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by Spivak
2398 days ago
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I mean if the reason you offer free trails is to make money on people forgetting to cancel then it’s probably best to just not offer a trail. If you’re offering a free trail to actually let customers evaluate your product then you’ll probably be unaffected by this. |
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The fact of the matter is that many more people buy when a free trial is offered. If your competitor offers a free trial, and you don't, they get more sales than you.
It's "risk reversal". Similar to a "30 day money back guarantee". People are attracted to the idea of there being no risk to trying this and not liking it.
In some industries, you simply HAVE to offer it.