Consulting & Research Firm’s Warranty Audits Help OEMs Boost Aftermarket Revenue
For original equipment manufacturers (OEMs), balancing attractive warranty coverage with profitability can feel as precarious as walking a tight rope. You don’t want your warranty claims to exceed predictions and damage your bottom line.
Their Extended Warranty & Service Contract Audit program helps tech-heavy OEMs in the service industries craft highly effective action plans for improved program performance and enhanced profitability.
The consultancy’s Extended Warranty & Service Contract Audit program will assist your OEM to derive maximum benefits from your extended warranty and service contract program. Blumberg Advisory Group’s consultants can help you spot under-utilized opportunities like cost reductions, efficiency improvements and optimized pricing structures, customer communication, claims management, and more.
According to Precedence Research, a leading provider of strategic market insights, demand for extended warranty services has increased over the past few years due to their cost effectiveness and ability to provide additional product protection. Precedence Research anticipates that the global extended warranty market size will grow from $125 billion in 2022 to about $298 billion by the end of 2032.
Blumberg Advisory Group’s Audit program can show your OEM how to benefit from this increased demand by ensuring your EW/SC program offers both exceptional customer experiences (CX) and maximum profitability. The audits can help you streamline your customer communications, registration, and claims management, as well as reduce your costs and improve your efficiencies.
You can schedule a free strategy call on the company’s website. During the call, you'll discuss your current challenges and the outcomes you'd like to achieve, so you can see if Blumberg Advisory Group would be the right match for your needs.
Headquartered in Warrington, Pennsylvania, Blumberg Advisory Group is led by Michael Blumberg, an expert in service lifecycle management, field service, and reverse logistics. For over 20 years, the company has built a reputation for its leading research and consultancy services for the field service and reverse logistics industries. Today, Blumberg Advisory Group is recognized as a pioneer in helping companies strategically manage service for revenue maximization.
Happy client Sandy Bell said: “Blumberg Advisory Group has been our go-to resource for market research studies, strategy development projects, and business benchmarking in reverse logistics, field service, and aftermarket support services. Their work provided information that has enabled understanding.”
Find the perfect balance between attractive warranty coverage and max profitability for your OEM with Blumberg Advisory Group's Extended Warranty and Service Contract Audits!
Schedule your free strategy call today at the link in the summary! Blumberg Advisory Group City: Warrington Address: 2222 Matts Way Website https://www.blumbergadvisor.com/ Phone +1-267-334-0135 Email MichaelBlumberg@blumbergadvisor.com