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#288: How Can You Use Guarantees To Increase Your Sales?

Healthcare Boss Academy Podcast

Release Date: 11/01/2022

#358: The Pros & Cons of Having a Business Credit Card show art #358: The Pros & Cons of Having a Business Credit Card

Healthcare Boss Academy Podcast

OVERVIEW: Jason A. Duprat, MBA, CRNA, Healthcare Practitioner, and Host of the Healthcare Boss Academy podcast, presents the pros and cons of having a business credit card. If you choose to have one, he provides tips on how to use the card wisely. EPISODE HIGHLIGHTS: Jason shares an example of someone who funded their startup with a business credit. He changed his mind on the business and presumed he wouldn't be held personally responsible for the debt. He was wrong. Jason explains the differences between a small business credit card and a corporate credit card. A corporate credit...

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Healthcare Boss Academy Podcast

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Healthcare Boss Academy Podcast

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Healthcare Boss Academy Podcast

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Healthcare Boss Academy Podcast

OVERVIEW: Jason A. Duprat, MBA, CRNA, Healthcare Practitioner, and Host of the Healthcare Boss Academy podcast talks about how – and if – you should start a business when you have student loan debt.   EPISODE HIGHLIGHTS: In the US, student debt totals 1.6 trillion dollars. The average student graduates with just under 38k in student loans. And 15% of the US population currently has student loan debt. Jason shares five tips for those struggling with student loans yet still want to launch their business. First, choose your institution wisely. As a student, think about the return...

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Healthcare Boss Academy Podcast

OVERVIEW: Jason A. Duprat, MBA, CRNA, Healthcare Practitioner, and Host of the Healthcare Boss Academy podcast, talks about how to become a guest on a podcast show. He also discusses the benefits of being a guest, including building your authority in your area of expertise, growing your audience and developing connections.    EPISODE HIGHLIGHTS: Being on a podcast show is similar to appearing as a guest on a YouTube channel or writing a guest blog post. It allows you to reach new audiences.  Jason has five tips for becoming a guest on a podcast show ability to speak well...

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Healthcare Boss Academy Podcast

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OVERVIEW Jason A. Duprat, MBA, CRNA, Healthcare Practitioner, and Host of the Healthcare Boss Academy podcast, talks about how to attract the top talent to your team when starting or running a new business. EPISODE HIGHLIGHTS: If you’re launching or starting a new business, building a team of talented people is important for growth. When you have a great team, you can deliver great products and service.  When it comes to hiring new employees, position the benefits of working for your company, especially if you can’t offer a big salary.  One advantage of working for an...

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Healthcare Boss Academy Podcast

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Healthcare Boss Academy Podcast

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More Episodes

OVERVIEW:

Guarantees are like promises. They help others feel more assured about your service.

 

Jason A. Duprat, MBA, CRNA, Healthcare Practitioner, and Host of the Healthcare Boss Academy podcast, talks about leveraging guarantees to boost your sales. In this episode, Jason explains the different types of guarantees and the scenarios where each one can be used. He also shares his personal experience about how guarantees backfired against his business.

 

3 KEY POINTS:

  1. Unconditional Guarantees are most advantageous for the client.
  2. Conditional Guarantees eliminate risk in the eyes of potential clients.
  3. Anti-Guarantees are for providers with high risk or cost when providing their service.

 

EPISODE HIGHLIGHTS:

  • Jason is attending the Level Up Summit put up by a software company and filled with online marketers and online business owners.
  • Guarantees can be a double-edged sword because some could take advantage of them, which happened to Jason.
  • 3 Common Types of Guarantees:
    • Unconditional Guarantee - No questions asked, full-refund guarantee. This is most advantageous for the client.
    • Conditional Guarantee - Comes with certain criteria to meet in order to avail of the refund. This also eliminates the perceived risk in the eyes of a potential customer.
    • Anti-Guarantee - No refund under any circumstance. This is usually the case when the provider has a lot of risk or a high cost when providing their service.
  • You can combine guarantees. For example: Until 24 hours, an Unconditional Guarantee is in effect, but will convert to a Conditional Guarantee beyond that point.
  • When including guarantees, ensure that the total increase in sales outweighs the cost.

 

TWEETABLE QUOTES:

"By offering guarantees, reports say you could potentially increase your sales by up to 4-6 times." – Jason A. Duprat

"The more risk you take off of your clients’ plates, the better the sales outcomes will be for you." – Jason A. Duprat

 

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  • Giveaway starts on Monday, November 14th 2022

 

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