Canyon’s award winning bikes paired with Splitit leads to a great partnership
+13%
Increase in AOV
21%
of shoppers chose Splitit
Canyon + consumers
Canyon Bicycles is the leading direct-to-consumer bicycle brand. There has never been a middleman, since they are the manufacturer. Canyon has an international team of support agents who are available to help answer any questions in any language, and they listen closely to what their customers want.
Their bikes are performance design and technology, which means they do have a premium price tag, and financing options are a popular request.
Canyon + Splitit
Canyon bikes are designed and manufactured at their Headquarters in Koblenz, Germany, and shipped directly to their customers all over the world. Since the company operates on such a global scale, to meet their customers’ demands they needed a monthly payment solution that could easily work in all of their markets.
Canyon decided to partner with Splitit because their solution was a global one that offered seamless integration and worked across all platforms. The team at Canyon found onboarding and operating with Splitit to be an easy process, and it was really well accepted by their customers, even more than expected.
Within the first four weeks, they tested Splitit in 6 countries and saw 1500 transactions and a 13% increase in average order values (AOV). Now they’ve expanded Splitit into another 18 countries, with plans to enter the U.S. soon.
