September
1999
FREE TRIALS AND HOW
TO USE THEM
High-tech companies have been using free trial offers
since the dawn of the personal computer. AOL is perhaps
the most notorious disciple of the "try it, you'll buy
it" strategy. Seagate Software made news recently by
shipping millions of copies of their enterprise reporting
tool, Crystal Reports, on CD-ROM to MIS Managers nationwide.
However, free trials have their downside. They extend
the sales cycle. They clog support lines. And sending
out free trials is often an expensive proposition, even
though the Internet now enables companies to offer trial
product online and save the cost of media and shipping.
Free trials are also risky. Left to evaluate your product
on their own time, prospects can develop objections,
often unwarranted, that you'll never have the opportunity
to counter.
The secret of a successful trial program is to balance
the compelling nature of the offer with some element
of control over who gets the product, and how he or
she evaluates it. One way to accomplish this is to make
the free trial part of the offer but grant it only to
"qualified" prospects. For example:
"A
limited number of trial copies of WidgetMaker 1.0 is
available to qualified companies only. To learn how
your company can qualify, call 1-800-WIDGET to speak
to a WidgetPro representative."
(Naturally,
the definition of "qualified companies" is up to you and
your sales force.)
Whatever you do, test. A free trial may increase your
response rate, but it could also simply delay sales
that you'd be able to close anyway. Try offering free
trials to half your audience, code the names accordingly,
then gauge the difference in response, cost per lead
and close rate. Only then will you know whether a free
trial makes sense in the long term.