How to Offer Finance for Premium BBQ Kitchens

Why Offer Finance on Premium BBQ Kitchens?

The rise of outdoor living in the UK has made premium BBQ kitchens a desirable home upgrade. However, their higher price tags can be a barrier. Offering finance options breaks down that barrier, making luxury more accessible and increasing your conversion rates.

"Offering customer finance can triple your chances of closing a high-ticket sale." – Kandoo Expert

Key Benefits at a Glance:

• Increase sales: More customers can afford luxury upgrades when spread over time
• Competitive edge: Stand out from the competition
• Enhanced customer experience: Flexible payments mean less purchase anxiety
• Larger average basket sizes: Customers may add features or upgrades

Understanding Your Finance Options

There’s no one-size-fits-all solution. Popular finance products for BBQ kitchen retailers include:

Steps to Offering Finance

1. Choose a Specialist Broker

• Partner with an FCA-authorised retail finance broker like Kandoo.

1. Integrate Finance Options

• Add finance calculators to your website and POS.

1. Promote Availability

• Use marketing materials and staff training to raise awareness.

1. Handle Applications

• Guide customers through the quick, simple application process.

1. Complete the Sale

• Once approved, the customer signs electronically and you get paid promptly.

Compliance & Legal Considerations

Offering finance in the UK is regulated by the Financial Conduct Authority (FCA). Key points include:

• FCA Authorisation: Needed for most types of credit except if operating as an Introducer Appointed Representative (IAR) via a broker
• Clear Marketing: Regulations require all finance offers to be clear, fair and not misleading
• Data Protection: Handle personal data following GDPR rules

:warning: Tip: Use pre-approved marketing content from your broker to stay compliant.

Best Practices for Maximising Uptake

• Train Staff: Knowledgeable staff can explain finance, handle objections, and close sales
• Prominent Placement: Advertise finance options in your showroom, website, and social media
• Answer FAQs: Address common queries upfront (e.g., credit checks, deposit amounts)

Pull Quote

"Finance transforms a 'maybe' into a 'yes'—especially for high-value purchases like outdoor kitchens."

Common Questions Answered

Q: Does offering customer finance cost my business money?

There may be a small subsidy for interest-free credit, but the sales boost and larger order values will often outweigh this cost.

Q: Can customers settle early?

Yes, most finance products allow early settlement without penalty.

Q: What’s the application process like?

Most are completed online in minutes, with instant decisions.

Real-World Example

Consider ‘Outdoor Living Experts’, a BBQ kitchen retailer. After introducing customer finance:

• Conversion rates increased by 30%
• Average order value grew by £1,500
• Customer satisfaction scores rose, citing ‘flexibility and ease’ as key drivers

Next Steps: How to Get Started

• Assess your current sales process to identify opportunities for finance integration
• Contact a retail finance broker for tailored product advice
• Book a staff training session to boost confidence and compliance

Ready to take your premium BBQ kitchen sales to the next level? Contact Kandoo today!