Pricing an Extended Warranty: Expected Cost, Margin, Price Points and Loss Ratio
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Lessons in this course
- Failure Curves: Monthly Rates, Survival and Cumulative Failure Pro
- Expected Claims per Sales Cohort and the Claims Calendar Pro
- Cost per Claim and the Repair-or-Replace Rule Pro
- Standard Warranty Cost per Unit Sold and as % of Revenue Pro
- Pricing an Extended Warranty: Expected Cost, Margin, Price Points and Loss Ratio Pro
- Attach Rates, Plan Revenue and Contribution by Channel Pro
- Service Contract P&L: Earned Revenue, Pro-Rata Refunds and Claims by Year Pro
- Warranty Dashboard: Claims vs Expectation, Top Failing Product and a Trend Chart Pro