Guarantees Are Only as Good as the Quality of the Product
Guarantees Are Only as Good as the Quality of the Product

It’s funny to note how companies or marketers feel that by simply placing a guarantee on a product – they will make more money and sell more stuff.  While guarantees or “risk reversal” tactics have been proven to remove hesitancy and doubt from customer’s minds, you must have a quality product to begin with in order to take advantage of the benefits of offering a guarantee.  You may have come across a product or service that offers a 100% money-back guarantee – only to read reviews from people that the product is garbage and it’s near impossible to get your money back.

Develop a long-term strategy instead of chasing a quick buck promoting or creating inferior products – because even guarantees can’t save bad products.

I believe Chris Farley in Tommy Boy said it best:

Tommy: Let’s think about this for a sec, Ted, why would somebody put a guarantee on a box? Hmmm, very interesting.

Customer: Go on, I’m listening.

Tommy: Here’s the way I see it, Ted. Guy puts a fancy guarantee on a box ’cause he wants you to fell all warm and toasty inside.

Customer: Yeah, makes a man feel good.

Tommy: ‘Course it does. Why shouldn’t it? Ya figure you put that little box under your pillow at night, the Guarantee Fairy might come by and leave a quarter, am I right, Ted?

Customer: What’s your point?

Tommy: The point is, how do you know the fairy isn’t a crazy glue sniffer? “Building model airplanes” says the little fairy; well, we’re not buying it. He sneaks into your house once, that’s all it takes. The next thing you know, there’s money missing off the dresser, and your daughter’s knocked up. I seen it a hundred times.

Customer: But why do they put a guarantee on the box?

Tommy: Because they know all they sold ya was a guaranteed piece of shit. That’s all it is, isn’t it? Hey, if you want me to take a dump in a box and mark it guaranteed, I will. I got spare time. But for now, for your customer’s sake, for your daughter’s sake, ya might wanna think about buying a quality product from me.

Customer: …Okay, I’ll buy from you.



Comments »

No comments yet. :-(

Name (required)
E-mail (required - never shown publicly)
URI
Your Comment (smaller size | larger size)

RSS feed | Trackback URI

Trackback responses to this post

Big Manta Recommends

The Thesis Theme from Chris Pearson and DIYthemes AWeber - Email Marketing Made Easy Wordpress Hosting at GoDaddy.com

Tip of the Day

Reach out and connect with someone in your industry or topic.  Try and forge relationships that will help you learn or might be beneficial to you both.  You will not only grow your site (and yourself), but you will create some great friendships in the process.

More daily tips...

Quote of the Day

You now have to decide what ‘image’ you want for your brand. Image means personality. Products, like people, have personalities, and they can make or break them in the market place. – David Ogilvy

More daily quotes...