How Woodstock Furniture Outlet Provides Better Service with Acima
Overview
With its company mission always top of mind, the family owned and operated Woodstock Furniture Outlet was able to immediately increase its revenue by two percent (a percentage that continues to increase) just by providing a lease pay solution Acima option for its customers.
The company, which always provided finance options, missed out on sales when customers walked out of the store if they didn't have cash or good credit. Brian Aaron, vice president and COO of Woodstock, and his family, who greatly care for all of their customers, wanted to find a way to provide furniture and services for these customers.
"We genuinely care for our customers," said Aaron. "A lot of great people were affected by the economic downturn. They are people who work hard, pay their bills, and deserve the ability to regain their foothold—Acima helped us make that possible for many people."
"There is no other way to describe it [Acima]. It's just simple. It was simple for us to begin using; it's simple for our customers to apply and the most important part is that we are now making sales and additional revenue in an important area that we couldn't serve before. It provides an exceptional service to our customers." – Brian Aaron, VP and COO
About Woodstock
Woodstock Furniture Outlet first opened its doors in 1988 selling closeout and discontinued furniture and mattresses. The company later became one of the premier furniture outlets in its area selling name brand home furniture. The company operates by a faith-based mission to serve its customers and community that it continues to live by today.
"Our mission is to serve our Lord, our community and our customers," said Aaron. "We continually work to be loyal to our friends and neighbors. We're loyal to our customers."
In 2001, the company built its 95,000 square foot main showroom and distribution warehouse. In 2005, they built their second showroom in the Hiram/Dallas, Georgia area and in 2011 opened their Woodstock Mattress Outlet in Canton, Georgia.
"A few critical areas are setting us apart from our competitors," said Aaron. "First, we are always looking for ways to better serve our customers. We will do just about anything to help a customer. For example, we provide same day delivery or pickup for all our patrons. If you buy it today, you get it today."
Business Needs
"We have always provided financing options for our customers," said Aaron. "But there was a significant number of our patrons who didn't have the cash or the good credit to obtain the furniture they desired. It broke our hearts to see those patrons leave the store empty handed. We wanted to find a way to provide them with options."
About 35 percent of Woodstock's customers use some form of financing. But for those with bad credit, there were very few options. Aaron said they tried a few different lease-to-own providers, but found most of them were difficult to use, complex, lacking in customer service and costly—people obtaining furniture were often paying three or more times the price at rent-to-own stores.
"It's ridiculous for someone to have to pay more than $3,000 for a $1,000 couch," said Aaron. "We would rather not sell to a customer than do something like that or something that is not good for our customer."
Many of the lease-to-own options they tried were very expensive and over the life of the lease-to-own timeframe, customers paid extremely high costs for the goods they purchased.
Acima Solution
The solution for Woodstock was to provide a lease-to-own option by Acima.
One day Aaron's daughter who worked in the showroom suggested he speak with a sales rep who had walked into the store. After three separate and persistent requests, Aaron relented, went out and talked to the sales rep. The sales rep's name was Austin Allred from Acima.
"He was a godsend. We needed it, and it came in the form of a cold call," he said. "Austin explained what Acima was all about and within one hour we were ringing up sales with customers who used Acima."
"There is no other way to describe it. It's just simple. It was simple for us to begin using; it's simple for our customers to apply and the most important part is that we are now making sales and additional revenue in an important area that we couldn't serve before. It provides an exceptional service to our customers."
Available in each of its three showrooms, Woodstock has several kiosks or computer terminals where customers can pick the lease or financing options that work best for them. Acima is Woodstock's 'go to' lease-to-own option.
Woodstock's customers simply apply with Acima online at one of their kiosks or from their home. Acima uses a few criteria in its methodology to approve a customer: they need a job, a current checking account and their ID. Within a few minutes, they are pre-approved to lease-to-own their furniture.
Results
The biggest result for Woodstock is the ability to fulfil their mission to provide the best service available. Acima helps give them that ability to a group of previously unserved customers. From a business and finance perspective, it helped increase their dollar volume and revenue immediately by a growing two percent.
"On the surface, two percent doesn't seem like much," said Aaron. "But a growing two percent increase from zero is significant in our business."
A high percentage of Woodstock's Acima customers pay off their lease-to-own contract within 90 days, which gives them a 90-day cash option.
"Most of our customers who use Acima, pay off their lease-to-own option in significantly less time than is required," said Aaron. "Those who do exercise the full life of the contract pay significantly less than other lease-to-own options. The associated cost of the lease-to-own contract is considered by many of our customers a cost of convenience. They understand that cost and don't mind paying it."
Providing Acima for its customers continues to provide an important new level of service to Woodstock’s customers helping fulfill their mission. During the past year, Woodstock experienced substantial growth with Acima playing a significant role. "Acima is simple to work with," said Aaron. "They have all of the processes and procedures needed to help us serve our customers. We've had few issues or problems come up, and when they do, Acima is very responsive."
