Retail Credit Financing services in California - PowerPoint PPT Presentation

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Retail Credit Financing services in California

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Retail credit can extend your purchasing power and improve your consumption habits by allowing a flexible payment plan without anyone's approval. Visit Us - – PowerPoint PPT presentation

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Title: Retail Credit Financing services in California


1
Conquer New Frontiers With Retail Credit
  • The purchasing power of today's customers has
    increased, thanks to retail credit services. A
    quick look at statistics shows that consumers
    spend more time in the aisles, using cash and
    retail credit services to purchase items from
    grocery stores. Therefore, retail credit presents
    a great opportunity for retailers to increase the
    money they make at the till.
  • Retail credit is a form of revolving credit. It
    is similar to many retailers' instalment plans to
    purchase electronic equipment, furniture, and
    appliances. The popularity of the usage of this
    has given rise to many prominent Retail Credit
    Financing services in California.

2
Retail Credit Financing services in California
  • As a business owner, ensuring that you can offer
    customers the flexibility to avail of retail
    credit is a win-win situation. When customers
    have the option of purchasing an item in
    instalments, it increases the likelihood that
    they will purchase more items than if a cash
    payment option restricted the buyer.
  • Retail credit is generally offered by credit card
    companies or finance companies.
  • Before offering retail credit to your customers,
    here are things to consider
  • 1. Use the right amount of retail credit
  • Do not overuse retail credit to make sales. For
    example, if customers find that the product they
    wish to purchase is too expensive for them, using
    retail credit will not make a difference. Retail
    credit should be used to make sales, not to make
    customers spend more.

3
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  • 2. Know how you will get your money
  • Assess the risk involved in retail credit
    services before deciding whether or not to offer
    it. Also, know how you will get your money back
    when a customer applies for retail credit.
  • 3. Check the terms and conditions of retail
    credit
  • Understand the terms and conditions under which
    your customers can make their payments. If you
    are not confident that you can adhere to those
    terms, do not offer retail credit services.

4
Retail Credit Financing services in California
  • 4. The right product will help
  • Know the best products that suit retail credit
    services. Choose high-ticket items like
    televisions, fridges, and stereos because
    customers need high money reserves to repay such
    purchases with cash.
  • 5. Offer a small number of large items
  • When offering retail credit, only provide a small
    number of small items. The idea is to increase
    sales, not make lots of small sales.
  • 6. Choose products that are easy to handle
  • If customers can pay for their purchase with
    cash, it is either because they do not have
    retail credit or because they have reached their
    credit limit. They will be less likely to accept
    retail credit if it is too high.

5
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  • For example, choose items like TVs, fridges, and
    stereos because there are usually few other
    things that customers have to pay for with cash.
  •  
  • If you are interested in offering your clients
    retail credit services, you can connect with
    Retail Credit Financing services in California
    and you will be assured to get your money back by
    adhering to the terms and conditions of the
    service provider.

6
Conquer New Frontiers With Retail Credit
  • Address
  • 608-09 ONE ISLAND SOUTH NO 2 HEUNG YIP RD, HONG
    KONG
  • Contact Details
  • 852-3008-8373
  • Email Id
  • info_at_capitalfund-hk.com
  • Skype Id
  • capitalfundinternational
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