The wireless industry is huge as we know it, with almost everyone we know owning a smartphone. With these amount of devices constantly being handling by people all the time, accidents are bound to happen.
Many of these users buy expensive smartphone protection plans at the dealer level, often paying an average of $10 a month for coverage and up to $200 deductibles. However, not everyone protects their phone up front and when their phone breaks, they still need to get it fixed, sometimes incurring repair bills into the hundred of dollars.
This has given rise to a new repair market where third party technicians have stepped up to help consumers fix their broken phones. Go into any major city and you’ll find a servicer to do exactly this.
Until now, repair shops have had no way of effectively offering smartphone protection plans on repaired or refurbished devices until now. Warranty providers have previously shied away from this market as there had been no efficient way to scale or “police” it.
Valued at more than $12 billion annually, wireless repair dealers have not had an opportunity to participate in this market until now. Warranty Life has recently made protection plans available to qualified wireless repair dealers.
Wireless repair dealers will now have the opportunity to earn additional margin and revenue on each repair or refurbished device sale and earn additional servicer revenue when those customers come back for repairs under the plans they’ve sold.
This helps “tie” customers back to their store for future repairs while providing a product solution customers want. With lower prices and deductibles, dealers can even offer coverage on new working phones freshly purchased at the carrier level. We can demonstrate how integrating smartphone protection plan options can increase your business by 15-25% when done right.
In addition, Warranty Life will be releasing tablet protection plans that will enable dealer to support the K12 or institutional market that includes iPads, Chromebooks or other devices that may be used in these settings. With the growth and demand for fleet sales, this will be a seamless way to help dealers go after this market and open up new channel opportunities.
To further support this program, in a new partnership with RepairQ, the largest POS provider for wireless repair dealers, Warranty Life is opening up access to new dealers in a unique integrated solution release.
The initial solution will offer a number of advantages including:
The system has been designed to maximize sales, remove maintenance while helping the dealer to drive a “technical , non traditional sales person” to effectively sell.
Dealers are already in various processes for launch and have already made sales.
For more information about this offering, please contact firstname.lastname@example.org.