Case and screen protector OEMs can now include a screen repair guarantee with no added cost.
BELLINGHAM, Wash., June 8, 2022 /PRNewswire-PRWeb/ -- Today, Warranty Life announces that it is able to provide embedded screen protection at $0 cost to manufacturers of cases and screen protectors.
The market for cases and screen protectors today is significant, with 79% of all users buying at least a case for their device. These accessories can be expensive, for example, a quality case can cost up to $75, while a screen protector can cost up to $60.
The main reason why people buy case covers and screen protectors is to prevent damage to their devices. The manufacturers of these products also push this narrative, yet the majority of these products come with no guarantee of money towards a repair when the product fails to live up to its claims and prevent damage.
There is a significant gap here in product messaging and that's where the new model comes in. Understandably, manufacturers have been hesitant to add cost to the product. Now they can provide embedded screen coverage without adding cost through Warranty Life.
Warranty Life is able to embed free screen coverage by monetizing the data using 4 patent protected techniques it has developed after much research and development.
To obtain screen coverage, users must download and register their coverage via the Warranty Life app. During this process users provide permissions that enable patent protected data extraction which is in turn monetized to pay for the embedded coverage product support to OEMs.
"This is a win for consumers and manufacturers alike. The phone case cover market is projected to grow to $35 billion in 2025 and people clearly care about preventing damage. In fact cracked screens make up about 1/3 of all damage and 51% of people smash their screens in the first 2 years. Our data shows that products that include a screen repair promise resonate with consumers. " says CEO Richard Hui.
This evolution is made possible by the recent launch of Warranty Life's usage-based telematics technology. Using artificial intelligence and machine learning, never seen before data sets are unlocked to open new insights and opportunities that introduce advantages for the consumer and the mobile industry alike.
For more details on the latest release visit our Partners page or contact your representative.
Media Contact
John Almond, Warranty Life, 1 888-927-7269, [email protected]
SOURCE Warranty Life
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