Do Trial Offers Work All That Well?
I though I should share about my personal experience with using trial offers to market your products. I’m sure you know what they’re all about.
Instead of paying a full price for a product from the get-go, with a trial offer a customer gets to test a product for certain number of days for a knockdown price. Once the trial offer period finishes and he decides to keep the product, he then gets billed full amount as per normal. If not, he simply cancels the trial and he won’t be billed again.
This model’s been used with great success by many businesses. Two examples I can think of - the first one is Derek Gehl’s Insider Secrets. The full price of the program is $197 but you get to trial the entire thing for 30 days for just $2.95(!). I’m sure it works great for them because they’ve probably done all the testing there is to be done and they’re still sticking to this model to market Insider Secrets.
The other ultra-successful one is David de Angelo’s Double Your Dating ebook. I think he charges what, $27 for his ebook but he let’s you download the thing for FREE for 7 days. If you like the book, he then bills you the full amount after the week is up. If not, you simply cancel the trial and he won’t bill you a cent (and you still get to keep the book). Again, I’m sure he’s tested his sales process to no end and it probably works very well for his business. I mean, $20million a year in revenue ain’t too shabby at all, right?
So seeing these fine examples online, I thought I should give it a shot, run a little experiment to see how successful this trial offer model could work for my products.
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