Xelector’s Personal Loans marketplace is uniquely
designed to recommend the personal loan that best meets users'
needs. A key offering within the Xelector Credit suite, the Personal
Loans marketplace enables channel partners to offer their users
the ability to compare, select and buy personal loans from their
site.
Channel partners can add new revenues as they
maximise their site’s stickiness simply by adding the Xelector
Personal Loans marketplace to their site through a rebranding
or cobranding arrangement. Xelector’s unique consumer decision-making
tools, which enable users to evaluate loans on features important
to them, generate higher close rates and greater customer loyalty
for channel partners, who share in the commission each time a
user purchases a personal loan through the marketplace.
Additionally, Xelector’s relationships with leading
product providers, such as Alliance & Leicester, Nationwide and
Cahoot, provide channel partners with a high quality, ready-made
marketplace that can be easily configured to emulate the look-and-feel
of their site.
How does it work?
A channel partner (e.g. unravelit.com) adds a link to the Xelector
Personal Loans marketplace. A user visiting the channel partner’s
site chooses to compare personal loans, and answers questions
about their personal loan preferences.
The user is given a graphical representation of their personal
loans preferences. This enables the user to then evaluate products
based on features important to them, such as payment structure
and service.
The user can then apply online to their chosen lender. If
the user is sucessful in their application, the channel partner
receives a share of the commission.
In addition to commission sharing generated through
the Xelector Personal Loans marketplace, channel partners gain:
Enhanced stickiness
Unparalled comparison shopping experience increases the stickiness
of channel partner sites and the length of its users’ visits.
Its unique consumer decision-making tools enable users to evaluate
products on features important to them, encouraging users to
complete their transaction online.
Quick and easy rebranding or cobranding
Xelector can add to a channel partner's site in 2-3 weeks in
8 simple steps.
Increased user knowledge
Xelector collects and shares with customers tracking of online
user behaviour in through its eIntelligence solutions. This
invaluable information on performance and product preferences
is presented to customers in easy-to-view reports accessible
over the web.
Traffic & conversion analysis and action
To ensure positive conversion rates and healthy commissions
for channel partners, Xelector provides monthly traffic and
conversion analysis reports on the Personal Loans marketplace.
These reports form the basis for joint marketing efforts to
increase conversion rates on the channel partner's site.
Customer service
Customer service is provided with the Xelector Personal Loans
marketplace. Web support, such as self-service FAQs, and e-mail
support are also available on the marketplace.
Brand protection
Xelector Personal Loans marketplace is built to the highest
standards in reliability and scalability to handle channel partners'
retail volumes safely. It also maintains the highest levels
of security and privacy.
If you are interested in Xelector’s Personal Loan
marketplace please contact loans@xelector.com
