Increased AOV and monthly check out volume … has a nice ring to it
Partner
Noémie
Overview
Noémie is a direct-to-consumer label that offers beautiful, high-quality fine jewelry for fair prices.
Opportunity
Noémie combines sustainable practices, luxury materials, quality design and aspirational messaging to appeal to the modern consumer. They’ve invested in a streamlined experience that inspires customers to shop smarter and return to purchase with long-term loyalty in mind. By partnering with Bread Financial™, they’ve had the support they need to grow their business year over year — all with the help of whitelabeled, full-funnel financing.
To grow successfully, we needed more than just a payments provider. We needed and wanted a financing partner that could keep pace with our growing business. We sought an expert financing company that could offer technical innovation and customer understanding — and that’s exactly what we found in Bread Financial™ and Bread Pay™."
Yuvi Alpert - CEO, Noémie
When the partnership began in 2017, Noémie’s AOV (average order value) was around $1K. Since partnering with Bread Financial™, their AOV has increased by 110%. They’ve also seen Bread PayTM’s payments solution drive real value for their business, starting with immediate growth to their overall monthly checkout volume by 210%. The 12-month, 0% APR term is now driving more than 50% of their financed sales per year.
Bread Financial™ has been a partner for today, and also for tomorrow. They’ve innovated as we’ve innovated. We really appreciate that they understand how important it is for us to deliver the best experience possible, and their willingness to always try new solutions to achieve that. Their openness to not only share their data with us, but use it with our integrations to drive success for our business, has been a huge factor in the success of our partnership."
Yuvi Alpert - CEO, Noémie
* Cumulative data from this case study is based on the merchant’s loan activity dated November 2017 through November 2022. Results may vary by merchant and not all merchants will achieve these results.
