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This e-letter is brought to you by Travelers Home Improvement Finance. In each issue we bring you business and marketing tips, suggestions, and selling ideas for providers of Home Improvements and the renovations markets in Canada. More articles to hone your business skills are archived with each issue on our website. Please follow the link that is listed in the left hand column. If for any reason you would like to remove your address from our list, please use the SafeUnsubscribe feature at the very end of this message and you will be immediately removed. Thank you. |
How to handle point-of-sale financing now ...
Point-of-sale financing is a selling point for many Canadians. According to research, many are living pay cheque to pay cheque and have low available balances on their credit cards. If they understand that their current financial restraints don't have to be a stumbling block, they may be much less likely to postpone significant home maintenance and repairs.
Market the financing
Feature your POS financing option prominently in your advertising and marketing materials to draw in more potential customers. Train employees to sell the benefits and features of your Crelogix-powered in-house financing, with instant online pre-approval. Monthly payment plans are flexible around each individual's budget with low interest rates. It's the best alternative to risky home equity loans with high-stakes collateral.
Ask questions
Consumers generally buy out of a fear of loss or hope for gain. When interacting with customers, ask the right questions up front to identify which of these is motivating them. Fear of loss might entail a fear of losing value on their home, letting their home fall into disrepair, or even losing their home altogether due to foreclosure if they cannot find a "short sale' buyer. In these cases, the customer has probably already identified home improvements that will increase home value and may even be absolutely essential in the short term. These projects might help them reach a quick sale agreement, if needed, or protect them from escalating expenses in the future, due to neglected maintenance.
Use the right words
If a customer is expressing a hope for gain, focus on how they can enjoy the home improvements now and even increase home equity without breaking the bank. In-house financing with Crelogix will bend monthly payment plans to fit their budget. In any case, it's important to use key phrases that resonate with potential buyers. These words might include "fast," "instant online pre-approval," "affordable," "flexible," and "low interest". Listening as your customers answer your questions early on will help you hone in on the keywords that matter most to them and ultimately help you close the sale.
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A Polished Image Can Enhance Your Business ...
In business, image matters. The way your staff look and act, the reputation you earn in the community, and the services you offer all combine to form an image for the public. If you are concerned about portraying an image of prosperity and success, you should think about the way other people see your home improvement business.
If other, similar businesses offer in-house financing and low monthly payment plans for their customers, you may not measure up well against them. Staying competitive is a key part of becoming or remaining successful. Take a look at your area and see what the most successful home improvement companies offer to their clients. You'll notice a pattern: all of them feature point-of-sale financing.
By giving buyers scheduled monthly payment plans, you'll enhance your image. You'll be able to compete against all the other firms who want the same market share. Crelogix can partner with you to produce excellent consumer loan options on-site. We have the systems and infrastructure you need to take your image to the next level.
Cutting-edge, online pre-approval allow clients to get an answer right away about the loans they need for home renovations and improvements. 24/7 service allows you to offer financing pre-approval day or night, weekday or weekend. Once your customers realize how easy it is to get affordable monthly payments over a longer time-frame, they'll find your business more appealing.
Polish your image with the help of Crelogix.
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Easy Home Improvement Financing Sends The Right Message To Your Valued Clientele...
Signs of economic recovery are beginning to appear in world markets, but buyers remain cautiously optimistic.
Crelogix has the full-service financing your business needs to send a positive message to consumers. You can make their decisions about home improvements easier by offering them low-interest, scheduled monthly payments that work with their budgets.
Our online pre-approval system makes getting an answer about financing easier and faster. We pride ourselves on providing the most efficient, user-friendly interface to your staff. Our intuitive software makes training simple and worthwhile.
Point-of-sale financing is always a facet of the most successful companies' marketing plans. They know that offering low monthly payments over a longer term is appealing to customers - especially now.
Make your business competitive with instant online pre-approval. Give your clients the tools they need to make a decision quickly about the home repairs and renovations they want.
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Surefire ways to keep your customers coming back ...
There are many ways toattract new customers - drive-by signage, print advertising, and word-of-mouth advertising, to name a few. But repeat business can be a tad more elusive for small- to mid-sized businesses, especially when going up against big box home improvement stores.
Build rapport
One of the primary competitive advantages of small- to mid-sized businesses is their ability to provide a higher level of customer service. Without a mass market mentality, it's easier to be kinder to customers, focus on their needs more in-depth, and provide solid follow-up. Building rapport between employees and customers goes a long way toward earning return business. People like to feel important, like customer service professionals truly care about their concerns. Good listening skills, memorization skills, and generally good people skills go a long way towards making your business a place people want to return too.
Treat employees well
A solid team is needed to offer above-average customer service, making people feel important and creating in them a desire to return to your business. Teamwork is developed through mutual respect among team members. Treat your employees well and they will respect you more and work together better. That will help each business day function smoothly and will be reflected in the customer service experience. These employees will also remain more loyal to your business, which helps ensure that your repeat customers are seeing the same friendly faces with each visit.
Be solution-oriented
Customers often enter a home improvement-related business with full knowledge that they have a problem. It may be a leaky faucet, drafty windows, or simply a need to build up home equity. They know the problem, but they need a solution, both logistically and financially. That's where your sales team comes in. Be prepared to offer advice on the "nuts and bolts" of the project and varying solutions, while making it clear that money doesn't have to be a hindrance. Crelogix point-of-sale financing offers a variety of flexible monthly payment plans, all with low interest. It's the perfect puzzle piece to round out your solution-oriented business approach and keep happy customers returning time and again.
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Crelogix is Expanding ...
In an effort to better serve our valued partner relationships, we are asking you, our readers to recommend an exceptional achiever to be part of our team at Travelers Acceptance.
We seek to recruit and select the most competent, industry knowledgeable and expert professionals in the Automotive Aftermarket sales industry.
Do you know a independent sales agent, a regular provider of services or supplies to your shop, someone that you feel confident in recommending to us ? We would like to hear from that candidate.
More details are available on our website or click on the link below.
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 Online Vendor
Registration
It is now possible to register your retail location online through our secure web portal. This secure portal will allows you to submit completed electronically generated registration documents to Travelers Acceptance.
Registering with Travelers is as easy as 1-2-3, you need to simply point your internet browser window to the following address as indicated below:
https://www.travelersacceptance.com/secure/application.aspx
Once all the documents have been received, Travelers will begin the setup process. Once completed, an email will be sent to the owner with a user name and password to be able to access our online financing system. Do not wait till you have a need for financing to get setup, Be prepared ahead of time, register now.
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Travelers Acceptance Corporation has since 1974 partnered with businesses to arrange, structure and fund unique indirect consumer financing solutions across a wide range of industries including tuition, automotive aftermarket, vacation ownership, healthcare, membership, consumer durables, power products and home improvements. Travelers consults with its client partners to create superior term financing solutitons that attract and retain more clients,close more sales, and increase overall profitability. |
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Hubert Blaquière
Director, Sales & Marketing
1-800-667-6640 ext. 2410
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editor@travelersacceptance.com Travelers Acceptance Corporation | |
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