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Lincoln Murphy Presents...
      The 7 Secrets to
     Free Trial Success
Turn your ‘Free Trial’ into a Customer-Creating Machine!




      Lincoln Murphy             http://sixteenventures.com
7 Secrets to Increasing Conversions with Free Trials




                 Secret #1:
             No More Evaluations


                                                       Lincoln Murphy
7 Secrets to Increasing Conversions with Free Trials

          If you believe people sign-up for your Free Trial
          to do any of the following:

          - Evaluate your product
          - Try before they buy
          - Kick the tires
          - Poke around
          - Explore
          - Play around

          You've already lost them!


Secret #1: No More Evaluations                                Lincoln Murphy
7 Secrets to Increasing Conversions with Free Trials




          You have to believe they are there to start
          using and then to buy your product.




Secret #1: No More Evaluations                         Lincoln Murphy
7 Secrets to Increasing Conversions with Free Trials




             They might think they’re there to do
             those things but you can’t think that.




Secret #1: No More Evaluations                         Lincoln Murphy
7 Secrets to Increasing Conversions with Free Trials




          They might have 8 products to evaluate - all
          with feature parity - so they sign-up for your
          trial as a part of that evaluation process.

          How can you ensure that yours is the one they
          end up paying money to use?




Secret #1: No More Evaluations                             Lincoln Murphy
7 Secrets to Increasing Conversions with Free Trials




          Get them to use your product rather than
          evaluate / try / kick tires / etc.




Secret #1: No More Evaluations                         Lincoln Murphy
7 Secrets to Increasing Conversions with Free Trials




          It starts with a mindset switch from
          thinking like the customer who says “I am
          supposed to be evaluating products...”




Secret #1: No More Evaluations                         Lincoln Murphy
7 Secrets to Increasing Conversions with Free Trials




          To thinking like a vendor who says “I’m going
          to get this person to start using my product
          and become so engaged and invested that
          they don’t even evaluate the other products
          on their list and just buy mine”




Secret #1: No More Evaluations                         Lincoln Murphy
7 Secrets to Increasing Conversions with Free Trials




          That is a MASSIVE mindset shift, but that
          is how your Sales Process - and your
          Free Trial - can actually become a
          Competitive Advantage.




Secret #1: No More Evaluations                         Lincoln Murphy
7 Secrets to Increasing Conversions with Free Trials




          Sure, they have 7 other products to
          evaluate, but they don't even get try to the
          others because your Free Trial strategy
          actually pulls them in and gets them to use
          the product rather than simply ‘evaluate’




Secret #1: No More Evaluations                           Lincoln Murphy
7 Secrets to Increasing Conversions with Free Trials




          While your 7 competitors wonder what’s
          going on... all your products are pretty much
          the same, right?




Secret #1: No More Evaluations                         Lincoln Murphy
7 Secrets to Increasing Conversions with Free Trials




          Low-touch sales process or high-touch,
          it doesn't matter... this is the way it
          should work.




Secret #1: No More Evaluations                         Lincoln Murphy
7 Secrets to Increasing Conversions with Free Trials




              Remember, even though it’s a
              “Free” Trial, there’s no such thing as
              “free” from the customer perspective




Secret #1: No More Evaluations                         Lincoln Murphy
7 Secrets to Increasing Conversions with Free Trials




          They are “investing” time and resources
          into your product




Secret #1: No More Evaluations                         Lincoln Murphy
7 Secrets to Increasing Conversions with Free Trials




          The more they “invest,” the more likely
          they are to convert




Secret #1: No More Evaluations                         Lincoln Murphy
7 Secrets to Increasing Conversions with Free Trials




          It’s your job to get them invested as much
          as possible during the Free Trial




Secret #1: No More Evaluations                         Lincoln Murphy
7 Secrets to Increasing Conversions with Free Trials




          People don’t invest much in “evaluations”
          so you need to move them away from
          evaluation and toward “use”




Secret #1: No More Evaluations                         Lincoln Murphy
7 Secrets to Increasing Conversions with Free Trials




             You do this by designing a Free Trial
             strategy - an experience - around the
             goal of initial use (Engagement) and
             deeper use (Investment) to make
             Conversion the logical choice.




Secret #1: No More Evaluations                         Lincoln Murphy
7 Secrets to Increasing Conversions with Free Trials




          This might seem like a simple concept on
          the surface, but for most of you, it will
          require a complete mindset shift...




Secret #1: No More Evaluations                         Lincoln Murphy
7 Secrets to Increasing Conversions with Free Trials




          but a mindset shift that is totally worth it!




