Chef Endora
Gold Member
- 809
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Chef Endora said:I was just strolling through the files & found a lay away flyer.
I'm sorry but I am computer challenged & don't know how to attatch the file.
I'm feeling obtuse. I understand the concept of the layaway. What I don't understand is the bolded part. I thought a single order couldn't be a show; it would be an individual order.Amberd said:ok basically (sp?) The customer has to spend $150 or there's one that they have to spend $200. They pay 20% down and have four payments. The fourth payment is the only one that can be paid with credit card. They place their order, and pay you the down payment. then you figure out the remaining payments ( divide by 4) then you just set the days of when the payments are due. when they pay you the last payment you send in the order as a catalog show. they also get the host benefits for a catty show. so you just close like a normal show. hope that helps if not i'll try to explain again, just let me know.
You can't count on that or any special until it is announced. HO is famous for changing things up. They did sell-a-thon in November for 5 years straight and then in October last year told us that it was going to be January so you will want to wait to announce anything like this.wcsis said:I am looking at this idea and running it through my brain cells as well.
I like the club idea, but I think I would cut it to 6 participants per club and draw 2 names for host and cohost and split the win: both get $37.50 additional to spend and 25% discount on any overage and both would be able to purchase 1 item at 1/2 price. First name drawn gets the host special.
I would not present this idea at a show, but would definately offer it while at vendor booth events. Especially September and October for Christmas shopping idea.
The other thing I would consider would be upcoming specials - like the January 50% more, you could offer more to the two winners. Just count back 10 weeks to when you would need to start it.
I am still playing with the idea in my head.
Layaway shopping is a payment plan where a customer can reserve an item by making a deposit and paying it off in installments over a set period of time, typically with no interest.
The customer selects an item and makes a deposit, usually a percentage of the total cost. The store holds the item until the customer pays off the remaining balance in installments. Once the full amount is paid, the customer can take the item home.
Layaway shopping allows customers to reserve items without having to pay the full amount upfront. It also helps customers budget and avoid credit card debt as there is no interest charged. Additionally, layaway plans may have lower fees and longer payment terms compared to credit card installment plans.
One major drawback of layaway shopping is that if the customer is unable to make all the payments, they may lose the deposit and the item. It also ties up the customer's funds for the duration of the layaway plan, which may limit their ability to make other purchases.
Whether layaway shopping is a good idea depends on individual circumstances. If a customer cannot afford to pay the full amount upfront or does not want to use credit cards, layaway shopping can be a helpful option. However, it is important to carefully consider the terms and fees of the layaway plan and make sure the payments can be made on time to avoid losing the item and deposit.