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23 Sep 2024

Madison is teaming up with Cytech and the Rediscovery Centre in Ireland, to offer a first-class bicycle mechanic training facility by providing a full Park Tool workshop.

23 Sep 2024

A report from active travel charity Sustrans has found that a total of 1.9 million, or 38 per cent of people on a low income or not in employment want to cycle, or cycle more, but are...

23 Sep 2024

Independent shops are not concerned about Halfords' decision to double its offering of premium bikes, according to interviews with Cycling Weekly.

23 Sep 2024

Cycling Electric has published  an investigation into how misinformation on ‘electric bike’ fires imay be increasing the danger to consumers and affecting sales of...

19 Sep 2024

The British Independent Retailers Association (Bira) has said the inflation rate holding steady at 2.2% in August provides some stability for the high street - but stresses the Bank of England...

17 Sep 2024

UK Finance and others who form the Cash Industry Environment Charter have been discussing best practices when it comes to cash deposits, and as a result have produced a short guide on reducing...

9 Sep 2024

It is with great sadness that we bring news that Peter Stow of Stows Cycles has sadly passed away on 14th August 2024 at the age of 80.

9 Sep 2024

A new community bike partnership initiative in North Lanarkshire is aiming to help keep more people moving.

9 Sep 2024

The Association of Cycle Traders (ACT) has revealed a strategic partnership with Bikebook. Aimed at driving more business to ACT members, the partnership is also designed to equip them with...

9 Sep 2024

A bike shop, where prisoners and prison leavers can learn skills which will help them find work, has opened for business.

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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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