Secret #1: No More Evaluations                         Lincoln Murphy
For the Ultimate Free Trial
       Resource Guide, visit:
http://sixteenventures.com/free-trial-resource-guide

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SaaS Marketing Strategy - Free Trial Success Secret 1: No More Evaluations

  • 1. Lincoln Murphy Presents... The 7 Secrets to Free Trial Success Turn your ‘Free Trial’ into a Customer-Creating Machine! Lincoln Murphy http://sixteenventures.com
  • 2. 7 Secrets to Increasing Conversions with Free Trials Secret #1: No More Evaluations Lincoln Murphy
  • 3. 7 Secrets to Increasing Conversions with Free Trials If you believe people sign-up for your Free Trial to do any of the following: - Evaluate your product - Try before they buy - Kick the tires - Poke around - Explore - Play around You've already lost them! Secret #1: No More Evaluations Lincoln Murphy
  • 4. 7 Secrets to Increasing Conversions with Free Trials You have to believe they are there to start using and then to buy your product. Secret #1: No More Evaluations Lincoln Murphy
  • 5. 7 Secrets to Increasing Conversions with Free Trials They might think they’re there to do those things but you can’t think that. Secret #1: No More Evaluations Lincoln Murphy
  • 6. 7 Secrets to Increasing Conversions with Free Trials They might have 8 products to evaluate - all with feature parity - so they sign-up for your trial as a part of that evaluation process. How can you ensure that yours is the one they end up paying money to use? Secret #1: No More Evaluations Lincoln Murphy
  • 7. 7 Secrets to Increasing Conversions with Free Trials Get them to use your product rather than evaluate / try / kick tires / etc. Secret #1: No More Evaluations Lincoln Murphy
  • 8. 7 Secrets to Increasing Conversions with Free Trials It starts with a mindset switch from thinking like the customer who says “I am supposed to be evaluating products...” Secret #1: No More Evaluations Lincoln Murphy
  • 9. 7 Secrets to Increasing Conversions with Free Trials To thinking like a vendor who says “I’m going to get this person to start using my product and become so engaged and invested that they don’t even evaluate the other products on their list and just buy mine” Secret #1: No More Evaluations Lincoln Murphy
  • 10. 7 Secrets to Increasing Conversions with Free Trials That is a MASSIVE mindset shift, but that is how your Sales Process - and your Free Trial - can actually become a Competitive Advantage. Secret #1: No More Evaluations Lincoln Murphy
  • 11. 7 Secrets to Increasing Conversions with Free Trials Sure, they have 7 other products to evaluate, but they don't even get try to the others because your Free Trial strategy actually pulls them in and gets them to use the product rather than simply ‘evaluate’ Secret #1: No More Evaluations Lincoln Murphy
  • 12. 7 Secrets to Increasing Conversions with Free Trials While your 7 competitors wonder what’s going on... all your products are pretty much the same, right? Secret #1: No More Evaluations Lincoln Murphy
  • 13. 7 Secrets to Increasing Conversions with Free Trials Low-touch sales process or high-touch, it doesn't matter... this is the way it should work. Secret #1: No More Evaluations Lincoln Murphy
  • 14. 7 Secrets to Increasing Conversions with Free Trials Remember, even though it’s a “Free” Trial, there’s no such thing as “free” from the customer perspective Secret #1: No More Evaluations Lincoln Murphy
  • 15. 7 Secrets to Increasing Conversions with Free Trials They are “investing” time and resources into your product Secret #1: No More Evaluations Lincoln Murphy
  • 16. 7 Secrets to Increasing Conversions with Free Trials The more they “invest,” the more likely they are to convert Secret #1: No More Evaluations Lincoln Murphy
  • 17. 7 Secrets to Increasing Conversions with Free Trials It’s your job to get them invested as much as possible during the Free Trial Secret #1: No More Evaluations Lincoln Murphy
  • 18. 7 Secrets to Increasing Conversions with Free Trials People don’t invest much in “evaluations” so you need to move them away from evaluation and toward “use” Secret #1: No More Evaluations Lincoln Murphy
  • 19. 7 Secrets to Increasing Conversions with Free Trials You do this by designing a Free Trial strategy - an experience - around the goal of initial use (Engagement) and deeper use (Investment) to make Conversion the logical choice. Secret #1: No More Evaluations Lincoln Murphy
  • 20. 7 Secrets to Increasing Conversions with Free Trials This might seem like a simple concept on the surface, but for most of you, it will require a complete mindset shift... Secret #1: No More Evaluations Lincoln Murphy
  • 21. 7 Secrets to Increasing Conversions with Free Trials but a mindset shift that is totally worth it! Secret #1: No More Evaluations Lincoln Murphy
  • 22. For the Ultimate Free Trial Resource Guide, visit: http://sixteenventures.com/free-trial-resource-guide