Reviews · Meta-analysis of empirical studies
How Online Product Reviews Affect Retail Sales: A Meta-analysis
Journal of Retailing · 2014
Summary
Review valence and volume were positively related to sales elasticities.
For your marketing
Possible founder application
Use as evidence that review volume and valence can matter while designing review and reputation programs. For SaaS, monitor independent review sources and test whether reviews influence qualified pipeline or conversion.
Reported result
What the study found
Review valence and volume were positively related to sales elasticities. The reported relationships were stronger on third-party sites, when critic reviews were included, and for higher-involvement products.
Research question
What the authors investigated
How are review valence and volume related to retail sales, and which settings moderate those relationships?
Design
Meta-analysis of 26 empirical studies producing 443 sales elasticities.
Sample and setting
Published studies of online product reviews and retail sales across different products, review sites, reviewer types, and use situations.
Scope and transfer
Limitations to keep in view
The evidence base is retail/product focused and consists of empirical studies available by 2014. Pooled associations do not guarantee causal effects or SaaS-specific magnitudes.
Research sources
ScienceDirect publisher abstract and highlights inspected with Firecrawl; the publisher reports 26 studies and 443 elasticities.