In: Uncategorized
11 Jan 2010What is a customer risk reversal, and what is it for? Risk reversals are promises, including warranties, “money-back guarantees” and “performance guarantees” that stipulate what customers can do if a product or service is defective or unsatisfying, doesn’t live up to its advertised claims, or misses scheduled delivery milestones. Risk reversals place a self-imposed burden [...]