What Separates WooCommerce Stores With ChargAfter’s Instant Financing Solution From Those Without the Integration

Online shopping is booming and there are millions of retailers vying for the attention of confident shoppers around the world. As the WooCommerce retail space is more competitive than ever, it is imperative the businesses consider new ways to acquire and retain customers. Through implementing and integrating value-added platforms such as ChargeAfter’s instant financing solution, online retailers could get a leg up on the competition. The benefits of separating one’s retail space from another are linked to attracting new customers and keeping existing customers, leading to improvements in sales generation and business revenue in the process. 

In this article, we explore ChargeAfter’s instant financing solution and showcase how WooCommerce stores that integrate the efficient plugin separate themselves from those that do not.

What is ChargeAfter’s Instant Financing Solution?

ChargeAfter is the market leader of multi-lender platforms that provides WooCommerce retailers with a comprehensive and affordable instant financing solution. The platform is a plugin that allows customers to effortlessly access consumer financing during the checkout stage of their consumer journey. These financing solutions connect consumers with a network of lenders capable of facilitating their unique needs. This integration ensures that businesses are able to capitalize on browsing customers and promote sales through the value-add of instant consumer financing access. 

How Do WooCommerce Stores Benefit From It?

WooCommerce stores that integrate ChargeAfter’s efficient and effective multi-lender platform benefit in several significant ways. The following key factors regarding the platform encourage the best WooCommerce stores to leverage its powerful implementation:

It Supports the Customer Journey

Customers shop with WooCommerce stores that provide the best customer journey, from casual browsing to adding to cart to financing an order. As the checkout process is one of the most essential parts of the customer journey, WooCommerce stores that support this step through the integration of ChargeAfter’s instant financing solution benefit from a stronger and more accessible sales funnel. Furthermore, customers are more willing to shop with these stores again as they facilitate every consumer concern at every step of their user experience. 

It Generates Greater Sales

WooCommerce stores that deploy ChargeAfter’s instant financing solution benefit from greater sales, with regards to both average monthly order volumes and average order values. The consumer financing solution speeds up the time it takes for consumers to check out, increasing the rate at which an online store experiences sales, as well as promotes larger orders, increasing the value to which your sales translate come to the end of a business month.

How Do Retailers Without Instant Financing Compare?

WooCommerce platforms that integrate ChargeAfter’s instant financing solution are a cut above the competition as they leverage the key checkout process most effectively. While other online stores may provide efficient consumer journeys, they miss out on a prime opportunity to secure sales and promote profitable growth. The following factors inhibit the success of WooCommerce retailers without ChargeAfter’s integration:

  • The checkout process can be cumbersome as consumers requiring financing need to consult third-party sites or their financial service providers for loans
  • Loan repayment plans from third-party sites and financial service providers are not as affordable as the zero-interest solutions from ChargeAfter’s multi-lender network
  • It takes longer for consumers requiring financing to shop with these retailers as the checkout process is less efficient without instant financing
  • Businesses spend time focusing on optimizing the checkout process while they could spend it elsewhere in the marketing funnel if they had it secured with ChargeAfter

The Bottom Line

WooCommerce retail stores can couple ChargeAfter’s powerful instant financing solution with a myriad of reliable marketing strategies to promote sales and drive revenue growth for long-term business sustainability. These are the go-to modern trends that separate the best WooCommerce retailers from less successful online stores. 

Here’s Why Waterfall Consumer Financing With ChargeAfter Leads to Profitable eCommerce Growth

The nature of online retail continues to change and develop as more shoppers become confident purchasing from eCommerce platforms. Today, there are millions of online stores across all industries that compete with one another for consumer attention. There is a growing concern surrounding eCommerce platforms on how to adapt to the ever-changing online retail landscape, and what measures to take to promote sustainable profitable growth through the acquisition of these shoppers. The checkout stage is proving the most pivotal consumer touchpoint to secure a sale, and waterfall consumer financing from ChargeAfter is making waves as one of the go-to strategies for encouraging sales and, in turn, promoting profitable growth. 

In this article, we will elaborate on the reasons why this form of consumer financing supports the long-term success of eCommerce platforms

ChargeAfter’s Waterfall Consumer Financing is Affordable

ChargeAfter offers one of the most comprehensive and affordable waterfall consumer financing packages on the market. This multi-lender platform allows consumers to access consumer financing on the fly through a network of trustworthy lenders. These prime and subprime lenders accept and offer their unique loan requirements with zero-interest repayment solutions. The solution ensures that integration for an eCommerce store is incredibly affordable and the solutions for consumer shopping with your store are the most affordable and competitive across the board. By providing affordable value on both ends of the online retail experience, for businesses and shoppers alike, eCommerce platforms can drive profitable growth through the positive and accessible integration of sound marketing strategies.

