87% of people read reviews when considering a purchase and 79% trust them as much as they would a personal recommendation (Forbes). As we know here at Locomotive, people trust real people when it comes to advertisements and brand recommendations. It’s part of the reason we truly believe in what our company does. But do customer reviews actually correlate to increase or decreased revenue? Do the reviews actually impact the business coming in?
The Importance of Customer Satisfaction
Statistics show that 59% of customers will leave a company after several poor experiences and 17% after just one according to PwC. I know I have done this and you’re probably saying to yourself right now that you have too. The top reasons for customer dissatisfaction are quality issues, pricing problems, poor customer service, failure to meet implied expectations and usability complications. Don’t be that person. Listen to your customer’s wants and needs.
