Chapter
Buy Now, Pay Later
51:03 - 53:45 (02:41)
Learn about a payment option where customers can make multiple payments for a product instead of upfront payment, similar to telling your parents you will work hard for four months to get something.
Clips
This episode discusses the idea of applying loyalty programs to real estate and how it can be effective.
51:03 - 51:57 (00:53)
Summary
This episode discusses the idea of applying loyalty programs to real estate and how it can be effective. The speaker finds it intriguing that a person with no real estate experience but with experience in human behavior could apply such loyalty programs.
ChapterBuy Now, Pay Later
Episode#198 - How to Build a Unicorn Around the NCAA Reg Changes
PodcastMy First Million
The concept of layaway used to be more popular in the past, but it still exists today and is used as a retail strategy.
51:57 - 52:18 (00:20)
Summary
The concept of layaway used to be more popular in the past, but it still exists today and is used as a retail strategy. Layaway involves a customer making installment payments over time to eventually pay for the product.
ChapterBuy Now, Pay Later
Episode#198 - How to Build a Unicorn Around the NCAA Reg Changes
PodcastMy First Million
Layaway is a payment system where customers pay for products over a period of time, rather than all at once.
52:18 - 53:45 (01:26)
Summary
Layaway is a payment system where customers pay for products over a period of time, rather than all at once. It is commonly used in low-end retail stores such as Walmart.