hanks75 said:
Seriously considering offering this warranty with purchase of DuPont Teflon Advanced to try to increase average ticket sales. Anyone have experience implementing this type of program. Did you see and increase in protector sales, and how were the spot service calls? Thanks ahead of time!!
Yes, William, quite a few of our
SFS members are including a free 12 month "Spot and Spill Warranty" on all their protector applications. And yes, most of them have seen anywhere from a 30% to 50% sales increase. (Bear in mind this percentage can be affected by a lot of other variables but I've never heard of anyone who tried it going back to the old system.)
Here is a section from my "Upselling" Special Report that answers your question about the service calls:
"Now logically you should worry about all these extra “free” spotting service calls if you include a spot and spill warranty in all of your protector applications. Correct? Wrong and here?s why:
1. Only about two percent will ever call you. Repeated studies have found that very few of your customers will ever call you on a spot, yet all of them will view this free bonus as very valuable. This leads to …
2. You can (and should) raise your protector prices. Our
Strategies for Success members who have included spot and spill guarantees in their Scotchgard applications have raised their protector package pricing by twenty to forty percent and yet report they are selling more product too. If you raise protector pricing your net profits will soar which will more than cover your few extra free service calls over the course of a year, plus …
3. You will also sell more services while you are performing these “free” service calls. The vast majority of our warranty calls also had us do extra work “since you?re here”. This additional work always more than paid for the cost of the service call.
Maybe most importantly, by including a “Spot and Spill Guarantee” every time you apply Scotchgard you will set yourself apart from all of your competitors. Even better, your happy clients will start to talk about this wonderful free service that finally gives them peace of mind. You will have created your very own “sure thing”- a delighted Customer Cheerleader!"
OK, William, I'm back. The very best thing about the 12 month warranty period is you now have an excuse to add a "sense of urgency" when you contact the customer a year later as in "you are almost out of warranty". And the only way to keep the "Spot and Spill" warranty in force? Clean and re-apply the protector to the carpet!
Steve
http://WWW.SFS.JonDon.com
PS William, I'd normally post a link to the free instructions on how to set this warranty program up. But then the MB police would get their panties all in an uproar. So e-mail me at
stoburen@StrategiesForSuccess.com and I'll get you taken care of.