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Clients Might Invest 31% More With A Business That Has Excellent Reviews
Focus on this statistic. The more detailed other users describe your services or product, the more money you can charge and customer review stats show us exactly just how much more.
Source: Martech Zone
72% Of Consumers Will Not Take Action Before They Read Some Reviews
No matter how eye-catching your marketing is, you still require client reviews. There is no other way around it. Clients are still happy to hear you out, but they trust other individuals more.
Source: My Testimonial Engine
Almost All Customers, Who Use Online Reviews, Read Them Early On In The Purchasing Process
Let's say you want to buy a brand-new car and there are several models which fit your criteria. How do you select the very best one for you? Well, you read reviews.
With the help of other customers, you quickly choose one that works for you. That's how favorable reviews convert customers into clients.
Source: Consumer Affairs
71% Of Millennials Search Customer Reviews Of Expert Services
Over half of all individuals in need of an expert service turn to online reviews.
According to online reviews data, 59% used online reviews to choose a doctor or an attorney.
Young people (age 18-35) are much more inclined to hire a professional based upon online reviews. Just 19% of millennials will consider hiring a lawyer without any.
Source: Thomson Reuters
90% Of Buyers Need Less Than 10 Reviews To Form A Viewpoint About A Business
You understand what people state about very first impressions?
Users get their first impression of your businesses through reviews. Usually through less than 10 of them.
If you do not have reviews on your website, consider asking your visitors to write one.
Source: Martech Zone
More Than Four Negative Reviews About A Business Or Product Might Reduce Sales By 70%
One negative review suffices for 35 percent of a site's visitors to choose not to purchase. Three negative reviews can cost a business 59% less sales.
Obviously, they can be compensated by the large number 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
Reviews Published On Twitter Can Grow Revenues By 6.46%
Online review data reveal that reviews shared on Twitter, do more to increase sales than those on any other social network.
Source: Yotpo
95 Percent Of Travelers Read Online Reviews Prior To Booking Travel Related Services
Leisure and business travelers alike read reviews to form a viewpoint. Business travelers read an average of 5 reviews vs. 6-7 for leisure tourists.
Source: Trust You
Consumers Reading Reviews On A Mobile Phone Are 127 Percent Most Likely To Make A Purchase Than Desktop Users
Mobile users prefer to get things done much faster. Purchasing choices are made quickly.
Online reviews are certainly persuasive, yet online marketers have not always come to value the power of them.
Source: Martech Zone
74% Of Local Businesses Have At Least 1 Google Review
One review is far from sufficient to enhance your site's SERP ranking.
Looking at online rankings data, we found out that a company needs to have at least 40 reviews before customers "Award" it with a star.
Source: Brightlocal
Just 44% Of Local Companies Have Accepted Their Google My Business Listing
That's 56% of your competitors that aren't taking advantage of their listing.
While business listings on the major review platforms are complimentary, a surprisingly low number of companies in fact utilize them.
Although we now understand why client reviews are so effective, most businesses apparently don't.
Source: LsaInsider
73 Percent Of Customers Believe Written Reviews Are More Crucial Than Star And Number Ratings
Online review data make it clear individuals aren't satisfied with scores alone.
Client reviews make the statistics appear more authentic which is what the prospective consumers are trying to find. Practically a 3rd of consumers state composed reviews are the only feature that makes them think the sites' reviews are helpful and pertinent.
Source: Fan and Fuel
88% Of Executives Judge Reputation Risk As A Leading Business Issue
Reputation management stats suggest a business's reputation does not impact just the consumers. Potential employees likewise look at scores and take a look at reviews.
Source: Deloitte
86% Of Consumers Would Think About Writing A Review For A Business
Your consumers are your most valuable resource, and it's not just because of the money they invest at your business. If you provide an excellent experience, they will be willing to share it.
Source: Brightlocal
53 Percent Of Americans Consider Product Reviews And Ratings As The Most Crucial Part Of The Online Shopping Experience In 2018.
Today's consumers are smart and desire the best bang for their buck. It's not surprising that that they consider reading reviews as a big part of the purchasing decision.
Source: Statista
When Purchasing Home Electronics, 88% Of Americans Declared That Product Reviews Were The Most Prominent Factor
Stats reveal that reviews were more successful than TV ads at 37%, social media at 23% and display advertisements at 49%.
Source: Statista