Online Reviews ROI Calculator
Online customer reviews are a huge asset for your business. 97% of customers read online reviews and have been proven to attribute to a significant increase in sales. However, it's difficult to calculate how effective online reviews can be for your business, until now. We've built a simple tool to help you calculate your potential return on investment from online reviews. We suggest you factor in a 15% - 20% uplift in sales as a result of good online reviews.
Using your previous months sales data, enter in the following:
- Average order value
- Number of orders in the past month
- Your current margin
- The expected improvement (we suggest 15% - 20%)
As you will see, even the slightest increase in sales can justify you spending a little more time and effort on your Google reviews.