ICMediaDirect – Negative Feedback Can Have Direct Fiscal Drain On Companies

ICMediaDirect – Negative Feedback Can Have Direct Fiscal Drain On Companies
ICMediaDirect – Negative Feedback Can Have Direct Fiscal Drain On Companies

Encouraging reviews can evidently expand business, but the analysis further proves that undesirable feedback can have a straight monetary impact on businesses. For instance, 86% of likely consumers said they would think twice about acquiring a product from a firm with negative online assessments. Similarly, an extra star on reviews creates a 5% to 9% average rise in revenue for a business, while just one adverse review could result in a company dropping about 30 customers. ICMediaDirect stresses that getting positive reviews online results in sales.

Read more:  https://finance.yahoo.com/news/icmediadirect-reputation-management-ic-media-031114255.html

Leave a Reply

Your email address will not be published. Required fields are marked *