Why should you offer financing to your customers? 

Think about a few of your favorite brands that you use on a regular basis, what are some of the things you love about them? Successful companies like Amazon, Netflix, and Apple all have something in common; they offer monthly payment options for their products and services. Why is this so important?

What if instead of paying $15 a month for Netflix, your only option was to pay $540 upfront for a three-year subscription? This would probably make the decision to have a Netflix subscription much more difficult even if it’s a service you use often. It may lead you to contemplate things like switching to a different streaming service or cancelling your streaming service all together.

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SOURCE GreatAmerica