EFT - tanTALK

rjwarner · 10-30-2008, 08:09 PM

Not using EFT and would like to know the pros and cons of doing it. I would expect income to rise...but how much? What problems will I encounter....or is it all good? Thanks for the advice!

unity · 10-30-2008, 08:14 PM

Do a search, lots of info.

But generally its a good thing.

beachbumz · 11-05-2008, 10:34 AM

EFT packages help carry us through the winter months. Several users we rarely see for a few months but pay each month for the year to get a better rate. It works for us and I wish more of our customers would do it.

It's just a real hassle dealing with the few who constantly "lose" their credit card or changed banks mid-contract.

bronzecafe · 11-05-2008, 11:11 AM

Love it! Rent is paid on the first every month with our eft. Some customers I havn't seen since July. Con is that you will have to deal with the ones that start it and then want to cancel in a month or two so then you have to decide to either enforce your minimum monthly obligation and lose them as a customer if they are angry. Really no con other than that.

dr mist · 11-05-2008, 06:24 PM

how do you all push selling the eft the most?

DB Hottie · 11-06-2008, 08:03 AM

It's really the best value- like the above said, even if they don't use it for awhile. #1 benefit of this time of the year is very few are using it and THE RENT IS PAID ON TIME ;) Some of them come in a couple of times a month- when they see the draft on their account, it's like a reminder.

It cost a little more than the standard unlimited tanning would for a month (after sign up fee). We don't have a minimum amount of months they have to sign up for. They can cancel when they wish to. The date of cancellation determines whether they will go through one more billing cycle or not.

Selling it is not hard, especially if you have had a previous unlimited package to compare it to/sell it against. They see the value clearly.

rjwarner · 11-06-2008, 08:22 AM

What is everybody doing as far as set up or initiation fees? And, if they quit and then want to start up again do you charge another set up fee? What amounts are you charging for this fee? And when would be the best time to start this?

DB Hottie · 11-06-2008, 08:46 AM

Quote:

Originally Posted by rjwarner

What is everybody doing as far as set up or initiation fees?And, if they quit and then want to start up again do you charge another set up fee?

Quote:

Yes

What amounts are you charging for this fee?

Quote:

$35

And when would be the best time to start this?

Anytime, pick a date and run with it.

You need to decide if you will prorate the first month and draft on one day a month or if they will pay a full month and you will be one to do daily drafting for each account.

unity · 11-06-2008, 09:19 AM

We offer it two ways. Either a one year commitment with no sign-up fee or they can go month to month with a $25 sign-up fee. With the $25 sign-up fee they also get $25 in free upgrades, that makes it easier to sell. If they cancel before using all of the upgrades, they are lost though and if they sign back up, $25 again.

dcjjp2 · 11-06-2008, 09:25 AM

What is the dollar difference between your EFT and monthly rates. Mine is currently up to $30 difference first level is $20 level 2 and 3 are $30 difference.

10-30-2008, 08:09 PM	#1 (permalink)
rjwarner Join Date: Aug 19 2007 Location: midwest Posts: 120 Rep Power: 17	EFT Not using EFT and would like to know the pros and cons of doing it. I would expect income to rise...but how much? What problems will I encounter....or is it all good? Thanks for the advice!

10-30-2008, 08:14 PM	#2 (permalink)
unity I vote for DERF! Join Date: Jan 6 2004 Location: Midwest-ish Posts: 4,400 Rep Power: 22	Re: EFT Do a search, lots of info. But generally its a good thing. __________________ OMG! I made a post! :)

11-05-2008, 10:34 AM	#3 (permalink)
beachbumz Join Date: May 7 2005 Location: North Carolina Posts: 151 Rep Power: 19	Re: EFT EFT packages help carry us through the winter months. Several users we rarely see for a few months but pay each month for the year to get a better rate. It works for us and I wish more of our customers would do it. It's just a real hassle dealing with the few who constantly "lose" their credit card or changed banks mid-contract. __________________ www.BeachBumzTanning.com www.Beach-Bumz.com FaceBook mySpace

11-05-2008, 11:11 AM	#4 (permalink)
bronzecafe Join Date: Nov 10 2007 Location: Florida Posts: 196 Rep Power: 17	Re: EFT Love it! Rent is paid on the first every month with our eft. Some customers I havn't seen since July. Con is that you will have to deal with the ones that start it and then want to cancel in a month or two so then you have to decide to either enforce your minimum monthly obligation and lose them as a customer if they are angry. Really no con other than that.

11-05-2008, 06:24 PM	#5 (permalink)
dr mist Join Date: Dec 26 2006 Posts: 183 Blog Entries: 1 Rep Power: 0	Re: EFT how do you all push selling the eft the most?

11-06-2008, 08:03 AM	#6 (permalink)
DB Hottie Join Date: Jul 8 2008 Location: Midwest Posts: 1,085 Rep Power: 16	Re: EFT It's really the best value- like the above said, even if they don't use it for awhile. #1 benefit of this time of the year is very few are using it and THE RENT IS PAID ON TIME ;) Some of them come in a couple of times a month- when they see the draft on their account, it's like a reminder. It cost a little more than the standard unlimited tanning would for a month (after sign up fee). We don't have a minimum amount of months they have to sign up for. They can cancel when they wish to. The date of cancellation determines whether they will go through one more billing cycle or not. Selling it is not hard, especially if you have had a previous unlimited package to compare it to/sell it against. They see the value clearly.

11-06-2008, 08:22 AM	#7 (permalink)
rjwarner Join Date: Aug 19 2007 Location: midwest Posts: 120 Rep Power: 17	Re: EFT What is everybody doing as far as set up or initiation fees? And, if they quit and then want to start up again do you charge another set up fee? What amounts are you charging for this fee? And when would be the best time to start this?

11-06-2008, 09:19 AM	#9 (permalink)
unity I vote for DERF! Join Date: Jan 6 2004 Location: Midwest-ish Posts: 4,400 Rep Power: 22	Re: EFT We offer it two ways. Either a one year commitment with no sign-up fee or they can go month to month with a $25 sign-up fee. With the $25 sign-up fee they also get $25 in free upgrades, that makes it easier to sell. If they cancel before using all of the upgrades, they are lost though and if they sign back up, $25 again. __________________ OMG! I made a post! :)

11-06-2008, 09:25 AM	#10 (permalink)
dcjjp2 I love Derf!! Join Date: Jul 12 2004 Location: Va Posts: 3,228 Rep Power: 28	Re: EFT What is the dollar difference between your EFT and monthly rates. Mine is currently up to $30 difference first level is $20 level 2 and 3 are $30 difference. __________________ Jeff

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