How-To
How to Create Effective Sales Guarantees -- Step-by-step process for implementing guarantees that increase sales while managing risk
Teaching6:39
The Puppy Dog Close — Mental Ownership Before Purchase
The 'puppy dog close' works because when people mentally and emotionally take ownership of something, they become much more willing to pay for it
Teaching
30-Day Sale Guarantee or I'll Buy It for Cash
Real estate agents who offered '30-day sale guarantees or I'll buy it for cash' created very powerful offers by taking on all the risk
Teaching
Better-Than-Risk-Free Guarantees Including Cash Back
Better-than-risk-free guarantees include offering full refund plus $100 cash for wasted time, which Eben has used at live seminars
Teaching
Loss Aversion as the Key Buying Motivator
Humans are twice as motivated to avoid loss as they are to pursue gain, making fear of loss a huge motivator in buying decisions
Teaching4:49
Extreme Guarantees Attract Scammers But Net More Sales
When offering extreme guarantees, you'll get some scammers but the massive increase in sales makes it profitable overall
Teaching9:16
Tell Prospects Exactly What to Do to Order
You must provide step-by-step directions telling prospects exactly what to do to order and what to expect at every stage
Teaching2:10
Better-Than-Risk-Free Guarantees Can Double Your Sales
Money-back guarantees can increase sales by 10-50%, while better-than-risk-free guarantees can often double your sales
Teaching10:04
People Only Take Actions They Have Already Seen Themselves Taking
A person will only take an action that they have first seen themselves taking inside of their own mind
Answer9:16
Step-by-Step Order Instructions That Drive Completion
Tell prospects exactly what to do step-by-step, including every detail like 'click the button below that says order now, fill out the simple one page order form, enter your credit card information, click finish my order, and you'll be taken to the videos where you can start immediately.'
Answer4:49
How the Puppy Dog Close Works in Practice
The puppy dog close means letting customers try your product before they buy it. Like letting someone take a puppy home for a few days before deciding - they fall in love and come back to pay, whereas fewer people buy when forced to decide on the spot.
Answer2:25
Better-Than-Risk-Free Guarantees — Money Back Plus More
A better-than-risk-free guarantee gives customers their money back plus something extra, like keeping the product or receiving additional compensation. Eben offers full refunds plus $100 cash at seminars, which he honors immediately when requested.