Ever wondered of offering a warranty on your product? Here are some reasons why:
Knowing your Customer
- Capture important customer information on segmentation, demographics and geographies when customer registers their products with you and submitting claims
Improving manufacturing quality
- Identify recurring defects in your product and improve the product design and manufacturing quality
Reducing landfill waste
- Provide an opportunity to repair the existing product versus disposal
Establishing a quality product manufacturing lifecycle
- Offering a warranty creates value in the manufacturing lifecycle as it creates a culture to produce quality and reliable products in the ecosystem
Creating customer confidence in your products
- Customers will have more confidence in your products that can result in new and repeating sales from your product lines