EPISODE · Jul 19, 2023 · 27 MIN
How To Prevent Buyer Remorse And Turn Customers Into Raving Fans!
How do you prevent buyer remorse and get your customers to buy from you over and over again? What can you do to make sure the people who buy from you never regret it? And how exactly do you turn them into repeat buyers and raving fans?!We spill ALL the beans today. Are you ready for it?SOME EPISODE HIGHLIGHTS: (0:33) Join our FREE Facebook Group. (4:34) Check out our sponsor ZeroBounce. (6:22) What is buyer remorse?(7:43) What's the psychology behind buyer remorse and why does it happen?(11:44) Remorse is a natural physiological response.(15:48) How the heck can email marketing help with buyer remorse?(16:39) Resell people on the product to gain the ability to sell more to them!(21:03) Teach the best bits first!(22:49) How to prevent buyer remorse in your onboarding sequence.(25:44) Subject line of the week.What is buyer remorse?Buyer remorse is a sense of regret that happens at the back of people buying something. It can happen immediately, as soon as they bought the product, or after it's been delivered. But it can also kick in quite a long time down the road, like a year later, for example.What's the psychology behind buyer remorse and why does it happen? Buyer remorse can happen for a number of reasons. People don't have confidence in themselvesIf you sell a course, a membership, or coaching, buyer remorse could happen when someone loses confidence in themselves. Doubt creeps in and the person who bought your product suddenly isn't sure whether they can do the work. You (as the vendor) may have done everything you needed to do to sell it, but your customers are now doubting their own ability to get the work done. And so they start to regret buying your product.People have been burnt out beforeAnother reason why people experience buyer remorse could be that the minute the money leaves their account, they're triggered into a time when they were burnt in the past.Maybe they bought something, but the person who sold them the product didn't deliver on their promise. Or maybe the product wasn't good. We've all had bad experiences in the past, and we're all jaded somehow. So sometimes people regret buying from you, but it's not because of something you did. Rather, it's because someone else may have done something not as ethical or good as you. The product isn't what it promised to beWhat could also happen is that someone buys a course, and they're excited about it. But then they get started and realise the programme isn't what it said in the advertising. Sure - any good marketing is meant to get people excited. But that should never be to the detriment of content. People worry about what others might thinkAnother reason for buyer remorse is that people buy something but then start worrying about what others might think. This is all to do with the fear of being judged by others!Remorse is a natural physiological responseRemorse can also be a natural physiological response to all the tension and excitement that kicks in if you've been thinking about buying something for a long time, for example. At some point, you may feel apprehension, and that can be disguised as excitement. Because, physiologically, we have very little ability to tell the difference between terror, tension, or anxiety and excitement – they feel the same to us! So it's when we've paid for something (and the money's gone) that suddenly all the doubts appear, and we feel remorse.For a lot of people though, buyer remorse boils down to that moment when they start to realise that what's standing in between them and getting the results they want is their own ability to do the work - to make time to prioritise, study, and apply whatever it is they bought. People might start to understand that it's up to them to make your teachings work in their situation, and suddenly they doubt themselves. How the heck can email marketing help with buyer remorse?Over the years, we’ve come up with a few strategies to use email marketing to prevent buyer remorse. The first one is to make sure we do a really damn good job of reselling how amazing the product is. We want to tell them how it's going to help them get the outcome they want.How do you do that? You repaint the transformation you promised them. We do that in our series of Thank You videos but also in our follow-up sequence called the Refund Reduction campaign, which is available inside our membership The League. The campaign is designed to get people to consume your product. But even if they don’t consume it, they’ll still feel the benefits and won't ask for their money back. Resell people on the product in order to gain the ability to sell more to them!Basically, your marketing doesn’t stop when someone buys. Because, first of all, you want to make people feel great about what they just bought. But also, you want them to buy something else from you in the future. And it’s going to be a lot harder to get someone over the hump of buying something else if they wish they hadn’t bought anything at all! In order to buy from you again, people need to love the fact they bought from you in the first place! So in the follow-up emails that deliver the product, we signpost people to its various elements. Over a few days, you want to show people how good your product is - even if they never look at it. Why? Because you want to increase the customer value by selling more offers to the same people. That's how businesses become successful - by selling multiple products to the same customers. If someone buys from you, but you never resell them on that product, there's a chance they won't buy from you again. So your job is to remind your customers of the problem you solve. Be specific and tell them exactly how and where in your programme they can find the answer to their burning question (which ideally is what sold them on your product in the first place). Remind people that they’ve got access and give them all the details again.Teach the best bits first!Also, remember that when people buy courses, they don't always go through them or complete them. So make sure you pick the sexiest bits of your programme and tell your audience about them in your post-purchase sequence. In fact, teach the sexy bits first! Place them at the start of your programme to make it more interesting. The unsexy bits that naturally every course will have can go later, but let people get excited about the greatest parts first. They can always do the unsexy work later. For example, when people join our membership The League, we send them a link to our Getting Started videos. We tell them to watch these videos in order to get the best results. We know our customers feel good about this content because it reminds them that our programme is great and tells them what's going to happen next, what to expect, what the outcome is going to be, and why it’s important.How to prevent buyer remorse in your onboarding sequenceWhen someone joins The League, we first map out what the different elements of the membership are. We talk about our email campaigns, the automated software suite of tools that you can plug into your email marketing system, our two coaching calls a month, our members-only podcast, the video training, etc.And then we map out all the actions that we want someone to take. For example, we ask people to subscribe to the members’ only podcast, register for the next group call, get into our Facebook group, etc. After that, we need to figure out where people should start because we want to make their journey easy. Our membership has a lot of material in there, so we need to tell people where to start, in order to reduce their feelings of overwhelm.This is why, after our three Getting Started videos, we tell people to jump onto our Success Track. We don't want to leave people with no place to go. The idea is to guide them through and help them figure out what to do next because they're new to the content, and it can feel intimidating. So we give them a bit more direction. Your onboarding sequence needs to keep people moving along the path. And if you want to find out more about this, here's the episode How To Create A Member Onboarding Sequence That Your Members Will Love. So remember to address the key questions that someone might have when they join your programme - do this to prevent buyer remorse! And if you want all the
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How To Prevent Buyer Remorse And Turn Customers Into Raving Fans!
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