You might have heard that product reviews are essential for eCommerce stores, but you didn't understand WHY.
This post is going to help you figure out exactly why product reviews are so important for your eCommerce store and how to leverage them to make more sales!
What are product reviews?In general, product reviews are the aftermath of a customer giving a business an opinion or feedback about the product that they received.
Product reviews are almost always used on eCommerce to give customers a chance to rave about or air their grievances on the websites.
Why reviews are important for eCommerce
Benefits of product reviews on boosting salesOnline reviews are essential for eCommerce businesses because they boost sales! When eCommerce stores show off product reviews, they typically see more sales. Here are the stats on how reviews increase sales!
- Reviews produce an average of 18% uplift in sales.
- Businesses with more than 9 recent reviews (posted within the past 90 days) earn 52% more than average.
Benefits of product reviews on increasing trust and loyaltyNot only that but product reviews improve customer trust and loyalty. Having product reviews on your online store shows what sets your products apart from other similar brands and can strengthen your credibility. Product reviews encourage your past customers to interact with your brand. This customer interaction is what we call loyalty!
Importance of online product reviews from a consumer’s perspectiveWhen you display product reviews on your eCommerce store, you give your shoppers an idea of what the product is like before they buy it. Reviews give shoppers on your site the information they need to make the decision to purchase the product since they can't 'test' in real life!
Reviews give customers insightTypically reviews cover things like
- how accurate the photos are
- shipping times and
- customer support
Importance of reading customer reviewsWhen you read your reviews you will typically be able to identify where you are excelling and falling short in the following categories
- Customer service
Customer serviceReading reviews and taking them into consideration when charting a course for your business. When you look at your reviews, you will be able to see where you stand with respect to customer satisfaction in general. For example, if you find that people are complaining that they send several emails with no response, you can be sure to create a process for responding to emails every 24 hours.
QualityAgain you'll know what action to take if you see that people are leaving reviews about the fit of a product. You can use this as an opportunity to create a size guide to help people choose the right size dress or redesign your line to make them fit better. On the other hand, if you find people really like a particular feature, you can replicate it across your product line.
PriceIf you read your reviews, you may discover that people think your product is a steal of a deal. You might discover that people are paying 2x more with your competition. This is an opportunity to increase your prices, while still being under the price of your competition. Now, on the other hand, if you see that people are always complaining about the price (50% or more - ignore this feedback if it is around 10% of your customers) you may want to either increase the quality or unboxing experience or reduce your prices!
ShippingThis is a big one, the even I struggled with. If you notice that shoppers are raising concerns about shipping times, you know it is time to change your shipping provider OR offer more options for shipping. Again, it's not just enough to get product reviews for your eCommerce store! You have to read them. Reading your product reviews will help you
- Double down on what is working
- Improve what isn't working
Importance of product reviews in online shoppingThe bottom line is this: When you have more product reviews, the more a shopper will be convinced that buying from you is the right thing to do!
Reviews are social proofHumans are social beings and like to follow the crowd. Reviews are a strong form of social proof that is just as good as a personal recommendation. A very good way of making a review even better is to add a photo of your customer. This creates a personal connection and a stronger recommendation!
Reviews improve search engine rankingWe all know how important being on the front page of Google is! Customer feedback like reviews and testimonials appear on each one of your product pages. the more reviews you have, the easier it will be for people to find your shopping listing and click through to it. Also, keep this in mind, customer product reviews seem to be the most prominent factor for local search.
Reviews give your customers a voiceWhen you have customers that take time out of their day to leave you an online review they are more likely to be loyal to your brand! When you respond to a review you are showing that you care about what your customer says. They will feel like they have a voice. This is especially true if you respond and tell them you are going to implement their feedback!
Reviews let your customers market for you!
If your customers are sharing their products on their social media that just more exposure for those products and your brand! Letting your happy customers do the talking is much more powerful than any campaign you can create!
These acts of micro-marketing are free and keep working long after your customer has posted their photo or review. Not only do these reviews create brand awareness they encourage other customers to leave their own feedback. The simple appearance of reviews is enough to incentivize others to give their own opinion!
Why do people read reviews?People read reviews because they need help making informed decisions! It is hard for them to make the right decision without ever touching your product in real life. Reading reviews helps online shoppers
- Understand if what they are buying will solve their problem
- If they will like what they ordered
- What the quality of your product is
- How good your customer service is