OUR PARTNERS ANALYZED AFFIRM STOCK
5 reasons to invest in the buy-now, pay-later stock
If Amazon thinks partnering with Affirm is a smart move, should you hop on the train too?
The buy-now, pay-later trend is spreading like wildfire! Our partners Brian Feroldi and Brian Stoffel analyzed AFRM stock. Here’s a 5️⃣ part thread of tips they shared:
1️⃣ Affirm is approaching the archaic payment systems we currently have and improving 3 main things: point-of-sale payment solutions for customers, merchant commerce solutions, and a consumer-focused app. 👀
2️⃣ As of its IPO in August, Affirm boasted placements with more than 6,500 merchants! Its Net Promoter Score (NPS) which reflects customer sentiment was a great 78 as well. That would explain the 64% returning customers. 💰
3️⃣ If you are an Affirm customer, you can use its app to get a tailored marketplace of products that will interest you! The company is utilizing its massive amounts of data gathering to provide more value to the consumers themselves. This directly increases revenue as well. 📊
4️⃣ Affirm is leading the buy-now, pay-later industry and becoming a threat to legacy banking systems by bypassing the issuing bank, card networks, and merchant acquirers all at once! It’s becoming a great alternative to layaway, easing the burden on merchants.
5️⃣ Affirm is positioning itself to be a great tool for merchants, which will gain it more exposure. The software utilizes analytics for merchants along the entire sales process to provide valuable info they can’t easily get elsewhere.
Check out the rest of their analysis!
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