Make That Daily Deal A Great Experience For You And Your Customers
As a small business owner, you do everything in your power to ensure the success of your company. You might offer a promotion through a daily deal site like Groupon or LivingSocial to attract new customers, boost sales during low traffic times, encourage repeat customer traffic or boost word-of-mouth advertising.
But what happens when the response is bigger than you anticipated?
Satisfy Your Customers And Build Your Business
Daily deal offers generate significant traffic in a short period of time. They bring people through your door. But converting them to a repeat full-price customer depends on the initial experience they have.
Your job is to ensure that experience is a good one, and that takes planning. Do you have the materials or staffing on hand to satisfy the promise of your deal? These sudden expense increases may wreak havoc on your cash flow in the short term, as you wait up to 60 days for the deal site to pay you for the certificates sold.
Factoring your expected daily deal payments through Fast A/R Funding gives you the immediate cash flow financing necessary to provide an exceptional experience for your new customers. Apply online and receive your cash in as little as 48 hours. Purchase the supplies you need to meet the daily deal demand, or hire additional staff to care for your customers. This fast business loan provides the bridge you need to deliver impressive service to your new customers, service that keeps them coming back long after the daily deal promotion is over.
Use invoice factoring as you anticipate the increased traffic brought to your business over the short term. You’ve sold more goods, but at a lower profit margin. Your customer has already paid the daily deal site for your product or service. Your traffic increases, but your initial cash intake drops. A small business loan in the form of invoice factoring gives you the cash flow to keep your business running smoothly and successfully.
If you are active in the daily deal market, discover how factoring through Fast A/R Funding finances a satisfactory customer experience with a no-obligation consultation.