The Importance Of Social Proof For Conversion Rate
Social proof has been termed the new marketing and is becoming increasingly more important for conversions on the web. In his book, Influence: The Psychology of Persuasion, Dr. Robert Cialdini describes social proof as “the tendency to see an action as more appropriate when others are doing it.” Additionally, Dr. Cialdini claims social proof is more powerful when we’re uncertain what to do, which can be an especially powerful tool for new startups, as their offering is largely untested.
People tend to believe they are making the right choice, when others who are similar to them have made that same choice.
Social proof is essentially a tool that lets your customers build trust in your offerings. You do not spend a lot of time on gimmicks and campaigns many customers see through, rather you let them believe what others have to say about you.
Creating social proof on the web
So how do you create social proof? The following are some of the most common ways to create social proof that can help your customers trust your offering more and ultimately turn into conversions, whether it is purchases or app downloads.
1. Testimonials
Testimonials are very powerful, as their value is in their objectivity. People tend to believe them because someone outside of the company is talking about the product or service, which gives this opinion higher assumed credibility. If you want to make the testimonials even more impactful, include real attributions (name, location, job position, company name/logotype) and photos (avoid using stock images) so that the person can actually imagine the one making the testimonial.
Example of testimonials, used in answerforce.com redesign by PLATFORM
Recently, we have seen an increased use of video testimonials and there is a great reason for their use as they feel even more authentic.
2. List of people/companies similar to your target group
Including a list of other companies using your product or service or other people who use your service answers another question for the customers, which is - "Is this something I can identify with?". The answer is “Yes”. Showing a list of companies or number of individuals who have chosen YOU is very powerful, especially the moment some widely recognized brands or celebrities endorse you.
3. Ratings and reviews
Ratings and reviews are often combined with testimonials, but it is important to recognize them as another source of social proof. Especially for products, one is buying online and for the first time, ratings are very powerful at signaling quality. The same way, ratings can signal quality for services, such as restaurants or places to vacation.
When was the last time you chose to go to a restaurant with a two-star rating over one with a 4.5 average star rating? Chances are never!
Some studies support the notion of the importance of including reviews, indicating that up to 70% of customers look at product reviews before making a purchase and product reviews have been shown to be 12x more trusted than product descriptions from manufacturers.
4. Influencer Endorsements
If available, an endorsement from an influential endorser can turn your customers into believers overnight. The more widely known the endorser, the more powerful the social proof will be at converting your customers. If your business has ever received ...
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