Reviews have been known to exist for ever since the start of a new business. Whenever you offer a service, someone will comment about it and tell their friends their experience with you. Online reviews work exactly like how word of mouth works. If you are a small business, then you need that word of mouth to start your business and to make it gain momentum. Many people go through reviews before choosing someone to do business with. We are getting to a point where searching will give you options, but reviews will make you decide on who to choose or what to do. Word of mouth, which is the main incentive for people to choose something, is now being typed instead of spoken. Even though authenticity of online reviews is sometimes a concern, still, most of the people will trust what they read, they will most likely go with it if it has over 4 stars. One very important piece of information is that for businesses with excellent reviews, customers are more likely to spend 31% more. When there is a negative review, 86% of the people will hesitate to make a purchase. Don’t forget that star ratings are the number one factor for consumers for judging a business.
Reviews play a major role in getting repeat and new business. Now that a customer has chosen a business, it’s up to the business to give their best service in order for this potential reviewer to have a good impression and hopefully leave a positive review. This cycle repeats itself and helps both sides. It’s understandable that a search is not longer the absolute answer, but reviews are. Reviews are able to provide the information you need for any specific place in a fast way.
Online review sites get a lot of traffic. Many people sometimes just go straight with sites like Yelp, TripAdvisor, or Yellowpages. Google takes into consideration reviews from this site in their search algorithm. These sites play a major role on consumer decision making. According to tests done, a business needs around 10 reviews before people believe their results. Reviews come especially handy when doing local searches. Reviews are taking over not only the search results, but also impact the businesses’ sales. A business with more excellent reviews has the potential to make customers want to pay more. In some cases, online reviews have so much impact that they affect business prices.
Online reviews help businesses provide a better service. Businesses can use online reviews to know what the clients need or want, also, issues can be easily resolved. Businesses can create loyalty with reviews because now customers feel they have a voice and can provide feedback.
Reviews decide a businesses’s trustworthiness. Customers taking their time to say something about a business means a lot to other customers. A good review usually means the business is doing something right. Google Maps for example shows reviews for every place you visit and also gives you suggestions, Google is putting more importance to reviews lately, it plays a big role in ranking and decisions. According to tests done by Moz, review signals rank as high as one fifth on local search engine ranking factors. This means getting reviews and putting them on your site with the schema mark up would boost your site’s performance in terms of SEO. Reviews will always be an important aspect of any business and are as important as searching for what you need. The same way word of mouth has been useful before the internet was widely used, online reviews are now a vital part of any business and help with online marketing.
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