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Home » Recent Posts » Singer’s $5 Down Purchase Plan in 1856

Singer’s $5 Down Purchase Plan in 1856

Small Business Wisdom

In 1856, Singer partner, Edward Clark introduced a purchase plan requiring ‘just’ $5 down for a new sewing machine followed by small monthly payments.

Sales tripled the following year…

Originally posted as a note on St. Clair Exchange: Singer Tripled Sales With $5 Down and Small Monthly Payments in 1856

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