COST SAVINGS
During a 1 Month Period with a US Carrier…
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10 Stores
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2682 Batteries Tested
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1981 Good Batteries Saved (74%)
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Approximately $30,000 Savings
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Payback = < 1 month
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GENERATING NEW VALUE
During a 2 Month Period with a Canadian Dealer…
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Tested approximately 12 batteries/day – up to 300 per month
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Most batteries that were perceived as bad were actually good – problems were with the handset or other
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$630 in new revenue generated by selling refurbished batteries in first 2 months – no materials cost
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>$1000 in refurbished battery inventory salvaged from returns
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Offer 2 and 3 year extended warranties that include one battery swap – testing is expected to reduce the number of batteries supplied
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