Strong risk reversal options can increase sales

Craig Dewe

Craig Dewe (The Marketing Outlaw) fights for marketing that makes you more money. By ignoring stories told by marketing experts he removes the fluff and gives you usable strategies that increase your sales. If you'd like your business to make more money... check out his business marketing blog.

Using the risk reversal options below will increase your sales when used correctly. By taking as much of the purchase risk away from new prospects and putting it on yourself you'll find sales come much easier. And aren't easier sales somethine we all want?

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The Power Of Guarantees

Guarantees are an example of risk reversal but they are often done poorly or not at all. Your guarantee should be clear, short and to the point to act as a marketing tool rather than something your lawyer dreamed up. It should tell your prospect that you believe that your product or service will fulfill your promises. A strong guarantee can then take pride of place in your marketing materials and help you seal the deal. The best guarantees will also attract attention and make prospects wonder how you can afford to have such an amazing guarantee. This translates into faith in your product based on the confidence of your guarantee.

Free Trials

By putting your product in the prospects' hands before they pay a cent you are again showing confidence in your product or service. By offering them a risk free trial they are much more likely to take up your offer and if your product is as good as you say it is they should have no problem purchasing it after the trial. Sure - not everyone will buy after the trial - but by exposing your product to more people you're going to get more sales. You just might have to be creative about what kind of free trial you can offer. If you must you could charge a lower fee for an initial trial as well.

Getting Ripped Off

Many business owners are afraid of making strong guarantees or offering free trials because they feel people will take advantage of them. The truth is most people are honest and these are the people you need to focus on. You're going to get ripped off at some point but it'll pale in comparison with the extra sales you make.

Your Action Step

Decide which risk reversal options will suit your business and go to work. Remember the more creative you are the better they'll work. Risk reversal is a great way to get attention with your marketing as well.

 
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