The following sections cover program management, as well as key drivers of margin for your warranty program. By combining various tools within Clyde’s platform, you can leverage your offering to optimize for revenue, conversions or coverage of your product catalog.
It is extremely important that Clyde has up-to-date profile information on your business. You’ll fill out this information during onboarding, and can edit it at any time on the Settings page. You’ll find the Settings icon in the bottom left corner of Clyde’s dashboard.
If you are a user with an email and password login, you can also change your password at any time in settings.
Your email must be a direct email address, not a catch-all. Important information about billing, invoices, and changes to your offering will be sent to this address.
It’s incredibly easy to control the margin your business earns from each contract sold. You can control these settings in the Contract settings page.
Your margin is controlled on a percentage basis based on the premium of the contract. For example, if the premium of a contract is $10, and you set your margin to 100%, your margin will be $10 and you’ll sell the contract for a total of $20.00.
On the Contract settings page, when Autopilot Margins is turned "ON", Clyde uses analytics and insights across all our stores to optimize your margin, taking into account price sensitivity and attachment rate to drive more revenue.
We highly suggest you keep autopilot margin on to optimize your revenue.
When you turn Autopilot Margins “OFF”, a Set Custom Margin section will appear with an input box, enabling you to set a custom margin for your store. Your custom margin must be between 1-200%. You can also opt-in to round your contract prices to the nearest $0.50 to maintain a clean look on your site.
If you adjust your margin, remember to click "Save" for your changes to take effect.
It’s super easy to control which of your products are offered with contracts from within Clyde’s dashboard. To adjust these settings, go to Clyde’s Product page to find the list of your products. There, you can toggle a product, or a product’s variants, on/off. When you save any changes you make, you’ll find that the chosen product’s contract will either show or not show, depending on the setting in dashboard.
You're not limited to turning contract offerings on and off for products, but can do so for individual variants of your products. You can turn individual variants on or off within a product, while still keeping other variants on.
At Clyde, we make it easy for you and your customers to understand all aspects of your offerings. There are a few things that are helpful for your team to understand before you launch your program, especially if you’re selling in-stores or over the phone.
Open Clyde’s dashboard and head to your Product page. There, click the caret of a product and variant you’re interested in learning more about. You’ll find a few pieces of information here:
It is vitally important to understand what your customers are purchasing when they buy a Clyde protection plan. There are two ways for you to get this information.