Customer reviews influence the purchase decisions of a potential consumer to a very large extent. Validation and confirmation of a decision is a human need, which psychologists describe as social proof. When a customer is at the 3rd level of the purchase decision process i.e. evaluation of alternatives; customer reviews about a company’s offering can sway a consumers’ decision to either side. A “Think with Google” consumer report, analyzing a traveler’s road to decision making, states that 36 % of leisure travelers and 42 % of business travelers are influenced by travel reviews.
GetFriday’s study was conducted on the basis of over 3000 customer interactions for vacation rentals and has thrown some light on some prevalent and interesting facts. It has been known for a while that positive customer reviews can tilt a potential guests’ decision in your favor. But the extent to which it influences the swing is largely unknown to individual vacation property owners. So here are our insights based on this survey.
