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Making a Strong Guarantee Customers Will Be Reluctant to Use

Posted 20th July 2017 at 11:28 PM by kindsvater
Many businesses use guarantees to increase sales and keep customers coming back for repeat sales.
Guarantees come in two basic forms:
Positive and Negative
A Positive Guarantee promises someone they will love the product.
A Negative Guarantee offers a solution if someone hates the product.
Isn't that the same thing?
Nope.
A positive guarantee may be structured such as: love the product or get a refund.
A negative guarantee is structured: if you hate the product you'll get a refund.
You will probably want to use a positive guarantee to reinforce the concept that you have a great product.
A positive guarantee also makes it easier to reduce the likelihood that someone will use it.
For example, consider the guarantee used by business intelligence firm Biztellect. There you will see a positive guarantee plus this:
"And in 30 days if you don't appreciate all of this just let us know. "
Here we have a combination where first a positive guarantee is used about the customer loving the service.
Then the kicker about a refund if they "don't appreciate" the service.
This is different than a "satisfaction guarantee" that is so common. Note the shift from "satisfaction guarantee" to "don't appreciate".
Big difference in emotions.
A satisfaction guarantee is vague and gives anyone any reason they want to ask for a refund.
By shifting the emotional terms to not "appreciating" a product there is a more specific reason that is emotionally needed to ask for a refund.
It isn't just a satisfaction, which is a given, but also not appreciating the work gone into a service.
The ultimate point being you can structure a strong guarantee and at the same time add language that will reduce refund claims.
.
Guarantees come in two basic forms:
Positive and Negative
A Positive Guarantee promises someone they will love the product.
A Negative Guarantee offers a solution if someone hates the product.
Isn't that the same thing?
Nope.
A positive guarantee may be structured such as: love the product or get a refund.
A negative guarantee is structured: if you hate the product you'll get a refund.
You will probably want to use a positive guarantee to reinforce the concept that you have a great product.
A positive guarantee also makes it easier to reduce the likelihood that someone will use it.
For example, consider the guarantee used by business intelligence firm Biztellect. There you will see a positive guarantee plus this:
"And in 30 days if you don't appreciate all of this just let us know. "
Here we have a combination where first a positive guarantee is used about the customer loving the service.
Then the kicker about a refund if they "don't appreciate" the service.
This is different than a "satisfaction guarantee" that is so common. Note the shift from "satisfaction guarantee" to "don't appreciate".
Big difference in emotions.
A satisfaction guarantee is vague and gives anyone any reason they want to ask for a refund.
By shifting the emotional terms to not "appreciating" a product there is a more specific reason that is emotionally needed to ask for a refund.
It isn't just a satisfaction, which is a given, but also not appreciating the work gone into a service.
The ultimate point being you can structure a strong guarantee and at the same time add language that will reduce refund claims.
.
Total Comments 1
Comments
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Def learnt something from reading
Loved the many lightbulb moments I found in your blog entry
Amazing how a play on words can make a difference to an outcome.
Wasnt going to read at first as your title was a bit confusing but the opening sentence did its job.
I must have a go at having 'positive' and 'negative' guarantees on my sales page. Wont be split testing though however thanks for the intro to the difference in guarantee wording!Posted 9th November 2017 at 11:48 AM by Zoe_21