White Label Warranties from AMB Warranty
Do you know that AMB Warranty offers “white label” warranties? What does this mean?
A “white label agreement” is a business arrangement where one company produces a product or service, and another company rebrands and sells it as its own. The term “white label” refers to the practice of putting a company’s branding on a product or service that was created by someone else. This allows the company to offer a wider range of products or services without having to invest in developing them from scratch.
In this case, AMB provides the warranty services for a product, but the warranty is offered under the brand name of AB Company, that sells the product to the end customer. This means that the customer will see the product and the warranty as being from AB Company, creating a sense of trust and confidence in the product. Some benefits of white label warranties include increased brand recognition, customer loyalty, and revenue growth. The benefit to AB Company is that AMB assumes the liability for the warranty, giving them “peace of mind” that they are covered as well as their customers are.
Additionally, white label warranties can be customized to meet the specific needs of a company, making them a flexible and cost-effective option for businesses looking to offer warranty services to their customers. In essence, white label agreements allow companies to expand their offerings without having to invest in developing and servicing new products or services.