How to Guarantee Your Products
and Unlock the Hidden Sales!
By Arun Agrawal
When
you market any product or service on the Internet, the visitor does
not know you and feels skeptical even if your offer may be very attractive.
He is probably wondering "What if this offer does not turn out to
be as good as it sounds!" This creates an invisible barrier to his
purchase decision.
You can lower this resistance drastically by offering a guarantee.
You may guarantee 100% money-back or a FREE replacement or anything
else that suits your type of business. Now if you are thinking - "Well,
my type of business does not let me provide a guarantee", think again.
There has to be some way for you to provide a guarantee.
You see, you need to stand by your product or service anyway.
If the customer is not satisfied by it, you have to take some corrective
action. If you do not, you will be out of business soon. Why not offer
this hidden guarantee in more explicit terms and get mileage out of
it?
Let me ask you a question - which of the following will you
prefer to buy. A computer for $650 without any guarantee or one for
$700 with a one-year guarantee. Got the message?
How long can you guarantee?
Research has shown, the bigger the guarantee
period, the lesser is the chance of a return. This technique utilizes
a hidden human psychology. If you guarantee your product for 30 days,
the customer is in a hurry to claim the refund even if he has not
tested it thoroughly. If the same product were guaranteed for say,
1 year, his mind will be set at ease and he will get longer to get
accustomed to your product and the chance of a return will go down.
Will you go broke honoring all the all the
return requests?
Let us say, 2% of your customers are not satisfied
with your product. If you offer a 100% money-back guarantee, you may
end up getting double the sale. Even if the rejection ratio
remains the same, you can clearly see the extra sales, you are making.
Go
ahead and guarantee your products. Enjoy the extra sales!
Arun
Agrawal, a veteran Internet marketer, has a huge collection of resources
and affiliate programs to make you successful in your Online marketing
efforts.
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