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Connor Finlayson
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Last update : 28/08/2024

💰 Unlock Marketplace Success: The Credit-Based System Blueprint 💰

Introduction

Want to boost customer loyalty and streamline your marketplace transactions? 🤔 A credit-based payment system might be your golden ticket! ✨ This system, popularized by platforms like MentorPass, offers a win-win for both marketplace owners and users.

This breakdown will equip you with the knowledge to implement a credit system for your own platform. Let’s dive in! 🚀

1. The Power of Credits: Why They Work 💪

Think of credits as the internal currency of your marketplace. 🪙 They simplify transactions and offer several compelling benefits:

  • Bulk Purchasing: Ideal for corporate accounts to buy in bulk and distribute among team members. 🏢
  • Reduced Transaction Fees: Process fewer transactions, saving on processing fees. 💰
  • Increased Customer Loyalty: Reactivate users and foster loyalty by offering free credits. 🎉

2. Building Blocks: Database Essentials 🗄️

A robust database is the backbone of your credit system. Here’s what you’ll need:

  • Users Table: Stores user information, credit balance, and purchase history. 🧑‍💻
  • Transactions Table: Logs all credit purchases and redemptions. 📝
  • Credit Packages Table: Lists available credit packages and their Stripe payment links. 📦
  • Services Table: Details all services offered on your platform and their credit price. 🧰
  • Sessions Table: Records each instance of a user booking and redeeming credits for a service. 📅

3. Setting the Stage: Configuring Stripe 💳

Stripe will be your trusted sidekick for processing payments. Here’s how to set it up:

  1. Create Products: Define each credit package as a product in your Stripe dashboard (e.g., Starter Pack, Pro Pack).
  2. Set Prices: Assign a price to each product and embed the number of credits associated with it in the metadata.
  3. Generate Payment Links: Create unique payment links for each credit package, allowing for pre-filled customer emails for a seamless checkout experience.

4. Building Your Marketplace: Glide to the Rescue 🏗️

Glide offers an intuitive, no-code solution to build a user-friendly interface for your marketplace.

  • Design Pages: Create essential pages like Homepage, Services, My Reviews, and My Credits.
  • Connect to Data: Seamlessly integrate your Airtable database with Glide to dynamically display information.
  • Add Functionality: Use Glide’s actions and components to enable credit purchases, service bookings, and credit balance displays.

5. Automating the Flow: Make It Seamless with Make.com 🤖

Make (formerly Integromat) will be the invisible thread connecting Stripe and your Glide app.

  1. Trigger: Set up a Make scenario triggered by a successful checkout session in Stripe.
  2. Retrieve Data: Gather transaction details from Stripe, including credits purchased and receipt URL.
  3. Update Database: Send the collected data to your Airtable database to update user credit balances and transaction history.
  4. Instant Feedback: Use Glide’s “Add Row” action to instantly reflect credit purchases in the user’s account.

6. Bonus Tip: Dynamic Buttons for a Smoother Experience ✨

Enhance your user experience by dynamically displaying buttons based on a user’s credit balance.

  • “Book Now” Button: Appears only if the user has enough credits to purchase the service.
  • “Buy More Credits” Button: Appears if the user has insufficient credits, redirecting them to purchase more.

Resource Toolbox 🧰

Conclusion

By implementing a credit-based system, you can create a thriving marketplace that benefits both you and your users. Remember to prioritize a seamless user experience, leverage automation, and continuously iterate based on user feedback. Now go build something extraordinary! 🎉

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