Simple Risk Reversal Formula Will Send Your Sales Into Space 2 Of 2Simple Risk Reversal Formula Will Send Your Sales Into Space 2 Of 2

Make A Bold Promise Then Back It Up With An Awesome Guarantee

We finished the last article with a mnemonic...

All these extra sales you're going to make are in the B.A.G.

A Bold Promise backed up with an Awesome Guarantee

So today we'll look at what makes a Bold Promise and the three elements of an Awesome Guarantee!

A bold promise should be something that your customer really desires and which most of your competitors would be too afraid to make. Some people use, "we won't be beaten on price", or "lowest prices guaranteed" but being the best on price is a stupid way to position your service business anyway. So stay away from price-promises and deliver a value-promise instead. A value promise means you can charge more instead of less - leading to higher profits.

Some Sample Bold Promises...

* I will double your orders in less than 12 months

* You will get at least 5 times your investment back

* This book will help you get beach fit in 6 months

* I will remove your ISSUE/PROBLEM/PHOBIA in 1 hour

* We'll deliver XYZ in under 60 minutes

* You'll learn at least 5 things to increase your revenue

Now on to the awesome guarantee. There are three things that make a guarantee awesome...

1. It's Unconditional. There should be no long list of conditions that must be met by the buyer in order to get their money back if you screw up. It should be simple and free of tricks - people should feel 100% confident that you are sincere when they buy.

2. It's Long. Now here's a funny thing - the longer you guarantee something for the lower your return rate. Why? Well if you give a piddly, tiny, guarantee period, people (in an effort to ensure their purchase was good) will spend that time looking for things that might be wrong. If they don't feel time pressure, they'll simply forget to look - after all they have all the time in the world... I recommend at least 30 days - but there's nothing wrong with months or even years - our Lean Marketing Toolbox is guaranteed for 5 Years - and I've had not one return yet!

3. It Creates A "Forced Performance Effect". This one works like magic. You not only remove risk by ensuring your customer gets their money back BUT you also penalise yourself for failure. This way people get a double-whammy! Not only do you remove their risk - you reverse it entirely - meaning it's in your interests to deliver what you promised!

Some Sample Awesome Guarantees

* You get a full refund and keep the product worth ?XXX - no questions asked

* The next time you visit it's on me!

* I'll gladly reimburse your fee and provide your next session free

* I'll give you a free 1 hour consultation/coaching session worth ?XXX

* We'll refund your money and give you ?XX For Your Trouble

Putting It All Together...

Simply bolting an Awesome Guarantee onto a Bold Promise can sound awkward and disjointed. So your final job is to a make the promise and guarantee with one simple statement.

Some examples...

If __________________ doesn't _______________, then _______________________

If this course doesn't give you at least 5 new techniques for boosting sales, then I'll reimburse your fee in full and pay for your train ticket home.

If this 6-week fitness programme doesn't help you lose at least 2 inches from your waist size, then I'll gladly give you your money back and a beach wear gift voucher worth ?25

If after one session of my NLP spider phobia cure you still can't hold a spider in your hand without fear, then I'll give you your money back and provide the next session free of charge.

________________________ or _______________________________

Double your sales success rate within 6 months or you get a full, no-questions-asked refund and a free place on my next course.

Read this book and find the man/woman of your dreams in 6 months or less or tell me what went wrong and I'll gladly buy the book back and give you a free 1 hour telephone coaching session.

Have fun with this and be creative - it's powerful. But never promise what you can't realistically deliver (guarantee or not) and make sure you can deliver on your awesome guarantee when someone calls you on it.

This one approach could literally transform your business and boost conversion rates beyond recognition.

by Debbie Jenkins
References and Bibliography

'Dangerous' Debbie Jenkins
debs@debbiejenkins.com

(c) Copyright 2005 www.BookShaker.com

SUMMER CAN BE SLOW FOR BUSINESS
But don't let that get in the way of your success.
This is the ideal time to work on your business
rather than in it. Get 2 F'REE eBooks and prepare
for more success with less effort here...
http://www.leanmarketing.co.uk

I'm wondering if... You Know Other People who should be reading this too? So do us all a favour (they get 2 free books - we get a new subscriber - you get to look good) when you Pass On This link... http://www.leanmarketing.co.uk

Rated:NR/0 Votes
4 Views
Add To My Article Reading List
Add To My Article Reading List
Print Article
Print
More Article By Debbie Jenkins
More Article by Debbie Jenkins
Share
More Articles From Branding
More Articles From Branding
Related Articles and Readings
Simple Risk Reversal Formula Will Send Your Sales Into Space 1 of 2 By: Debbie Jenkins
Make A Bold Promise Then Back It Up With An Awesome GuaranteeOnce you know what problem you, your service or your business can solve or what genuine benefit you can deliver then guarantee it!A bold promise backed up with an awesome guarantee:* Enables You To Significantly Raise Your Price* Gives ...
How To Offer a Powerful 100 No Risk Guarantee By: Abe Cherian
Have you ever noticed with most businesses that you are taking the risk? Here's an example. The other day in a small clothing store, I saw the owner had a sign posted that says, "Absolutely No Refunds After 7 Days." This is a really bad way to destroy goodwill. You ...
Writing Guarantees that Sell By: Vanessa Selene Williams
?This offer is good but can you guarantee it.?Why write a guarantee for your product or service? It reduces the risk in the eyes of your customers, enough to turn a cynical customer into a convinced customer.So, what makes a good guarantee? Besides the obvious, ?I guarantee it,? strong guarantees ...
Promise Rings and Why We Should All Be Giving Them By: James Strutton
If you're not quite ready for marriage, yet would still like to show your partner that you are committed. A perfect compromise would be to present them with a promise ring. Promise rings are the middle ground between an official and long term commitment and a public announcement or promise ...
Diamond Promise Rings For When You Mean It By: Peter Leigh
Diamond promise rings are quite common, but many are not all that sure what they are. What is a promise ring? And what does it mean?Promise rings (all of them, not just diamond promise rings, I just love diamond ones) are a symbol of a promise made between 2 people ...
The information provided in this article and/or the comments is the sole responsibility of their respective authors and does not necessarily reflect the opinion of ezinepost.com. ezinepost.com  does not endorse any article and/or comments published by our web users unless otherwise noted. 

Member Panel

login to submit articles and more

StatisticsEZINEPOST.COM

  • » Active Categories: 419
  • » Active Articles:252096
  • » Active Authors:32163
  • » Active Members: 35787
  • » Statistics Updated:
    - Sat Aug 11th, 2018 01:04PM EST