The success of this program for both Safeware and our partner is rooted in a shared progressive vision for the future and dedication to growth.
Dublin, Ohio (PRWEB) October 31, 2016
Safeware, a leading provider of product protection and extended warranty solutions, has released a new study describing the financial impact of data sharing between business partners. When onboarding a top-100 retailer to sell its Product Protection offering, Safeware saw an opportunity to engage in a system of sharing detailed sales data in order to improve overall program performance and ultimately increase revenue for both parties. Through the development of this initiative, Safeware has become one of the only providers of extended warranties to encourage continuous two-way data sharing.
The case study details the ways in which revenue can quickly grow if shared sales data is used to properly train associates on best practices of extended warranty sales and to develop support from corporate leaders. In addition, there is more potential for revenue growth if third party administrators, like Safeware, have insight into the sales performance of the partner over time in order to make adjustments as needed.
“This study allows Safeware to illustrate how valuable it can be to increase revenue through extended warranty sales if companies are willing to be transparent with their sales information,” says Safeware’s Chief Executive Officer, Bryan Schutjer. “The success of this program for both Safeware and our partner is rooted in a shared progressive vision for the future and dedication to growth.”
Safeware’s study is available for download in an extended and illustrated version at http://www.safeware.com/datasharing. Questions about the case study can be directed to Safeware’s Marketing Department by emailing marketing(at)safeware(dot)com.
About Safeware
Having pioneered the technology insurance industry in 1982, Safeware is now one of the most recognized names in product protection. Safeware’s innovative approach to insurance and extended warranty solutions has propelled the company into multiple industries including education, corporate technology, fitness, furniture and appliances. By allowing partners to customize coverage based on their unique needs, Safeware provides best-in-class programs to help customers own their products with confidence.
Learn more about Safeware online at http://www.safeware.com or by calling 1.800.800.1492.