Choosing the Perfect Ecommerce Loyalty Program: Loyalty Lion, Smile.io, or Yotpo? Let's Find Out!
Analysis
September 15, 2023
Key Notable Stats
Unlock the power of customer loyalty with the ultimate showdown: Loyalty Lion vs. Yotpo vs. Smile.io. Discover the ideal ecommerce loyalty program for your business and boost customer engagement.
Unlock the power of customer loyalty with the ultimate showdown: Loyalty Lion vs. Yotpo vs. Smile.io. Discover the ideal ecommerce loyalty program for your business and boost customer engagement.
Where every click counts and every customer is a potential lifelong partner, loyalty is crucial to long-term success.
Without a rewards program, you’ll miss out on activating your customers, increasing your CLV, and turning one-time buyers into repeat superfans.
There’s only one snag.
With so many options on the market, how do you choose the perfect ecommerce loyalty program for your business?
Welcome to the showdown between three of the biggest loyalty programs: Loyalty Lion vs. Yotpo vs. Smile.io.
Loyalty Lion vs. Yotpo vs. Smile.io: Overview
Short on time? Here’s a quick overview to help you out:
Loyalty Lion
LoyaltyLion is a loyalty program for merchants focusing solely on online sales. It comes with almost everything you’ll need to reward your customers and encourage repeat purchases.
That said, it does have significant drawbacks for some businesses.
With no omnichannel support, it’s not a good option for ecommerce brands that need a seamless in-store and online experience.
It’s also not the most affordable engagement platform on the market when you compare Loyalty Lion vs. Smile.io vs. Yotco pricing. With the entry-level plan starting at $399 per month, it’s better suited to more established merchants who can afford a more expensive platform.
Features
Points-based loyalty program
Rewards for off-site and on-site actions
Personalized email and SMS notifications
Analytics dashboard
White-label branding
Integrations with tools like Shopify, Magento, and BigCommerce
Pros
Tier-based loyalty programs
Uninterrupted checkout experience with In-cart rewards
Reward points for brand hashtag mentions on social media
Members can refer friends with unique URLs via email, social or mobile
Comprehensive analysis of buying behaviors
Automated, personalized, and customizable loyalty emails
On-site messages to drive engagement
Cons
The high price point makes LoyaltyLion inaccessible to smaller ecommerce businesses.
The steep learning curve and the design interface can feel counterintuitive.
The pricing is usage, not feature-based.
There is no paid membership feature.
Loyalty tiers are only available on the advanced plan.
Unable to incentivize customers to share pictures and videos using products.
Unable to incentivize zero-party data collection and integrate it with your CRM.
No Google or Apple Wallet integration for referrals.
The rewards page is only available on the Enterprise Plan.
Point and credit spending at checkout is only available for Enterprise users.
Loyalty Lion Pricing
Loyalty Lion’s tailored and tiered packages are designed to elevate your business experience.
Classic
Starting at $399 per month
Customer referral program
A dedicated onboarding manager
Points for basic and additional on-site activities
Vouchers for free products, shipping, and discounts
Reward referrer and referee
Mobile referrals
Email marketing, SMS, and helpdesk integrations
Built-in analytics dashboard
Live chat and email support
Advanced
Price available on request
Bi-annual program review
Customer success manager
Loyalty and conditional tiers
Standalone referral widget
Subscription platform integrations
Plus
Dedicated senior onboarding manager
Enhanced email marketing flows
In-cart rewards
Access to instant points feature
Priority support
Program review every three months
Smile.io
Smile.io is one of the most well-known loyalty management software brands on the market. Founded in 2012, it has more than 100,000 active rewards programs.
The reason for its popularity?
Compared to Yotpo and Loyalty Lion, Smile.io is more stripped back. It gives you all the basic loyalty features within a highly intuitive UX interface.
It’s one of the easiest loyalty programs to implement, and coupled with its affordable pricing plan, Smile.io is a good option for new ecommerce brands running a tight ship.
Features
Loyalty points program
VIP program (tiered rewards)
Referrals
Pros
Easy-to-use interface
Tier-based loyalty program
Rewards panel to tailor your customer experience to fit your brand
Unified Smile wallet
Ability to earn points through a variety of actions and events
Customers can redeem points for the rewards they want
Affordable pricing plans
Cons
It only offers basic ecommerce loyalty program features.
Unable to reward customers for purchases with a value per dollar spent, structured value, or limit to only specific products.
Tiered loyalty functionality is only available on the Growth and Plus plans.
Unable to offer store credit or cashback rewards.
No co-creation features.
Limited social media platform for social rewards.
There are no gamified features like challenges and quests.
No point or credit spending at checkout.
A small number of integrations
Smile.io Pricing
Smile.io pricing tiers for Shopify, Woo-Commerce, and Wix users:
Free
200 orders per month
Points program
Referral program
Live chat customer support
Starter
Starting at $49 per month
500 orders per month
2 Smile.io integrations
Customizable email rewards
On-site reminders
Advanced branding
Live chat customer support
Growth
Starting at $199 per month
2,500 orders per month
$20 per additional 100 orders
Unlimited integrations
VIP (reward tiers) program
Advanced analytics
Gift card rewards
Points redemption at checkout
Points and rewards expiration
Free product rewards
Live chat customer support
Plus
Starting at $999 per month
7,500 monthly orders
$5 per additional 100 orders
On-demand access to loyalty data
Priority customer support
API access
Curated reports
Yotpo
Yotpo is a retention marketing platform designed to help you build long-lasting relationships with your shoppers.
