Cash discount agent program and selling guides? For agents and resellers that work with merchants for their merchant services, it is known that the happier that you can make your client, the better. There are several ways that you can do so, but one of the most surefire ways to provide your merchants with as many benefits as possible when working with your merchant services company is to provide them with a cash discount program that helps to make the cost of accepting payments anywhere from 2-4% cheaper.
Even in this day and age, word of mouth can make or break your organization. Social proof can stand between your sales team and their next sale. Customers want to know if your solution works for other organizations and what the sales and customer success process is like. Use case studies, testimonials, and even third-party review sites to your advantage.
How Merchants Benefit from the Cash Discount Program? It may seem strange to advertise that you offer discounts for cash buyers, but it has its benefits: You’ll reduce your fees. The fewer credit cards you process, the less you fees you pay. You’ll have access to your funds faster. With more incentive to pay cash, more customers will do so, giving you instant access to your revenue. Fewer credit card purchases means a lower risk of chargebacks. Discover even more information on ISO Cash Discount Program.
Lead with value: When reaching out to your network and potential buyers, don’t lead with a capabilities pitch. Instead, lead with an offer of something valuable. Offer to evaluate their current portfolio and make suggestions. Offer to share research you or your company recently conducted. Offer to share best practices in asset allocation you’ve discovered from your work with others in similar situations. Whatever your offer, make sure it adds value to the buyer in the initial meeting itself. Do this and you’ll generate far more conversations.
Below are some types of common senior discounts. Take a closer look at this list. If you use these services, be sure to ask your favorite businesses about available discounts. Many times, this is a simple way to save a significant amount of money. You just need to ask for the savings. Uber: Does not regularly provide senior discounts. However, the company has provided savings on uberSENIOR Day, which has been held on the first day of the month in limited markets. AT&T: Plans are available for seniors at reduced costs. Verizon: Verizon offers senior plans and discounts. The Verizon Nationwide 65 Plus Plan offers a discounted rate for seniors – this rate can change by area as well as over time. Comcast: Ask about availability of discounts. They change by location. T-Mobile: Seniors over 55 can sign up for unlimited talk, text, and LTE data for two lines for a set price of $60 per month. Sprint: Has a line of cell phones specially marketed to seniors that include easy to use, accessible features, such as TTY/TDD support, LED alerts, and 911 shortcut keys. However, the company doesn’t offer a senior discount on cell phone plans.
Here’s What We Will Do: You go to the merchant and tell him that you will reduce his credit card payment processing fee from $300 to zero or almost zero. And you will do that by telling customers that they will get a discount if they pay via cash, but if they pay via credit card, they will have to pay full price. However, with this approach, you are losing 50% of your profit and only getting $50 out of the total profit of $100. This approach might win you “salesman of the year” award, but it won’t let you buy that Mercedes you’ve been eyeing for some time. Read even more details on https://www.shawmerchantgroup.com/.
