In an increasingly demanding market, to remain competitive it is necessary to offer different payment methods. This is where installment sales become so important.
Credit cards are the most popular option among Brazilians for installment sales. While they offer many opportunities, on the one hand they also require some care on the part of companies.
According to the SPC , installments mean an increase in sales , compared to businesses that do not have this alternative. However, they require greater planning and control so that cash flow remains balanced.
In this post, we will explain what a sale on credit is , and how you can use this method to boost your business safely and efficiently. Let’s go!
Browse the content
What is an installment sale?
Selling on credit allows your south africa whatsapp number data to purchase a product by dividing the payment into installments. The main advantage of granting this credit is that it allows your consumer greater flexibility.
Unlike a cash sale, where the customer makes the payment in a single installment, there is a greater risk for the company in installment sales. In this modality, the amounts will be received in installments.
For the customer, this means more flexibility and autonomy. However, for the business, this requires more planning and a good cash flow from the companies , understanding how to fill the gap in that total amount.
Advantages of installment sales
There are many reasons to offer the aren’t you even starting? of installment payments within your business. According to the SPC , 52 million Brazilians have a credit card as a payment option and, of this total, 47% opt for installment payments.
If your company’s goal is to meet the demands of most buyers, accepting credit card installments is essential. By offering the option of installment sales, your company will be covering one of the most popular payment methods in the country.
This can also be used as a competitive advantage . Offering interest-free installments or a larger number of installments can expand your audience.
How does an installment sale work?
The principle of how to sell on sms to data is quite simple: just offer a payment method that allows the customer to pay for their purchase in installments.
There are several ways to make a sale on credit, as there are different collection and payment methods. It is essential that you understand each of these methods in order to propose the ones that make the most sense for your company.
This way, you can create a strategy to sell in installments safely , without failing to attract customers who are looking to buy on credit.