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spara helps shoppers to save up for products they love, directly with their favourite brands1-10 Employees
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Jobs at spara

spara is here to revolutionise the way people buy expensive products from their favourite brands. eCommerce assumes that all buyers have the money and are ready to buy which results in low conversion rates. Most brands offer a suite of credit options such as buy now pay later to push consumers to buy even if they aren't ready. But over 50% of buyers don't touch credit and plan their spending for expensive items over a number of months, eCommerce stores just know little about it. What if there is another way to buy? What if eCommerce stores allowed shoppers to save up with them to buy, and gave them a discount for doing so? Knowing someone is saving to buy allows eCommerce stores to stop retargeting the customers with expensive advertising, and better plan inventory, allowing the eCommerce store to pass part of these operational cost savings to the shopper. The brand and shopper win, and advertising and predatory financial services companies lose. Let's change the way people buy. Because credit doesn't create wealth for shoppers, it destroys it. Let's better support and reward savers. Let's change consumer behaviours for the better, creating habits to plan to buy, rather than acting on our impulses. Let's give brands a sustainable payment option which yields them incremental, margin-enhanced revenue. Let's teach the world the benefits of delayed gratification, right in the middle of the eCommerce flow.

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