Layaway - to Do, or Not to Do? and How?

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Discussion Overview

The thread explores the concept of implementing a layaway plan for Pampered Chef products, particularly in light of current economic conditions. Participants share their thoughts on the feasibility, potential benefits, and challenges of such a plan.

Discussion Character

  • Exploratory
  • Opinion-based
  • Anecdotal

Main Points Raised

  • One participant mentions considering a layaway plan for purchases over $50, questioning if it could boost sales.
  • Another participant expresses nostalgia for layaway options at Walmart but does not provide specific advice for Pampered Chef.
  • One participant raises questions about how layaway would work in relation to host shows and expresses confusion about the logistics.
  • Another participant expresses concerns about the potential complications and risks associated with managing a layaway system.
  • One participant shares a personal approach to layaway, suggesting full payment before ordering and setting deadlines for orders.
  • Another participant believes layaway could work if managed properly, proposing a simple cash system and the use of receipts.
  • One participant finds the idea of layaway to be a potential headache, sharing their personal view.
  • Another participant suggests that hosting a show could be a better alternative for obtaining items at a discount.

Areas of Agreement / Disagreement

Views differ on the practicality and effectiveness of a layaway plan, with some participants seeing potential benefits while others express skepticism about its feasibility.

Contextual Notes

The discussion reflects personal experiences and opinions regarding layaway plans, particularly in relation to holiday shopping and economic factors.

Who May Find This Useful

Consultants considering alternative sales strategies or those interested in customer payment options may find the insights shared in this thread relevant.

c00p
c00p
Gold Member
Messages
1,262
So I looked back at some really old threads and was reading about doing a layaway plan - but typically only for large purchases in excess of $100. Since today's economy seems to be the hot item, and layaways are doing so good at Wal-Mart, K-Mart, etc., has anyone thought of or are you already doing some sort of layaway for anything not as big as $100??
I'm just wondering if this would help boost sales in the next few weeks if I were to offer out a layaway plan for sales of even $50+. Thoughts, suggestions, ideas, experiences?????
 
I wish our Walmart still had layaways. I loved that for Christmas presents! I have no advice on PC layaway just my thoughts on Walmart.
 
How would you do layaway? It could not count towards the hosts show...right? Would you not offer it at shows? I think it would get to confusing for me to keep straight. :) Sorry, I just asked more questions and didn't ans. any! Just don't understand how this works, I guess I should go read some old threads. lol
 
I'd think layaway would be a pretty dangerous thing to try. Way too much book work and how about people not totally paying, etc? It just doesn't sound like a good idea to me. To say nothing about possibly being stuck with merchandise.
 
  • Thread starter
  • #5
Well my thoughts were (if I were to offer it) that I obviously wouldn't order anything for them until I had full payment. And, if I gave them a deadline (say to have it back in time for Christmas) then I could submit 1 show with a bunch of "layaway" orders on it.
 
seems like it would work if you are willing to make it work, and it doesnt have to be too much bookwork for you. Just get an envelope keep cash in it, when there is enough cash to fulfil the order, then do it. If you get enough for host benefits, then save them up and get yourself a xmas present or two too! I think it's a wonderful idea. I would get one of those carbon copy reciept books and give them a reciept with their total due, then a deadline of payments. I'd also draw up some paperwork that tells them dates due, when order will be placed (for xmas). But if they don't make it by then, give them the choice, their money back, or keep on saving up for it. I don't see how it would work for a show though.

If they want something at the show but can not afford, we might suggest to them to buy gift certificates in the amount they can afford at the time, then once they have enough they can order what they want through HO! They count for show numbers dont they?
 
For me, it would be a headache! My thats JMHO!
 
I'd get them to host a show and get their items free or discounted.
 
c00p said:
Well my thoughts were (if I were to offer it) that I obviously wouldn't order anything for them until I had full payment. And, if I gave them a deadline (say to have it back in time for Christmas) then I could submit 1 show with a bunch of "layaway" orders on it.
Click to expand...

I think this would work, As long as you can keep it all straight.

Good Luck

OT - I got a email from Sears, they are offering Layway on some products this year.
 

Frequently Asked Questions

What is layaway and how does it work in direct sales like Pampered Chef?

Layaway is a purchasing option that allows customers to reserve products by making a deposit and paying the remaining balance over time. In direct sales, such as Pampered Chef, customers can select items they wish to buy and agree to a payment plan that fits their budget. Once the total amount is paid, they receive their products.

What are the benefits of using layaway for Pampered Chef purchases?

Using layaway can help customers manage their budgets by allowing them to spread out payments over time. It also ensures that they can secure specific products they want, especially if they are limited in stock. Additionally, it can reduce the financial burden of making a large purchase all at once.

Are there any downsides to using layaway for Pampered Chef products?

One potential downside is that customers may lose the items if they fail to complete payments within the agreed timeframe. Some layaway plans may also include fees or require a non-refundable deposit. Additionally, customers may miss out on promotions or discounts that occur after they have set up a layaway plan.

How can I set up a layaway plan for my Pampered Chef order?

To set up a layaway plan, you should first contact your Pampered Chef consultant to discuss the available options. They will guide you through the process, including selecting products, determining the deposit amount, and establishing a payment schedule that works for you.

Is layaway a good option for everyone when purchasing Pampered Chef products?

Layaway can be a good option for those who prefer to budget their expenses or need time to pay for larger purchases. However, it may not be suitable for everyone, especially if they can afford to pay upfront or if they prefer to take advantage of immediate promotions. It's important to evaluate your financial situation and preferences before deciding.

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