If it's a customer that is always of the habit of buying products on credit, I might have a restriction on the amount of money of good's worth that I'm going to release to him.
What will you do if your old customer doesn't have money to pay?
- Thread starter Imran Noori
- Start date
Probably, I think this is a very good strategy in which you can use to know if the customer have a history of paying or not. If the person have been paying without owing any money then you can release the product.
You don't just have to discard the customer like that. You have to consider the history of the customer. Loyalty deserves to be rewarded or helped out.
loyalty deserved to be rewarded or help out, i do this method too but only for loyal customers who always have a good record (i believe them that they will pay me without me asking them) and not all customers deserved this of course
This is very correct because whenever a customer is on good record when it comes to paying off his debt when he is supposed to according to his promises, there is no point in denying to give him products whenever he wants to buy them on credit.
Probably, in a business venture loyal customers should always be rewarded. In such a case you need to help them out.
Probably, you need to make sure that the customer is very reliable so that you will not lose money.
I don't give credit again. Humans are not trustworthy. On several occasions, Mojave tried to use that kindness to retain customers but it seems that once they are owing you, they will not near your shop again. I have decided that if you don't have money, don't near my shop. Twice beaten, twice shy.
This is actually the most important thing to put into consideration because as far as I'm concerned, if you have your product in your office, you will always have the possibility of selling it to another customer that has money to pay.
Yes, but as a business person you need to reward loyal customers sometimes. You need to recognise their loyalty especially if they are trusted.
