Best way to offer payment installments?

2 replies
Hi Warriors,

I know that offering your prospects to pay in installments for their purchase is generally a good idea -- especially for high ticket prices -- but what's the biggest installment number a prospect is willing to usually take up on? Paying in 3, 4, even 10 installments? I'm curious to see people's thoughts and opinions on the matter.
#installments #offer #payment
  • Profile picture of the author obin94
    I have never offered this.... That being said personally I would not care how many installments because that way it is less money coming out directly.

    Also if it was something like coaching or an ad or SEO service I would see the progress or worth of what I am paying for as I am making these installment payments.

    Hope this helped.
    Robin
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  • Profile picture of the author sdingram
    I like to offer a "Pay in full" option with a 10% discount, then I offer a 2-pay and a 4-pay. The 4 pay ends up being about 20% more than the pay in full option. I prefer to get as many people as I can to pay upfront (obviously) because you will find that the ones on the 4 pay complain more - or seem to have more issues. I don't know what it is, but they do.

    Anyone else notice this?
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