Waterfall Consumer Financing Reduces Time to Sale

The success of one’s online store hinges on its ability to encourage as many sales within a business month as possible, and this is affected by several key factors. One primary contributor to the success or failure of achieving average recurring sales goals is time, more specifically how time impacts the month-end values. With ChargeAfter, eCommerce platforms reduce the time it takes for a consumer to make a purchase by providing them with all of their consumer financing needs upfront and on the online store. Consumers shopping with ChargeAfter-integrated stores do not need to spend time seeking loans or financing via third-party sites or their financial service providers. This saves the consumer time and secures a quicker time to sale for profitable growth on average monthly order volumes for businesses. 

Waterfall Consumer Financing is an Instant Solution

The affordable and reliable packages from ChargeAfter give businesses instant access to all the profitable benefits of waterfall consumer financing integration. The plugin is directly embedded into one’s site and is accessible to consumers in no time. Furthermore, consumers who utilize the platform receive the financing necessary to pay for orders upfront and in full. This means that your sales margins reflect growth instantly and there is no waiting period over the course of a few business months. Employing ChargeAfter’s consumer financing platform also gives you instant access to an extensive network of reliable lenders. Therefore, you do not need to spend time applying for lending partnerships or seeking support from alternative sources. All eCommerce platforms need to do is contact ChargeAfter about pricing and plans and receive access to the waterfall consumer financing solution almost immediately. 

ChargeAfter offers both consumers and businesses tremendous benefits through the seamless integration of a powerful waterfall consumer financing platform. Many online retailers deploy the multi-lender platform for its ability to reduce times to sales and provide instantaneous financial support, encouraging long-term profitable business growth at the most affordable price point. Online stores that integrate ChargeAfter’s waterfall consumer financing beat businesses that do not on all fronts. 

Want to learn more? Reach out to us here.

eCommerce Platforms are Transforming Online Retail with ChargeAfter’s Buy Now Pay Later Bigcommerce Solution

Considering the latest eCommerce trends that highlight a rapidly growing online shopping industry, Bigcommerce retailers need to implement new solutions for acquiring and retaining customers. From millennials to GenZ shoppers, one’s potential consumer base is large and online retailers need to find ways to appeal to each age bracket and broader shopper with distinct purchasing behaviors. One such model that more and more Bigcommerce retailers are finding success with is introducing ChargeAfter’s buy now pay later Bigcommerce solution. 

This innovative consumer financing platform is reshaping the online retail industry, allowing businesses big and small to enjoy greater profit margins and consumers to have easier access to products. In this article, we explore the transformation of online shopping through ChargeAfter’s buy now pay later Bigcommerce solution in more detail. 

How Does ChargeAfter’s Buy Now Pay Later Bigcommerce Solution Work?

ChargeAfter’s multi-lender platform is a consumer financing checkout integration that allows consumers to request financial support from reputable lenders on the front-end of a Bigcommerce store. The platform works by connecting shoppers with a variety of lenders, based on their personal shopping needs, who are able to facilitate minimal to zero-interest loans so that shoppers can easily purchase goods from the Bigcommerce store. This seamlessly integrated plugin can offer shoppers a seamless online consumer journey and retailers enormous returns on investment. 

Let’s take a closer look at how the platform transforms online retail for the shopper and retailer.

What’s In It for Shoppers?

Shopping with Bigcommerce stores that integrate ChargeAfter’s buy now pay later solution offers customers a range of benefits. Customers experience the following key improvements in their consumer journey with Bigcommerce stores that utilize the platform versus those that do not:

Shopping Is Easier Than Ever

One of the primary benefits for shoppers of having ChargeAfter’s solution integrated with your Bigcommerce store is giving consumers a seamless shopping experience that the competition does not. Shoppers are able to fly through the checkout process with quick access to consumer financing without even having to leave your store.

More Shoppers Can Shop

A huge part of running a successful Bigcommerce store is how capable your platform is at acquiring and retaining customers. More often than not, customers abandon their carts as they cannot justify the purchase of a costly item. With ChargeAfter’s multi-lender platform, consumers have instant access to zero-interest financing to make a purchase. This broadens your consumer base as more customers are capable of ordering from your store. 

What’s In It for Retailers?

