Social Proof
What is Social Proof? Well, social proof is a method of marketing, in which a business displays proof of customer purchase or satisfaction, in order to increase conversion. There are many methods under the social proof umbrella including but not limited to:
Reviews or Testimonials
Influencers and Endorsement
Sharing User Generated Content
Social Media Verification
Highlighting Well-Known Clients
Social proof is very important to business, as 83% of consumers recommend brands that they follow on social media, and 95% of consumers read online reviews of a product or service before deciding to make a purchase.
But why does social proof work? Social proof works due to the psychological comfort we get by knowing that others have bought the product or service before us. There are many types of influencers that impact our comfort in different ways. Firstly, there is expert proof, in which an expert working in your industry recommends your product. This proof is a powerful persuader, as the main characteristic of this endorsement is that they are an “expert”, therefore their recommendation makes the consumer feel most well informed, and confident in their decision. There is also celebrity or influencer proof, which is persuasive, and people have a strong desire to copy celebrity behaviour in order to emulate their lifestyle. However, there are more down-to-Earth examples, including users/crowd proof, which demonstrates strong power to influence, as a large group of consumers are recommending the product or service, therefore the recommendation on such a large scale satisfies the consumer in knowing that the product is a safe choice.
In short, social proof works, because it eliminates the uncertainty of buying unknown products or using unknown brands, therefore instilling confidence in the consumer about your business.
Now you know examples of social proof, and understand why it works, so let's talk about how to accumulate social proof. There are a few very simple ways for you to get reviews or testimonials from consumers, these include asking consumers to review your products, after their purchase. Follow up the product delivery with an email checking in with the customer, thanking them for their purchase, and asking them to review the product. Sometimes, customers just need a nudge in the right direction. Next, is to provide incentives to customers for reviewing products. It may be that they are entered into a content, or earn loyalty points, whatever works for your business. But incentivising people to review (positive or negative) will dramatically increase the number of reviews your products get.
Now you have also learned how to increase the number of reviews that your business receives. All you have to do is show them off! Combine customer reviews with one or two other methods of social proof, and your business will be trusted in no time.
Comeback next week for more psychological marketing. If you enjoyed this blog, please share and comment. And finally, for more content and updates, please follow me on social media.
-- From Marketing to Mind --
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