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
