Rollick and Synchrony Expand Powersports Financing Partnership Nationwide
Rollick Inc. has expanded its partnership with Synchrony (NYSE: SYF), enhancing their financing options for Powersports, Marine, and RV customers. Since launching the Synchrony Loan Rebate Offer pilot in June 2020, they reported increased loan activity and customer engagement. Participants in the program can receive a $150 Visa Gift Card after financing a vehicle for $2,500 or more. The program aims to improve affordability, visibility into budgeting, and loyalty among users, helping expand Synchrony's market reach.
- Expanded partnership with Synchrony could increase loan activity at dealerships.
- Successful pilot program leading to national expansion may strengthen financial performance.
- Customer incentives, like the $150 Visa gift card, boost consumer engagement and sales.
- None.
AUSTIN, Texas and STAMFORD, Conn., Sept. 1, 2021 /PRNewswire/ -- Rollick Inc., the leading relationship marketing technology provider for Marine, Powersports, and RV dealers and manufacturers, today announced an expanded partnership with Synchrony (NYSE: SYF), a premier consumer financial services company.
The two companies launched the Synchrony Loan Rebate Offer pilot program through Rollick's dealer website widget and the GoRollick Marketplace platform in June 2020. Leading up to the national expansion on July 1, 2021, Rollick offered thousands of shoppers an invitation to apply for Synchrony's installment loan product throughout the purchase journey. Shoppers that turned into buyers and financed their purchase with Synchrony were offered a gift card. The Synchrony customer incentive combined with Rollick's dealer activation tactics led to an increase in Synchrony's loan activity at qualifying and enrolled dealerships during the pilot period.
"The success of our pilot program with Rollick demonstrates the popularity of introducing affordability with financial products like installment loans earlier in the consumer shopping journey. Installment loans give customers more visibility into their budgets by offering fixed payments for powersports vehicles. We look forward to expanding the program nationwide," said Keith Mait, Senior Vice President, General Manager, Synchrony.
Members of Rollick's affinity and employer partners (such as Sam's Club, Progressive and AAA), access this exclusive program from GoRollick Marketplace program websites and Rollick's new digital retailing widget, RollickDR. After program users purchase a vehicle for
"We built Rollick to enhance all aspects of the purchase process," said Jason Nierman, co-founder and Chief Revenue Officer for Rollick. "Our affinity-based program users are very qualified buyers, and they are much more loyal to dealers in the Rollick network. That loyalty now extends to Synchrony. Our proprietary incentives engine and shopping tools performed beyond our expectations. We now look forward to applying our learnings to the national expansion with the goal of driving more loans to Synchrony through its vast dealer network."
Synchrony and Rollick are available nationwide. Learn more about the Synchrony and Rollick partnership by visiting the program landing page.
About Rollick, Inc.
Rollick connects manufacturers, dealers, and finance and insurance providers with in-market consumers in the Powersports, RV, and Marine industries to deliver a seamless customer journey. Rollick's OEM solutions include new customer acquisition, enterprise lead management, customer experience/loyalty, and marketing automation. In addition, the company has rapidly built its GoRollick.com outdoor recreational vehicle buying marketplace to include a nationwide network of dealers, over 100 manufacturers, and an affinity partner network with access to over 250 million high-quality customers including policyholders of major insurance providers, employees at more than 2,000 top U.S. companies, members of the military, veterans and first responders. For more information, visit Rollick.
About Synchrony
Synchrony (NYSE: SYF) is a premier consumer financial services company. We deliver a wide range of specialized financing programs across key industries, including digital, retail, home, health and pet. Synchrony enables our partners to grow sales and loyalty with consumers. We are one of the largest issues of private label credit cards in the United States; we also offer co-branded products, installment loans and consumer financing products for small-and medium-sized businesses, as well as healthcare providers. Synchrony is changing what's possible through digital capabilities, deep industry expertise, actionable insights, frictionless customer experience and customized financing solutions. For more information, visit www.synchrony.com and Twitter: @Synchrony
View original content to download multimedia:https://www.prnewswire.com/news-releases/rollick-and-synchrony-expand-powersports-financing-partnership-nationwide-301367408.html
SOURCE Rollick
FAQ
What is the new partnership between Rollick and Synchrony about?
When was the Synchrony Loan Rebate Offer launched?
What benefits do customers receive from the Synchrony Loan Rebate Offer?
How does the partnership impact Synchrony (SYF)?
What is the goal of the national expansion of the Synchrony program?
