Footwear Insight

September/October 2024

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A s a footwear retailer, you're constantly searching for ways to increase revenue while delivering exceptional value to your customers. What if you could do both with one simple solution? Introducing the Shoe Guard Extended Protection Plan, an innovative, fully insured, program designed to protect your customers' footwear from accidental damage while giving your business a significant financial boost. e Shoe Guard Protection Plan covers unexpected mishaps including, rips, tears, sole separation, broken heels, seam splits, and broken eyelets. If a customer's footwear experiences accidental damage, we replace it with a brand-new pair, making it a seamless experience for both you and the consumer. Here's why it's a game-changer for your store: • Great Value for Customers: Priced at just 12-15% of the footwear's retail price, it offers incredible value, making it an easy sell. • Boost Your Bottom Line: Operating on a consignment model with no inventory to manage, it generates profit margins of over 50%, improving your store's revenue. • Proven Consumer Interest: Over 75% of consumers surveyed said they'd buy protection for accidental damage—an easy way to increase your average sale value. Retailers already benefiting from the program agree. Dave Schoengart, CEO of Shoe Sensation, Inc. puts it this way, "Our experience with New Leaf has been superior. e Shoe Guard program has been adopted quickly by our sales teams and has added value and peace of mind for our consumers. With no cost of goods, we are generating revenue that directly improves our EBITDA margins. We are very excited about this partnership, the profitability, and the future." Developed and administered by New Leaf Service Contracts, Inc., an employee-owned company founded in 2011. SPONSORED CONTENT Unlock Higher Profits with the Game-Changing Shoe Guard Protection Plan Contact: Kharl Mena, Vice President Business development Kmena@newleafsc.net Scan here for additional information or visit: www.newleafsc.net/shoeguard Q: What is the Shoe Guard Protection Plan? e Shoe Guard Protection Plan is the footwear industry's first extended protection plan designed for all types of footwear. It covers accidental damage such as rips, tears, sole separation, broken heels, seam splits, and even broken eyelets. If a customer's shoes are accidentally damaged, the plan pays for a brand-new replacement pair. Q: Why should retailers choose the Shoe Guard Protection Plan? Retailers should choose the Shoe Guard Protection Plan because it offers a high-value, low-risk solution that boosts profits and enhances the customer experience. With growing consumer demand for protection plans, it's an easy way to drive additional revenue with minimal effort. Q: What does the retailer have to do? We designed the Program to be simple. ere is no cost to enroll, you offer the program to your customers in-store or on-line. You send us the customer's sales information and payment for the plans sold. (you as the retailer make 50% or more in profit margin) Should a customer have an accidental damage event, they contact New Leaf, and we handle it. If the customer would rather come back to you, then we simply pay you for the replacement shoes. It's that simple. Q: How do retailers enroll in the Shoe Guard Protection Plan? Retailers can easily enroll by contacting New Leaf Service Contracts, Inc. Once enrolled, retailers will receive sales training and marketing support to make implementation seamless.

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