How to increase your revenue using warranty services?
Warranty is an important ingredient in building customer satisfaction and paving the road to retaining them. A well-executed Warranty process reinforces customers’ faith in your brand because they feel taken care of even after the purchase. It helps your brand retain customers and eventually increase sales. Many companies think of warranty management as just another part of their customer service and a burden on their sales revenues. However, with the help of a sound warranty management solution, you can turn your warranty expenditure into a profit-making asset. This blog will look into how brands can leverage warranty management to increase sales and profits. 1. Use warranty analytics to get market insights. There are many reasons why you would want to equip your business with a digital warranty solution. One of them is because they give you unique insights into the performance of your product in the field. With the right warranty analytics in place, businesses can ...