Its major selling point (and core difference between Smile.io and Loyalty Lion) is Yotpo’s ability to incentivize, collect, and display customer reviews across your website and its user-generated content (UGC) functionality.
If those two features are a core part of your marketing strategy, Yotpo is an excellent choice for driving sales via social proof.
Features
Custom-tailored loyalty and referral program
Reward tiers
SMS push notifications
Collect and display customer reviews
Showcase UGC content across your website
Subscription management
Hyper-personalized email marketing platform
ROI dashboard and advanced analytics
Pros
Integrations for various ecommerce apps like Shopify, Klayvio, Mailchimp, and Zendesk.
Ability to display user-generated content in galleries to increase product discoverability and boost brand engagement.
Incentivize high-converting customer reviews with Smart Review Prompts.
Create targeted SMS campaigns and hyper-target customer segments.
Build a customized tiered loyalty program with out-of-the-box campaigns.
Cons
Yotpo doesn’t reward product-specific purchases.
Rewards a limited number of social media platform actions.
The pricing is not affordable for smaller ecommerce brands.
Unable to offer store credit and cashback as rewards.
No paid memberships functionality.
No zero-party data or experiential rewards.
There is no reward for joining a referral program, only purchases.
Yotpo Pricing
You can sign up for specific products with Yotco, select bundles, or pay for the entire platform.
For the loyalty & referrals product, the following pricing plans are available:
Free
Points for purchases
Referral program
Rewards sticky bar
Gold
Starting at $199 per month
500 orders
Dedicated rewards page
Birthday and anniversary rewards
Additional ways to earn points
Goal spend
Points expiration
Reward redemption at checkout
Platinum
Pricing on request
Custom monthly order amount
Custom overage fee
Everything in Gold
VIP tiers
Targetted campaign segmentation
Scheduled earning rules
Advanced dashboards and reports
Enterprise
Price is available on request.
Everything in Platinum
Dedicated security and compliance
Unlimited scalability
Advanced customization features
Enterprise customer success manager
Introducing Toki: An Even Better Option for Your Ecommerce Loyalty Program
Here’s the deal.
Yotpo vs. Smile.io vs. Loyalty Lion aren’t your only options.
If you’re looking for an affordable loyalty program that does more than reward points for likes and creates memorable experiences throughout the customer journey, TOKI is the rewards app you’re looking for.
Throwing out the traditional loyalty game plan, TOKI focuses on giving shippers flexibility, transparency, and rewards that matter.
Instead of chasing endless points, give your customers cashback, in-store credit, or experiential rewards that set your brand apart from the competition.
One of TOKI’s standout features is its Loyalty Alliances. Single-player loyalty programs are a thing of the past. TOKI pairs you with like-minded brands to create loyalty partnerships that grow your membership base, give your customers access to even more rewards, and offer a unique edge over your competition.
Features
Paid and earned loyalty programs
Offer diverse and flexible rewards
Zero-party data collection incentives
Apple Wallet branded referral card support
Create subscription incentives to drive recurring revenue
Form brand alliances to offer unique perks
Blockchain security
Analytics dashboard and audience segmentation
Omnichannel support for seamless in-store and online activation
SMS and email notifications
Push notifications without an app download
Integrations with Klaviyo, Shopify, Recharge, Snowflake, social media
White-label loyalty program functionality
TOKI Pricing
Unlock seamless scalability and efficiency with TOKI’s Growth package, tailored for businesses on the rise.
Growth
14-day free trial
Starting at $149 per month
Includes up to 700 orders per month
$0.15 per additional order
All TOKI features
1:1 onboarding with a retention specialist
30+ integrations with various marketing tools
White-label design customization
Open APIs
24/7 customer support
How To Choose the Best Loyalty Program for Your Business
Choosing the best loyalty program for your business is crucial. The right one can significantly impact your customer retention and growth.
Here are key factors you should consider when comparing Loyalty Lion vs. Yotpo vs. Smile.io:
Business size and scalability: Your loyalty program should align with your long-term growth plans. Smaller businesses may benefit from simple, cost-effective programs, while larger enterprises may require scalable solutions to handle a growing customer base.
Budget and pricing structure: Evaluate what you can afford and the features your rewards program needs to thrive. Select the one that aligns with your financial resources and your revenue expectations.
Integrations: The right loyalty program will seamlessly integrate with your current tech stack and offer an exceptional customer experience for you and the end user. Check to see if it can integrate with your existing POS, CRM, and e-commerce systems to track customer behavior and deliver personalized rewards.
Features: Different loyalty programs offer a range of features, from point-based systems to tiered memberships. Assess which features are essential for your business and seek customization options to tailor the program to your brand identity and customer preferences.
By carefully considering these factors, you can implement an ecommerce loyalty program that retains existing customers and attracts new ones, driving sustainable growth for your business.
The New Era of Customer Retention and Acquisition
We are in a new era of customer retention and acquisition where “points” for likes no longer resonate.
To ensure your business is adopting the modern loyalty playbook, you need a program that isn’t stuck in the dark ages. It's the linchpin that can either cement customer loyalty and drive exponential growth or leave your business struggling in obscurity.
Loyalty Lion vs. Smile.io vs. Yotpo are not one-size-fits-all solutions. Each one caters to a specific budget and type of ecommerce business. Do your due diligence and figure out which one is the right fit for you, or if you need something more flexible like TOKI that offers unique features and rewards, the other three don’t.
Ready to come over to the new world order with 1000x better activation rates?