Jim's Articles

Cash discounting program and selling tips

Cash discounting from Shaw Merchant Group? In addition to the no-obligation and no-cost contract with this trailblazing cash discount program, you’ll also be able to offer your merchant free equipment to help make the transition easier for their business. This all begins at the POS system, which is the channel through which every transaction in the business flows. You’ll be able to offer your merchant an updated POS system that has everything they need to make the switch to the EDGE cash discount program in a smooth and organized manner.

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.

Are you tired of losing 2 -4% of your credit card sales to the credit card companies? That’s the cost of doing business, right? Where do you draw the line, though? When does it become too expensive to allow customers to pay with credit cards? You can’t just turn credit card paying customers away – that’s bad for business, so what should you do? Try the Cash Discount Program. It helps ease the financial stress on merchants while rewarding cash buyers with a discount. It’s a win-win for everyone. Find more details on Best Cash Discount Program.

Make sure clients know about all your products and services: Too often financial advisors and sellers assume their clients know more about them than they actually do. There are likely only a few clients who are aware of all the products and services you offer. In fact, many of your clients might be using another provider for services you offer. It’s up to you to communicate your full range of service offerings. You don’t necessarily need to be the expert in each service area, but you need to know enough to uncover opportunities. Once you do that, you can refer your client to the appropriate expert within your company.

Many internet service providers recognize that seniors are one of the fastest growing segments in new internet use. And, they are on a fixed budget. That is why many will offer discounts on plans. KFC: Individuals get a small drink with any meal purchased here. Jack in the Box: This location offers up to 20 percent off meals. Texas Roadhouse: Seniors may be able to find discounts through a senior menu provided. Wendy’s: Seniors can receive discounts, but these vary according to age and location. Chili’s: Seniors over 55 are eligible to receive 10 percent off of their bill. Dairy Queen: Seniors are eligible to receive 10 percent off at some locations, while other locations offer a free small drink to seniors with an additional purchase. AMC: Senior pricing on tickets is available for most shows. Discounts are up to 30 percent off. Cinemark: Senior discounts are available for early shows. Discounts here are up to 35 percent.

Don’t let the last tip discourage you; there are many other businesses out there that are perfect candidates for the program. Make a list, approach them and tell them how you can take down their credit card payment processing fee to zero dollars, they’ll be hooked from the start. Selling a cash discount program is challenging for those who don’t know how to approach businesses; however, with the selling process mentioned above, you should do just fine. But what they don’t know is that the full price is actually the original price of product + processing fee. So, in the end, the merchant just deducts the fee from the original price and use it to pay for the credit card processing. Read additional details on https://www.shawmerchantgroup.com/.