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Problems - Startup Ideas Forum

15 votes

I can't use layaway to put money towards new skis/bike

I could never throw down 1-2k for a new mountain bike or the latest skis I want, my wife would suggest we be more practical. However, I could put $200/month or so towards that new bike I have my eye on. Layaway sites exist but are terrible. This should be an option for bike shops to utilize ju... more

  1. Comments
  1. We have the solution for your merchant ~ www.layawaypro.com. If you send me their contact information, I will be happy to contact them.

  2. This might be a good tie in with the "bad habit" app. Two avenues: 1) follow my idea of reporting and tracking your goal. 2) an actual escrow service where you can pay X amount and give it back at the end when it's all saved up (or work with the retailers to pay them directly.)

  3. 3

    A common response to this idea is "Why wouldn't I just use my Savings Account instead?". Shops would need to offer incentives like a discount on the price of the bike and in-store discounts on other gear, service and rentals. This is a good opportunity for a shop to create a long term relationship with the Customer.

  4. 3

    If anyone has seen this done well please tell me about it.

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