abtoi - the power of customer reviews

35
The Power of Customer Reviews Ben Clarke-Smith Head of Customer Success

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Page 1: ABTOI - The Power of Customer Reviews

The Power of Customer ReviewsBen Clarke-SmithHead of Customer Success

Page 2: ABTOI - The Power of Customer Reviews

are you

listening comfortably?

Page 3: ABTOI - The Power of Customer Reviews

Trusted conversations

Complete coverage

No lengthy questionnaires

At the right time

To the right people

Page 4: ABTOI - The Power of Customer Reviews

Reviews influence 89% of purchasing decisions

Source: BrightLocal Consumer Report

Page 5: ABTOI - The Power of Customer Reviews

Customer feedback

has changed

Page 6: ABTOI - The Power of Customer Reviews

Online or instore

Desktop, mobile or tablet

Text, pictures and video

24hrs a day, 7 days a week

Categorised

Quantified

100% verified

Page 7: ABTOI - The Power of Customer Reviews

95% of unhappy customers would return

Source: National Association of Retail Marketing

Page 8: ABTOI - The Power of Customer Reviews

Clarity of insight

Page 9: ABTOI - The Power of Customer Reviews

Actionable insights

Automated reporting

One to one

One to many

Trend analysis

Customer profiling

Understanding

Page 10: ABTOI - The Power of Customer Reviews

72% say positive reviews increase trust

Source: BrightLocal Consumer Report

Page 11: ABTOI - The Power of Customer Reviews

It’s simple to get trust:

1. Guarantee reviews are from

genuine customers

2. Do not moderate!

Page 12: ABTOI - The Power of Customer Reviews

Consumers spend four times as long on

site when they interact with bad reviews.

Page 13: ABTOI - The Power of Customer Reviews

67% They convert

More highly than the

average consumer.

Page 14: ABTOI - The Power of Customer Reviews

68% trust feedback more

when they see good

and bad scores

Source: eConsultancy

Page 15: ABTOI - The Power of Customer Reviews

30% Suspect censorship when they don’t see bad

scores

Source: eConsultancy

Page 16: ABTOI - The Power of Customer Reviews

Only 5% say they

won’t buy a

product with bad

reviews

Page 17: ABTOI - The Power of Customer Reviews

CRO Benefits

A product with a one

star review

Has 110% more

chance of selling,

compared to a product

with no reviewsSource: Google

Page 18: ABTOI - The Power of Customer Reviews

What to do with all that feedback…

Using Customer

Reviews…Drive Traffic – Increase Conversions – Gain Insights

Page 19: ABTOI - The Power of Customer Reviews

Companies spend

billions on reputation

management

and growing their brand...

…When they could

be using their

customers to do their

work for them!

Page 20: ABTOI - The Power of Customer Reviews

PPC Benefits

Adding seller ratings to a search ad

boosts CTR by an average of

17%Source: Google AdWords blog

Page 21: ABTOI - The Power of Customer Reviews

Product page reviews – increase sales – enhance SEO

Page 22: ABTOI - The Power of Customer Reviews

(175 reviews)Increase in conversions,

just by placing scores

next to ‘Buy Now’

6%Source: Feefo

CRO Benefits

Page 23: ABTOI - The Power of Customer Reviews

Integrate reviews on social pages

Integrate reviews

directly on social

media.

Links to product

pages.

Page 24: ABTOI - The Power of Customer Reviews

• Actionable insights

• Integrate learnings

throughout your

business

• Reward success

Page 25: ABTOI - The Power of Customer Reviews

Review quantity - The more reviews the bigger the ROI

Page 26: ABTOI - The Power of Customer Reviews

Don’t forget store reviews

• 85% of consumers investigate your business online before they visit.

• 57% read about you whilst they’reactually there.

Page 27: ABTOI - The Power of Customer Reviews

Feedback from

Merchants estimate

each new customer

in their database is

worth an extra £5 in

annual sales

Not to mention the

business

intelligence.

Page 28: ABTOI - The Power of Customer Reviews

The future of reviews…

Page 29: ABTOI - The Power of Customer Reviews

Visuals are processed 60,000 x

faster in the brain than text.

90% of information transmitted to the

brain is visual.

Page 30: ABTOI - The Power of Customer Reviews

video now appears in 70% of the top

100 search results listings

Most Trusted Reviews

Page 31: ABTOI - The Power of Customer Reviews

85% Of customers are more likely to purchase

after watching a product video.

Page 32: ABTOI - The Power of Customer Reviews
Page 33: ABTOI - The Power of Customer Reviews

User Generated Content videos get

10 x more views than brand-owned

content.

Page 35: ABTOI - The Power of Customer Reviews

Ben Clarke-Smith

Head of Customer Success

[email protected]