Around 1,000 companies and shoppers were surveyed. Some findings:
- Shoppers were three times more likely to become repeat customers after a positive experience, compared to those that had a negative, or even a neutral experience.
- They were four times more likely to recommend a company after a positive experience.
Tom Sweeny, Principal and Co-founder of ServiceXRG sums the issue up nicely saying, "The onus for delivering a positive experience now lies with the tools and content offered, and their relevance in helping customers achieve their objectives. With competitors just a Google search away, consumers must have easily accessible, quality information at their fingertips."
Other studies have suggested that online reviews are also critical to conversions. The average is 3-4 reviews before a customer feels comfortable purchasing.