Image by Tumisu, please consider โ Thank you! ๐ค from Pixabay
What does Credit mean?
๐๐๐ซ๐๐ฃ๐ ๐ฎ๐ค๐ช๐ง ๐๐ค๐ค๐๐จ ๐ค๐ฃ ๐๐ง๐๐๐๐ฉ ๐จ๐๐ข๐ฅ๐ก๐ฎ ๐ข๐๐๐ฃ๐จ ๐ฉ๐๐๐ฉ ๐ฎ๐ค๐ช ๐๐ง๐ ๐๐๐ซ๐๐ฃ๐ ๐ค๐ช๐ฉ ๐๐ค๐ฉ๐ ๐ฎ๐ค๐ช๐ง ๐๐ช๐จ๐๐ฃ๐๐จ๐จ ๐ฅ๐ง๐ค๐๐๐ฉ ๐๐ฃ๐ ๐ฎ๐ค๐ช๐ง ๐๐๐ฅ๐๐ฉ๐๐ก.
Interestingly, this can be a risk to your business for there will be times your customers will disappoint you.
At the end of the day, you end up loosing two things
โขThe money
โขAnd the relationship you were trying to build.
๐๐ค๐ฌ ๐ฉ๐๐๐ฃ ๐๐๐ฃ ๐ฎ๐ค๐ช ๐๐ซ๐ค๐๐ ๐จ๐๐ก๐ก๐๐ฃ๐ ๐ค๐ฃ ๐พ๐๐๐ฟ๐๐?
1. INTRODUCTION OF INSTALLMENT PAYMENT
Image by Dat Dao from Pixabay
Hin too expensive !
, hin too cost.. and all other Objections and excuses they have
You shut the Objections out and allow your customers to pay "Small small"
NOTE: To avoid stories that touch, make sure you state the number of Installments they're entitled to.
Again" Make sure to keep the product with you untill payment is fully made".
2. ๐๐๐พ๐๐๐ผ๐๐ ๐๐ ๐๐๐๐พ๐๐ ๐๐ ๐๐๐๐ฟ๐
Image by Tumisu, please consider โ Thank you! ๐ค from Pixabay
Increasing the prices of goods to be purchased on credit will discourage Customers from buying on credit.
PS: For this to effectively work,you have to mean it.
3. ๐ผ๐๐๐๐ฟ ๐๐๐๐ ๐๐ผ๐๐๐๐๐ผ๐๐๐๐
Image by Jackie Ramirez from Pixabay
Avoid mixing business with family and friends.
Set your boundaries, because stranger's do not buy on credit. Family and friends are the ones who do it.
"Your money is in the hands of stranger's" abide by this rule.
4. ๐๐๐ผ๐๐ ๐๐ ๐๐ผ๐ ๐๐
Image by Myriams-Fotos from Pixabay
It doesn't cost you anything to say "No Credit today, it is pay and deliver or pay and carry"
It is not a bad thing irrespective of the person involved. Be it a close friend bestie or family member.
Got Value?
Which would you work on Immediately. Tell me Brethrens.
Till I write to you again stay Successful ๐ฅ