Want to Make More Sales? Make More Guarantees. But only if you know you can keep them.

By Kim Walsh Phillips

Opinions expressed by Entrepreneur contributors are their own.

Maskot | Getty Images

Will the shoes fit? Should I take the risk and buy them online?

Is this the right car for me, especially with all the driving I have coming up?

Should I hire that firm, finally? Can I trust them?

These are some of the questions we ask ourselves when making a purchase. It is normal to have doubt and fear and question before we make a decision to move forward. It is normal to doubt and question. And normal for that doubt to prevent us from moving forward.

Yet many business owners seem to forget this when it comes to selling their own products, programs and services.

Think about your prospects . . .

What are they thinking before they pull the trigger to buy . . .

While you can and should address the major objections of your target market, it is impossible to know all of their concerns, fears or doubts.

So how do you address them in a universal way?

One simple answer -- a guarantee.

Related: 10 Marketing Influencers That Every Entrepreneur Can Learn From

With a guarantee, you can remove the fears of your prospect by taking on all of the risks and removing the risk from them.

Take Nordstrom's for example, for their infamous guarantee. It is not full of rules and regulations. It is focused on the customer.

What is your return policy? We handle returns on a case-by-case basis with the ultimate objective of making our customers happy. We stand behind our goods and services and want customers to be satisfied with them. We'll always do our best to take care of customers -- our philosophy is to deal with them fairly and reasonably. We have long believed that when we treat our customers fairly, they in turn are fair with us. We do apply returns to the tender it was purchased with. If no record of sale is available and we choose to provide a refund, your personal identification will be required to process the return and the return is provided at current price on a Nordstrom Gift Card.

What about returns for purchases at Nordstrom.com? Simply send your item back or bring it to a store near you and we'll do our best to take care of you.

Related: Use These 5 Steps to Create a Marketing Plan

Their return policy is clearly about making the individual purchaser feel comfortable making a purchase. There is no mention of time limits or packaging. Just care for the customer. And this allows the consumer to move forward without risk or fear.

And a guarantee works well beyond retail.

You can and should offer a guarantee for your programs and services.

For our signature program, offered after our free training elitedigitalgroup.com/getpaid, a program to produce predictable leads and sales every day for entrepreneurs and small businesses, we offer a 200 percent guarantee.

It goes like this:

"Now for our incredible guarantee that you won't find anywhere else. It's our 200 percent DOUBLE guarantee. The first guarantee is that if for any reason you decide you don't want this program within 60 days, just give us a call or send us an email and we'll happily refund your entire investment no questions asked.

"Second though, and this is a huge one: After that first 60 days, I'll ride along with you for another 10 months. That's 365 days total. And if you can look me in the eye (via email) and tell me you did your best to implement this program into your business and you didn't at least double your money -- that's a 200 percent return on investment -- you will get all of your money back. And you can keep the program. That's right. You can keep the program.

Related: 4 Ways to Market Your Business for Free

"So you have a full year to go through the entire program. To use all the templates, tools, scripts, pages and bonuses, and if in that 12 months you don't double your money, I'll gladly return your investment in this program."

Now you are probably thinking, "What if people take advantage of us? We can't afford to offer a guarantee like that."

Here's the thing. You can't make the rule for the bad guys. The crooks will always be crooks. They will always find a way to lie, cheat and steal. No matter what the guarantee.

The guarantee is for the good guys -- those whose fear will stop them from moving forward -- but if you can remove it they will move forward. Your guarantee can remove their doubt and fear and be just the thing to help them overcome objections.

We have tested this time and time again and a good return policy always results in more sales in the end, even if your refunds increase slightly.

What kind of guarantee can you give to be that final nudge your prospects need in order to pull the trigger and say "yes?"

Wavy Line
Kim Walsh Phillips

Entrepreneur Leadership Network Writer

Founder of Powerful Professionals

Kim Walsh Phillips went from 32 clients to over 11,000 in less than a year and founded Powerful Professionals, a business coaching company that has been scaling consulting and coaching businesses. Phillips is the best-selling author of The No BS Guide To Direct Response Social Media Marketing.

Editor's Pick

She's Been Coding Since Age 7 and Presented Her Life-Saving App to Tim Cook Last Year. Now 17, She's on Track to Solve Even Bigger Problems.
I Helped Grow 4 Unicorns Over 10 Years That Generated $18 Billion in Online Revenues. Here's What I've Learned.
Want to Break Bad Habits and Supercharge Your Business? Use This Technique.
Don't Have Any Clients But Need Customer Testimonials? Follow These 3 Tricks To Boost Your Rep.
Why Are Some Wines More Expensive Than Others? A Top Winemaker Gives a Full-Bodied Explanation.

Related Topics

Business News

Oscar Mayer Is Changing the Name of Its Iconic Wienermobile

The company is slamming the brakes on its wiener on wheels and rolling out a new meaty ride.


Take Your Social Media Earning Potential Sky-High With This $79.97 Quadcopter

Get this beginner-friendly drone for a great price for Father's Day.

Growing a Business

Subscribers Exclusive Event: Discover How These 2 Founders Turned Their Side Hustle into a Million-Dollar Lifestyle Brand

Learn how you can transform your personal brand into a thriving business empire with co-founders of The Skinny Confidential

Health & Wellness

Sleep Better, Snore Less, and Stay Cool with This Tech-Packed Pillow, Now $49.99

Let technology help you sleep better with this 8-in-1 cooling pillow.

Business Plans

How to Change Careers: A Step-by-Step Guide

Want to make a career change without compromising your finances or future? Check out this step-by-step guide on how to change careers to learn more.

Business News

'All Hell Is Going to Break Loose': Barbara Corcoran Issues Warning About Real Estate Market, Interest Rates

The "Shark Tank" star appeared on FOX Business' "The Claman Countdown" this week.