Offer more payment options to boost retail sales and customer loyalty
When is comes to financing, consumers are accustomed to using it to buy houses, cars, and furniture. Beyond these traditionally financed purchases, there are other high ticket items that consumers seek flexible financing options for. The problem lies in that retailers may not realize that these customers are looking for financing and that they could qualify for financing if it opened up across all sales channels.
Are retailers prepared to help more customers boost their purchasing power, or will they sacrifice sales to competitors who do provide additional ways for consumers to unlock their buying potential?
With This Guide, You’ll Learn:
- What is the Financing Gap?
- Retailer and customer challenges with financing
- The importance of an omni-channel financing experience
- How to develop solutions for every type of customer