Why invest in credit?
Posted: Thu Jan 23, 2025 8:22 am
Have you noticed how stores are investing in credit? Have you ever stopped to think about why this choice is so advantageous? In today's article I will explain why.
Many customers, friends and entrepreneurs still do not have the necessary knowledge regarding the benefits that a credit system can provide for their store , but today my intention with this article is exactly to clarify why credit is advantageous.
The Own Credit Plan is nothing more than a credit concession lawyer database system fully linked to your business. In other words, it is an option that allows you to pay for your sales in installments. However, you are the one who manages and finances this, using your company's own resources.
But don’t worry… If you still don’t know the countless advantages of this service, in today’s article I’ll explain everything you need to know to understand this tool.
What do you think of this idea? Continue reading and understand the topic in full. Enjoy reading!
Advantages of selling on credit:
To understand all the benefits of selling on credit , just think about that consumer who comes into your store and really likes some products, but at the time of purchase, he doesn't have a credit card to pay in installments and the purchase will be lost. If he already has a credit account in your store, you have the perfect option to make the purchase at that moment.
And the advantages don't stop there. Even for those who have the option of a credit card, there are many other benefits that make choosing to pay on credit a worthwhile option:
Greater possibility of negotiation;
Knowledge of customer preferences;
Increased sales;
Customer loyalty.
Invest in your credit to sell more:
In recent months, we have finally seen the economy picking up again. As a result, we have noticed that retail professionals are looking to offer more and more benefits to their customers, such as the possibility of securing more credit.
For this reason, credit is considered important, because one of its main aspects is precisely the fact that it is an excellent sales channel to guarantee benefits for the store and also for the consumer (of course), as we can see in the previous topics.
And the good news is that it is gaining ground again precisely because of new customers who had a reduction in their credit card limit for a while and are now looking to have access to new ways of making payments in stores, for example.
Not sure if it's the right time to invest in credit for your store? Get the answer in this video!
YouTube video
New Customers
By providing greater purchasing possibilities and access to larger credits for purchases on credit, we have the opportunity to convert many more customers to the store. After all, you increase the power of advance purchasing, that is, without this customer having to first save up the money or seek credit in other ways. This guarantees a very large increase in the cash flow of your business, which only guarantees benefits.
Many customers, friends and entrepreneurs still do not have the necessary knowledge regarding the benefits that a credit system can provide for their store , but today my intention with this article is exactly to clarify why credit is advantageous.
The Own Credit Plan is nothing more than a credit concession lawyer database system fully linked to your business. In other words, it is an option that allows you to pay for your sales in installments. However, you are the one who manages and finances this, using your company's own resources.
But don’t worry… If you still don’t know the countless advantages of this service, in today’s article I’ll explain everything you need to know to understand this tool.
What do you think of this idea? Continue reading and understand the topic in full. Enjoy reading!
Advantages of selling on credit:
To understand all the benefits of selling on credit , just think about that consumer who comes into your store and really likes some products, but at the time of purchase, he doesn't have a credit card to pay in installments and the purchase will be lost. If he already has a credit account in your store, you have the perfect option to make the purchase at that moment.
And the advantages don't stop there. Even for those who have the option of a credit card, there are many other benefits that make choosing to pay on credit a worthwhile option:
Greater possibility of negotiation;
Knowledge of customer preferences;
Increased sales;
Customer loyalty.
Invest in your credit to sell more:
In recent months, we have finally seen the economy picking up again. As a result, we have noticed that retail professionals are looking to offer more and more benefits to their customers, such as the possibility of securing more credit.
For this reason, credit is considered important, because one of its main aspects is precisely the fact that it is an excellent sales channel to guarantee benefits for the store and also for the consumer (of course), as we can see in the previous topics.
And the good news is that it is gaining ground again precisely because of new customers who had a reduction in their credit card limit for a while and are now looking to have access to new ways of making payments in stores, for example.
Not sure if it's the right time to invest in credit for your store? Get the answer in this video!
YouTube video
New Customers
By providing greater purchasing possibilities and access to larger credits for purchases on credit, we have the opportunity to convert many more customers to the store. After all, you increase the power of advance purchasing, that is, without this customer having to first save up the money or seek credit in other ways. This guarantees a very large increase in the cash flow of your business, which only guarantees benefits.