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A Lone Business Review Can Lift Its Conversions By 10 Percent
Online review statistics reveal user-generated content can do miracles in terms of conversions.
A single review can have a huge influence on your business.
A hundred reviews can boost your conversion rates by as much as 37%. 2 hundred can supply an astonishing 44% increase.
Source: RevLocal
Customers Could Invest 31% More With A Business That Has Terrific Reviews
Focus on this fact. The better other users explain your product or service, the more money you can charge and consumer review statistics reveal to us exactly just how much more.
Source: Martech Zone
73% Of Consumers Believe Customer Reviews Are More Important Than Star And Number Rankings
Online review data make it clear individuals aren't pleased with ratings alone.
Consumer reviews make the stats appear more authentic which is what the potential customers are looking for. Nearly a 3rd of consumers say composed reviews are the only function that makes them believe the sites' reviews are useful and appropriate.
Source: Fan and Fuel
53% Of Customers Expect Businesses To Answer Back Within A Week To Negative Reviews
Online review statistics show that 63% of customer reviews go on without a reply. That's regrettable, since those businesses are losing customers that way.
Source: Review Trackers
88% Of Americans Stated That Product Reviews Were The Most Influential Factor When Purchasing Home Electronic Devices
Stats reveal that reviews were more effective than TV advertisements at 37%, social networks at 23% and display ads at 49%.
Source: Statista
Many Best Selling Items Have A Typical Ranking Of 4.2 To 4.7
You can't make everyone pleased, which is why perfect 5 star scores are suspicious. Somebody always has a little a gripe. That's why it is abnormal to get perfect 5 star scores. Often a lower score actually helps your overall rating.
According to client rating stats, conversion rates begin to decrease as rankings rise above 4.7.
Source: Spiegel Research Center
89% Of Consumers Browse A Businesses Reactions To Reviews
Not only do the majority of clients read the review replies, 30% of them highly value them. Nearly 96% read the responses to their own reviews.
Source: Brightlocal
Only 6 Percent Of Customers Do Not Rely On Consumer Reviews At All
According to client review stats, a massive 19 percent of customers constantly rely on online reviews and never a make a purchase without checking out reviews.
Source: Statista
Consumer Reviews On Items Are Relied On Practically 12 Times More Than The Manufacturers' Descriptions
Word-of-mouth reviews are miles ahead of the makers' description. Individuals trust other peoples opinions before they ever trust what the manufacturer states. The reason, manufacturers' descriptions are basically advertisements.
Source: Martech Zone
83 Percent Of Customers Don't Rely On Advertising
The conventional channels to reach consumers aren't as influential as they used to be. Most users who no longer trust advertisements select to take note of clients' recommendations online.
Source: Statuslabs
53 Percent Of Americans Consider Product Reviews And Scores As The Most Vital Part Of Online Shopping.
Today's buyers are smart and desire the very best bang for their dollar. It's no surprise that they consider reading reviews as a huge part of the buying decision.
Source: Statista
Reviews Published On Twitter Can Boost Revenues By 6.46%
Online review stats reveal that reviews shared on Twitter, do more to boost sales than those on any other social media platform.
Source: Yotpo
95 Percent Of Travelers Check Out Online Reviews Prior To Reserving Travel Related Services
Leisure and business travelers alike read reviews to form a viewpoint. Business tourists read an average of 5 reviews vs. 6-7 for leisure travelers. 59% of all travelers report that they check out reviews 'constantly' or 'really often'.
Source: Trust You