A Guide to Sweetening Your Medspa’s Financing Options
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Why Sign Up for Cherry?
Cherry is the easiest, most cost-effective patient Buy Now, Pay Later financing solution in the medical aesthetics market. Cherry reduces barriers to treatment by providing payment plan options, making it easier for patients to say yes to comprehensive treatment plans. When they don’t have to pay everything up front, they’re more likely to consider additional services, resulting in higher sales, and Cherry transactions average nearly 3x the AOV of standard credit card payments. Some additional benefits of Cherry include:
- Plumped profits: Unlike other financing options, Cherry lets you know upfront what clients are approved for so you can design custom treatment plans that fit their exact budget. In fact, patients who are approved for Cherry pre-consultation spend 40% more than patients who apply for it at checkout.
- Flexibility without compromise: Cherry makes treatments more accessible with easy and flexible payment options, helping you boost sales while delivering a better patient experience.
- Happier patients that return again and again: Over half of patients who use Cherry will use it more than once – usually at the same practice.
- VIP rates: As a Moxie provider, we’ve already negotiated the best rates and terms for you. Sign up with our exclusive link below to automatically receive Cherry’s “gold status,” which has an average of 1.86% lower fees compared to standard Bronze pricing.
Ready to open a Cherry account? Read on
Registration Process
- Fill Out the Registration Form: Visit our Moxie-exclusive link for Cherry’s best rates and enter your information.
- Contact Your PSM: Let them know you’re signing up for Cherry. They’ll help you complete a bank verification letter, which is part of Cherry's onboarding tasks.
- Schedule a Demo: Book an onboarding session with Cherry’s team. They’ll walk you through the platform.
- Get Expert Guidance: Cherry’s onboarding specialist will provide all the steps needed for a smooth go-live experience.
- Go Live: Once you’re done with onboarding tasks, you can begin processing Cherry transactions right away!
Don’t let uncertainty stand in your way. Cherry is one of the most effective ways to boost your revenue and help patients say yes to more comprehensive treatments. If you’re unsure how to get started - or want to learn effective selling strategies - simply reach out to your PSM. They’ll help guide you through best practices so you can maximize Cherry’s potential and avoid leaving money on the table!
What Next?
When you’re live, keep an eye on your Cherry dashboard to see who’s been approved for financing, this information can help you tailor treatment plans and upsell services.
Check out this article on best practices to maximize revenue with Cherry.
If you have other questions regarding Cherry, reach out to their support team by clicking on the Chat app or reviewing their help center within your Cherry Practice Portal.
