Feedback Rebates Store

What is a Feedback Rebate?

Rebate you can redeem by leaving an honest review.

  1. Buy a Product
  2. Leave a Review
  3. Get a Refund 

 

Customers save money, businesses get reviews, everyone wins! It's honest, easy, and practically free!

 

According to the recent UC Berkeley study: 

Feedback Rebates generate Unbiased reviews and increase sales by 30%! 

 “Our main findings are first, that RFF (rebate for review) feature is chosen by higher quality sellers, implying that it can serve as a signal of quality. Second, sales of an item are about 30% higher when the seller chooses the rebate option, suggesting that buyers understand the signaling effect of the RFF feature and act on it. Third, RFF induces buyers to write more detailed feedback but does not bias the feedback toward positive feedback.”

By Lingfang (Ivy) Li, Steven Tadelis and Xiaolan Zhou Buying Reputation as a Signal of Quality: Evidence from an Online Marketplace

For more, check out this Bloomberg article about Feedback Rebates and their effects. 

Feedback Rebate...

Feedback Rebate...

A fair an honest way to get customer reviews fast.

learn more...

Features

  • Rebates...

    Customers buy when they see a good deal.

  • Reviews...

    Customers buy if they know that other customers liked the product.

  • Engagement...

    Customers buy if they know the story behind the product and the people who made it.

Virthium - The Reputation Network

We are an independent network dedicated to making online reputation fair and accessible. Join us!

FAQ

What about fake reviews?

We send customers a unique review link for each rebate. Without this link no one can leave a review. That’s right, there is no review-form for just anyone to fill out. People have to actually buy products and verify their purchases to leave reviews.

Are these reviews biased?

Customers are not getting Feedback Rebates for leaving reviews, they are getting them for buying the products. There are no incentives or special favors for leaving a positive review; therefore, there is no bias. A large research study also confirms this fact (see: http://faculty.haas.berkeley.edu/stadelis/Taobao.pdf)

How much does it cost?

We charge businesses a 25% transaction fee of the feedback rebate per review. If you are already offering discounts to your customers and decide to switch to Feedback Rebates instead, even with the 25% transaction fee, your reviews will likely cost you very little if anything at all. In fact, anything less than 80% response rate (8 out of 10 customers leaving reviews) will actually save you money. This is because you either get a review or sell at a full price.

What if I get a bad review?

Dissatisfied customers are usually the ones who have a legitimate reason to leave a review. We believe the problem is not the presence of bad reviews but the absence of good ones. With Feedback Rebates, your satisfied customers, which hopefully is the majority, will finally have a reason to leave reviews too. This means that, if you run a genuinely good business, a Feedback Rebate is probably the safest option you have when it comes to reviews.

Can I see how it works?

We created this store for that very reason. Check out the product pages and collections to see what it looks like to have feedback rebates installed on your site.

Where can I find more information?

Please visit virthium.com/feedback_rebates for more information about Virthium and Feedback Rebates.

Buy Feedback Rebate Demo

$5.00

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