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What Are LiveShopBuy Reward Points

LiveShopBuy, a community driven eCommerce platform 

Loyalty, Reward, Affiliate program

The reward program we have already (not installed) has most of these features but not all.

  • A Member is a user and users can be a consumer, merchant or affiliate.
    • Consumers, and affiliate accounts are created automatically when they sign up as a member to the marketplace through “My Account” on the front end or at checkout when paying for a product.
    • Merchant reward accounts are created automatically when the merchant signs up during the Merchant signup process.
    • When a purchase is made, the member earns points according to membership level chart, per $1.00 spent. A point is called a BuyCoin.
    • 1,000 BuyCoins are worth $10.00 and can be redeemed for individual items products and services that accept BuyCoins throughout the marketplace. That’s the equivalent of 1% up to 2% depending on the membership level the user has attained.
    • All points must be used within 180 days of inception otherwise they expire.
    • If expired or used the member will always maintain the last membership level attained.
    • BuyCoins are redeemed at full value if they are used at check out on individual products and services based on the allowable reward point limit per that product or service
    • BuyCoins are then assigned to the merchant of the product or service being applied to.
    • BuyCoins may also be converted into a gift card to be used as payment at checkout even if items in the shopping cart do not accept BuyCoins. BuyCoins are converted to gift card at half the redemption rate and as per the member level chart below.
    • Points may also be assigned from member to member. The assigned points carry with them the same expiration date as they had before they were assigned.

 

Membership level name

Lifetime Pts needs to qualify

Conversion to gift card

Gold

1,000

No

Platinum

5,000

Yes

Diamond

20,000

Yes

Entrepreneurial Club

50,000

Yes

Circle of Excellence

100,000

Yes

 

 Gold level

  • Points earned per one dollar purchase – 1 points (no points are earned on gift cards or coupon purchases).
  • All users receive 1,000 pts for signing up.
  • Refer a friend through “Share This Link” on social media sites, invite friends by email with a self-generated code, or connect your social media Acct – 10 pts per referral
  • If the member refers a merchant under a free account – 50 pts
  • If the member refers a merchant under a paid account and when payment is verified – 100 pts
  • Member signs up for newsletter – 100 pts
  • Merchant completes their profile page – 100 pts
  • Merchant completes each segment of the Merchant “How to” tours – coming soon
  • Merchant completes continuing Education (CE) course – pts vary depending on course length. coming soon

 

Platinum level

  • Points earned per one dollar purchase – 1.5 points (no points are earned on gift cards or coupon purchases).
  • Refer a friend through “Share This Link” on social media sites, invite friends by email with a self-generated code, or connect your social media Acct – 15 pts per referral
  • If the member refers a merchant under a free account – 75 pts
  • If the member refers a merchant under a paid account and when payment is verified – 150 pts
  • Member signs up for newsletter – 100 pts
  • Merchant completes their profile page – 100 pts
  • Merchant completes each segment of the Merchant “How to” tours – coming soon
  • Merchant completes continuing Education (CE) course – pts varies depending on course length. coming soon

 

Diamond level

  • Points earned per one dollar purchase – 2 points (no points are earned on gift cards or coupon purchases).
  • Refer a friend through “Share This Link” on social media sites, invite friends by email with a self-generated code, or connect your social media Acct – 25 pts per referral
  • If the member refers a merchant under a free account – 100 pts
  • If the member refers a merchant under a paid account and when payment is verified – 200 pts
  • Member signs up for newsletter – 100 pts
  • Merchant completes their profile page – 100 pts
  • Merchant completes each segment of the Merchant “How to” tours – coming soon
  • Merchant completes continuing Education (CE) course – pts vary depending on course length. coming soon

 

Entrepreneurial

  • Points earned per one dollar purchase – 2 points (no points are earned on gift cards or coupon purchases).
  • Refer a friend through “Share This Link” on social media sites, invite friends by email with a self-generated code, or connect your social media Acct – 100 pts per referral
  • If the member refers a merchant under a free account – 150 pts
  • If the member refers a merchant under a paid account and when payment is verified – 1000 pts
  • Member signs up for newsletter – 100 pts
  • Merchant completes their profile page – 100 pts
  • Merchant completes each segment of the Merchant “How to” tours – coming soon
  • Merchant completes continuing Education (CE) course – pts vary depending on course length. coming soon

 

Circle of Excellence  

  • Points earned per one dollar purchase – 2 points (no points are earned on gift cards or coupon purchases).
  • Refer a friend through “Share This Link” on social media sites, invite friends by email with a self-generated code, or connect your social media Acct – 200 pts per referral
  • If the member refers a merchant under a free account – 200 pts
  • If the member refers a merchant under a paid account and when payment is verified – 1500 pts
  • Member signs up for newsletter – 100 pts
  • Merchant completes their profile page – 100 pts
  • Merchant completes each segment of the Merchant “How to” tours – coming soon
  • Merchant completes continuing Education (CE) course – pts vary depending on course length. Coming soon. 
A Community Driven Marketplace