Today host Julie Hood talks about refunds and some of the decisions you'll need to make around your guarantee and refund policies to maximize your course revenue. See the full course notes and links at https://CourseCreatorsHQ.com/139

LINKS MENTIONED

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KEY TAKEAWAYS FOR ONLINE COURSE CREATORS

Your refund and guarantee policy can definitely impact how many sales you make - especially for people who are on the fence.

Standard advice is that a 365-day refund period is the most likely to help you get more sales. However, there are some downsides.

As the course business owner, you get to decide!

When putting together your policy, answer these 5 questions:

Does your course hosting or tools have a specific refund policy?
Are you subject to any other legal requirements?
Are you a "no questions asked" refund?
Will you require some proof of work completed to refund?
How will they receive their refund?

For the next few weeks, read guarantees and see which ones you like or don't like!

Also, don't take refund excuses personally - or too seriously - unless you get a bunch of them.

Remember, refunds are simply a cost of doing business - similar to paying for your tools or your website hosting.

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E139: Refunds & Guarantees - Getting More Online Course Sales