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After-market (general)

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After-market refers to any market where the customers who implement one product or service are likely to purchase a related, follow-on product.

The existence of an after-market is often a persuasive argument for manufacturers to stay in direct contact with end-users. Manufacturers will use postage-paid guarantee cards, for example, to keep track of the address of end-users.

Aftermarket service includes support for warranties, contracts, and parts sales.[1]

[edit] Examples

  • Customers who install a software package will constitute the after-market for software support services.
  • Buyers of single-lens reflex cameras are an after-market for lenses and flashes.

[edit] Notes and references

  1. ^ "Top 10 Things Your CEO Should Know About Service" MCA Solutions at mcasolutions.com. p.3.
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