Tuesday, February 21, 2017

10 Reasons to Offer Financing to Your Customers

Are you offering financing to your clients? If not, here are some reasons you should consider it:

  1. Improve company cash flow
  2. Increase customer loyalty
    • Create a relationship with customers and create future sales opportunities
  3. Increase deal size
    • Research shows that when you offere financing, deals can be up to 34% larger (Yankee Group 2008)
  4. Close more deals, faster
    • Financing helps to make the deal easier
  5. Your customers expect it!
    • In a survery, 50% of customers said they expect financing options to be part of the proposal.
  6. Close a more profitable deal for your business
  7. Improve your personal sales performance
    • Stand out in the industry! 
  8. Overcome customer objections
    • Help customers overcome budgetary restraints
  9. Stay ahead of your competitors
  10. Help your customers preserve cash and lower overall Total Cost of Ownership (TCO)
    • By offering regular and predicable payments and spreading it out over time, you are helping your customers take control of their expenditures and budget.



          

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