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How to Increase Foot Traffic and Leads by Using GE Money financing Self-Assessment
2011-June-24, 4:15 PM
Through candid conversations with GE Money’s sales specialists and dealers like you, we’ve developed a short list of effective ways to include financing when you advertise to generate more customer leads, traffic and sales.

Review each of these best practices. Then, take a moment to consider your answers to each of the questions and how you might use these practices in your own sales process.

GE Money Financing Self Assessment on How to Increase Foot Traffic and Leads


Include financing every time you advertise


Take advantage of every customer-facing outlet to mention you offer financing. It could be the deciding factor that brings customers to you over your competitors.
Do you:
Q1: Know how your business currently advertise? Yes    No
Q2: Know specifically what financing offers are included in your advertisements? Yes  No
Q3: Actively monitor your competitions’ advertisements to know what you are selling against? Yes  No
Offer your financing in direct mail and email promotions

Whether sending emails or direct mailing customers and prospects, successful dealers include instant financing to strengthen their promotions.
Do you:

Q4: Know if you advertise via direct mail (i.e., postcards) and/or email? If yes, do you offer limited-time promotions along with your financing to drive customers to your store? Yes    No
Q5: Ask customers for their mailing address or email address so you can send them future promotional offers? Yes  No
Get creative and think outside the box

Don’t be afraid to think outside the box and be creative when it comes to promoting your financing offers. There’s no magic bullet that works for every business, so take the time to see what others are doing. Try different ideas and see what works for you.
Do you:

Q6: Notice and discuss how competitors include financing in their ads and promotions and how that method might work for you? Yes    No
Q7: Notice and discuss how businesses in other industries include financing in their ads and promotions and if your customers would respond to similar messages? Yes    No
Q8: Know which media types your business advertises in to reach various customer types—print, radio, TV, web, social media, etc? Yes    No
Q9: Pull customers into your store by advertising an incentive—such as a small gift or discount on their first purchase—to customers who complete a financing application? Yes    No
Take advantage of online advertising, marketing and promotional tools

The GE Money Business Center offers practical, easy-to-use resources for business owners, managers and sales associates.
Do you:

Q10: Develop your financing selling skills by taking short online Training Resource Center courses, specifically, "Marketing with Financing”? Yes    No
Q11: Have access to your list of customers who are approved for financing from your business, located on the GE Money Business Center? Yes    No

If you answered "Yes” to 8 or more of these questions, you are already on your way to driving more traffic for your business. If you answered "Yes” to 6-7 questions, you’re on the right track, but may need to make some changes to get the results you’re looking for. If you only answered "Yes” to 5 or less, additional training is highly recommended.


"If I see a sales ad that does not
mention financing and one that does,
I know where I am going to go shop.”

Richard Akel
Carpet One
Little Rock, AR
Category: Retail Credit Financing | Added by: admin | Tags: Traffic, leads, how, increase, Using, by, to, Foot, and, GE
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