Offer finance for custom built computers

Updated
Oct 22, 2024 12:11 AM
Written by
Nathan Cafearo

Offering finance for custom-built computers enhances accessibility and affordability for customers, enabling broader access to high-performance technology. This approach boosts sales, customer loyalty, and positions businesses competitively in the market.

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Offer Finance for Custom Built Computers

In recent years, custom-built computers have gained popularity among gamers, professionals, and tech enthusiasts alike. The flexibility, performance, and customisation options that a bespoke PC offers far surpass what can be found in off-the-shelf models. However, while custom-built computers offer many advantages, they also come with a significant upfront cost, which can be a barrier for many potential buyers. Offering finance options for custom-built computers can bridge this gap, making high-performance technology accessible to a broader audience.

In this article, we will explore why offering finance for custom-built computers is essential, how it benefits both businesses and customers, and how Kandoo, a UK retail finance broker, can help streamline the process.

Why Custom-Built Computers Are in Demand

Before diving into the financial aspect, it's essential to understand why custom-built computers are becoming the preferred choice for many. The key reasons include:

  1. Performance: A custom-built PC allows users to select high-performance components tailored to their specific needs. Whether it's a gaming rig with top-of-the-line graphics cards or a workstation for video editing with massive processing power, users can optimise their system for maximum efficiency.

  2. Future-Proofing: With a custom build, users have the ability to upgrade individual components over time, which helps extend the lifespan of the system. This is in stark contrast to pre-built systems, which often limit upgrade options.

  3. Cost Efficiency: While the upfront cost may be higher, custom-built computers can provide better value for money in the long term. Users can prioritise essential components and choose where to save or splurge, ultimately resulting in a more balanced and efficient machine.

  4. Personalisation: For many, the ability to personalise the aesthetics of their computer—whether it’s through RGB lighting, custom cases, or unique cooling systems—adds a layer of satisfaction.

However, the cost of high-quality components and the expertise required to assemble them can make custom-built PCs a significant financial investment.

The Importance of Offering Finance for Custom-Built Computers

Custom-built computers can range from a few hundred pounds to several thousand, depending on the specifications. This cost can be a deterrent for many potential customers, especially if they don't have the liquidity to pay for it upfront. Offering finance options can be a game-changer for both customers and businesses.

1. Increased Accessibility

One of the most obvious benefits of offering finance for custom-built computers is that it makes these systems more accessible. Many customers who may not have the funds to pay for a high-end PC outright can spread the cost over several months or years, making it more manageable. By providing finance options, businesses can cater to a wider audience, including students, young professionals, and individuals who may not have substantial savings but still need a high-performance system.

2. Boost in Sales and Revenue

For businesses, offering finance can significantly boost sales. Customers are more likely to make a purchase if they can spread the cost over time rather than paying the entire amount upfront. This is especially true for high-ticket items like custom-built computers. By offering flexible finance options, businesses can increase their average order value and encourage customers to opt for higher-end components or additional features.

3. Customer Retention and Loyalty

Offering finance options can also improve customer retention. When customers know that they can rely on a business to provide flexible payment options, they are more likely to return for future purchases. Additionally, satisfied customers are more likely to recommend the business to others, increasing brand loyalty and word-of-mouth referrals.

4. Competitive Advantage

In a competitive market, offering finance options can give businesses an edge over competitors who do not provide such services. Customers are increasingly looking for convenience and flexibility, and businesses that can meet these demands are more likely to succeed.

How Kandoo Can Help You Offer Finance

Now that we’ve established the benefits of offering finance for custom-built computers, the next step is finding the right finance partner. Kandoo, a UK retail finance broker, can be an excellent solution for businesses looking to offer finance options to their customers. Here's how Kandoo can help:

1. A Wide Range of Lenders

Kandoo works with a panel of reputable lenders, giving businesses access to a variety of finance options. This means that businesses can offer their customers more choices when it comes to financing their custom-built computers. Whether it's interest-free credit, personal loans, or buy-now-pay-later schemes, Kandoo can help tailor the financing to suit the customer’s needs.

2. Simple and Transparent Process

Kandoo makes the financing process simple and transparent. The application process is straightforward, with no hidden fees or complicated terms. Customers can quickly check their eligibility online, and once approved, they can choose from a variety of finance options. This ease of use can enhance the customer experience, making it more likely that they will go through with their purchase.

3. No Hard Credit Check

One of the standout features of Kandoo is that customers can check their eligibility without undergoing a hard credit check. This is beneficial for customers who may be concerned about their credit score, as it allows them to explore their finance options without negatively impacting their credit rating.

4. Flexible Finance Options

Kandoo offers flexible finance solutions, allowing customers to choose a payment plan that works best for their financial situation. Whether they prefer to spread the cost over a few months or several years, Kandoo's wide range of options ensures that customers can find a plan that fits their budget.

5. Trustworthy and Regulated

Kandoo is authorised and regulated by the Financial Conduct Authority (FCA), ensuring that all finance options provided are trustworthy and comply with UK financial regulations. This adds an extra layer of security for both businesses and customers, knowing that they are dealing with a legitimate and regulated broker.

How to Integrate Finance Options into Your Custom PC Business

Once you've partnered with a finance broker like Kandoo, the next step is integrating finance options into your business. Here are some tips on how to do that effectively:

1. Display Finance Options Prominently

Make sure that your finance options are clearly visible on your website and in-store. When customers are browsing custom-built computers or configuring their own system, they should be aware that finance is available from the very beginning. This can encourage them to consider more expensive components or upgrades, knowing that they can spread the cost over time.

2. Educate Your Customers

Not all customers are familiar with finance options, so it’s essential to educate them about how it works. Provide clear information on your website about the different finance plans available, how to apply, and what the terms and conditions are. You could even create a dedicated FAQ page to answer common questions about financing.

3. Offer a Range of Finance Options

Different customers have different financial needs, so it's essential to offer a variety of finance options. For example, some customers may prefer an interest-free credit option, while others may be happy with a longer-term loan with a lower monthly payment. Kandoo can help you provide a range of options, ensuring that you can cater to a diverse customer base.

4. Promote Finance Offers

If you're running special finance offers, such as 0% interest for a limited time, make sure to promote these offers across your marketing channels. Highlighting these promotions can attract new customers who may have been hesitant to make a purchase due to the upfront cost.

5. Train Your Staff

If you have a brick-and-mortar store, ensure that your staff are well-trained on the finance options available. They should be able to explain the benefits of financing to customers and guide them through the application process. This personal touch can help reassure customers and make them more comfortable with the idea of financing their purchase.

The Future of Custom PC Financing

As the demand for custom-built computers continues to grow, offering finance options will become increasingly important. More and more customers are looking for flexible payment solutions that allow them to invest in high-quality technology without breaking the bank. By partnering with a trusted finance broker like Kandoo, businesses can stay ahead of the curve and provide their customers with the financial flexibility they need.

In conclusion, offering finance for custom-built computers is not only beneficial for customers but also for businesses looking to increase sales, customer satisfaction, and loyalty. With the help of Kandoo, businesses can offer a wide range of finance options, making it easier for customers to purchase the custom-built computer of their dreams. By integrating finance options into your business, you can make high-performance technology more accessible and grow your customer base in the process.

I am a business

Looking to offer finance options to my customers

Find out more

Apply for a loan

I'd like to apply for a personal loan

Apply now
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