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Increasing the Rate of Consumer Credit in a Specialty Furniture Store Chain

Client Context and Brief

A consumer credit company and contemporary furniture store chain both seeking to increase the rate of consumer credit.

Anderna’s Contribution

A two-pronged training system that simultaneously addresses:
  • Skills and training that must uphold an action-based framework to obtain simple responses

The each participant's commitment and key components of the project:
  • In-store managers: to adopt an exemplary role and attitude
  • Client-facing employees: to instill a true sense of involvement in the project
  • A multimedia training kit geared towards business consultants and in-store cashiers
  • Simplicity to obtain good responses and focus on feedback as a means to kick-start motivation
  • Organized in sequences of 20 - some generic for all participants, and others that are specifically tailored for consultants and cashiers

Teaching Rotation

  • Brief theory-based training followed by practical application through a questionnaire or video
  • Questionnaires based on client scenarios
  • Videos are of client testimonials, strategies, 7 errors, and ‘best practice' teaching models
  • Training kit maximize learning modules

Result

  • Increase of over 30% in the rate of consumer credit observed nationwide
  • Development of a new tool for another chain specializing in house appliances
 

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