Klarna - The Power of Pay Later

In the current difficult market, many smaller luxury brands are looking at working with financial payment companies to offer payment terms to customers to incentivise them to purchase.

Partnering with Klarna could be a good way to boost sales and increase your average order value. You get more customers, who buy more and do it more often.

Customers can find online checkouts painful, particularly if there are complex registration forms to complete. They may also have doubts over quality, fit or shipping costs which can lead to abandoned carts and lost customers. With 24% of fashion now bought online, clothing, footwear and accessory retailers can’t afford any ‘runaway’ sales.

This is where Klarna comes in. Their Pay later and Slice it solutions, help visitors ditch doubts and indulge desires, giving them the confidence to buy more.

With Klarna you can:-

Break the discount cycle

Don’t rely on discounting to lift sales. By offering payment choices that suit their lifestyles, Pay later and Slice it can both boost conversion without devaluing your premium brands.

Make aspirational achievable

Adding powerful appeal for luxury and high-fashion brands, Slice It lets your customers spread the cost of their purchases over time. With flexible consumer finance at the touch of a button, shoppers can boost purchasing power price immediately at the online point of sale.

Turn sitting rooms into fitting rooms

Deliver the same experience as your in-store rivals. Klarna’s Pay later boosts your appeal by letting online customers try before they buy. Klarna pay retailers direct so there’s no risk for you.

Remove refund anxiety

With Pay later, shoppers only pay for things they keep. So, there’s no worry or hassle getting money back - for you or the customer.

Boost spontaneous purchases

Fashionistas can buy what they want, when they want. With Pay later purchase is easy, with minimal data collected and no card details needed, even on mobile. Frictionless, fast and pain free, making clothes shopping a cakewalk.

Find out more information at www.klarna.com