- ^ a b "Store Credit Definition". voucherify.io. Voucherify PSA. Retrieved 2024-04-16.
- ^ a b Nguyen, Jeng (2023-12-15). "What is a store credit? Definition, benefits, and guide". magestore.com. Magestore Technology JSC. Retrieved 2024-04-16.
- ^ "Should Your Retail Business Offer Store Credit?". erply.com. ERPLY Limited. 31 January 2018. Retrieved 2024-04-16.
- ^ "Store Credit vs Refund: Which Is Best?". advancedcouponsplugin.com. Rymera Web Co Pty Ltd. 2024-03-22. Retrieved 2024-04-16.
| This article has multiple issues. Please help
improve it or discuss these issues on the
talk page. (
Learn how and when to remove these template messages)
|
Store credit is a special currency that is only usable in a specific shop to purchase items or services only from that shop. [1] [2] [3] [4] [5]
Description
Shops may grant store credit to customers with returned a product that isn't accepted for a refund. In these cases, the store credit amount is usually equal to the item or service's original price. [3] In some cases, store credit is granted to customers that don't have a receipt for the item they are returning. Sometimes, shops also offer extra discounts on top of the store credit. [4] [6] Store credit is usually kept in the customers account. According to one source, store credit may also enhance brand loyalty. [5] keeping track of customers store credit is often done digitally so that the customer will have an online account. [7]
See also
References
- ^ "STORE CREDIT - English meaning". dictionary.cambridge.org. Cambridge University Press. Retrieved 2024-04-16.
- ^ "What Is Store Credit? How To Use It To Sell More (2024)". shopify.com. Shopify Inc. Retrieved 2024-04-16.
- ^ a b "STORE CREDIT definition and meaning". collinsdictionary.com. HarperCollins Publishers Limited. Retrieved 2024-04-16.
- ^ a b "Store Credit Definition". voucherify.io. Voucherify PSA. Retrieved 2024-04-16.
- ^ a b Nguyen, Jeng (2023-12-15). "What is a store credit? Definition, benefits, and guide". magestore.com. Magestore Technology JSC. Retrieved 2024-04-16.
- ^ "Should Your Retail Business Offer Store Credit?". erply.com. ERPLY Limited. 31 January 2018. Retrieved 2024-04-16.
- ^ "Store Credit vs Refund: Which Is Best?". advancedcouponsplugin.com. Rymera Web Co Pty Ltd. 2024-03-22. Retrieved 2024-04-16.