By providing value for customers, Bigcommerce stores that implement ChargeAfter’s buy now pay later platform experience several significant benefits themselves. The following points highlight the ways in which this platform can drive profitable business growth and support long-term business sustainability for online retailers:

You Receive More Sales, Quicker

The business perk of providing consumers with a seamless and easy shopping experience is that you reduce the time to sales. More shoppers can filter through your sales funnel more quickly, leading to an increase in average monthly order volumes. The efficient process speeds up consumer checkout, helping you achieve sales goals faster.

You Drive Up Order Values

Large ticket purchases are important for Bigcommerce retailers as they drive up average monthly order values and ensure that one’s online store turns a sustainable profit. With ChargeAfter’s efficient and zero-interest lending options, consumers can access consumer financing to make bigger orders. This will increase your order values and drive sales during a business month.

Online retail platforms that integrate ChargeAfter’s buy now pay later Bigcommerce solution are transforming the way consumers shop and the benefits that their businesses experience from these novel changes. All retailers are capable of leveraging the potential of consumer financing and adding this value for the consumers who browse their stores. With ChargeAfter, Bigcommerce stores stay a cut above the competition.

Want to learn more? Reach out to us here.

Promote Faster Conversions With Tire Financing from ChargeAfter

Online shopping makes buying easier and quicker than ever, and automobile owners are turning to eCommerce stores to conveniently order their tires and more. These costly orders benefit online retailers as they drive up average order values, however, they can be difficult deals to close. The time it takes to convert a casual consumer browsing tires into a paying customer makes all the difference when it comes to sales, and tire financing solutions may provide the fastest route to purchase. In this article, we assess ChargeAfter’s Buy Now Pay Later platform and its ability to promote faster conversions.

What is ChargeAfter’s Buy Now Pay Later Platform

ChargeAfter is the leading market provider of consumer financing solutions that come in the form of a buy now pay later integration with online retail stores. The easy to install and affordable plugin works with a variety of retail platforms, including Shopify, Magento, and WooCommerce to name a few. Once installed, customers browsing your vehicle repair or automobile accessory store have access to buy now pay later financing when making their purchase. 

The ChargeAfter platform connects your potential customers with an array of prime and subprime lenders willing to fund their purchase, confirming a partnership with a reputable lender within minutes and not requiring the consumer to leave your store to a third-party site or financial service provider. By receiving access to a lender, consumers are capable of paying for their tires and/or other automobile parts and accessories in full and pay back the financing in monthly installments with zero interest attached. 

How Does Tire Financing Promote Faster Conversions?

With a better understanding of how ChargeAfter’s buy now pay later platform works for tire financing, let’s take a closer look at how online retailers can benefit from the integration through the promotion of faster conversions and more. 

Easy Access to Financing on the Front-End

The trick to securing sales at checkout requires online stores to equip their customers with every possible tool to continue through the sales funnel without having to leave their store. The more shoppers engage with your retail store at every level, the more likely they are to buy for you. With ChargeAfter’s buy now pay later platform, consumers receive access to consumer financing during their front-end experience on your website. They no longer need to visit an alternative site for financial assistance and this ease of access to financing encourages more sales

Faster Navigation Means Faster Time to Purchase

ChargeAfter’s buy now pay later integration comes in the form of a reliable and easy to navigate plugin that appears at the checkout stage of the consumer journey. The platform itself makes a consumer’s life easier as it utilizes a simple and effective UI and UX design to ensure that customers are not distracted during the buying stage. This faster navigation minimizes the time to purchase, allowing more customers to flow through your sales funnel at checkout more quickly and regularly. 

Ability to Order Larger Volumes

The ability to order larger volumes is backed by the personalized benefits of ChargeAfter’s buy now pay later platform. Personalization is critical in digital marketing, and access to tailored financing solutions that offer zero-interest repayment plans means that more customers can more easily make a large tire financing order. The time it takes to land these large order sales is significantly reduced as more consumers in your sales funnel are capable of funding their orders.

From providing a more efficient and effective front-end user experience to giving more consumers access to tire financing to make large orders, ChargeAfter’s buy now pay later platform proves to be a reliable checkout plugin and digital marketing strategy to benefit online automobile and vehicle repair stores. 

Want to learn more? Reach out to us here.

