Tag Archives: refund

FTC Tip For The Day….

Besides telling the truth, what’s the one thing that a company can do to minimize its chances of getting an inquiry from the FTC?  Provide a no questions asked, 100% money back guarantee and honor it.  Here’s why.  Generally speaking, the FTC brings most of its cases with the goal of getting restitution for consumers. If there are no damages (i.e., everyone has been refunded), then it reduces the incentive for the FTC to bring a case.  Further, if everyone is happy, there won’t be any complaints to the FTC. Thus, unless you are making outrageous health claims to children, for example, it is less likely that you will wind up on the FTC’s radar screen.  Responding to a FTC investigation will surely cost more than the $39.95 refunded to a consumer. So to sum it up, always tell the truth and provide full refunds. You should have less worries.