How Online Reviews Can Boost Your Conversion Rate by 92%

Published on 7 August 2023 at 08:36

Online reviews are one of the most powerful and influential forms of marketing in the digital age. They can help you attract more customers, increase your sales, and grow your business. In fact, according to a recent study, 92% of B2B customers are more likely to purchase a service after reading a review from a trusted source. And 72% of consumers don’t make a purchase decision before reading reviews first.

But how can you use online reviews as a marketing tool for your business? How can you leverage the feedback and opinions of your existing customers to persuade and convince your potential customers? And how can you optimize your online presence and reputation with online reviews?

In this article, we will show you how to use online reviews as a powerful marketing tool that can increase your conversion rate, improve your online reputation, and grow your business. We will also share some tips and best practices on how to collect, display, and manage online reviews effectively.

What is Review Marketing?

Review marketing is a type of content marketing that uses customer reviews as a source of information and persuasion for potential customers. It aims to showcase the benefits and value of a product or service, as well as the credibility and trustworthiness of the brand, by highlighting the positive feedback and experiences of existing customers.

Review marketing can take various forms.

  • Testimonials: These are short and specific statements from customers that express their satisfaction and appreciation for a product or service. They usually focus on one or two aspects or features that the customer liked or benefited from.
  • Case studies: These are detailed and in-depth stories from customers that describe their problem or need, how they found and used a product or service, and what results or outcomes they achieved. They usually include data, metrics, or evidence that demonstrate the impact or value of the product or service.
  • Videos: These are visual and audio representations of customer reviews that can capture the emotions and expressions of the customers more effectively. They can also show the product or service in action, or provide a demonstration or tutorial on how to use it.
  • Images: These are graphical or pictorial representations of customer reviews that can attract more attention and engagement. They can also show the product or service in a realistic or creative way, or provide a comparison or contrast with other products or services.

Why is Review Marketing Important?

Review marketing is important for both businesses and customers alike, as it provides valuable feedback and information that can influence purchase decisions. Here are some of the benefits and advantages of review marketing:

  • It builds trust and credibility: Online reviews can help you establish your reputation and authority in your industry or niche. They can also help you showcase your expertise and quality, as well as your customer satisfaction and loyalty. By displaying positive reviews from real and verified customers, you can increase your trustworthiness and reliability among potential customers.
  • It increases customer satisfaction and loyalty: Online reviews can help you improve your products or services, as well as your customer service and support. By collecting feedback from your customers, you can identify their needs, preferences, expectations, and pain points. You can also use their suggestions, complaints, or compliments to enhance your offerings or processes. By doing so, you can increase your customer satisfaction and retention, as well as encourage repeat purchases and referrals.
  • It generates word-of-mouth referrals: Online reviews can help you spread the word about your products or services, as well as your brand. By displaying positive reviews from happy and satisfied customers, you can attract more attention and interest from potential customers. You can also use social media platforms to share your reviews with a wider audience, or use influencers or advocates to promote your products or services with their followers.
  • It improves SEO rankings: Online reviews can help you rank higher on search engines, such as Google or Bing. By collecting more reviews from your customers, you can increase the quantity and quality of content on your website or landing pages. You can also use relevant keywords that match the search queries of your potential customers. By doing so, you can improve your visibility and traffic on search engines, as well as drive more organic leads to your website.
  • It optimizes website design: Online reviews can help you optimize your website design, layout, and functionality. By displaying reviews in strategic places on your website or landing pages, such as near the call to action buttons, product images, or pricing tables, you can increase the conversion rate of your website visitors. You can also use widgets, badges, banners, or pop-ups to showcase your reviews in an appealing and engaging way.

How to Use Review Marketing Effectively?

Review marketing is not just about collecting and displaying online reviews from your customers. It is also about managing and using them effectively to achieve your marketing goals and objectives. Here are some tips and best practices on how to use review marketing effectively:

  • Choose an independent and trustworthy review platform: To collect and display online reviews from your customers, you need to use a reliable and reputable review platform that allows anyone to leave a review. This will increase your transparency and credibility, as well as encourage more customers to write reviews. Some examples of reliable review platforms are Google, Facebook, Tripadvisor, Kiyoh, Reviewclub, Beslist.nl, Trustpilot, and Kieskeurig.
  • Automate your review invitations: To get a steady stream of online reviews from your customers, you need to automate your review requests and reminders. You can use your CRM system or webshop to send review invitations after a purchase or a service. Make sure to explain why reviews are important for you and how they can help you improve your products or services. You can also offer incentives or rewards for writing reviews, such as discounts, coupons, or freebies.
  • Make the review process easy and convenient: To make your customers write online reviews for you, you need to make the review process as easy and convenient as possible. Don’t ask too many questions or require too much information. Use simple and clear language and provide rating scales or multiple-choice options. You can also use different channels to reach your customers, such as email, SMS, social media, or QR codes.
  • Display your reviews in the right places: To make your online reviews visible and accessible to your potential customers, you need to display them in the right places on your website or landing pages. You can use widgets, badges, banners, or pop-ups to showcase your reviews in an appealing and engaging way. You can also use testimonials, case studies, or videos to highlight your customer success stories. Don’t forget to share your reviews on social media and other platforms where your target audience is active.
  • Respond to your reviews promptly and professionally: To manage your online reputation and relationship with your customers, you need to respond to your online reviews promptly and professionally. You should thank your customers for their positive reviews and express your appreciation for their feedback. You should also apologize for any negative reviews and offer solutions or compensations for their problems or issues. You should also invite them to contact you directly for further assistance or discussion.

Conclusion

Online reviews are a powerful and effective marketing tool that can help you increase your conversion rate, improve your online reputation, and grow your business. By collecting, displaying, and managing online reviews from your customers, you can showcase the benefits and value of your products or services, as well as the credibility and trustworthiness of your brand.

If you want to learn more about how to use online reviews as a marketing tool for your business, please visit our website or contact us today. We can help you set up and optimize your review marketing strategy and campaign. We can also help you create engaging and persuasive content that can turn customer feedback into sales.

Thank you for reading this article. We hope you found it useful and interesting. Please leave us a review and let us know what you think about our products or services. We appreciate your feedback and support! 😊