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‘Cash or Card?’: Why More Financing Choices Drive Consumers’ Decisions on Which Retailers to Shop

Retail TouchPoints

The Shopper’s Search for Buying Power Offering multiple financing options expands buying power and gives customers more motivation to buy. The study also suggests that as the spend amount goes up, it becomes even more important to the consumer that their preferred financing method is available.

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Retail, POS Finance and the Quest for ESG

Retail TouchPoints

And how can POS finance fit into the equation? POS Finance and Climate-Conscious Buying Habits While these changes can go a long way toward tackling and reducing greenwashing accusations, retailers should not ignore the impact of choosing the right partners — including when it comes to finance.

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How To Monetize Open Finance: Monetize Value, Price The Use Case

Forrester eCommerce

Open finance is driven not by regulators, but by technologies like open APIs. This is steadily changing distribution patterns within the industry towards embedded finance – a world of connectivity, financial services meeting the needs of customers in the moment, in cars, in virtual agents, in shopping apps, in online marketplaces.

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Fueling Retail Expansion: Exploring Financing Options For Business Growth

RetailMinded

For retailers looking to expand their operations, securing financing is a crucial step to fuel growth. Financing this growth remains a significant challenge for many retailers, from small boutiques to large chains. Financing this growth remains a significant challenge for many retailers, from small boutiques to large chains.

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Navigating The Loan Process: Tips For Securing Restaurant Financing 

RetailMinded

However, the financing process doesn’t have to obstruct your culinary vision. Financial institutions like Credibly Financing or a similar organization offer restaurant financing solutions that can be an accessible option for securing the necessary backing.

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Retailers Can Boost Revenue With Customized Financing Plans

RTP blog

These in-house financing offers can build sales and encourage customer loyalty. With financing available, customers may also purchase additional items. Forrester Consulting found a 15% increase in average order value when financing was offered. Financing partnerships also have other big advantages. So, how to get started?

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Financing Your Retail Business In 2024 — Eight Tips & Best Practices

RetailMinded

At the same time, you need to greet and meet every customer’s need and answer the lifestyle wants of your market as a whole. It’s to make sure you’ve got an increasing fan base with financiers, thereby increasing your financing avenues. And that promises more financing for your retail business.

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