Biz Tip of The Day: People Spend From 12 to !8% More When Using a Credit Card


Biz tip of the day: People spend from 12 to 18% more when using a credit card, according to a Dunn and Bradstreet study. Make buying easy for your customers, accept credit cards, and use Pay Pal for online sales. Geoge Loewenstein, a professor at Carnegie Mellon says, “Credit cards effectively anesthetize the pain of paying.” Understanding human psychology helps in the art of selling. Don't be afraid of numbers and stats; they also help understand the buyers, and how to better market to them.

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