For some customers, a store credit card with a great promotional rate can mean the difference between jumping into a hobby with a simple monthly payment and spending every dollar of their spare cash. Still, other customers often approach financing with fear and uncertainty.
Many of the 300+ bike shops The Bike Cooperative works with across America have a consumer financing program. While many of them use our Freedom to Ride card, others use dealer programs. Regardless of the option chosen, consumer financing can be a powerful sales tool for independent bike dealers – but tools take a bit of training.
Could your sales team be utilizing your store financing more effectively?
In-store financing can be an incredible tool to get more customers on more bikes. But Is your team pitching it well?
In Financing Simplified: Your Guide to Talking With Customers About Consumer Financing, Snychrony walks you through the most effective ways to sell with consumer financing
The Bike Cooperative exists to help Independent Bike Dealers
Have a question about membership? Consumer financing? Or what else we do for shops like yours? We welcome you to reach out, we love to talk.
