Marketing Plan – Service and Warranty Policies

Would you ever buy an expensive camera that didn’t come with a warranty or service commitment?  Buyers want to know that you are willing to stand behind your product.  Lack of service commitment usually means one of two things:  a lousy product or a fly-by-night organization that may not be around in one month’s time.  Service also has a lot to say about whether people come back to you.  Your customers will come back again and again, so long you take care of them.  Here are a few questions to think about:

  •  How are you going to fix your defective merchandise–factory-only, company field service engineers, and service contracts are three examples?
  •  How much will you charge for service calls?  Will it be a profitable or break-even part of your business?
  •  What is your warranty policy?
  •  How do your service and warranty policies compare to those of your competitors’?