Archive for the &;Forbes&; Category

No More LifetimeGuarantee?

September 5, 2007

Whose lifetime is it, anyway?  I bought a Giant Chinese-made bicycle from Cycology of Sherman Oaks a couple of years ago for $199.  Part of the deal was lifetime free tune-ups.  I took it back to the store the other day for a tune-up, and the first remark the clerk made was &;That was Cyclogy, we&;re Boulevard Cycles.  Part of the reason they went out of business was all the free service they gave.&;  That&;s what I call customer service. Since I was there already and wanted to fix my wife&;s bike, I forked out $60 for a tune-up&;for my $199 4 year old bike. Similarly, in the continuing slow-motion crash of print journalism, Business 2.0 gave up the ghost today.  A competitor, Fast Company, offered to buy it, but Time Inc. in their infinite wisdom turned them down.  They probably won&;t give cash refunds; you&;ll get stodgy old Forbes instead.  Hopefully, you didn&;t have a lifetime subscription.

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