Your offer is weak if you do not offer a great guarantee and a refund policy episode artwork

EPISODE · Dec 10, 2023 · 2 MIN

Your offer is weak if you do not offer a great guarantee and a refund policy

from The Yiannis Daily Podcast · host Yiannis Papastergiou

Today I had an awful experience trying to come back to Cardiff by train. 🚂😠 Not only I arrived 1.5 hours late, I had to be standing through almost the whole journey and all of this for a price of… £80… 🕒🚫💷 I am upset and tired and as soon as I came home I applied for my trip to be refunded. 😤💤💰 This experience taught me a good business lesson: 📚👨‍🏫 Your offer is weak if you do not offer a great guarantee and a refund policy. 📉🛑 No matter how hard you try, some people will not love working with you or consuming your digital product or course. 🚫❤️ And that is OK. ✅ The only thing you need to do is to offer them a way out. 🚪👋 The fact that they won’t like your service or product does not mean that you cannot salvage the experience they had with you. 🔄👍 Offer a great guarantee and refund policy and these 3 things will happen: 📝🌟 1. You will reduce the purchase risk and so you will improve your conversions. ⬇️🛒 2. You will offer them a fair way out if they do not like what they bought from you. 🤝💔 3. You will keep a great relationship and reputation with your customers even if they did not enjoy your products or services. 👥👍 Customer is not always right but customer satisfaction is a business-only goal. 👌💯 That’s it for today, See you tomorrow! 👋🌞 #BusinessPodcast #CustomerServiceTips #PodcastForBusiness #RefundOptions #PodcastMarketing #DigitalEntrepreneur #SatisfyingCustomers #BusinessRelationships #PodcastStrategy #CustomerSatisfactionPodcast #QualityGuarantee #BusinessInsights #PodcastLessons

Today I had an awful experience trying to come back to Cardiff by train. 🚂😠 Not only I arrived 1.5 hours late, I had to be standing through almost the whole journey and all of this for a price of… £80… 🕒🚫💷 I am upset and tired and as soon as I came home I applied for my trip to be refunded. 😤💤💰 This experience taught me a good business lesson: 📚👨‍🏫 Your offer is weak if you do not offer a great guarantee and a refund policy. 📉🛑 No matter how hard you try, some people will not love working with you or consuming your digital product or course. 🚫❤️ And that is OK. ✅ The only thing you need to do is to offer them a way out. 🚪👋 The fact that they won’t like your service or product does not mean that you cannot salvage the experience they had with you. 🔄👍 Offer a great guarantee and refund policy and these 3 things will happen: 📝🌟 1. You will reduce the purchase risk and so you will improve your conversions. ⬇️🛒 2. You will offer them a fair way out if they do not like what they bought from you. 🤝💔 3. You will keep a great relationship and reputation with your customers even if they did not enjoy your products or services. 👥👍 Customer is not always right but customer satisfaction is a business-only goal. 👌💯 That’s it for today, See you tomorrow! 👋🌞 #BusinessPodcast #CustomerServiceTips #PodcastForBusiness #RefundOptions #PodcastMarketing #DigitalEntrepreneur #SatisfyingCustomers #BusinessRelationships #PodcastStrategy #CustomerSatisfactionPodcast #QualityGuarantee #BusinessInsights #PodcastLessons

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Your offer is weak if you do not offer a great guarantee and a refund policy

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This episode was published on December 10, 2023.

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Today I had an awful experience trying to come back to Cardiff by train. 🚂😠 Not only I arrived 1.5 hours late, I had to be standing through almost the whole journey and all of this for a price of… £80… 🕒🚫💷 I am upset and tired and as soon as...

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