FURNITURE OFFERS, PAY LATER TO INCREASE SALES
- Leonela Riguero
- Jul 27, 2022
- 2 min read
Shopping for Furniture Offers just got easier. Several nationwide stores are offering pay later to increase sales. If you have a local furniture store or an online furniture store, this is the time to jump on this solution.
Paying later payment options will help you increase sales. In addition, it will prevent you from losing online customers or walk-in customers.
Today, customers are feeling the price increase due to inflation. This causes furniture buyers to become hesitant in buying your furniture.
Think about this for a second. Also, place yourself in your customer’s seat.
If you see a dining room set with a price tag of $3,000 or see the same dining room advertised with only $150 per month, which one would you pick? The answer is obvious, the second option. Offering payment solutions to your customers will make your furniture affordable.
We can relate to this in the auto industry. Very few people pay $10,000 or $20,000 for a car. They obtain financing. Without financing, many auto dealers would be out of business. The same applies to your furniture store. While many furniture stores offer the possibility of paying with credit cards it is not the same. Credit cards offer rates from 0% to 18% annually. Most people do not have a 0% introductory credit card.
Most credit card holders are paying anywhere from 9% to 15% annually. Offering payment options is very different because it is an instalment payment with 0% interest or interest rates as low as 8% per year. While you are not running a finance business, offering the best payment terms to sell your furniture will attract more customers.
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