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Why Sell Warranty?
In today’s highly competitive retail marketplace, providing value added after-market services is essential to facilitating sales, increasing profitability, bolstering customer satisfaction and increasing customer retention.
Additionally, research shows that more than 40% of consumers are “warranty supporters”. Consequently, Extended Warranties are not only an instrument for value-added protection, but they also act as an important catalyst to promote the initial transaction for a product. Research also confirms the importance of Extended Warranties in engendering customer loyalty towards the vendor and product brand. Increased satisfaction with after-market services crystallizes customer retention and increased transactions.
XtendCare can help you increase your profit margin without increasing your overhead…
An industry analyst quoted in BusinessWeek in December 2004, stated that, “It’s just pure profit flowing to the bottom line”. The article further states that, “Last year, the profits from warranties accounted for all of Circuit City’s operating income and almost half of Best Buy’s.”
With profit margins averaging 50% throughout the industry, Extended Warranties are your ticket to enjoying the profits that your business deserves.
It’s the perfect product - Think about this…
BENFITS TO VARS:
Increased Income
- 50% average profit margin
- No product to inventory
- No floor space required
- You don’t even have to pay for it until after you have sold it
- Join our Service Centre Network and earn revenue from service referrals
No Risks
- XtendCare Partners cover all contractual liabilities
- XtendCare, through its Partners, meets all compliance requirements so you don’t have to worry about compliance issues
- XtendCare contracts are fully underwritten so your customers are fully protected, no matter what.
Enhanced Customer Service
- A Support Line is available to assist your customers outside of your hours of operation.
- Toll Free Customer Service from anywhere in the North America
- A happy customer is a loyal customer
- Your customers get the support they expect, when they expect it
Sharpen Your Competitive Advantage
- Land bids outside of your service area
- Extend your service network by having on-site
- Technicians available throughout North America.
- Today’s customers expect warranty extensions and are used to
- Being offered such by your competitors
- Reduce your tech support headaches and free up more time to sell
BENEFITS TO CONSUMERS
SAVES MONEY
- Can save hundreds of dollars for pennies a day.
- Pays for all parts and labour
- Protects against future inflated repair costs
- Eliminates the need to buy a new unit due to exorbitant repair costs.
- No deductible
- Toll-Free Customer Service
- Nation-wide coverage.
- Increases resale value – Contracts are transferable
SAVES TIME
- Fast, Professional Service.
- Nearby service centers wherever you live.
PEACE OF MIND
- No haggling with repair people over repair bills
- No unexpected repair bills
- Eliminates worry of finding reputable service center
- Never pay twice for the same repair
- No hidden costs
- Replace if can't be repaired
FLEXIBLE
- The right plan at the right price
- Renewable ...keep the unit as long as you want
- Transferable...great for first time buyers, gifts
- Cancelable...Insure their own satisfactions without any pressure attached