OEM Extended Warranty & Service Contract Revenue Maximization Audits: Launch
Jan 15, 2024
Research and consulting firm Blumberg Advisory Group has launched extended warranty and service contract audits to help OEMs boost aftermarket revenue, profitability, and customer satisfaction with expert recommendations for continuous improvement.
Warrington, United States - January 15, 2024 /PressCable/ —
With the launch of Blumberg Advisory Group’s audit service, tech-heavy original equipment manufacturers (OEMs) in the service industries can now avail themselves of the consultancy’s expert insights to craft highly effective action plans for improved program performance and enhanced profitability.
More information can be found at https://www.blumbergadvisor.com/ewsc-brochure
The consultancy’s new Extended Warranty and Service Contract (EW/SC) Audits are designed to help OEMs derive maximum benefits from their extended warranty and service contract programs. Blumberg Advisory Group’s consultants can help clients 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 EW/SC Audits can show OEMs how to benefit from this increased demand by ensuring their EW/SC programs are designed to offer both exceptional customer experiences and maximum profitability. The audits can help clients streamline their customer communications, registration, and claims management, as well as reduce their costs and improve efficiencies.
Prospective clients can schedule a complimentary strategy call on the company’s website. During the call, clients will discuss their current challenges and the outcomes they would like to achieve to determine if Blumberg Advisory Group would be the right match for their 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.
One satisfied client said: “Blumberg Advisory Group has been our go-to resource for market research studies, strategy development projects, and business benchmarking in reverse logistics, e-waste, and aftermarket technology support services. Their work provided information that has enabled understanding.”
Interested parties can learn more at https://www.blumbergadvisor.com/ewsc-brochure
Contact Info:
Name: MICHAEL ROBERT BLUMBERG
Email: Send Email
Organization: Blumberg Advisory Group
Address: 2222 Matts Way, Warrington, PA 18976, United States
Website: https://www.blumbergadvisor.com/
Source: PressCable
Release ID: 89118740
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