Cash discount program by Shaw Merchant Group? With the EDGE cash discount program, merchants won’t have to worry about these fees because they will be passed on to the consumer instead. This is a great selling point for your merchants because it eliminates a cost that they would otherwise have to pay and saves their business money. There is no cost to enroll for the program, so they only have money to gain from enrolling in the program.
Subscriptions are all about relationships. Customers are buying something once and then forgetting about; they are spending money on your product on a recurring basis. Whether it’s the beginning of the customer cycle, or throughout, you must build trust with your customers in order to successfully sell them your product/service, and to ensure retention and renewal. But how do you build trust? It begins with developing a rapport, asking questions and truly listening. You can connect with prospects on business-centric social media sites like LinkedIn. Make sure to follow-up and stay engaged. Show the customer you genuinely care.
The Cash Discount Program is Great for Business? You may think the cash discount program would turn off your credit card paying customers, but it won’t. A majority of customers don’t mind paying a small fee, (cents on the dollar really) for the convenience of carrying credit cards versus cash. You and the customers come out the winner in the deal. You show honesty and integrity by providing signage that lets customers know of the fees if they use a credit card and you reward those that choose to pay cash. Eventually, more customers will catch on and have cash available when they shop at your store – after all, who doesn’t love a little discount, right? Read more details at Cash Discounting Program.
Collaborate and provide new insights: Sales winners educate buyers with new ideas and perspectives 3X more often than second-place finishers. This is the No. 1 factor that most separates sellers who ultimately win the sale from those who came in second place. Clients are coming to you for your expertise and ideas. Show them the insights you’ve gleaned from working with others in similar situations. Collaborate with clients by not just agreeing with everything they say, but by also pushing back on their ideas and providing a new perspective. This is much more valuable than having a financial provider or banker who simply takes orders. This will also differentiate you against stiff competition.
Below are some types of common senior discounts. Take a closer look at this list. If you use these services, be sure to ask your favorite businesses about available discounts. Many times, this is a simple way to save a significant amount of money. You just need to ask for the savings. National Parks: U.S. citizens or permanent residents age 62 or over can access more than 84 million acres of land protected by the National Park Service for the rest of their lives for $80. While this isn’t quite the bargain that it used to be — prices were raised from just $10 last year — it’s still much better than the general, $80 annual pass rate, says Warren Gress, 67, of Parker, Colo., who has visited Glacier National Park, Yellowstone, Grand Canyon, Bryce and Zion, among others. Plus, Gress notes, the pass gets you discounted site fees if you’re staying in a federal campground. T Mobile: Customers ages 55-plus can get two lines with unlimited talk, text, and LTE data for $35/line with AutoPay. This is the best cell service discount available at the moment, says Dworsky of Consumer World. Bonus: only the primary account holder has to be 55 or older.
Let’s Make Things Easier With an Example: A store sells baseball gloves at the price of $10 each. There’s a signage on the door that says, ‘We have a discount on cash payment while all credit card payments will be made on full price”. Now, if the payment is made via credit card, you will charge $10.5, which the customer will assume is the actual non-discounted cost of the gloves. Now let’s put this example in our previous 7 Eleven kind of store scenario. Here, we will have a 4% surcharge on credit card payment instead of $0.50 from the example because we are allowed to have a 4% charge max. So if the baseball gloves seller is doing $10k a month in credit card payments, we will tell him that instead of paying a $300 fee from your pocket, you put a 4% fee on credit card payments. Discover more details at this website.