Here are several case studies demonstrating how businesses have increased revenue by obtaining more 5-star reviews:
Yelp's Impact on Independent Restaurants
A Harvard Business School study found that a one-star increase in a restaurant's Yelp rating leads to a 5-9% increase in revenue for independent restaurants.
https://www.hbs.edu/ris/Publication%20Files/12-016_a7e4a5a2-03f9-490d-b093-8f951238dba2.pdf?
A Harvard Business School study found that a one-star increase in a restaurant's Yelp rating leads to a 5-9% increase in revenue for independent restaurants.
https://www.hbs.edu/ris/Publication%20Files/12-016_a7e4a5a2-03f9-490d-b093-8f951238dba2.pdf?
Amazon Product Reviews and Sales
Research indicates that products with higher ratings (4 or 5 stars) significantly impact sales.
Even a 0.2-star increase can result in over 2.5 times more sales.
https://biltapp.com/news/a-5-star-experience-do-higher-product-ratings-lead-to-higher-sales/
Research indicates that products with higher ratings (4 or 5 stars) significantly impact sales.
Even a 0.2-star increase can result in over 2.5 times more sales.
https://biltapp.com/news/a-5-star-experience-do-higher-product-ratings-lead-to-higher-sales/
Yotpo's Influence on Aviator Nation
Aviator Nation utilized Yotpo's platform to enhance customer reviews, leading to a 31% increase in revenue and a 34% boost in email open rates.
https://www.yotpo.com/case-studies/
Zurvia's Findings on Review Volume
Zurvia's research indicates that businesses with 200 or more reviews earn nearly twice as much revenue as those with fewer reviews
https://www.zurvia.com/case-studies
Banch Marketing's Success with KenzKustomz
KenzKustomz experienced a 43% revenue increase and a 15.6X return on ad spend after focusing on obtaining 5-star reviews.
https://banchmarketing.com/case-studies