Money Back Guarantee in Business.

[Trush Jodie]

I have seen many businesses that offer money back guarantee to their customers and clients. To me, that is the height of warranty that a business can give to a customer.

Why do you think a business would offer a money back guarantee to a client? Does it help to boost sales?

 

[gwolf666]

Hi, I think offering a money-back guarantee is a very smart strategy for businesses. First, it builds trust with the customer, who knows that if they're not satisfied, they can get their money back without any hassle. This reduces perceived risk and makes the customer feel more secure when making a purchase. Furthermore, it demonstrates that the company is confident in the quality of its product or service, which can improve its reputation and credibility in the market. Undoubtedly, this helps increase sales, as many people prefer to buy from sites that offer that assurance. It also fosters customer loyalty, as customers are more likely to make repeat purchases knowing the company stands behind their satisfaction. In short, offering money-back guarantees is a strategy that benefits both the customer and the company, building trust and increasing the chances of success.

 

[King Belieal]

I have been offering money back guarantees to new customers in my business. I don't know which other way to convince them easily than that.

 

[Stardom22]

Money back guarantee entails instances whereby the capital for the business capital is being retained

 

[Augusta]

Yes it helps to boost sales. Customers would buy knowing that they can get their money if anything goes wrong

 

[Starmix]

That is one to build trust and connection woth your customers. If you promise a money-back guarantee, then you have to fulfill it, or else they will be angry and ruin your business reputation.

 

[Augusta]

That is one to build trust and connection woth your customers. If you promise a money-back guarantee, then you have to fulfill it, or else they will be angry and ruin your business reputation.

Yes the whole idea is to fulfil it that's just it. We can't just do without promissory to customers but try to fulfil it.

 

[eLdavis]

They do this to gain the trust of the customers, and to prove that their products is 100% reliable and legit.

 

[Kross]

Businesses that offer money back guarantees always have people confident in to patronize the business. It is a good sales strategy.