Household items like furniture, appliances, and electronics can transform a living space, but the many options can be overwhelming. With so many styles, features, and brands to consider, the decision-making process can feel complicated. Many customers don’t often shop for big-ticket items (1), which makes narrowing down choices even more challenging. As a result, internet searches often begin with questions like, “How to shop for a mattress?” 

At Acima Leasing, we want to help businesses like yours stand out by offering a lease-to-own solution. Let’s look at how lease-to-own can support businesses in driving sales for big-ticket items.

Beyond the Basics: A Range of Desires

When thinking of big-ticket items, quality, must-have appliances like washer and dryer sets or refrigerators might be the first things that come to mind. However, the category of big-ticket items encompasses a much wider selection, such as comfortable living room furniture, premium mattresses for a good night’s sleep, or high-quality electronics for entertainment or productivity. A customer might need a new air conditioning unit to beat the summer heat, a new heating system to stay warm in winter or even a new set of tires to keep rolling smoothly on the road.

The lease-to-own solution with Acima Leasing can enhance customers' shopping experience without using credit*. It can also open the door to more ways to shop, which means customers may have a better chance of finding what they’re looking for, regardless of how they prefer to complete their transactions.

Energy Savings Within Reach

Consumers are becoming increasingly eco-conscious and seeking ways to reduce their environmental footprint (2). By offering leasing as a transaction option, your business can help customers confidently explore energy-saving choices, such as ENERGY STAR® certified appliances (3), known for their energy efficiency.

If approved for a lease with Acima Leasing, customers can shop for new appliances, like refrigerators or dishwashers, while enjoying the benefits of a lease renewal payment. For instance, a family unsure about replacing their refrigerator during the holidays could apply with Acima Leasing in minutes, either in-store or online. If approved, their lease could empower them to shop for their dream refrigerator.

Building Customer Loyalty Through Options

Lease-to-own with Acima Leasing provides advantages for both retailers and consumers.

• As a retailer, you can invite new customers and deepen your connection with your existing customer base (4). In a recent survey with FreedomPay, “91% of retail executives agreed that adding payment methods can bring in new customers” (5).

• Customers benefit from an additional way to shop for big-ticket items such as tires, electronics and furniture (6).

At Acima Leasing, we want to help your store stand out with lease-to-own. Offering multiple payment options is important to your customers (5). When they feel supported, they’re more likely to come back. They may also recommend your store to friends and family. 

Ready to Learn More?

By offering a lease option with Acima Leasing, you can invite new customers, increase sales opportunities, and develop existing customer relationships. Explore the advantages of offering Acima Leasing and unlock the full potential of partnering with us. We recommend exploring our website to learn more about how we can support your business. Don’t wait—apply today and take the next step toward growth.

The content of this article is provided solely for general interest and should not be relied upon or construed as any form of advice, whether legal, financial, or otherwise. Receipt or use of this information does not create any sort of relationship between us.

Sources:

1. "Big-ticket Item." Investopedia, updated 29 Jan. 2023, www.investopedia.com/terms/b/big-ticket-item.asp. Accessed 16 Dec. 2024.

2. “The Rise of Environmentally Conscious Consumers: CX Reimagined for Sustainability." Execs In The Know, 2023, https://execsintheknow.com/magazines/july-2023-issue/the-rise-of-environmentally-conscious-consumers-cx-reimagined-for-sustainability/. Accessed 16 Dec. 2024.

3. "Energy Star Appliances: Do They Really Save You Money?" HomeAdvisor, www.homeadvisor.com/r/energy-star-appliances/. Accessed 16 Dec. 2024.

4. “Retail Payment Options." Shopify, www.shopify.com/retail/retail-payment-options. Accessed 16 Dec. 2024.

5. Retail Dive. "91% of Retail Executives Agree That Adding Payment Methods Can Bring in New Customers." Retail Dive, 27 Aug. 2024, www.retaildive.com/press-release/20240827-91-of-retail-executives-agree-that-adding-payment-methods-can-bring-in-new/.

6. "75% of Lease-to-Own Consumers Say It’s Their Only Option for Durable Goods." PYMNTS.com, 7 Dec. 2021, www.pymnts.com/news/retail/2021/75-percent-lease-to-own-consumers-say-only-option-durable-goods/. Accessed 16 Dec. 2024.