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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 #7:
                 The Four Phases
                  of a Free Trial


                                                       Lincoln Murphy
7 Secrets to Increasing Conversions with Free Trials




         Your Free Trial actually consists of 4 phases




Secret #7: The Four Phases of a Free Trial             Lincoln Murphy
7 Secrets to Increasing Conversions with Free Trials




          Breaking the Free Trial down into 4 parts
          not only helps you understand the
          process more deeply and allow you to
          create a process more likely to deliver
          sales...




Secret #7: The Four Phases of a Free Trial             Lincoln Murphy
7 Secrets to Increasing Conversions with Free Trials




          But understanding the Four Phases of a
          Free Trial allows you to more easily spot
          and optimize bottlenecks




Secret #7: The Four Phases of a Free Trial             Lincoln Murphy
7 Secrets to Increasing Conversions with Free Trials




                   Four Phases of a Free Trial
           Attention    Engagement Investment      Conversion




Secret #7: The Four Phases of a Free Trial                 Lincoln Murphy
7 Secrets to Increasing Conversions with Free Trials




                             Attention
          Everything you do before they sign-up for the
          Free Trial. Includes your Marketing Website,
          Advertising / Promotion, Up-front
          Indoctrination, Expectations Management,
          Pricing, etc.




Secret #7: The Four Phases of a Free Trial             Lincoln Murphy
7 Secrets to Increasing Conversions with Free Trials




                           Engagement
          The Phase immediately after you get them to
          sign-up for the Free Trial where there’s one
          goal; start using the product. This is absolutely
          the MOST IMPORTANT PHASE and where
          most SaaS & Web App vendors drop the ball.




Secret #7: The Four Phases of a Free Trial               Lincoln Murphy
7 Secrets to Increasing Conversions with Free Trials




          When you tell me you get 1000 Free Trial sign-
          ups, but only 100 ever login more than once, you
          have a problem in the Engagement phase!




Secret #7: The Four Phases of a Free Trial              Lincoln Murphy
7 Secrets to Increasing Conversions with Free Trials



                            Investment
          This is the phase where your potential customer
          moves beyond simply setting up their account
          and adding users to actually starting to use and
          spend more time in the app. They become
          “invested” in the product through time,
          resources, etc. The goal of this phase is to get
          the user so invested that they’d hate to lose
          their work and conversion is a no-brainer. This
          is where CCAs really come into play.

Secret #7: The Four Phases of a Free Trial              Lincoln Murphy
7 Secrets to Increasing Conversions with Free Trials




                           Conversion
          Ultimately, everything you do in every
          other phase of the Free Trial should drive
          toward Conversion.




Secret #7: The Four Phases of a Free Trial             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 7: The Four Phases of a Free Trial

  • 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 #7: The Four Phases of a Free Trial Lincoln Murphy
  • 3. 7 Secrets to Increasing Conversions with Free Trials Your Free Trial actually consists of 4 phases Secret #7: The Four Phases of a Free Trial Lincoln Murphy
  • 4. 7 Secrets to Increasing Conversions with Free Trials Breaking the Free Trial down into 4 parts not only helps you understand the process more deeply and allow you to create a process more likely to deliver sales... Secret #7: The Four Phases of a Free Trial Lincoln Murphy
  • 5. 7 Secrets to Increasing Conversions with Free Trials But understanding the Four Phases of a Free Trial allows you to more easily spot and optimize bottlenecks Secret #7: The Four Phases of a Free Trial Lincoln Murphy
  • 6. 7 Secrets to Increasing Conversions with Free Trials Four Phases of a Free Trial Attention Engagement Investment Conversion Secret #7: The Four Phases of a Free Trial Lincoln Murphy
  • 7. 7 Secrets to Increasing Conversions with Free Trials Attention Everything you do before they sign-up for the Free Trial. Includes your Marketing Website, Advertising / Promotion, Up-front Indoctrination, Expectations Management, Pricing, etc. Secret #7: The Four Phases of a Free Trial Lincoln Murphy
  • 8. 7 Secrets to Increasing Conversions with Free Trials Engagement The Phase immediately after you get them to sign-up for the Free Trial where there’s one goal; start using the product. This is absolutely the MOST IMPORTANT PHASE and where most SaaS & Web App vendors drop the ball. Secret #7: The Four Phases of a Free Trial Lincoln Murphy
  • 9. 7 Secrets to Increasing Conversions with Free Trials When you tell me you get 1000 Free Trial sign- ups, but only 100 ever login more than once, you have a problem in the Engagement phase! Secret #7: The Four Phases of a Free Trial Lincoln Murphy
  • 10. 7 Secrets to Increasing Conversions with Free Trials Investment This is the phase where your potential customer moves beyond simply setting up their account and adding users to actually starting to use and spend more time in the app. They become “invested” in the product through time, resources, etc. The goal of this phase is to get the user so invested that they’d hate to lose their work and conversion is a no-brainer. This is where CCAs really come into play. Secret #7: The Four Phases of a Free Trial Lincoln Murphy
  • 11. 7 Secrets to Increasing Conversions with Free Trials Conversion Ultimately, everything you do in every other phase of the Free Trial should drive toward Conversion. Secret #7: The Four Phases of a Free Trial Lincoln Murphy
  • 12. For the Ultimate Free Trial Resource Guide, visit: http://sixteenventures.com/free-trial-resource-guide