Clyde Helps Merchants Develop Their Own Warranty Programs
Justin Lam — November 28, 2018 — Tech
References: joinclyde & venturebeat
Offering merchants an API for warranties, the Clyde startup helps sellers plug into a simple system to add product guarantee options without having to craft their own programs from scratch. Taking a retailer-centric, rather than an insurer-centric approach to warranty, Clyde gives merchants a plug-and-play system that can be implemented onto point-of-sale systems or e-commerce platforms in just a few minutes.
Founded in 2017 by Gell, Josh Scaglione, Nick Scaglione, and Jereme Holiman, the idea to launch Clyde started after Gell experiences the frustration of trying to create a warranty program at a previous company. This process was unbearably long and was incredibly complicated, however, through this pain the Clyde startup was born. The startup has already partnered with small merchants and is pulling in Fortune 500 retailers hoping to integrate this tech in their existing systems.
Founded in 2017 by Gell, Josh Scaglione, Nick Scaglione, and Jereme Holiman, the idea to launch Clyde started after Gell experiences the frustration of trying to create a warranty program at a previous company. This process was unbearably long and was incredibly complicated, however, through this pain the Clyde startup was born. The startup has already partnered with small merchants and is pulling in Fortune 500 retailers hoping to integrate this tech in their existing systems.
Trend Themes
1. Simplified Warranty Programs - Merchants can leverage Clyde's API to easily add product warranty options, disrupting the traditional complicated and insurer-centric approach to warranties.
2. Plug-and-play Warranty System - Clyde's system can be implemented into e-commerce platforms or point-of-sale systems in a matter of minutes, providing a disruptive solution to traditional lengthy warranty program development.
3. Retailer-centric Warranty Approach - Clyde's focus on retailer-centric warranty development challenges the traditional insurer-centric approach, creating a new opportunity for businesses to differentiate themselves through warranty programs.
Industry Implications
1. Retail - Clyde's plug-and-play warranty system provides an innovative solution for retailers looking to easily integrate warranties into their existing systems.
2. Insurance - Clyde's retailer-centric warranty approach disrupts traditional insurer-centric models, presenting a challenge for the insurance industry to adapt and create new market solutions.
3. E-commerce - Clyde's ability to seamlessly integrate warranty options into e-commerce platforms presents an opportunity for disruption to traditional warranty solutions for online businesses.
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