How Reviews Affect Sales for Your Small Business
Online reviews are increasingly being consulted by consumers before making buying decisions. It’s important to appreciate how online reviews affect sales.
Here are a dozen reason they can affect your sales.
- Local sites featuring reviews are more prominent in search than in the past.
- Two thirds of local directory traffic comes from people searching for products & services. (source)
- Regardless of your SEO, local sites drive visitors to your site. (source)
- Each star in a review translates to 5-9% impact on revenues. (source)
- Local independent businesses are the most affected by reviews. (source)
- 61% of customers read online reviews before making a purchase decision (source) and Forbes says it’s as high as 90%.
- People are 63% more likely to buy from a site with user reviews. (source)
- Reviews are 12 times more trusted than your web site itself. (source)
- More reviews lend credibility to the ratings, driving visitors and sales. (source)
- The Harvard Business Review says that good reviews can increase sales 32%-52%.
- Negative reviews can cause a drop of 15% in sales (source)
- But for an unfamiliar product, even bad reviews can sometimes increase sales. (source)
Do you have a process in place to increase the likelihood of getting good customer reviews? If so, let us know about it in the comments below.
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2) Promote Every Blog Post Your Write
Your web page or blog post or newsletter may be astoundingly helpful or surprisingly informative, great fun to read and generally a gem that your target market really needs to know about and read. But if your subject line or headline isn’t good “click bait” — something that will make it impossible to pass up without clicking on it — no one will know.
Webmasters are always in need of good, relevant content for their web sites. Do you have well-written articles about your area of expertise in one of the several article repositories on the web? If so, your articles will be found, picked up, and reprinted on other web sites. When those webmasters use your article they almost always include your own “About The Author” blurb at the end of the article. A blurb in which you just happen to include a link to your web site.
It’s essential that your articles not be commercials for you; they need to be useful and informative, with information that readers will find valuable. There are two very selfish reasons for this. First, articles that tout your products or services are least likely to be picked up for inclusion on anyone else’s web site. And second, a great article with lots of informative content is more likely to entice a reader to click on your link at the bottom and visit your web site.