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£14 for a latte could become a reality, warn coffee shop owners

12 Sep 2022

The owners of a coffee shop in Kent have wanted that they may need to increase the price of coffees to £14 each to meet their rising energy costs.
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More than a third of business leaders would vote against UK ‘switch off’ law for employees

12 Sep 2022

Over a third of business leaders have said they would vote against the introduction of a law in the UK that would protect an employee’s right ‘to switch off’, similar to the... Read more…

Monday 19 September confirmed Bank Holiday

12 Sep 2022

It has been announced that Monday 19 September will be a national Bank Holiday to mark the date of Her Majesty Queen Elizabeth II's State Funeral.
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#BikeIsBest launches powerful billboard ad campaign

8 Sep 2022

We’re giving our support again to the #BikeIsBest campaign and particularly its latest billboard campaign which disputes the arguments that electric vehicles are a "catch-all" solution and... Read more…

Government Energy Support Package for Businesses

8 Sep 2022

The new Prime Minister Liz Truss has announced the much-anticipated support plan to help households and businesses cope with rising energy costs.
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27% drop in number of cycling trips per person in 2021 compared to 2020, new data reveals.

6 Sep 2022

27% drop in number of cycling trips per person in 2021 compared to 2020, new data reveals.
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It’s Cycle September

5 Sep 2022

There’s still time for bike shops to urge their customers to get involved with Cycle September, the world’s biggest group ride.
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Time for indie retailers to lobby MPs for energy help

2 Sep 2022

ActSmart, ACT, Booksellers Association, Craft Bakers Association, British Sandwich & Food to Go Association and the Café Life Association from the Independent Retailers’... Read more…

More people leaving shops without paying amid cost-of-living crisis

1 Sep 2022

Home Office data has shown more customers leaving shops, restaurants and petrol stations without paying as the cost-of-living crisis bites. The data shows there were 51,486 offences of... Read more…

Charity ramps up financial advice for independent retailers

31 Aug 2022

Industry charity GroceryAid has teamed up with Business Debtline to provide support and guidance to the growing number of independent retailers facing debt and unpaid invoices.
The move... Read more…

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Are you maximising retail finance within your business?

Posted on in Business News, Cycles News

IRFTThe Association of Cycle Traders (ACT) are delighted to announce a new service that allows retailers to amplify their sales and profits through effective training on retail finance.

Retail Finance Training (RFT) is an online learning course delivering an informed insight into Retail finance that can be completed anywhere, in your own time.

 

Train your staff to effectively promote retail finance

Do you offer retail finance but it hasn’t had the sales increase you expected? Do your staff know how to effectively promote retail finance in your store?

Various consumer surveys show that customers are more likely to spend a higher amount if retail finance is sold correctly, and for many customers, having the option to spread the cost was the main reason the purchase was made.

The RFT course will teach you and your staff how to encourage customers to make purchases, as well as maximising their spending through techniques such as financial promotion, Point of Sale (POS) and bundling.

The indie retail finance course is a fun and interactive course that shows you how to upsell the benefits of offering retail finance and how to make it make more profit for your business.

Screenshot taken from RFT Module 4: Making the most of retail finance

This course is designed for all owners and employees in a business that either currently, or plans to, offer retail finance as a payment method. The course saves your progress so it can be picked-up and completed when it suits you and once passed you get an indie retail finance qualification and certificate.

Your business invested time getting access to a retail finance account, now learn how to use it properly and sell more.

Give yourself, as well as your staff, the skills that will help you to boost sales and make retail finance a success for your business.

 

Start your RFT journey now

The course retails for just £150 including VAT. However, members of the ACT and ActSmart receive up to a 50% saving off the RRP, meaning that you can access the course from just £75 including VAT.

Try a free demo version now or click the button below to login to your ACT account and access your discount to get started!

Get started

 

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