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10 Reasons Why Reverse Layaway is the Best Solution to Increase Sales Fast in the 2010 Recession
The reverse layoff revolution has just begun. Everyone knows what a layoff is. Reverse clearance is just as simple: the customer agrees to a series of payments, and then they get the good or service — instantly. With reverse technology, the merchant never has to worry about getting paid: once their customer is approved, the funds are guaranteed to the merchant. This is retail technology at its best. If you are having trouble reaching your sales goals in today’s economy, Reverse Layaway is what you need for your store(s) and vendors as soon as possible, and here are the 10 Reasons:
1) Reverse Layaway is what your customers demand. Americans are tired of debt. Reverse Layaway is a throwback to the good old days when people saved up for things they wanted to buy. Reverse Layaway removes the bad banks with outrageous interest rates from the equation and since there is no credit check, over 92% of your customers are approved. Talk about a sales pitch!
2) No Credit Check. You know more people will call and come just because of these three words on your sign or in your ad. This message is incredibly powerful, especially in today’s environment when more than half of the American population has no credit, bad credit, max credit, or is so sick of credit that they don’t want to pay a dime of debt. You, as a business, NEED to have an alternative payment option to serve this majority–58% of Americans according to CNN–of people in our country. If you don’t, you’re missing out on a massive amount of sales. And people with good incomes and great credit also run into problems. Lines of credit are shrinking and becoming much harder to qualify for. Before you ever think “we don’t want “that” customer”, remember that smaller details set people off. The “type” of customers we’re talking about here are customers whose payments to you are guaranteed. No Business can do without a steady stream of paying customers, and that’s exactly what Reverse Layaway gives you. Did you know that Kmart admitted that their clearance is aimed at customers with annual incomes of $50,000+?
3) If you want more sales, Reverse Layaway helps you achieve higher revenue goals. Times are tight for some, and giving your customers the option and ability to buy from you today–regardless of how much money they have in the bank and what their past credit looks like–is a huge convenience for them. With as little as 15% down, you can close the deal today, and once your customer is approved, the total amount of the sale is guaranteed to be deposited directly into your business’s bank account. That’s what “Guaranteed Payments” means. Even if a customer’s payment date comes and the funds are not in their account when our system’s program attempts to ACH the funds into your business’s account from theirs, the Reverse Layaway program will still deposit the amount owed to you on the 5th or the 20th of the month, whichever is sooner. Your worries about getting paid are removed with this program.
4) Customers demand cutting-edge technology. You have the latest cell phone, ipod, laptop and car, but your payment processing technology has been around since the 80s and has never been updated. It is old. It does not offer 90-Day, No Credit Check In-house financing. It’s time for you to upgrade. It’s time for payment processing 2.0. It’s time for you 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 sellers, we know that the hard part in closing a deal is asking for the money and getting the customer to agree to part with it. With Reverse Layaway, you can now agree to perform your services or provide goods for a small fraction of the total amount you agree to, and the customer does not have to qualify for anything with their credit. Make more offers now. When you follow the program and they 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 approved for your customer, and once you realize how much it costs you not to have Reverse Layaway in your business, it only takes about 48 hours to be up and running.
7) RL Technology makes you look good. Although there are literally thousands of merchants using this program nationwide, it has not come close to saturation in the retail market and that means one thing: you can take credit for our work (And we recommend that you do too!) . Make your business look cutting edge. Look like an innovator. Make it look like you really trust your customers (all the while knowing that your payments are guaranteed to you). And the entire Reverse Layaway program is underwritten by our Billion dollar nationwide payment processing partner who has been in this business for 25 years. In the eyes of many, we are the number one processor in the country.
8) Increase your Marketing Performance with Reverse Layaway. When you implement Reverse Layaway in your store, you will still need to inform people about it. And we will help you by providing you with: store marketing materials, signs/stands, brochures and many other ways to make it very clear to your customers that they can choose to use Reverse Layaway today and get their product now and make payments. Adding “No Credit Check Financing” to your marketing message increases the power and appeal of your collateral. That’s exactly what 58% of American consumers want. And a need.
9) Make More Money Instantly. Since your competition does not yet have Reverse Layaway in their stores, you can be 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 will win their business over your competitors. And the customers whose business you earn will tell their friends and family. And it grows from there. And all it takes is that you have some vision in your business to allow them to do business with you. This is it. And for the opportunity to do business with you under these flexible terms, you can pay them a premium over what you would normally charge them. You make it easier for them to get the products and services you sell, so you make more money for providing that convenience to the marketplace. It’s that simple.
10) Reverse Layaway allows you to Dominate Your Marketplace. Reverse Layaway adds $20,000 to $40,000 per year in additional sales to the typical retail/B2C location. That’s huge. And the best part is that it’s not a big scary investment either.
Having been in the payments business for 25 years, our backbone technology is rock solid (you’ve probably heard of us and don’t know it). Our technology is tested and trusted by major banks and all major retailers. Reverse Layaway technology is only available from RMG. If you are a business that wants more sales now, Reverse Layaway is the most powerful and cost-effective option in 2010.
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