You get progress on three vectors at once: freedom from loans, growth in sales, and reduction in dependence on employees.
To replace the brands that are leaving, you need to grow very quickly. Where can we get so many resources, and not only financial ones?
Penenza takes only 2.5%. And this is from already prepaid deals, the money for which you receive the day after the signing of the contract!
What percentage are banks offering you? What collateral do they require? How much blood would they like to drink? It is very difficult to develop on credit.
Shortening the sales cycle does more than just increase profits. Installment allows you to ship the goods at your own pace. It's a ticket to the seller's market
It is worth selling a little less in a month, as you have to tighten your belts. And if a failure is a quarter, six months, a year long? It's not far from bankruptcy.
Installment often triggers a word of mouth that is, direct recommendations. People come for already known products, on known conditions. And they take it.
Projecting is expensive and time-consuming, but the risks are even worse. Each successive model is like launching a new business. All steps must be completed from scratch.
Sales department development
Even semi-skilled sellers will be able to close deals if they offer an installment plan. This will greatly simplify your HR policy.
A systemic, long-term investment in the team. Great, but when will it pay off? How many salespeople will go, perhaps to your competitors?
When paying in installments usually customers do not ask to reduce the cost of goods. The client pays only 10%. On the contrary, it is more logical to raise the price up.
There is no better way to lower your profit margins than to sell at a discount.
The price of your product is very expensive? Do you have a long delivery time? Start selling in installments this is a great sales boost!
The cost of the client is the main indicator in the formation of the advertising budget.
Instalment Vs Other financial tools
Okey, we have some more arguments