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American Consumers Regard "Product Performance" To Be The Most Valuable Detail In Product Reviews
When people read reviews, they focus on various aspects of the shopping experience. However according to online review statistics, 60% of them are most thinking about the product's performance.
Client satisfaction, product quality and quality with time are the next couple of considerations for more than 50% of US customers.
Source: Statista
A Lone Business Review Can Lift Its Conversions By 10 Percent
Online review stats show user-generated content can do wonders in regards to conversions.
A single review can have a massive impact on your business.
A hundred reviews can boost your conversion rates by as much as 37%. 2 hundred can offer a mind-blowing 44 percent boost.
Source: RevLocal
When Buying Home Electronics, 88% Of Americans Stated That Product Reviews Were The Most Influential Element
Statistics reveal that reviews were more helpful than TV advertisements at 37%, social media at 23% and display ads at 49%.
Source: Statista
Software Application Reviews Influence Over 98 Percent Of All Buyers
18 percent of software purchasers consider reviews to be an important factor in the purchase procedure. Software reviews have no effect whatsoever on only 2 percent of customers. Two-thirds of them read more than six reviews to make up their mind and 14% of them read more than 20 reviews.
Source: Capterra
73% Of Customers Believe Customer Reviews Are More Crucial Than Star And Number Ratings
Online review statistics make it clear people aren't satisfied with scores alone.
Customer reviews make the stats appear more genuine which is what the would-be clients are looking for. Almost a third of consumers say composed reviews are the only function that makes them think the websites' reviews are beneficial and appropriate.
Source: Fan and Fuel
A One Star Increase In Rating Can Lead To A 5% To 9% Increase In Business Profits
Businesses that treat consumers honorably usually flourish, review sites help make certain of that.
Source: Statuslabs
Over Half Of Consumers Aged 25 To 34 Wrote Reviews
According to Statista, the more youthful generations are surprisingly the more opinionated ones.
Source: Statista
61% Of Local Businesses Have A Typical Rating Of 4 To 5 Stars
Generally two-thirds of companies have great and outstanding scores. Only 5% of businesses have a score listed below 3 stars.
Source: Brightlocal
Most Local Companies Have An Average Of 39 Google Reviews
Individuals like to share their experience after they've gone to a vendor. Online review trends reveal individuals choose to comment if they had a favorable experience, rather than a mediocre or negative one.
Source: Brightlocal
Facebook Reviews Impact More Than 50% Of Consumers' Buying Decisions
Facebook is presently the most popular social network which can also influence our buying decisions.
According to social reviews stats, Facebook impacts more than half of users' purchase decisions.
If it has favorable reviews, Facebook reviews stats reveal that 4 out of 5 users are likely to rely on a local business.
Source: RevLocal
Online Product Reviews About A Product Can Raise Its Conversion Rate By An Incredible 270%
User review statistics reveal the purchase likelihood for an item with five reviews is 270 percent higher than the same product without reviews.
Source: Spiegel Research Center
52% Of Consumers Rely On A Product More If It Has Negative Reviews As Well
We already touched upon the negative and positive reviews and their impact on consumers. However, all products have their faults, it raises red flags that possibly the reviews are phony if all of a products reviews are favorable. Consumers expect to see some negative reviews.
Source: Capterra