Not surprisingly, layaway is making a comeback and the biggest retailers know it. In fact, it's hip now to pay cash! Sears, K-Mart, TJ Maxx, Marshalls, Burlington Coat Factory and more know the power of a well managed layaway program. Layaway is a great option for consumers that are not willing to go into debt to make a purchase and/or are following a debt reduction plan such as that advocated by Dave Ramsey.
A layaway program offers your shoppers the opportunity to make major and minor purchases without going into debt or worrying that a "must-have" item will be out-of-stock when they have the cash. Layaway makes it easy for consumers to plan ahead and buy gifts for friends and loved ones well in advance of the event. Once redeemed, the consumer experiences the pride of ownership without the remorse associated with installment payment plans.
In today's "new" economic climate, buyers are more sensitive to the bondage associated with debt than ever before. Consumers are rapidly moving away from credit buying and waiting until they can pay for an item before they make a purchase. LayawayPro provides the necessary flexibility to "lay away" an item in your store until all payments are completed. You control the inventory, payment terms and layaway schedule.
With LayawayPro you can promote and manage an in-store, interest free, layaway program to your customers. LayAwayPro automates and tracks your layaway contracts every step of the way. LayawayPro even provides automatic email notification to your customers and an online customer portal making it convenient for your customers to keep track of their layaway items with your store.
LayAwayPro is like having an entire Layaway Department working for you. LayawayPro manages the entire layaway process so you can focus on running and growing your business. You control every aspect of the layaway purchase:
The Payment Schedule
Service Fees
Payment Terms
LayawayPro's Rewards/Loyalty Program will encourage current customers to return to you store more frequently resulting in them spending more with you. Again, customers can log in and see their reward point totals. Merchants can deliver ‘special' rewards promotions to their customers to increase their daily interaction with their loyal customers.
LayawayPro's e-Gift cards makes it easy for your customers to share their shopping experience with family and friends. As new relationships are created, these new customers will reap the benefits of your Rewards and Layaway Programs.
What will instituting LayawayPro do for my business?
