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Online Product Reviews About An Item Can Amplify Its Conversion Rate By A Whopping 270%
User review statistics reveal the purchase likelihood for an item with five reviews is 270% higher than the same item without reviews.
Source: Spiegel Research Center
The Average Review Word Count Has Actually Become 65% Much Shorter Since 2010
Lately reviews are shorter, simpler, and more straight to the point. The word count of a review in 2019 is comparable to that of a twitter tweet.
Source: Review Trackers
A Solitary Business Review Can Raise Its Conversions By 10%
Online review statistics show user-generated material can do miracles in regards to conversions.
A single review can have a massive influence on your business.
A hundred reviews can boost your conversion rates by as much as 37%. 2 hundred can supply a mind-blowing 44% increase.
Source: RevLocal
A One Star Boost In Ranking Can Lead To A 5% To 9% Boost In Business Revenue
Businesses that treat consumers fairly generally flourish, review websites help ensure of that.
Source: Statuslabs
73% Of Consumers Believe Customer Reviews Are More Important Than Star And Number Ratings
Online review stats make it clear people aren't pleased with ratings alone.
Customer reviews make the stats appear more genuine which is what the would-be consumers are looking for. Practically a 3rd of consumers state composed reviews are the only function that makes them believe the sites' reviews are relevant and helpful.
Source: Fan and Fuel
60 Percent Of Customers Refer To Blog And Social Media Network Reviews On Their Mobile Devices Before Shopping
In-store purchasing is influenced considerably by blogs and reviews on social media. With males being two times as likely to be affected than ladies.
Reviews and score statistics reveal individuals value the opinion of peers more than any other material.
Source: Collective Bias
70 Percent Of Consumers Need To Read A Minimum Of 4 Reviews Before They Can Rely On A Business
Four reviews may be too few. Most people check out a lot more reviews to get an idea of how the business is really doing. Do not depend on that figure alone.
Source: Brightlocal
More Than 4 Negative Reviews About A Company Or Service May Decrease Sales By 70 Percent
One negative review suffices for 35% of a website's visitors to decide not to purchase. 3 negative reviews can cost a business 59% fewer sales.
Obviously, they can be compensated by the sheer number of positive reviews you receive.
"It takes many good deeds to build a good reputation, and only one bad one to lose it." -Benjamin Franklin
Source: Martech Zone
88% Of Americans Claimed That Product Reviews Were The Most Influential Factor When Purchasing Home Electronics
Statistics reveal that reviews were more effective than Television advertisements at 37%, social networks at 23% and display ads at 49%.
Source: Statista
95 Percent Of Travelers Check Out Online Reviews Prior To Reserving Travel Services
Leisure and business tourists alike check out reviews to form an opinion. Business travelers read approximately 5 reviews vs. 6-7 for leisure travelers. 59% of all travelers report that they read reviews 'constantly' or 'very often'.
Source: Trust You
67% Of Consumers Admit Reviews Are A "Extremely Important" Factor When Choosing A Solution Provider
When customers have to select a solution provider, reviews have a huge influence on their decision.
Source: DemandGenReport
83 Percent Of Clients Do Not Trust Advertising
The traditional channels to reach clients aren't as influential as they used to be. Most users who no longer trust ads pick to pay attention to customers' recommendations online.
Source: Statuslabs
Favorable Reviews Encourage 68 Percent Of Consumers To Choose A Local Business
Because the vast bulk of consumers read reviews, you would want yours to be enticing to new clients, right? Keep them short, positive and sweet.
"Kind words can be short and easy to speak, but their echos are truly endless." -Mother Teresa
Source: Brightlocal
71% Of Millennials Browse Consumer Reviews Of Expert Services
Majority of all people in need of an expert service turn to online reviews.
According to online reviews statistics, 59% utilized online reviews to pick a doctor or a lawyer.
Younger people (age 18-35) are even more inclined to work with a professional based on online reviews. Only 19% of millennials will consider working with a lawyer without any.
Source: Thomson Reuters
Only 6% Of Customers Do Not Rely On Consumer Reviews At All
According to consumer review stats, a massive 19 percent of customers constantly rely on online reviews and never ever a buy without reading reviews first.
Source: Statista