Shopping Carts That Help Your Customers in a Bad Economy
Allowing your shopping cart to offer a payment plan can mean providing the much needed relief that some of your customers or clients need. This could mean the difference between getting a sale and not getting a sale from those not able to afford right now what you have to offer. A high-end cart takes care of recurring billing for you every month until the balance is paid, without you having to lift a finger or worrying about staying on top of it.
Every month a notice goes out a week ahead of the time a customer’s credit card is due to be charged as a reminder. On the designated date the cart automatically processes payment. This prevents you from having to hope payments are made on time. The shopping cart automatically charges their account and keeps you in control.
You also control how you set up your terms for a payment plan. For example, you offer your customer or client the choice of paying $600 in full, or 2 payments of $325 each, or 3 payments of $225. Now rather than a $600 decision your customer or client is only making a $225 decision. And when a person wants or needs a product or service and can’t afford the full price incurring an extra $75 charge can be worth it. It also, clearly, means more money in your pocket.
Offering a payment plan can make good business sense, but trying to extend terms without having it automated in some way can quickly become regrettable. It makes far more sense to utilize this function integrated into a sophisticated shopping cart.