How do product ratings affect sales?
An example of an AI chatbot conversation about the impact of product ratings on sales.
How do product ratings affect sales?
Product ratings significantly influence consumer purchasing decisions. Higher ratings often lead to increased sales.
Can you explain why higher ratings lead to more sales?
Higher ratings build trust and credibility, making customers more likely to choose a product over competitors.
Are there any statistics on this?
Yes, studies show that products with a 4-star rating can see a 20% increase in sales compared to those with lower ratings.
What about negative ratings?
Negative ratings can deter potential buyers, leading to a significant drop in sales, especially if the rating is below 3 stars.
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