NeuroWarranty Blogs

NeuroWarranty is a unique Warranty Solution that redefines the way Warranty works and helps brands convert their Warranty expense into an opportunity to connect with their customers and retain them for more repeat business and higher revenues. How It Works? NeuroWarranty is a QR Code-based Warranty Management Solution which is easy to implement yet extremely powerful. With NeuroWarranty brands get the power of customer data that can be leveraged by their Marketing teams in endless ways. The fully automated and fault proof Warranty process works efficiently to deliver great post-sales customer experience with minimum effort. To know more about NeuroWarranty and book a demo visit: https://www.neurowarranty.com/

At a time when customer retention drives sales and customer experience is the name of the game, brands look forward to providing an unparalleled warranty claims experience for their customers. However, warranty management is a complex field and can prove to become a burden on companies profit. Read this blog to know how you can reduce your warranty claims cost.  Warranty processes and costs are dynamic and ever-changing. Manufacturers have to estimate warranty costs during product development and price the product accordingly. Sticking to strategies for containing costs is a real challenge. Here are some ways you can reduce your warranty claims costs -  1. Use data and analytics:  Harnessing and utilizing warranty data is any manufacturer's best bet for reducing warranty costs. Analyzing the data will allow you to look into your post-sales customer service and find out which step the customer finds the most exhaustive and time-consuming. Warranty data not only allows you...

When consumers buy a particular product like a refrigerator, air conditioner, or laptop, every device usually comes with a warranty management card. The form used to be completed by customers and mailed back to the firm from which they purchased the item, but now you must complete it and leave it at the store when you purchase anything, such as when you purchase a mobile phone, in order to get your item. Most influential organizations already have warranty management software for a seamless and speedier client experience. But currently, warranty registrations are made easy where it may be done online. So, how can QR codes play a vital part in streamlining the product warranty registration process? What is product warranty registration? When any equipment is sold to a customer, a Product Warranty Registration (WR) is needed. While completing a warranty registration, all data is obtained and kept, including buyer/customer information, applied policies, and sales records. In the next step...

The market is filled with millions of products of identical kinds, types, sizes, and qualities, making it impossible to choose one thing over the other. Buyers can specify the product they choose by establishing a standard for the manufacturing companies to adhere to.  In this sense, the phrase warranty is extremely widely employed. It indicates a formal guarantee given to the customer about the status of the goods is truthful and says that the manufacturer will be liable for the repair or replacement if proven faulty. To get to know about the differences between Warranty and Guarantee, let's talk about Warranty first. A warranty is an agreement to offer free repair services for any problems that may develop with a product during the course of regular usage of the device within the warranty period. If the manufacturer does not guarantee replacement, then he promises to repair the product.  And today, generally, warranty management is managed by warranty management software, wh...

A good Warranty System is an important tool for companies that sell durable goods. It’s also a great way to demonstrate customer loyalty and commitment since it can increase customer satisfaction. Customers expect vendors to stand behind their products, and a warranty is an obvious selling point. But many small businesses neglect to offer warranties, either because they’re afraid of losing money if products break down, or because they have no idea how to manage a warranty program.  No matter why your business doesn’t offer a warranty, good warranty system software can fix that problem fast.  According to the state of the industry, 70% of customers say they’ve already decided to support a firm that provides excellent post-sale customer service. Companies can use warranty system software to manage claims more efficiently in the following ways - Customization: It offers manufacturers specific warranty software packages and can quickly generate solutions for other manufacturers. ...