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The Deposit Effect

Understand Your Buyer > How To Convert > The Deposit Effect

What is it?

Allowing buyers to secure their purchase by paying a deposit.

Why does it work?

It works because for many, cashflow and financial outlay can be an issue. Allowing your buyers to secure their order with just a deposit will not only make it easier and more accessible for them, but can secure the sale when perhaps they would have otherwise not proceeded – or proceeded much later.

How can you use it?

If appropriate to your offering, consider how you could allow your buyers to proceed / secure their order by simply paying a deposit.

 

➡️ See also: Pay Now Start Later

 

 


 

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