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74% Of Regional Companies Have At A Minimum, 1 Google Review
One review is far from adequate to enhance your website's SERP ranking.
Taking a look at online scores data, we found out that a company requires to have an average of 40 reviews before clients "Award" it with a star.
Source: Brightlocal
Online Product Reviews About An Item Can Raise Its Conversion Rate By More Than 270%
User review statistics reveal the purchase likelihood for a product with five reviews is 270 percent higher than the same product without reviews.
Source: Spiegel Research Center
30% Of Customers Feel Favorable To A Business Which Answers Online Reviews
Communicating with your clients creates trust. Even something like responding to their reviews and remarks can make them feel appreciated.
As you may expect, clients who feel this way are happy to invest more cash with a company.
Source: Statuslabs
Reviews Published On Twitter Can Help Increase Sales By 6.46 Percent
Online review stats show that reviews shared on Twitter, do more to grow sales than those on any other social media platform.
Source: Yotpo
70 Percent Of Consumers Prefer To Find Out About A Business Through Posts And Reviews, Rather Than Advertisements
Ads are all well and good, however it's worth attempting a different approach as well. Reviews are without a doubt the very best method to discover the truth about a service or product.
Source: Statuslabs
More Than Half Of Consumers Will Not Utilize A Business If It Has Less Than A 4 Star Rating
This stat is one of many that illustrate the value of online scores. Now that news of customer satisfaction travels this fast, keeping your customers happy is more vital than ever.
57% of customers have searched for companies with more than four stars in 2018, which is up from 48 percent in 2017.
Additionally, 11% looked just for organizations with an ideal five star rating.
Source: Brightlocal
More Than 4 Negative Reviews About A Business Or Product Might Reduce Sales By 70 Percent
One negative review suffices for 35% of a site's visitors to choose not to purchase. Three negative reviews can cost a business 59% fewer sales.
Naturally, they can be compensated by the sheer variety of positive reviews you get.
"It takes many good deeds to build a good reputation, and only one bad one to lose it." -Benjamin Franklin
Source: Martech Zone
Online Reviews Impact 67.7% Of Customer Purchasing Decisions
More than two-thirds of consumers concur online reviews are either a "Fairly decisive", "Very decisive", or "Absolutely decisive" part of their decision making experience.
Source: Moz
53% Of Customers Anticipate Companies To Reply Within A Week To Negative Reviews
Online review stats show that 63% of client reviews remain without a reply. That's regrettable, because those companies are losing consumers that way.
Source: Review Trackers
When Buying Home Electronics, 88% Of Americans Claimed That Product Reviews Were The Most Influential Aspect
Data reveal that reviews were more successful than Television ads at 37%, social networks at 23% and display advertisements at 49%.
Source: Statista
Reviews Are The Most Crucial Part Of The Purchase Choice For Over 90% Of United States Consumers
24% of US shoppers consider reviews as 'very influential'.
To highlight the significance of online reviews and rankings, did you know that 81 percent of customers will pay more for an item with reviews and those very same clients are likewise willing to accept slower shipping times for such items.
Source: Turntonetworks