When retailers (let's face it businesses that sell large white goods and or luxury products are some of the better beneficiaiaries of Splitit)realise people have been holding back due to:
(a) covid, like should I buy that new fridge?naaugh don't want to go out could catch a virus, hmmn but I could order online...hmmn... but covid is starting to pass... I need that fridge
(b) BUT covid, better hold off on that new fridge, might lose my job soon in uncertain times without vaccine... but vaccines are soon
(c) BUT damn I want to buy that shiny silver fridge that throws out ice from the front, but it's a $1K more then I had in mind and I don't want to pay credit fees... errr I'll use a BNPL.. oh bother they all have tricky fees and won't lend me as much as I need... oh what's this Splitit option at checkout, when did this come in??--- what the heck i can buy it now and impress all my friends at the next dinner party (yes please shop seller person/webpage I'll take it now, means I don't have to save for two more pays yet I can still get it on the spot now...i deserve this fridge now and at least I'll have something motivating to come home to for the next month while I do my 9 to 5pm.. like knowing I'll owe nothing more on it soon (and paid nothing extra for having it up front), I'm so glad the shop dude/bot explained to me it was soo damn easy and no costs..hmmn this bit of my credit thing is locked out which is weird I didn't have to think about that with other BNPL, BUT in the end I get to pay installments and pay $0 fees --- why the heck is this not everywhere!!! damn I better get to the bank and see if I can legitimately raise my credit (which I've been putting off as I'd be too tempted to buy more).
hahaha...anyways
the merchants/retailer will soon realise they can not only stop cart abandonments but Basically Splitit is like a supersize me MAcca's deal haha -- man I need to sign me up!! man I need to truly partner with them to advertise that we use them (unlike the other BNPL who are advertising for me, bringing me customers and once I've used them up for a bit I'll dump them for using me up with high fees and shoving stickers everywhere and free adverts and sending my customers to my competitors...and other mixed thoughts as to which the heck one I'm suppose to pick, i mean I'll take em all as I don't want someone not to shop in my shop because I'm not backing their favourite.....oh that's right none of them loan out enough to be useful to me because I'm a luxury/white good seller ... arrrghhh mine is Splitit!! and I can avoid all the muck and stickers
haha end of today's ramblings.
SPT Price at posting:
88.0¢ Sentiment: Buy Disclosure: Held