Customers Count On Buy Now Pay Later Appliances Financing Because of these 5 Benefits

When it comes to online appliances shopping, confident shoppers are on the lookout for exceptional user experiences with reliable retailers that facilitate streamlined and efficient purchasing processes. These smart shoppers value brands that go above and beyond to provide them with exemplary customer support as well as a worry-free shopping journey. These customer needs call for online stores that include innovative checkout technology to encourage sales and drive revenue, a strategy that can be employed with the integration of ChargeAfter’s buy now pay later appliances financing platform. The platform gives consumers access to financing repayment plans from a network of reputable lenders, and this process helps generate success for appliance retailers by providing customers with the following 5 essential benefits.

1. Customers Enjoy Appliances Financing on the Fly

One of the most critical benefits of ChargeAfter’s buy now pay later platform for customers shopping with online appliance stores is the ability to purchase products quickly on the go. The integrated platform plugs into a business eCommerce store and allows shoppers to access consumer financing from the front-end experience during the checkout process. Instead of having to consult with financial service providers or third-party lenders, consumers can complete the application and receive financing within minutes right there on the checkout page. The quicker time to buy also benefits the business as it reflects greater average monthly order volumes come the turn of a financial month.

2. Customers Shop Today and Pay Another Day

Another essential benefit of ChargeAfter’s platform is in its description; buy now pay later. Shoppers can browse your store with confidence knowing that they are capable of purchasing expensive appliances today on the basis that they can pay them off in monthly installments. These personalized monthly installment plans showcase your online store’s ability to tailor packages to suit individual customers, further positioning you as a market leader in your industry. The business benefit for customers having access to same-day consumer financing is that your store receives payments in full and instantly, helping grow your average monthly order volumes. 

3. Customers Can Shop More Frequently

By giving your customers access to consumer financing options, your company can drive for profitable customer lifetime values. Customer lifetime values refer to the total amount of money spent in your shop by a particular customer for the duration of their total time shopping with you. The greater the average customer lifetime value, the greater your long-term sales generation from each shopper. With ChargeAfter, customers can easily shop more frequently and are more inclined to return to shop again. This will improve the customer lifetime values for each of your new and returning shoppers.

4. Customers Can Buy More Expensive Products

Customers may turn away from appliance stores as certain items and products can be very costly, especially when paying back loans with high-interest rates. More often than not, investing customers will continue looking elsewhere to find the most competitive deal on the more expensive products that they wish to purchase. With ChargeAfter’s buy now pay later platform integrated, you can leverage more profitable orders by encouraging consumers to utilize zero-interest repayment solutions. This offering will set your store apart from the competition and inevitably drive up your average monthly order values. 

5. Customers Can Confidently Buy Multiple Orders

Many shoppers only return to an online store to order products once they have received their previous order. With ChargeAfter’s buy now pay later platform, you can encourage more shoppers to place multiple orders with you at once. This is because ChargeAfter’s consumer financing platform connected with an extensive network of lenders, giving customers access to financing from various lenders. Customers can, therefore, have access to multiple lenders facilitating the purchases of each order. The benefit of customers placing multiple orders in a month is in the increase in average monthly order values as a result of the raised rate of purchases.

From giving shoppers the ability to shop more frequently to helping them make more expensive purchases, consumers count on ChargeAfter’s buy now pay later appliances financing because of the incredible benefits that it offers them.

Want to learn more? Reach out to us here.

Buy Now Pay Later from ChargeAfter Sparks Sales for Consumer Electronics Financing

The success of one’s online electronics store is all about sales, and owners need to consider elevating sales strategies through the integration of new technologies. There are various revenue-maximizing methods at each level of the consumer journey, although there’s no touchpoint as powerful as checkout. It is during this checkout process that online retail stores make or break sales, so it is critical that your eCommerce store implements the best tools to optimize a customer’s checkout experience. One such method proving invaluable among Shopify, Magento, and WooCommerce platforms alike is consumer electronics financing through ChargeAfter’s buy now pay later platform

Here, we take a look at the functionality of ChargeAfter’s buy now pay later platform, how it separates itself from other consumer electronics financing solutions, and what its integration can do for your online electronics stores sales.

How Does the ChargeAfter Buy Now Pay Later Platform Work?

ChargeAfter’s buy now pay later platform is an easy to integrate checkout plugin that gives customers access to consumer electronics financing on the fly. The platform works by filtering consumers through a seamless application process connecting them with willing prime or subprime lenders. The process happens entirely on the front-end for the customer, meaning that they do not have to leave your online electronics store or seek the assistance of their financial service provider in order to secure consumer financing for the payment. Furthermore, the repayment plans offered by ChargeAfter’s extensive network of lenders are tailored to each customer and give them zero interest solutions that cannot be beaten elsewhere. 

