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Status: (4) Ferrari
Joined: Jan 2008
Posts: 812
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Expertise: Fastlane Student
Locale: Frisco, TX (Dallas)
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Re: lose win for information web sites
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May 13th, 2008, 11:53 AM
#2 (permalink)
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As I recall, the concept is, "If you aren't satisfied with, we'll refund the cost of your purchase PLUS [$/%] more." With a service, it wouldn't really be much different. You could include some fine print, though, that gives you some discretion. I.e. "In order to qualify for guarantee refund, subscriber must have logged onto site X times over the course of Y, and attempted at least Z queries of data" or such. Seems a little trivial. But it might keep someone from using you as a savings account with a guaranteed 50% ROI!
Or - make it harder by requiring a full 30 day trial period, with a request for feedback as to why they are canceling their subscription, and the caveat that the maximum refund is for 1 1/2 or 2x of ONE monthly charge or such.
Or - just give them the first month for free. That doesn't fit the definition of a lose/win. But it would be easier.
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