Friday, September 28, 2012

3 Reasons Why Every Business Needs Product Reviews

For any company that wants to improve service provision and grow in the right direction, reviews on products have to be an important aspect of daily operations. The like it or don?t attitude of days gone by does not work anymore. Consumers have many providers to choose from and so it is your duty as a business owner to show them why you should be their preferred service provider. The customer has secured a place in today?s world as the most important player in any business transaction. Customer satisfaction comes first.

Consumers have the ability to create a chain reaction that starts with them using a particular product, liking or disliking it, expressing their satisfaction or dissatisfaction online and subsequent customers either buying or turning away from the brand. Such a chain of events has serious implications on a business and it is the role of the business owner to make sure that the implications are positive and not negative. The best way to do this is by allowing consumers to air their opinion in the form of reviews and then acting on the recommendations accordingly.

What weight do product reviews carry?

Several surveys have been carried out online and offline to try and find the extent to which a review by a consumer can influence purchasing behavior. Results indicate that many people will first look at the pricing of a service and product provider prior to making a purchase decision but they will inevitably also look at reviews about the product they find most fair priced.

The decision to buy or not is primarily determined by what a customer finds on the company website in the reviews section. There are also sites that specialize in featuring only product reviews and consumers often source for information from such sites. On average, 3-4 negative comments about a product will make the consumer look for an alternative to what they initially considered.

The reception of reviews by businesses has done many companies more good than any other strategy anyone can think of. Negative reviews can be used as turning points to leave from old ways and alter products and services to serve consumers better. Reviews do a lot for businesses and here are three invaluable benefits that any business can gain from honest and impartial reviews on products.

Promote change and product improvement

It is impractical to try and satisfy everyone?s needs as a service provider or business entrepreneur but you can certainly try to meet the needs of the most. While some reviews about your product will be partial and driven by other motives, most of them will be genuine and your clients will be reporting back genuine difficulties they have come across with your product. It may be a problem about difficulty to use the product, mechanical or compatibility problems in the case of software or some other type of problem. Whatever the case is, the company concerned should consider the review as a chance to improve on a product they already have to suit the needs of their clients. Happy clients buy more.

Highlight important sales opportunities

There is no denying that sales teams do a great job creating interest in your product and luring buyers. It is however also true that they may not be able to harness the full potential of the product and as a result under-sell the product. Reviews by customers highlight important aspects of the product that act as selling points. Missed opportunities can be pointed out by users and this can help improve the product or service greatly.

Creating brand awareness and validation

Many companies ignore or worse even block product reviews by consumers from appearing on their websites. Encouraging public participation improves online visibility for the product and brings you even more customers than before.

Know how Product Reviews, can help propel your business towards success. Also find a lot of information about the role of reviews in business.

Source: http://toddsblogs.com/shoppingandproductreviews/2012/09/27/3-reasons-why-every-business-needs-product-reviews/

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