The Tamayo’s Jewelry Group began as a family-owned business in 1994 and has grown into a leading jewelry retailer in the Rio Grande Valley, Texas, known for custom gold pieces, chains, bracelets, pendants, wedding bands and diamonds.
Serving a community where many customers are credit-challenged and financing approvals can be difficult, Tamayo’s faced a common retail hurdle: high walkaway rates when shoppers couldn’t qualify for credit. This limited their ability to close sales on high-ticket gold items, especially as gold prices soared past $4,000 per ounce.
By partnering with Acima Leasing (Acima) in 2019 and making its lease-to-own (LTO) solution a featured checkout option presented to customers, The Tamayo’s Jewelry Group transformed inaccessible sales into take-home lease transactions. The Acima LTO program empowered consumers without perfect credit, drove explosive revenue growth and created a seamless experience that customers and staff love.
The simple LTO solution from Acima helped The Tamayo’s Jewelry Group capture a wider market, eliminate frustrations with credit cards and financing and accelerate their success in a competitive jewelry market.
The Challenge
In the Rio Grande Valley, credit providers approve as few as 1 out of 20 applicants, leaving the majority of customers unable to finance purchases. Without flexible alternatives, credit challenged shoppers frequently left empty-handed, especially for premium gold jewelry that requires significant upfront financial commitment.
The Tamayo’s Jewelry Group needed a solution to:
Reach non-prime and credit-challenged customers who don’t qualify for financing.
Reduce in-store walkaways and online cart abandonments.
Support higher average order values on big-ticket items.
Deliver a frustration-free experience for both customers and associates.
The Solution: Acima’s Lease-to-Own Platform
The Tamayo’s Jewelry Group partnered with Acima in 2019, integrating the Acima LTO solution and promoting it as the preferred option for customers in-store and online. With the Acima platform, The Tamayo’s Jewelry Group has reported:
High Approval Rates
Approximately 8 out of 10 applicants approved (owner-provided data), with a fast, easy application process.
Reliability
At the time of writing, The Tamayo’s Jewelry Group has enjoyed a glitch-free experience and zero reported upset customers.
Transparency and Flexibility
Clear lease agreements that let customers take home gold pieces immediately.
Operational Simplicity
Predictable payment (often within 2 business days, including weekends) and seamless transactions.
"We always promote Acima to our customers first because it’s easier for us, and for the customer,” said Asael Tamayo. The partnership turned denials from credit cards and financing into fast approvals to lease the items from Acima instead, rescuing sales that would otherwise be lost.
The Results
The Acima LTO solution delivered transformative growth for The Tamayo’s Jewelry Group almost immediately and according to Asael Tamayo, it has fueled a near-doubling of revenue year after year.
Explosive Revenue Growth
Since partnering in 2019, Tamayo’s has nearly doubled revenue almost every year. Company-wide sales grew to $36M in 2024 and are projected at $46–50M in 2025. At the flagship location alone, monthly Acima-driven GMV has risen from ~$500,000 to $900,000– $1,000,000 per month.
Higher Average Order Value (AOV)
Customers can gain the ability to lease bigger-ticket items with Acima. The Tamayo’s Jewelry Group stated that they saw an average increase in ticket size from ~$1,200 to ~$1,500 with continued upward momentum, especially during holidays.
Abre la puerta a nuevos clientes con Acima
Aumente el poder adquisitivo de los clientes con crédito imperfecto a través de opciones de crédito y arrendamiento flexibles.
Outstanding Customer & Associate Experience
Customers love the easy application and fast decision, coming back to do business again with The Tamayo’s Jewelry Group and Acima. Staff report zero upset customers and praise the reliable support. “I’ve never gotten an actual upset customer with Acima. I’ve never got one,” said Asael.
Clear Competitive Edge
Acima gives The Tamayo’s Jewelry Group a decisive advantage, boosting foot traffic, brand recognition and word-of-mouth.
Empowers shoppers with less-than-perfect credit with a pathway to ownership for the jewelry they want.
Proven Partnership
Drives growth while delivering an easy, positive customer experience.
Conclusion
The Tamayo’s Jewelry Group’s partnership with Acima shows how a powerful LTO solution can unlock the non-prime market, turn walkaways into loyal customers and fuel revenue growth.
By offering accessible leasing power in a credit-constrained region, Acima has helped Tamayo’s Jewelry outperform competitors and make gold ownership possible for more customers.
Asael Tamayo happily summed it up:
"Acima has been a big part of why we’ve doubled revenue almost every year since 2019… Without Acima, we definitely wouldn’t be doing this well”
Elevate Your Retail Strategy
Ready to explore options that may help boost your sales, reduce walkaways, and empower more customers – the way Tamayo’s Jewelry has done?
The Acima digital LTO solution is built for growing retailers, offering seamless integration, an easy application with fast decisioning and flexibility to help foster revenue and loyalty.
