I love using guarantees in my marketing.
My preference is for using multiple, strong, creative guarantees.
I love using these guarantees, not because they’re fun to think up and write (although they are), but because they work…
…every time I’ve used a strong guarantee, profit from increased sales has far exceeded the cost of honouring the guarantee.
Let me give you an example. Read these guarantees and think which would have more of an impact on you as a buyer:
#1 “If you’re not happy with your WidgetWear Jeans, we’ll give you a full refund.”
#2 “If, at any time in the next 12 months, you don’t think that these are the smartest, sexiest and most exquisite jeans you’ve ever worn… if people don’t stop you in the street and ask for your number… if your friends don’t start calling more often… just send them back and we’ll refund every penny of your money.
No hard feelings and no questions asked.”
Spot the difference!? The first guarantee is just ‘there’ – it’s better than not having a guarantee at all, but it’s all too easy to gloss over. It’s just like ‘10% off’. No one pays attention anymore.
The second guarantee is impossible to miss; it’s over the top and fun. It instils promise, emotion and drama into an otherwise everyday guarantee.
The Guarantee Myth
“Help, I’m worried that everyone will claim under my new guarantee!”
Many small businesses don’t use strong guarantees in their marketing because they think that too many of their customers will take advantage of it.
Studies repeatedly prove this belief to be wrong. I’ve heard it said that typically fewer than 2% of customers will ever take advantage of a guarantee and in my experience, that’s certainly been the case.
Now, if you’ve got a rubbish product or you give rubbish service then that might not be the case. So make sure you’ve ‘got the beef’.
You probably will see an increase in refunds and returns BUT it will be tiny compared to the increase in sales.
In the new economy, super-strong, innovative guarantees can make a real difference. What’s yours?
I am a Digital Marketing Expert and an EC Licensed Coach That Helps Painting & Decorating Businesses Increase Their Lead Flow, Sales & Profits By Working With Them To Implement ‘The Painters Marketing & Sales System™️‘.
If you would like to have a conversation on how I can help take your business to the next level, then please click the link below to schedule a time to have a chat.
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