Peka J
Agent
- Joined
- May 9, 2002
- Messages
- 34
This article is from Business Week last month. I knew extended warranties were a huge source of revenue, but I had no idea that it was such a significant part of their profits. Circuit City would essentially be in the red if not for extended warranty sales.
Sorry if this has been posted before, or if there is a more appropriate forum for it. I know lots of people buy extended warranties on TV's even if they never buy them otherwise, so I figured people here might be interested.
http://www.businessweek.com/magazine...3110_mz020.htm
Sorry if this has been posted before, or if there is a more appropriate forum for it. I know lots of people buy extended warranties on TV's even if they never buy them otherwise, so I figured people here might be interested.
http://www.businessweek.com/magazine...3110_mz020.htm