Learn how to create a positive customer experience with flexible refund policies.
Creating a flexible refund policy is a great way to create a positive customer experience. Refund requests create an opportunity to talk to the customer before they churn, and a long refund period communicates confidence in your product. Additionally, approving a refund request can reduce the risk of credit card chargebacks and create goodwill with customers. Approving a refund request can also free up your brain cycles to focus on other aspects of your product. Lastly, if a customer is demanding on support or the product isn’t a great match, it’s often a win for both parties to offer a refund. When creating a flexible refund policy, it’s important to see refund requests in a positive light. Learn about your customer, and say goodbye with a positive vibe. Don’t spend your energy debating, as that energy is better spent elsewhere.