Retailers Risk Losing Customers By Not Offering Credit

Retailers Risk Losing Customers By Not Offering Credit

Offering flexible finance options is an important way to gain potential customers.

With many customers opting to shop with a different retailer if ‘buy now, pay later’ is not offered by retailers, it’s an important area to consider.

According to Hitachi Capital Consumer Finance

Retailers which are not offering point-of-sale finance, both in store and online, are at risk of losing 44% of potential customers, with jewellery, healthcare and electrical products being most affected.

The infographic below goes into the details regarding the percentage of people who would have chose a different retailer or would of at least thought twice.

Infographic Source

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Poppy loves personal finance almost as much as she loves her two cats, Tif and Taz.
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