Blumberg Advisory Group is offering its Extended Warranty and Service Contract Audit to equip businesses with the intelligence and roadmap to transform their programs into high-performing profit drivers.
Between complex terms and customer skepticism, as an original equipment manufacturer (OEM), you may find that selling extended warranty programs and service contracts is an income stream not worth the trouble.
That’s why Blumberg Advisory Group provides an Extended Warranty and Service Contract (EW/SC) Audit service specifically tailored to help manufacturers optimize their programs.
Focused on helping OEMs drive growth through service revenue maximization and profitability improvements, Blumberg Advisory Group provides you with expert insights and an actionable roadmap to capitalize on your extended warranty programs.
Learn more at https://www.blumbergadvisor.com/ewsc-brochure
The company has designed its EW/SC Audit service to address the key challenges that prevent many OEMs from capitalizing on the full revenue potential of extended warranties and service contracts. As per Blumberg Advisory Group, these obstacles include issues like customer perception, lack of awareness, complex contract terms, price sensitivity, competition, and more.
Industry reports indicate that extended warranty and service contracts are growing in popularity as electronics become more complex and costly to replace. The revenue from these programs can contribute substantially to an OEM’s bottom line. A properly optimized program not only provides an additional revenue stream but also helps cement customer relationships and trust. However, complex administration and ineffective sales strategies often limit manufacturers from realizing their full potential. Blumberg Advisory Group's audit process is designed to increase your customer warranty purchases, reduce costs within your programs, and equip you to make data-driven decisions.
The company provides concrete steps to optimize processes and equips your team with the right tools and training for warranty administration excellence.
Through its EW/SC Audit service, Blumberg Advisory Group promises significantly increased revenue recognition, greater profit margins, improved customer satisfaction, and a competitive edge. The consulting firm leverages decades of reverse logistics industry experience to deliver data-backed recommendations on sales channel optimization, targeted marketing, competitive benchmarking, and more.
As part of the audit service, the Blumberg team helps you configure customized extended warranty and service contract offerings based on precise customer demand analysis. This ensures that you can provide product owners with tailored plans on an ongoing basis, leading to higher attachment rates.
Blumberg Advisory Group also conducts an in-depth evaluation of service revenue tracking and claims management processes. Refining these areas is essential for your business to ensure excellent customer experiences, prevent revenue leakage, and maximize profits.
“A tailored warranty program is crucial for OEMs looking to remain competitive while opening up an additional high-margin revenue stream,” said a spokesperson for Blumberg Advisory Group. “Our Extended Warranty and Service Contract service provides clients actionable data and intelligence to make smart decisions to optimize their program.”
Stop leaving easy money on the table. Visit https://www.blumbergadvisor.com/ewsc-brochure today to schedule your Extended Warranty and Service Contract (EW/SC) Audit!
