Sunday, October 30, 2011

Customer Reviews - A Potential Gold Mine For Sales?


Most people who shop online read the product reviews and having them on your site plays a huge part in helping customers making that all important decision to buy.  If you don’t already have this feature turned on for your site, I would recommend doing this. 

There are many reasons to encourage product reviews on your e-commerce site.  Besides the obvious reason of providing prospective customers more trustworthy information, there are added benefits that help improve the quality of your site as well as search engine optimization benefits.

According to the company Reevoo, a company specializing in online customer reviews, product reviews done the right way can boost sales up to 18%.   In addition, successful reviews have been shown to increase the average web order by more than 50%!   Click here for source.

Here are some more interesting statistics they’ve compiled from their own business:

- A review reader is 200-300% more likely to convert than a non-review reader, boosting conversion rates by 8-15%

- Customers reading reviews are 13% more likely to return resulting in a higher trust and customer satisfaction.

Another added benefit of customer reviews is that it increases the stickiness of your site.  In short, customer reviews keep people on your site longer which search engines like.  When they see that customers who visit your site spend more time browsing, it tells them that your site was providing something valuable to the reader.  In fact according to digitalvisitor, another research site, adding reviews can double the browsing time on your site.  - Click here for source

Another thing you may not want to discount are tools such as Facebook and Twitter.  Encouraging genuine product reviews on your Facebook page from customers can help others following the page and encourage them to potentially buy.  It can also serve as a great tool to gather unsolicited feedback from your customers about the products you’re selling.  If something is not right with a product it may be something you want to bring up with the manufacturer or even reconsider whether you want to carry that product.

There are a few ways that you can encourage your customers to leave reviews.  You could periodically send out thank you e-mails to customers and ask them to review the product they just bought on your site.  Quite often they will leave a positive comment about your company and service as well.  Make it easy for them by including the link in the e-mail to the product.  You could also use your Facebook page and hold a contest where by you offer a promo discount or gift card to someone who leaves a product review on your site.  Remember, let them know it doesn’t have to be a five star review, but also know that you get the final say on what reviews can get published.  Also, you may want to correct grammar and spelling mistakes that reviewers may have left.

In honor of this, I thought I’d leave you with a side splitting article that lists The 10 Best Amazon Reviews.  Ever.  

Visit Factor One Technology for more information about our retail and e-commerce products and the services we provide.