April 30, 2024
CHICAGO – April 30, 2024 – PowerReviews, a 1WorldSync company, has released its 2024 Q&A Confidence and Conversion Rate report, featuring insights from nearly 16,000 US consumers. The report reveals how consumers interact with brands’ and retailers’ product page Q&A, why consumers value the content and how Q&A responses influence purchase behavior.
Brands and retailers are increasingly adding Q&A sections to their product pages, where shoppers can read existing questions, pose their own and answer questions from other consumers. Nearly 74% of online shoppers read Q&A sections regularly, while only 5% occasionally or never review the content. Most consumers (67%) have submitted product questions, and a nearly equal amount (66%) have provided an answer.
Consumers rely on Q&A as a supplemental resource to user-generated ratings and reviews. Both sources of user-generated content (UGC) increase confidence and boost conversions throughout the purchase journey, with 97% of consumers who read Q&A saying they do so in addition to reading ratings and reviews.
The survey found that balancing user-generated and brand-provided content on product detail pages is key. Though product descriptions are valuable and informative, Q&A responses provide additional insights that 49% of shoppers find more authentic than brand-created information.
When reviewing Q&A sections, consumers are looking to:
“Many shoppers encounter questions that stand in the way of fully committing to a purchase decision. While brands do their best to answer some of these in product descriptions or by showcasing customer reviews, other questions are more specific and require insights from those who have experienced the product in a real-life setting,” said Steve Sivitter, CEO of 1WorldSync. “It’s clear that today’s consumers want easy access to more high-quality, trusted information, and Q&A is becoming an increasingly essential aspect of well-orchestrated product content.”
Other key report findings include:
View the full report here: powerreviews.com/research/how-qa-boosts-shoppers-confidence-and-conversion-rates/
To learn more about 1WorldSync’s Product Content Orchestration solutions please visit www.1worldsync.com.
###
About the Report
The How Q&A Boosts Shoppers’ Confidence and Conversion Rates report is based on a survey completed by 15,870 consumers in the US in December 2023.
About 1WorldSync
1WorldSync® is the leader in Product Content Orchestration, enabling more than 17,000 companies in over 60 countries to simplify the creation and distribution of impactful content that’s accurate, consistent and relevant everywhere commerce happens. Through its technology platform and expert services, 1WorldSync—backed by global investment firm Battery Ventures—solves revenue-impacting product content challenges faced by leading brands and retailers in the CPG/retail, DIY, consumer electronics, healthcare and foodservice industries. 1WorldSync is one of the only product content providers and GDSN Data Pools to achieve ISO Certification 27001.
Media Contact
Tori Klimczak
BLASTmedia for 1WorldSync