Online reviews and ratings influence shopping behaviour

According to a recent study conducted by Deloitte consumer reviews and recommendations have an increasing impact on the popularity and the revenue of online-shops. The reputation of a retailer is what online shoppers take into account most when making a purchase online. Find out more about the developments in online marketing and the integration of a buyer feedback system in the following article.

Online customer reviews and ratings have a significant influence on the shopping behaviour of consumers buying online.

According to the Deloitte study more than half of all U.S. consumers and 69% of Millennials say that reviews and ratings by other consumers influence their buying decisions more than any other type of online advertising. As a result of the study 51% of the respondents said they had purchased products based on an online recommendation, and 24% said they would like to have an online service that recommends products based on consumers’ recommendations.

An ecommerce persuasion poll, carried out by user experience consultancy, Webcredible, revealed that almost one third (28 per cent) of online shoppers are most likely to be persuaded to make an online purchase by the reputation of the retailer.

Only 50 % of the eretailers use customer reviews

Still, though, only 50% of online retailers use customer reviews on their sites, according to Forrester Research. Those who don’t likely fear what their customers might say. They shouldn’t, according to Forrester, which also found that 25% of online shoppers report that they are unlikely to purchase a product after reading negative reviews, and most don’t take those reviews seriously.
But there is another reason why retailers should consider integrating a system into their online-shops that gives their customers the opportunity to share their service experiences: It can increase their creditability with their customer base overall.

Honest and impartial reviews written by real people enable consumers to choose the right shop for a product or a service and to buy with more confidence.

The Trusted Shops buyer feedback service

In addition to the well known trustmark Trusted Shops is offering a review and rating service where online buyers can provide feedback on transactions, rate online shops in a structured way and leave comments, provided they registered for a Trusted Shops guarantee at checkout.

Shopkeepers can use these unbiased buyer feedbacks to learn what customers liked and disliked, identify potential issues and use these insights to improve the shopping experience.

Click here to learn more about the Buyer Feedbacks by Trusted Shops.