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5 Sep 2022

With more people heading back into cities and offices after the pandemic, the topic of road safety has never been more important. Especially for cyclists, it’s vital to be aware of the...

1 Sep 2022

Home Office data has shown more customers leaving shops, restaurants and petrol stations without paying as the cost-of-living crisis bites. The data shows there were 51,486 offences of...

31 Aug 2022

Industry charity GroceryAid has teamed up with Business Debtline to provide support and guidance to the growing number of independent retailers facing debt and unpaid invoices.
The move...

30 Aug 2022

Nearly 14% of small UK businesses expect to close in the next twelve months, according to a new report published by the Federation of Small Businesses.

25 Aug 2022

The Trade Remedies Authority, the UK body that investigates whether new trade remedy measures are needed to counter unfair import practices and unforeseen surges of imports, has proposed that...

24 Aug 2022

The Department for Transport has announced a £12.7m trial to begin later this year, in which GPs in England will be able to prescribe walking or cycling as a way of improving mental and...

23 Aug 2022

Government research has revealed that UK businesses only begin to appreciate the importance of cyber security once the business has sustained a “serious” attack.

18 Aug 2022

Small shops are defined as any shop less than 1,850m² (or 20,000 ft²). There are around 500,000 small shops in England and Wales – accounting for £11.5bn worth of rateable...

18 Aug 2022

Over 100 leading UK retailers have written a joint letter to Police and Crime Commissioners in England and Wales requesting that violence and abuse against retail workers be made a priority,...

17 Aug 2022

Industry magazine BikeBiz has opened nominations for its annual retailer awards in association with ArmaUrto. Categories include IBD of the Year, Omnichannel Retailer of the Year, and Best...

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Are you maximising retail finance within your business?

Posted on in Business News , Cycles News

IRFTThe Association of Cycle Traders (ACT) are delighted to announce a new service that allows retailers to amplify their sales and profits through effective training on retail finance.

Retail Finance Training (RFT) is an online learning course delivering an informed insight into Retail finance that can be completed anywhere, in your own time.

 

Train your staff to effectively promote retail finance

Do you offer retail finance but it hasn’t had the sales increase you expected? Do your staff know how to effectively promote retail finance in your store?

Various consumer surveys show that customers are more likely to spend a higher amount if retail finance is sold correctly, and for many customers, having the option to spread the cost was the main reason the purchase was made.

The RFT course will teach you and your staff how to encourage customers to make purchases, as well as maximising their spending through techniques such as financial promotion, Point of Sale (POS) and bundling.

The indie retail finance course is a fun and interactive course that shows you how to upsell the benefits of offering retail finance and how to make it make more profit for your business.

Screenshot taken from RFT Module 4: Making the most of retail finance

This course is designed for all owners and employees in a business that either currently, or plans to, offer retail finance as a payment method. The course saves your progress so it can be picked-up and completed when it suits you and once passed you get an indie retail finance qualification and certificate.

Your business invested time getting access to a retail finance account, now learn how to use it properly and sell more.

Give yourself, as well as your staff, the skills that will help you to boost sales and make retail finance a success for your business.

 

Start your RFT journey now

The course retails for just £150 including VAT. However, members of the ACT and ActSmart receive up to a 50% saving off the RRP, meaning that you can access the course from just £75 including VAT.

Try a free demo version now or click the button below to login to your ACT account and access your discount to get started!

Get started

 

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