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.

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Infographic Source

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Poppy is a money-saving expert in the UK.