What Separates ChargeAfter eCommerce Integration from the Competition?

Online electronics stores that integrate ChargeAfter’s buy now pay later platform receive consistent support and data-driven analytics from a team of consumer financing and sales experts, as well as benefit from providing their consumers with the most powerful consumer electronics financing platforms on the market. The dual benefits for retailers and consumers work hand in hand to set online stores with ChargeAfter apart from the rest. These benefits are largely linked to the spikes in sales experienced by said retailers, and we will take a closer look at what this integration can do for your sales.

What Can Consumer Electronics Financing Do for Online Sales?

Consumer electronics financing from ChargeAfter is a go-to sales promotion strategy that helps businesses on WooCommerce, Magento, Shopify, and other retail platforms leverage an array of benefits to drive up their key performance indicators and success metrics. The following benefits spark sales for consumer electronics companies partnering with ChargeAfter:

Increased Monthly Orders

The ability to provide every consumer that visits your online electronics store accessible and zero-interest financing solutions means that every potential customer is capable of making a purchase big or small. The increased likelihood that customers can shop with personalized financing solutions will raise your average monthly orders as well as your average monthly order values as more large ticket purchases are made. 

Faster Time to Conversion

The easy-to-integrate plugin provides consumers with an easy-to-use financing solution that minimizes the time it takes for them to purchase the electronic goods in their cart. The quicker time to purchase encourages more sales, and the benefit of having the entire process on the front-end of your site means that consumers are more engaged with your brand during the checkout process. 

Supporting Customer Retention Strategies

Customer retention is as important as acquiring new customers and a successful sales strategy relies on increasing the average customer lifetime spend on your site. There are a variety of ways to drive customer retention, and they primarily involve personalizing your customers’ experiences and supporting them at every level of their consumer journey. This means giving them the tools to make purchases securely and quickly while freeing up time to focus on support strategies and client services through the integration of ChargeAfter’s buy now pay later platform.

Consumer electronics financing through ChargeAfter’s buy now pay later platform is one of the most effective sales supporting strategies used by the leading electronics stores on WooCommerce, Shopify, Magento, and other online store platforms.

Want to learn more? Reach out to us here.

Industries That Benefit From Offering Buy Now Pay Later Consumer Financing

It’s no secret that the Point Of Sale financing, or Buy Now Pay Later (BNPL) space is becoming more popular and relevant for the shoppers of today. It is a financing option customers have come to expect from retailers when checking out. Paying for your purchase in smaller more affordable monthly payments, who would turn that offer down?! 

This type of consumer financing has opened a new door of opportunity for retailers and leveled the playing field for consumers who don’t have access to credit cards or prefer not to have one at all. It feeds into the instant gratification consumers are looking for because let’s face it, waiting till payday to get those new designer heels is an anti-climatic experience no customer wants to face. 

Sure, there are some stores that won’t reap many benefits from BNPL options, like small convenience stores, simply due to the fact that bread or milk is not an impulse purchase. However, there are many industries that do benefit from offering their customers BNPL financing options. 

If you are thinking about implementing consumer finance for your shoppers, here are just a few of the industries that are reaping the rewards of the BNPL boom.

Sustainable Products And Fashion 

Sustainable items are high in demand and rightfully so. The world is taking conscious measures to lower its carbon footprint and make more sustainable decisions when it comes to its purchases. Unfortunately, these goods don’t come cheap and it is not viable for retailers to mark down their price points considering how much more time and labor goes into sourcing and manufacturing these goods. Point of Sale financing helps you keep the price fair for both parties and also makes it more accessible for customers especially with trending products like clothing, fitness accessories, and beauty. 

Travel

While travel has taken a hit due to the current pandemic, a lot of shoppers living in states with more relaxed lockdown rules are still looking to go on vacation to destinations that allow them in. The cost of accommodation, travel, food and extra amenities like spa days, boat trips, and tours add up. Usually, travelers put these expenses on their credit cards and land up paying off the vacation many months or years after it has ended at a much higher cost due to the interest. Buy Now Pay Later travel financing offers your customers a more affordable way to jet set without mounting interest rates if paid back on time monthly. 

