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10 Reasons Why Reverse Layaway is the Best Solution to Increase Sales Fast in the 2010 Recession
The reverse layaway revolution has just begun. Everyone knows what a layaway is. Reverse layaway is simple: the customer agrees to a series of payments, and then they receive the product or service – immediately. With reverse layaway technology, the merchant never has to worry about getting paid: once his customer is approved, the money is guaranteed to the merchant. This is marketing technology at its best. If you’re having trouble hitting your sales goals in today’s economy, Reverse Layaway is what you need in your store and retailers right away, and here are 10 reasons why:
1) Reverse Layaway is what your customers want. Americans are tired of debt. Reverse Layaway is a throwback to the good old days when people kept things they wanted to buy. Reverse Layaway removes rogue banks and exorbitant interest from the equation and because there is no credit check, over 92% of your customers are approved. Talk about a sales spike!
2) No Credit Check. You know that many people will call and come because of those three little words on your sign or advertisement. This message is incredibly powerful, especially in today’s climate when more than half of Americans are debt-free, debt-free, or so debt-sick that they don’t want to go into another cent of debt. You, as a business, MUST have an alternative payment method to deal with this majority–58% of Americans according to CNN–of our country’s population. If you don’t you are missing out on a huge amount of sales. And people with good incomes and big debt run into problems, too. Credit lines are shrinking and it’s getting harder to qualify. Before you think “we don’t need “that” type of customer”, remember that small details put people out of business. The “kind” of customers we’re talking about here are customers whose payments to you are guaranteed. No Business can do without paying customers, and that’s exactly what Reverse Layaway offers you. Did you know that Kmart has admitted that their layaway is aimed at customers with an annual income of $50,000+?
3) If you want to sell more, Reverse Layaway helps you reach higher income goals. Times are tough for some, and giving your customers the choice and ability to buy from you today–no matter how much money they have in the bank and what their credit history looks like–is a huge help to them. With 15% down, you can close the deal today, and once your customer is approved, the full sale amount is guaranteed to be deposited directly into your business’s bank account. That’s what “Guaranteed Payments” means. Even if the customer’s payment date comes and the money is not in their account when our system tries to deposit money into your business account from theirs, the Reverse Layaway system will still deposit the money due on the 5th or 20th. of the month, whichever is sooner. Your payment worries are eliminated with this program.
4) Consumers want cutting edge technology. You have the latest cell phone, iPod, laptop, and car, but your payment processing technology has been around since the 80’s and hasn’t improved. It’s old. It does not provide 90 day, no loan financing within the House. It’s time to upgrade. It’s time for payment processing 2.0. It’s time to join the new millennium. Ask about our Beta program for online merchants–yes, Reverse Layaway Online!
5) Turn your sales force into closing machines. As sales people, we know that the hardest part of closing a deal is asking for the money and getting the buyer to fork over it. With Reverse Layaway, you can now agree to perform your services or offer a trade for a small fraction of the total amount you agree, and the customer does not have to qualify for anything on their credit. Make more deals now. When you follow the process and are approved, you just do your work and the money will be there — guaranteed.
6) Reverse Layaway is fast. RL only takes a few seconds to get your customer’s approval, and once you realize how much Reverse Layaway is worth to your business, it only takes about 48 hours to get started.
7) RL Technology makes you look good. Although there are thousands of sellers using this system all over the country, it has not come anywhere to be filled in the marketplace and that means one thing: you can take credit for our work (And we recommend that you do!) . Make your business look low-key. Look like a champion. Make it look like you really trust your customers (all the while knowing that your payments are guaranteed to you). And every Reverse Layaway program we’ve written is our partner who processes billions of dollars nationwide and has been in the business for 25 years. In the eyes of many, we are the number one processor in the country.
8) Increase Your Marketing Efficiency With Reverse Layaway. When you get Reverse Layaway implemented in your store, you still need to tell people about it. And we will help you by providing: point of sale marketing materials, signs/stops, brochures, and many other ways to make it clear to your customers that they can choose to use Reverse Layaway today and get the product now and make payments. Adding “No Credit Check Fund” to your marketing message increases the power and appeal of your collateral. That’s exactly what 58% of American consumers want. And it should.
9) Make a lot of money fast. Since your competition does not have Reverse Layaway in their stores yet, you can become the leader in your market in the mind of your customer. And guess what? Because you offer your customers more payment flexibility than your competition, you’ll get more of their business than your competitors. And the business customers you get will tell their friends and family. And it grows from there. And all it takes is to have a vision for your business to allow them to do business with you. That’s it. And in order to get a chance to do business with you under these flexible terms, you can charge them a premium over what you would normally charge them. You make it easy for them to find the products and services you sell, so you can make more money by simply providing a marketplace. It’s that simple.
10) Reverse Layaway Allows You to Control Your Market Position. Reverse Layaway adds $20,000 to $40,000 per year in additional sales to the retail/B2C site. That’s great. And the best part is that there’s no scary big money, either.
Having been in the payments business for 25 years, our back-end technology is solid (you’ve probably heard of us and you don’t). Our technology is tested and trusted by major banks and all major retailers. Reverse Layaway technology is only available in RMG. If you are a business that needs more marketing now, Reverse Layaway is the most powerful and cost-effective way in 2010.
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