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“Amica” or Acima Leasing? The Better Path to Lease-to-Own Solutions
Feb 15, 2024
As retailers seek out lease-to-own solutions, the spelling of Acima Leasing has seen a few humorous mix-ups. You might have looked up “amica” but meant to find Acima Leasing. We’re glad you’re here! Acima Leasing is a lease-to-own solution that opens doors to new retail business consumers and business growth opportunities. In this Q& ; A, we explore the top questions that make retailers curious about how Acima Leasing works with their business.
The Lease-to-Own (LTO) Consumer
Before we jump into the questions, let’s talk about the potential of a growing consumer market — lease-to-own (LTO) customers. Retailers can identify lease-to-own (LTO) opportunities by evaluating the volume of customers who have been denied financing. Retailers nationwide can tap into a lucrative market by offering LTO options, especially as nearly half of U.S. consumers fall into the non-prime category (1). LTO caters to consumers who need alternative shopping options to consider due to life events like job loss or medical crises. These consumers, including Gen-Z, seek ways to shop without using credit.* With Gen-Z already comprising 40% of U.S. consumers (2), their preference for more shopping methods makes them a prime demographic for lease-to-own solutions.
How does Acima Leasing compare to other "alternative to finance solutions" regarding product accessibility for customers in various life situations?
Answer: Acima Leasing excels in its commitment to inclusivity by offering lease-to-own solutions that allow customers to shop without using credit.* This empowers customers to get the essential items they need when they need them. This also expands a retailer's market reach and ability to make an enjoyable shopping experience. Acima Leasing's dedication to inclusivity sets it apart in serving a broader customer base.
How do Acima Leasing's shopping options stand out?
Answer: Acima Leasing stands out for its ability to offer shopping power provided by a lease with flexible lease renewal payment options. Customers can benefit from flexible lease renewal payment options that conveniently work with their paydays. Acima Leasing also offers a user-friendly mobile app, an easy-to-navigate website, and a mix of in-person and eCommerce shopping options. This flexibility empowers customers to shop how they like to, enhancing the overall experience and supporting your sales growth as a business.
What are the key benefits for retailers in working with Acima Leasing?
Answer: Working with Acima Leasing offers retailers a range of advantages. Firstly, retailers can benefit from strategic email retargeting, empowering them to reach and engage customers more effectively. This enhanced visibility not only attracts new foot traffic and click traffic but also supports brand recognition with a lease-to-own consumer. Ultimately for retailers, this can help support revenue growth. Additionally, there are point-of-purchase (POP) resources available for retailers to use to improve the customer experience. Using QR codes, Acima Leasing can provide visibility of consumer interaction at crucial touch points where you’re communicating about offering lease-to-own. By informing customers about lease-to-own, Acima Leasing's POP initiatives support conversion rate growth and foster customer loyalty.
Moreover, Acima Leasing provides retailers with a platform to expand their customer base and cater to consumers looking for the option of choice while shopping. By offering a lease-to-own solution retailers can get into previously untapped markets to apply their business strategies. This inclusivity not only benefits consumers but also positions retailers as consumer-centric, building their brand reputation. These combined benefits make Acima Leasing a compelling choice for retailers looking to work with a lease-to-own provider and enhance their competitive edge to drive long-term business growth.
Your Path to Lease-to-Own Success
Acima Leasing emerges as the favorable choice for retailers venturing into lease-to-own solutions. With our commitment to inclusivity, shopping options, benefits for retailers, data-driven POP strategies, consumer-centric mindsets, and preservation of retail control, Acima Leasing paves the way for retailers to unlock new opportunities and elevate their business in the evolving retail landscape. So, as you embark on your journey to offer lease-to-own solutions, remember to check your spelling. “Amica”, “ancima”, “acema”, “accima”, or “acmia”, “amico” might creep into your search bar but remember there’s only one: A-C-I-M-A Leasing.