Every year you prepare your business for the busy holiday season by hanging festive ornaments and decorations.
Did you know there is more you can do to ensure that your business yields great profits this holiday season? Here at Financing Your Way we specialize in helping businesses end the year with increased revenue. Read on to learn how.
Offer Retail Consumer Financing
While it may sound complex, retail consumer financing is easy. It is simply a payment option that allows your customers to buy now and pay later. During the holiday season, your customers are trying and want to make every dollar stretch. By having a buy now, pay later option or retail consumer financing your business will stand out from the competition. What’s even greater is that your business takes on zero risks. You get paid in full without having to wait for the customer to finish payments. With retail consumer financing, it is obvious that your business will increase revenue and gain more happy customers.
Carry Seasonal Items
Customers begin searching for holiday gear at the onset of fall, which means your business should have seasonal inventory in stock to meet the demand. Seasonal items should fit in with your business theme. Most suppliers update catalogs and inventory to fit the season. Ask your supplier to see holiday-themed inventory. Be sure not to order too much or you’ll be stuck with the inventory until next year’s holiday season.
Commit to Consistent Marketing
If you haven’t done so this year, create a tactical and strategic marketing game plan. Be detailed in your plan and consider making a calendar for the entire holiday season. Stick to your plan and be consistent with your online marketing. If you are not sure how to incorporate information about your retail consumer financing program reach out to Financing Your Way to set up personalized consumer financing implementation training.