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Introducing Afterpay: Giving fans freedom at checkout

Buying your products just got easier. We’re announcing an exciting new payment method to help make this holiday season your most profitable yet. Give fans the freedom to buy now and pay later—while you get paid immediately. 

Afterpay is the first step towards Spring’s evolution towards one-click, headless checkout for the creator economy. Watch this space for additional updates as Spring becomes the preferred destination for social commerce transactions across the web. 

How it works 

Afterpay makes it possible for you to buy something now, receive your goods, and pay them off later. It’s similar to a credit card, but with Afterpay, there is no interest or cost as long as fans pay off their balance on time. To use Afterpay, all you have to do is create an account and you can start using it as a payment method at checkout. 

Why fans love it

Afterpay enables Spring to offer a ‘buy now, pay later’ option to your shoppers. So what does that mean? Your fans no longer have to spend time entering payment details at checkout—nor enter into traditional loans, pay upfront fees, or interest if they don’t have the money on hand. Afterpay is completely free for customers who pay on time, plus, there’s even the option to split payments over 4 installments. 

Why creators love it

Afterpay can help increase the number of fans purchasing your products, the amount of money they spend, and the likelihood they’ll be back for more. 💰 

  • Some creators have seen conversion rates (fans purchasing products) increase by as much as 22%.  
  • Because Afterpay maximizes fans’ purchasing power, order values (the amount fans spend) has increased by as much as 40% in some cases.
  • Also, data shows fans who checkout using Afterpay are more likely to become repeat shoppers.  

Afterpay in action

There’s nothing needed from you—Afterpay automatically appears as a payment option during checkout for all shoppers located in the U.S. See what the checkout experience looks like for fans below. 

Now, it’s time to get fans to checkout… The most powerful way to do that over the holiday season: Create promo codes and announce your sales on socials. Head to your dashboard below to get started. 

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Creators Insights

$40k in one day: How Matt Meagher sold 700+ Spring hoodies with Shops on Instagram

When Matt Meagher learned he could earn 100% profit on all Spring products sold through his Shop on Instagram, he got to work. Fast forward 24 hours—and now he’s $40,000 richer.

Creator Matt Meagher, otherwise known as MMG (Madden Mobile Gods), built a passionate  community on YouTube around the popular sports video game ‘Madden Ultimate Team’. 

On November 2nd, Spring announced creators would earn 100% profit for each sale made through their shop on Instagram. Matt saw the opportunity and grabbed it:

“100% Profit is honestly insane. Nobody can compete with that, and it makes me feel so much better about releasing a high quality product to my fans.”

After launching his ‘Dialed In’ merch on Spring, he ordered samples, took photos, and shared them with his community. Using Instagram’s powerful shop features, Matt tagged his products in stories and posts so fans could easily discover his products right within the app. 

In just 24 hours, he sold 728 hoodies and earned over $40,000 in profit.

“The seamless integration makes the purchase incredibly easy for my fans. They don’t even have to leave the app. Easier for them, easier for me, it’s a win-win.”

Matt continued to promote his products on Instagram, bringing in over $75,666 in just five days. This is just the beginning, and we can’t wait to see what he does next. 

It’s your turn now. Check your eligibility by heading straight to the app below and start winning over the holiday season. Plus, U.S. based fans will enjoy free shipping (up to $15) on all Spring products sold through your shop on Instagram until December 31, 2021. What are you waiting for?

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Uncategorized

Spring & Instagram launch 100% profit payouts for creators during the holiday season.

Spring and Instagram are expanding access to Shops on Instagram to 350,000+ US creators, just in time for the holiday season. From today, they can earn 100% profit on all sales driven through the shop integration until December 31, 2021.

This unprecedented move means that creators will earn more than ever before: if a creator sells a hoodie for $40, they will keep all $40. This initiative will support creators even further as they ramp up sales in upcoming weeks—using powerful promotional tools like tagging products in posts, stories, reels, and more.

The initiative spearheaded by Spring and Instagram, is intended to further accelerate the creator economy for both aspiring and established creators. Historically, we’ve seen many make more sales during the holiday season than the entire year combined, so we’re looking forward to seeing this groundbreaking opportunity benefit thousands.