Most of us can remember when we decided NOT to buy something based on negative reviews. It works both ways.
Online reviews have become the new go-to on social and they have tremendous power when it comes to influencing decision-making behaviours. Research shows that over half of all consumers are likely to seek out additional information, and that online reviews matter most before buying products and services.
If your business reviews don’t currently have 5 stars and you’ve received a number of disappointing reviews, here are some tips.
For each negative review that has been posted, you should:
Further research shows that 50 percent of buyers will forgive the actions that caused them to post the bad review if the situation is resolved properly.
It is possible to create a positive impact with a large portion of disgruntled buyers, making even bad reviews positive in the end.
In addition to being able to identify and correct what went wrong in the first place, bad customer reviews give you insight into the outside perception of the company. Negative reviews can be helpful to reveal what needs improving, whether employees are doing a good job, and how to strengthen a strained relationship.
So, paying attention to customer reviews and dealing with them in the correct way can help to improve the number of positive reviews in the end, as well as manage expectations. Never underestimate the power of turning a negative into a positive.
If you’d like to improve your company’s financial performance, or don’t feel you’re getting enough support from your current accountant, book your free discovery call with us today.
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