Triib Kiosk Store
Did you know that Triib can help you save thousands of dollars a year on credit card transaction fees? Today we’d like to show you how to take advantage of Triib's Check-In Kiosk Store to greatly increase the profit you keep when selling products. Triib has the ability to have products added to a members monthly membership payment!
Why does this matter?
Let’s quickly look at the cost savings of adding products to a members account, versus charging them as they are consumed:
Johnny is a member at your Affiliate with a $100/month membership plan. Today at the gym Johnny wants to purchase a KillCliff and a Perfect bar from you. Other membership management platforms will force you to charge Johnny immediately for these products, which results in the following scenario:
|Product||Your Price||Purchase Price|
This is a total of $6.50 worth of products. You charge Johnny for these products on their credit card, which results in the following charges:
- 2.9% Credit Card Fee: $0.19
- 30 cent transaction fee: $0.30
So the total fees you get charged for this is $0.49. That $0.30 transaction fee really cuts into your profit (all credit card companies charge a per transaction fee on top of the credit card percentages)!. Charging these products immediately on a members credit card will result in a net profit of $0.95… you lose almost 50% of your profit margin, greatly cutting into your profit for the sale of those products. You can maintain almost 100% of your profit on product sales by adding products to a members monthly membership payment!
Triib allows you to add products to a members membership payment. This helps you in the transaction fees because by reducing the amount of 30 cent transaction fees you get hit by (the less # of transactions, the less per-transaction fees!)! To enable the check-in kiosk store, you first must go to your Affiliate settings in Triib and turn on the Kiosk Store
Enable Kiosk Store
The Kiosk Store will allow members to add products to their monthly membership payment, however, you can continue to use Triib's Admin Point-of-Sale system to sell products to members and/or visitors.
Finally, you need to also set the products you wish to sell on the Kiosk Store by updating each product’s settings (access the products in your Admin -> Store):
Accessing the Kiosk Store
Now that you have set up your products and enabled your Kiosk store, your Check-In Kiosk page will now have a ‘Go Shopping’ button enabled. (To access your Check-In Kiosk, simply add /kiosk to the end of your Affiliate Triib URL, ie: https://my-affiliate.triib.com/kiosk).
When a member adds products to their monthly membership payment via the Check-In Kiosk they will receive an email notification indicating they’ve added products to their monthly membership payment. An Admin is able to remove any products from that member's membership payment via the members invoice in the admin up until the time the member's payment is processed.
Triib's ability to add products to a members membership payment can help you maintain a much larger level of profit on your product sales, which in turns helps you grow your Affiliate. Triib strongly recommends you utilize this functionality by either utilizing the ‘Charge Monthly Invoice functionality within the Admin Store Point-of-Sale system or by utilizing Triib's Check-In Kiosk Store.
We welcome your feedback, please contact Triib Support team (firstname.lastname@example.org) if you have any questions or suggestions!