Do you think a viable warranty would boost sales for a business that sells tangible products?

[Fidelia]

Businesses that sell tangible products have the ultimate aim of boosting sales volume like every other business. Do you think that having a warranty on the tangible products that a business sells would bring more sales to the business?

 

[gwolf666]

Personally, I believe that offering a warranty on tangible products can be a very effective strategy for increasing sales. When customers know a product has a warranty, they feel more confident in their purchase, as they know the company stands behind its product and is willing to resolve any potential problems. This reduces the perceived risk and makes the purchase decision easier. Furthermore, a warranty can differentiate a company from its competitors, demonstrating a commitment to quality and customer satisfaction. However, it's also important to consider that offering warranties can involve additional costs and risks if not managed properly. Overall, I believe the value a good warranty brings to the customer's perception outweighs the potential costs and can translate into increased sales and brand loyalty.

 

[King Belieal]

A warranty works like magic in encouraging people to buy a product. It is the magic that is used to get customers to try a new product.

 

[Augusta]

By offering warranties, businesses can justify higher price points for their products, as the added value of protection makes the purchase more attractive to customers