“Give a man a fish and he’ll eat for a day. Teach a man to fish and he’ll eat for a lifetime.”
This common adage is probably very familiar to you, to the point of being cliché. Yet, like many sayings of its type, there is a grain of truth to it. And in today’s technology-driven business world, providing your customers a platform for them to be more successful is an essential strategy for business growth. Just look at Amazon, for example, which enables thousands of businesses worldwide to be successful, be it through their seller platform or even Amazon Web Services, one of the top cloud computing platforms that fuel tech startups.
The key to empowering your customers to flourish is providing tools that they can leverage to their benefit. That’s how we see Credit Key, in fact. Put all of our sophisticated technology to provide instant credit approvals aside, and what you have a tool that businesses can use to help their customers grow.
How does this work? Well, using Credit Key can dramatically speed up order processing while also simplifying cash flow. By providing instant credit approvals, merchants can assemble, pack and ship orders faster, meaning that their buyers can get their raw materials faster and fulfill orders on their end faster. And for those buyers, increasing the delivery speed helps them deliver better customer experiences, engendering loyalty and, ultimately, more business. What’s more, with smoother cash flow, both sellers and buyers can reinvest capital faster and more fluidly, giving them the opportunity to grow.
A great example of this is Credit Key client Ryonet. Ryonet sells screen printing machinery and supplies, with customers ranging from big name manufacturers to smaller mom and pop t-shirt makers. Check out this quick video they made about how their customers use Credit Key:
Ryonet’s buyers need to get products quickly so that they can fulfill orders for their customers. And by using Credit Key to speed up that process, they’re able to get paid faster. In other words, Ryonet leverages Credit Key to not only grow their business, but also to help their customers grow their businesses. In this sense, Credit Key isn’t just a payment type, but a business enabler.
What’s more, Ryonet uses Credit Key to differentiate from their competitors. Similarly to what we mentioned above, they can process and ship orders faster, enabling their customers to do the same.
If you want to learn more about how Credit Key can help your business grow, contact us. We’re happy to show you how you can leverage our technology to empower your customers.