Extend Company Article For Free

Different forms of business expansion include opening in another location, adding sales employees, increased marketing, adding franchisees, forming an alliance, offering new products or services, entering new markets, merging with or acquiring another business, expanding globally and expanding through the internet.

It stores all the details of an individual's product purchase and warranty plan for them, while also assisting throughout the claim process to create a seamless experience from start to finish. It was founded in 2019 and is headquartered in San Francisco, California.

Extend is designed to help brands boost their profit margins and build post-purchase customer relationships that last. Our modern, AI-powered technology platform powers both product and shipping protection offerings, making it easy to integrate into any retail infrastructure.

Extend ? which aims, in the words of co-founder and CEO Woody Levin, to become the ?Apple Care? for everything that's not an actual Apple product ? has raised $260 million, a Series C that values the company at over $1.6 billion.

Extend uses technology to modernize the warranty industry Our platform was built to enable any merchant to offer protection plans ? regardless of size. Seamlessly integrate with Extend using our robust APIs or eCommerce platform integrations.

Now with Shipping Protection, they'll offset nearly half of these costs ? to the tune of $1.5 million in savings annually. ?With Extend Shipping Protection, our customers are protected and we save millions of dollars in product replacement costs,? said Ali Oner, CEO of Boutique Rugs.

Overview. Woodrow Levin is the Founder and CEO of Extend.

For example, Nike, a sports brand, creates various equipment, wears, and other sport-related products that complement each other. We've also seen toothpaste companies use this type of extension for their original brand by adding toothbrushes and other oral care products as new categories.

10 Ways to Extend Your Brand Shift the Form.Transfer a Component.Transfer a Benefit.Leverage a Special Expertise.Sell Companion Products.Leverage Your Customer Base.Leverage a Lifestyle.Leverage a Celebrity Expertise.

Here are four tips to develop a lasting brand identity: Find your purpose. A brand is nothing but a promise delivered; therefore, building a brand has to be the core of your company.Find your voice. Is your brand quirky?Make brevity and simplicity your best friends.Make them work for you.