alatest dmexco 22 sept 2011 - increase conversion with reviews

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Higher conversion with reviews Arie Struik, Founder & CEO alaTest September 2011

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Page 1: alaTest Dmexco 22 Sept 2011 - Increase Conversion with Reviews

Higher conversion with reviews

Arie Struik, Founder & CEOalaTestSeptember 2011

Page 2: alaTest Dmexco 22 Sept 2011 - Increase Conversion with Reviews

Non-conversion

Conversion

The Problem = Conversion 95% of visitors do NOT buy

Page 3: alaTest Dmexco 22 Sept 2011 - Increase Conversion with Reviews

The Beginning….

Page 4: alaTest Dmexco 22 Sept 2011 - Increase Conversion with Reviews

Reviews help consumers to buy products – some stats:

“67% of online consumers leave a website due to a lack of product information.” (Allurent)

“91% seek online advice about products” (BIG research)

“Products with reviews have a 20.4% lower return rate than products without reviews.” (PETCO)

“Reviews not only help conversions but also drive traffic.” (Marketing Sherpa)

70% of online users said they found ratings and reviews the most helpful feature when researching products. (Jupiter Research)

Page 5: alaTest Dmexco 22 Sept 2011 - Increase Conversion with Reviews

Reviews help consumers to buy products – also in Germany:

Page 6: alaTest Dmexco 22 Sept 2011 - Increase Conversion with Reviews

Reviews help consumers to buy products

Page 7: alaTest Dmexco 22 Sept 2011 - Increase Conversion with Reviews

Reviews increase Sales Conversion and Profit

It’s all about growing your sales revenues....

• Increased conversion rates

• Increased average order value

• Lower product return rates…and increasing customer engagement and loyalty

• Reviews build trust

• … enable customers to share experiences

• … and let your customers promote your products

Conversion with no reviews

Conversion with reviews from alaTest

Conversion: +22%

Conversion with no reviews

Conversion with reviews from alaTest

Conversion: +19%

Page 8: alaTest Dmexco 22 Sept 2011 - Increase Conversion with Reviews

“… but my Shop already has product reviews …”

Page 9: alaTest Dmexco 22 Sept 2011 - Increase Conversion with Reviews

Problem 1: Very few or zero reviews

Page 10: alaTest Dmexco 22 Sept 2011 - Increase Conversion with Reviews

”Be the first to write a review!”

Problem 1: Very few reviews

Page 11: alaTest Dmexco 22 Sept 2011 - Increase Conversion with Reviews

Problem 2: Same products, different reviews & ratings

Page 12: alaTest Dmexco 22 Sept 2011 - Increase Conversion with Reviews

Problem 3: Only “average” of ratings = useless

-> Phones ranked by highest rating. Very old phones are “best”

Page 13: alaTest Dmexco 22 Sept 2011 - Increase Conversion with Reviews

Problem 4: No Expert reviews & awards

Without = Bad

With = Good

Page 14: alaTest Dmexco 22 Sept 2011 - Increase Conversion with Reviews

“… so, how can I optimize Reviews

on my Shop?”

Page 15: alaTest Dmexco 22 Sept 2011 - Increase Conversion with Reviews

More conversion with reviews: COMPLETE review solution

Trustworthy analysis = credible product ratings

Same reviews for similar products

Expert and user reviews

Active user review collection

Product Awards

Page 16: alaTest Dmexco 22 Sept 2011 - Increase Conversion with Reviews

Increase your conversion!

Dmexco 2011 Special Offer:

• 495,- per month• Money back guarantee!• Sign up in next 30 Days• Go live within hours

Page 17: alaTest Dmexco 22 Sept 2011 - Increase Conversion with Reviews

Thank you!

International Consumer Services Sweden AB

Gävlegatan 18B, SE-113 30 Stockholm, SwedenTel: +46 8 34 31 15 [email protected]