RatePoint: Reviews on websites increase traffic, trust and sales
Many consumers have their purchasing decisions affected by reviews they read online and online small businesses are seeing significant returns as a result of adding reviews to their websites.
A new survey from RatePoint found that, of the 30% of online retailers who featured product reviews on their website, 43% experienced more sales and 28% said they had received more traffic.
However, many online retailers are afraid to add reviews due to fears that they will do more harm than good to their reputation. Past research has found they have little to fear. On the whole, consumers are driven to post reviews by a sense of goodwill or altruism and savvy consumers that research and compare products online are able to sift through positive and negative reviews to reach their own conclusions.