You'll Love It or We'll Eat It!

I love Taco Bell's new guarantee (I know you are probably thinking that I eat out too often now). As you walk into their restaurants, there are big signs on the walls that state, "if you don't like it, we'll make it right or we'll eat it." As a customer, I know that although it only cost me 79 cents, if there is something wrong with my taco, they stand behind their product. I wonder how many people actually ask for a full refund? I bet there are very few...

At the LORT conference, many of my colleagues were talking about offering a money back guarantee. Some theaters had a guarantee already in place, and they noticed that postcards that mentioned the guarantee sold had a much higher ROI than those sent out without the guarantee. But even more interesting was that most theaters reported having ZERO requests for a refund. There are very few people in the world who are argumentative enough to walk straight up to the box office and ask for a full refund even if they had the worst experience ever. So if you provide a good experience to your customers, I would imagine that you have nothing to worry about. Increased sales with little risk...seems like an easy call to make.