How to do "credit" business?

It’s not difficult if you don’t owe me, but it’s not annoying if I don’t want you. A limerick describes the problems posed by credit in stores, and that many retailers talk about the problem. But the author feels that in today's fierce competition in the market economy, if you don't take credit, it means that you are a green leaf and a foil for your opponents.

The first is to establish an account book.

It is inevitable to open a store and sell on credit. In other words, there is no way to do business without credit. It is unrealistic for you to want all the daily transactions to be returned to the warehouse. So, you You might as well create an account book and make corresponding records. A good memory is not as good as a bad pen. Ask customers who have credit accounts to confirm and sign their names in the account book. One way to do this is to take it out when you encounter a customer who refuses to pay. Furthermore, for credit accounts with signatures, the most important thing from a legal perspective is evidence. Asking the parties to sign is an effective method. Don't be embarrassed to ask someone to sign because of your close relationship or because of face, and don't give credit without proof.

The second is regular checkout.

There is a saying: A shop without credit or debt cannot be successful. The author personally believes that as long as it does not affect your own capital turnover in business operations, it is still advisable to use credit. Furthermore, operating on credit can not only retain old customers and form a stable customer source, but also increase sales and enhance competitiveness. This is especially true for small shops opened in communities or administrative villages. If you lower your head but don't look up, you won't be able to save face if you don't give credit to customers. Especially when customers are in difficulty, if you can provide credit, it will be a timely help, and customers will remember it for a lifetime. Therefore, in business, you can agree with customers on the period of regular checkout according to the situation. For example, you can check out once a month, of course, you can also check out once a quarter or once every six months. The third is a warm reminder.

Credit sales are a common phenomenon in retail operations, but it is easy to get credit but difficult to collect, which is also a headache for many retailers. Especially for some acquaintances, relatives, friends, etc., if you say not to give credit, you may lose face, and of course it will affect your business. If you give credit, you will be embarrassed to ask for payment. Therefore, you may wish to place a small warm reminder sign in a conspicuous position in front of the settlement counter, with the slogan "Small transaction, no credit required" written on it. You must know that a written reminder is always better than a blunt refusal to gain customers' understanding, and doing so will make it difficult for customers who have a credit mentality to speak.

Everyone may have different opinions on operating on credit. But the author feels that it is beneficial to your store business to a large extent. First, it can effectively shorten the distance with customers; second, it will stimulate consumption and stabilize customer sources; third, it can promote sales and drive business.