Are online reviews important, and should you respond to them?
It used to be that personal recommendations solidified decisions, but in today’s fast-moving digital orbit, news about your company travels differently, and online reviews—think Yelp, Google and Facebook—are a primary source of feedback.
In fact, a recent survey conducted by Pew Research Center concluded that 78 percent of Internet users conduct research online and believe reviews are the most credible form of advertising.
A 2018 Local Consumer Review Survey conducted by Brightlocal.com reported that 85 percent of consumers trust online reviews as much as personal recommendations and that 57 percent of consumers will only use a business if it’s rated four stars or higher.
Suffice it to say that online reviews are remarkably influential.
Not everyone responds to reviews, but there are several reasons why you should (even if they’re negative), including the fact that replying to feedback shows that you’re paying attention to your clients and customers, you’re not afraid of transparency and your business is all about building relationships.
The goal is to convert fans of your business into super-fans and offer disappointed reviewers an acceptable resolution, which often leads to a revised review or inspiration to remove a negative one. While there are multiple ways to respond to reviews – the positive and the negative – follow these tips to put the face of your business in the best light.
Be pleasant and don’t hurl insults: When a client or consumer is frustrated, they’re ready to fight. The last thing your business wants to do is fuel the fire or burn bridges, so when you’re responding to negative reviews, take a deep breath, be courteous and polite and provide solutions when feasible.
A little sympathy goes a long way in defusing an unpleasant situation. If you sense that the dialogue is taking a turn for the worse, suggest settling the matter offline, far away from judgmental public eyes.
Keep your responses short and to the point: Social media users are looking to digest information quickly. If they want to read a novel, they’ll grab their Kindle or head to the bookstore. Keep your responses brief and genuine and stay on topic.
Thank those who post positive reviews: While handwritten “thank you” notes are, sadly, a thing of the past, clicking the “Like” button on a positive Facebook comment takes a second. Literally. Typing “Thank you for the kind words!” takes four seconds – five if your typing skills need work.
You don’t have to thank every single person, but if someone takes the time to write a favorable review, it’s a good idea to show your appreciation.
Don’t be a salesperson: When a user writes a review, it’s usually proof that they’ve already interacted with your business, so there’s no need to tell them what they already know.
If you have something new to share about your business, it’s fine to share, but make sure the content isn’t spammy or irrelevant.
Let clients and customers know that you loved working with them: Want to turn a customer or client into repeat customers or clients? If they post a glowing review, let them know how much you enjoyed working with them – and you’d welcome the opportunity to do so again.
If you want people to continue to work with your business, you need to let them know that you’re the kind of business that welcomes them back.
Mortgage rates continue to fall, but homebuyers aren’t impressed, writes Diane Olick, real estate reporter for CNBC.com.
Mortgage applications to purchase a home fell 2 percent in the last week in May and were barely 0.5 percent higher than a year ago, she notes.
And despite rates that are the lowest they’ve been in a year and a half, “High prices continue to sideline buyers, especially first-time buyers, who are a growing segment of the market.