3 Principles Behind the Science of Consumer Reviews Effectiveness
Data doesn’t lie
– increased positive consumer reviews do drive up conversion rates. In fact,
giant online portals such as Amazon, eBay, Airbnb, and Booking.com, to name a
few, have gone the extent of offering consumer incentives in exchange for
consumer reviews. Because, for example, a product that has been highly rated tends
to sell better than those with only a few or none.
Indeed, data
showing consumer retail behavior in response to consumer reviews adds evidence to
the science behind the relationship. But would consumer reviews have the same
effect on your business? Below, I explore the psychological elements that give
consumer reviews the power to thrust site customers into taking the desired
action.
Social Proof
Cialdini’s social
proof principle explains the effectiveness of consumer reviews. While we all want to be
unique, humans are simply predisposed to follow the herd. We seek social proof
that if others have done it, then it must be safe or good or of superior
quality. When it comes down to having uncertainty in following a course of
action, we’d rather rely on what our peers or other consumers are saying about
a product or service. This is especially crucial for online purchases or
bookings in which we are unable to physically examine a product or visit the
hotel beforehand.
On the other
hand, you are probably more inclined to watch a new film that is rated above
50% on Rotten Tomatoes over one with only 7%. That’s because you get the
assurance that the majority (of reviewers) have given this film a thumbs up.
Persuasion Knowledge
Being aware that
ads want to persuade you can be off-putting, because no one likes to be told
what to do. You can hire the best copywriters in the world, but if your copy
sounds too much like “Buy me! Buy me!” chances are you will not get far in sales.
Consumer reviews, meanwhile, distract people from the persuasion in your product
claims because there are reviews to back them up. In short, consumer reviews
are a trusted source of information about a product’s or service’s quality.
Word of mouth
Word-of-mouth is
a proven selling strategy but often overlooked because we hear it so casually,
from parents recommending the best brand of cheese to colleagues sharing
positive experiences about a certain software. WOM does influence people’s
choices, facilitates the free spread of information, and as big data
demonstrates, drive up conversions (e.g. sales). You’d probably need less
convincing from a friend over a salesman when deciding over a car brand that your
friend drives or the salesman is selling you. These scenarios demonstrate how
source trust is a formidable element of word of mouth.
To conclude, applying
consumer reviews in your marketing initiative is not as simple as jumping into
the bandwagon. Rather, it is a science-backed strategy that taps into an
intrinsic human attitude and behavior towards social cues. So on the question
of whether consumer reviews could work for your business? It most likely would.
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