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88% Of Americans Revealed That Product Reviews Were The Most Prominent Factor When Buying Home Electronics
Stats reveal that reviews were more effective than Television advertisements at 37%, social networks at 23% and display ads at 49%.
Source: Statista
73% Of Customers Believe Consumer Reviews Are More Important Than Star And Number Scores
Online review stats make it clear individuals aren't satisfied with scores alone.
Consumer reviews make the stats appear more authentic which is what the would-be clients are searching for. Almost a third of consumers say written reviews are the only feature that makes them believe the websites' reviews are helpful and relevant.
Source: Fan and Fuel
A One Star Boost In Rating Can Result In A 5% To 9% Increase In Business Earnings
Businesses that treat customers well usually prosper, review websites help make certain of that.
Source: Statuslabs
A Lot Of Best Selling Products Have An Average Ranking Of 4.2 To 4.7
You can't make everybody happy, which is why perfect 5 star scores are suspicious. That's why it is unnatural to get perfect 5 star ratings.
According to customer rating statistics, conversion rates start to decrease as rankings rise above 4.7.
Source: Spiegel Research Center
Just 44 Percent Of Local Businesses 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 totally free, a remarkably low number of companies actually utilize them.
Although we now know why client reviews are so effective, a lot of businesses obviously don't.
Source: LsaInsider
72 Percent Of Consumers Won't Take Action Unless They Check Out Some Reviews
Regardless of how alluring your marketing is, you still require consumer reviews. There's no skirting around it. Clients are still willing to hear you out, however they rely on other people more.
Source: My Testimonial Engine
If It Has Less Than A 4 Star Ranking, More Than Half Of Customers Will Not Utilize A Service
This stat is among many that highlight the value of online ratings. Now that news of customer complete satisfaction travels this quick, keeping your customers pleased is more crucial than ever.
57% of consumers have actually searched for business with more than four stars in 2018, which is up from 48% in 2017.
11% looked only for organizations with a best five star score.
Source: Brightlocal
Over Half Of Shoppers Aged 25-34 Published Reviews
According to Statista, the younger generations are clearly the more vocal ones.
Source: Statista
91% Of Millennials Have Faith In Online Reviews As Much As Loved Ones
Online review statistics place consumers' reviews as the most credible source of suggestions. Online reviews generally bring the same weight as guidance from family and friends.
Source: Brightlocal
83% Of Customers Don't Trust Advertising
The traditional channels to reach customers aren't as prominent as they utilized to be. A lot of users who no longer trust ads choose to take note of clients' suggestions online.
Source: Statuslabs
USA Shoppers Consider "Product Performance" To Be The Most Useful Detail In Product Reviews
They focus on different aspects of the shopping experience when people check out reviews. However according to online review stats, 60% of them are most thinking about the item's performance.
Customer satisfaction, product quality and quality over time are the next couple of considerations for more than 50% of American clients.
Source: Statista