Suggesting products prompts more purchases.
Question: How well do POS system-suggested “Next Best Purchase” offers work in the wild?
Answer: Really well. In a survey of over 15,600 retail buyers, we found:
- 58% of buyers have made a purchase based on an additional product recommendation while shopping in the last 6 months.
- 78% of those would likely not have made the purchase without the recommendation.
- Only 22% of small and medium-sized retailers offer a solution like this in their shopping experiences.
The big takeaway: Take this data and run, don’t walk, to your small- and medium-sized retailer prospects. Help them understand how they can grow sales—easily—by leveraging a POS platform that powers their growth with smarter use of data.
We can help. As a leader in POS industry finance, TimePayment’s affordable lease financing programs give customers the confidence to move forward. If you have a unique finance need or are interested in building a more bundled payment alternative, we can help.
- It’s fast, easy, and free to sign up.
- Maximize your revenue with funding for many types of POS and Terminal equipment. Attract new business with options from 12-to-60-month terms.
- Sell more often to existing customers with programmatic solutions like Lease-to-Own, Fair Market Value, and Rental.