14-Dec-99

Online Warranties For Consumer Purchases

The technology and service infrastructure is now in place for the most lucrative e-commerce play of the year...Online Warranties For Consumer Purchases!!! The premier provider of service plans over the Internet, WarrantyNow is the first and only online company to provide extended service plans over the Internet having launched their new service this past October. The extended service plan marketplace is a $30 billion dollar a year industry that until now, has been completely untapped in the e-commerce world. By bringing the extended warranty and one-on-one customer service infrastructure out of the brick-and-mortar world into the online e-tail outlets, WarrantyNow provides consumers confidence that the products they order will arrive in good condition, will work well, and will be backed up in case of a failure. A long-time staple of the retail world, protection plans provide service or repair for a time beyond the original manufacturer's warranty. WarrantyNow will also offer additional services that will enable e-tailers to provide the utmost in purchase protection possible on items ranging from computers to office equipment to furniture and home appliances, removing one of the last barriers to major sales growth via the Internet. The margin on the sale of a warranty is 50 percent, meaning the profit made from the purchase of one warranty is more than the vendor makes on the product sold. What makes WarrantyNow different then all the other .com's making a play to be the first and best to market? According to the company, WarrantyNow has an edge because they are providing more then just convenience. The services WarrantyNow has been offering since October of this year bring emotional security, a powerful tonic. Think about all the people who will be shopping on line this holiday season, many for the first time. Given the opportunity to protect their investment, there is a very good chance they will take advantage of this unique new service.

For more information, phone 203-797 0700.