Electronics

Unfortunately, our devices are not indestructible. Accidents happen and it is not a cheap exercise to replace them. Outdated technology is also costly to upgrade. And the truth is that only a fraction of your customers have the extra cash lying around to buy these goods upfront. Many people are reluctant to swipe their credit cards for these costly purchases because it not only increases their credit utilization, leaving them with a very low available balance for other emergencies that may arise, but it also lands up costing more once the APR’s, interest, and fees are factored in. With electronic financing options like BNPL, your customers get to choose the terms and conditions that best suit their pockets. Why let your customers max out their credit balances when you can offer them instant financing that is transparent and gives them more bang for their buck with flexible terms to choose from.

Furniture

Much like electronics, furnishing a new house or replacing a mattress is an expense most can’t afford to pay for right then and there. Layby options are also not the ideal solution when it comes to furniture financing. Customers don’t want to pay off a couch they can’t enjoy until the final payment is made. It is a far better shopping experience for the customer when they get to buy the couch or mattress they have been looking for without having to pay up the full amount upfront or wait a few more months until they can go pick up the paid in full goods. Buy Now Pay Later furniture financing is the way forward. Customers can purchase the products they want and take them home the same day without worrying about settling the full cost right then and there. 

These are just a few of the many industries that benefit from BNPL pay later. When all is said and done, it is the final sale that matters. When customers are comfortable and feel confident in your financing options, they will not only complete the transaction but will be more likely to return to your business – a business that understands the financial needs of the modern-day shopper. 

5 Ways Shopify Retailers Can Maximize Their Customer LTV With Point Of Sale Financing From ChargeAfter

Customer lifetime value (LTV) refers to the total amount of money a customer spends throughout their entire lifetime spent shopping with your Shopify store. An increase in attention to customer lifetime value allows online retailers to leverage their shoppers’ purchasing behaviors, activate long-term growth through customer retention, and model new strategies for improving average order values within a shopper’s LTV. There is no one strategy for creating a fruitful customer LTV, rather a culmination of activities including one of the most powerful sales-boosting integrations, point of sale financing.

ChargeAfter offers the most comprehensive point of sale financing platforms on the market and, in this article, we will highlight five ways Shopify retailers can maximize their customer LTV with this powerful plugin.

1. Builds Customer Loyalty

ChargeAfter’s multi-lender point of sale financing platform is a value-add integration that builds customer loyalty by providing return shoppers with access to consumer financing to make more and/or larger purchases. The benefit of this platform’s ability to support customers improves the potential retention of those shoppers, ensuring that brands maximize the monetary output of their consumers throughout their customer LTV. The perk acts as a loyalty drive offered to all shoppers, creating a superior shopping experience that attracts more sales each month.

2. Secures Larger First-Time Orders

With regards to customer acquisition, online retailers need to consider strategies for ensuring the maximum customer spend during their first order should their customer LTV be limited with one’s Shopify store. In order to do so, retailers should integrate ChargeAfter’s point of sale financing as it encourages large ticket orders. Shoppers purchasing from Shopify stores with ChargeAfter’s plugin are capable of funding larger orders and are more inclined to do so as they are capable of paying back loans over comfortable periods of time with no additional interest rates. This strategy should ensure that each new customer makes a substantial order, raising your average order values and securing a larger customer LTV from short-term shoppers.

3. Personalization Encourages Sales

Customers who feel personally connected with a brand are more likely to shop with that brand, thus personalization of marketing is key to increasing their customer LTV. A fantastic way to create this personal connection is by offering personalized marketing strategies, with point of sale financing being a critical checkout personalization feature that gives customers individualized repayment plans according to their unique shopping situation. 

4. Focus on Customer Experience

The checkout stage is the most crucial touchpoint in the consumer journey, however, retailers should not forget about the myriad of other touchpoints of the consumer experience. For most Shopify teams, it can be difficult to find the time to leverage all areas of the user experience, thus automation remains a crucial cost-saving strategy for these stores. Point of sale financing is an automated checkout procedure that allows your shoppers to access funds on the fly without having to leave your store. ChargeAfter handles the entire submission to lending process on the back-end, and your business only sees the profits generated from increased customer LTV.

5. Longer Shopping Leads to Sales

The longer shoppers spend on your online store, the more likely they are to purchase. This goes for all Shopify retailers, and owners, therefore, need to consider methods for keeping customers in their stores and engaged. As mentioned above, ChargeAfter’s point of sale financing platform ensures that shoppers remain in your store while sourcing consumer financing. This is more likely to result in greater customer lifetime value as shoppers make more purchases without the worry of having to seek capital from third-party sites or their financial service providers. 

The use of ChargeAfter’s point of sale financing ensures that your Shopify store builds customer loyalty, improves shopping experiences, and leads to larger average order values, encouraging more profitable customer LTV in the process.