RSS feed Get our RSS feed

News by Topic

BizReport : Ecommerce archives : September 02, 2010

The persuasive power of product reviews

Channel Advisor's latest Consumer Shopping Habits Survey shows just how important a role customer reviews have to play in a consumer's online shopping experience.

by Helen Leggatt

channel advisor logo.jpgEvery year, consumers use the Internet to research and purchase gifts for the holiday season. According to Channel Advisor, this year is no different with over half (58%) of those surveyed planning to buy gifts online.

Search engines (59%) and marketplaces (28%) play a large role in the search for ideas, but there's another force at play - reviews. If Channel Advisor's figures are anything to go by reviews are immensely important in the decision buying process.

They found that 92% of consumers said they read online product reviews and that, of those readers, a whopping 83% were influenced by them. However, not all responses were positive with around half influenced to purchase based upon reviews, and just over 40% deterred from purchasing. Just 3% said their decision was unaffected by reviews they read.

Recent research by strategy and communications agency Cone appears to back up the Channel Advisor findings. Cone found that recommendations and advice from family and friends no longer puts the seal of approval on a person's decision to buy a product or service. Instead, over half (55%) turn to the advice of a stranger via online user reviews.

Tags: e-commerce, holiday shoppers, online shopping, product reviews

Subscribe to BizReport

  • When you're ready to go, shut off the phones and start recording (it's also a good idea to have a script in front of you). Record your tape in less than 60 minutes. Play it to your friends, make any changes you think might be worthwhile based on their advice. When you're happy with the final product, create some duplicates (or get someone to do it for you) and then start selling your product on the Internet - It's that easy!

  • Thanks for a very informative article. However, most of the small business owners I talk to ignore online reviews of their products and services. If they find that they've collected a negative review, they don't seem to think that the poor review will turn away new business. Thanks for helping to correct this misperception!



Copyright © 1999- BizReport. All rights reserved.
Republication or redistribution of BizReport content is expressly prohibited without the prior written consent.
BizReport shall not be liable for any errors in the content, or for any actions taken in reliance thereon.