Most people do not abuse money back guarantees

  • Most business employ some sort of money back guarantee to close sales and increase customer trust in a product.
  • Book - The 4 Hour Work WeekBook - The 4 Hour Work Week

    Metadata:

    author: Timothy Ferriss
    title: The 4 Hour Work WEEK - Escape the 9-5, live anywhere and join the new rich.




    even goes a step beyond that, setting up examples where you can get twice the money back if you are not satisfied with the product.
  • Business owners might be scared that people abuse these options, however, Ferris claims that this seldom happens. Additionally, the few times people actually use these lose-win bets are offset by the volume of business that you generate by employing them.