Pay on time. Get paid back. This is the headline of an advertisement I found in a women's magazine for the Discover Motiva Card. The advertisment claims that this card will reward you for paying your bill on time. Pay your bill on time 6 months in a row and you automatically get the next montyh's interest back as a cash reward.
This is a smart move because of the situation the economy is in, the credit crisis and all the backlash aimed at credit card companies about their fees and interest rates.
Can you do something like this with your business to increase your sales and the view of your company? Doing something like this increases interest in your product or company, increases sales and increases your income at a time when you need it most.
This is a great way to encourage your customers to pay you on time and in full by their due date. Creating more income for you and less hassle trying to collect from an overdue account.
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