Samsung is offering owners of the Galaxy Note 7 incentives in South Korea to exchange their Note 7 or get a refund on the device.
Samsung will give anyone who brings their device in for a refund a 30,000 won coupon which is about $27 and anyone who swaps their handset for another Samsung device gets a mobile credit of 70,000 won which is about $61.
The company is obviously hoping that offering these financial incentives will get their customers to return their Galaxy Note 7 handsets quicker.
The fact that they are offering a high incentive for customers to stay with a Samsung phone rather than take a refund could work for the company to ensure that it retains its customers and they don’t jump to another brand like Apple or Google with their new Pixel phone.
Source Sammobile
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