Traffic Down? Increase Your Average Ticket                              November 2015

Unless you happen to be in a warm weather locale, this is the time of year where many shops start seeing a significant drop-off in store traffic. The key to making it through the dog days of winter is to maximize the sales of the customers who are walking through your door. One of the most effective ways to do this is by utilizing consumer financing to increase your customers' average sale.      

Give Your Customers The Freedom To Ride - And Get Results
Consumer financing enables customers to purchase a higher quality bike and the accessories they need, and pay off these purchases over time. This translates into higher average tickets for you - studies show average tickets increase 57% from consumer financing versus other payment options and cardholders are 75% more likely to keep shopping at your store than non-cardholders.

The Bike Cooperative's Freedom to Ride™ program gives member retailers the ability to offer their customers financing options at the lowest possible rates to the retailer, with higher customer approval rates, and an exclusive private label Freedom to Ride card that customers use repeatedly at your store, boosting customer loyalty.

Most importantly, consumer financing gets results - over the past twelve months members' average 12-month financing sale is over $1,300, and has proven to be an effective tool to drive sales for top retailers like Sheri Mann, owner of Summit City Bicycles & Fitness (Fort Wayne, IN):

The Bike Co-op is a member-owned cooperative with a mission of improving the profitability of independent bike retailers. We provide members with exclusive product specials and rebates, consumer financing and credit card processing programs, comprehensive customer loyalty and marketing services, and training in management and sales. For more information: