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83% Of All Young Shoppers Were Invited To Submit A Review Recently
Of those invited, 80% of customers did submit a review. Overall, businesses have actually asked 66% of all clients to post a review on their business.
Source: Brightlocal
More Than Four Negative Reviews About A Company Or Product May Decrease Sales By 70 Percent
One negative review is enough for 35% of a site's visitors to decide not to purchase. 3 negative reviews can cost a business 59% fewer sales.
Naturally, they can be compensated by the large 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
Customer Reviews On Items Are Trusted Nearly 12 Times More Than The Makers' Descriptions
Word-of-mouth reviews are miles ahead of the manufacturers' description. Individuals trust other peoples opinions before they ever trust what the manufacturer says. The reason, manufacturers' descriptions are generally ads.
Source: Martech Zone
United States Shoppers Consider "Product Performance" To Be The Most Valuable Detail In Product Reviews
They focus on different elements of the shopping experience when individuals read reviews. But according to online review statistics, 60% of them are most thinking about the item's performance.
Client satisfaction, product quality and quality over time are the next few considerations for more than 50% of American clients.
Source: Statista
Online Product Reviews About A Product Can Improve Its Conversion Rate By More Than 270%
User review stats show the purchase likelihood for a product with five reviews is 270% higher than the exact same product without reviews.
Source: Spiegel Research Center
90% Of Buyers Need Less Than 10 Reviews To Form A Viewpoint About A Business
You know what people say about impressions, right?
Users get their impression of your businesses through reviews. Generally through less than 10 of them.
Think about asking your visitors to compose one if you don't have reviews on your site.
Source: Martech Zone
Many Best Selling Products Have A Typical Ranking Of 4.2 To 4.7
You can't make everyone happy, which is why perfect 5 star scores are suspicious. That's why it is unnatural to get perfect 5 star ratings.
According to client rating statistics, conversion rates start to decrease as rankings rise above 4.7.
Source: Spiegel Research Center
70 Percent Of Customers Need To Check Out At Least 4 Reviews Before They Can Rely On A Business
4 reviews may be too few. The majority of people check out a lot more reviews to get a clear view of how business is actually doing. Do not depend upon that statistic alone.
Source: Brightlocal
70% Of Consumers Choose To Learn About A Business Via Reviews And Articles, Instead Of Advertisements
Advertisements are all well and good, however it's worth attempting a different approach too. Reviews are without a doubt the best way to find the truth about a product or service.
Source: Statuslabs
73% Of Consumers Believe Consumer Reviews Are More Important Than Star And Number Rankings
Online review stats make it clear individuals aren't pleased with ratings alone.
Customer reviews make the stats appear more authentic which is what the would-be clients are looking for. Nearly a third of customers state written reviews are the only function that makes them believe the sites' reviews are helpful and pertinent.
Source: Fan and Fuel
77% Of Clients Would Certainly Submit A Review If They Were Asked
More than a 35% would do it to notify others about their customer experience and 24% would most likely direct their review to the business itself.
Over a 26% would be willing to leave a review to help other people with their choice making process.
Source: Podium
15 Percent Of People Don't Trust Businesses Without Online Reviews
No trust indicates no interactions. 15% of possible clients will not even think about doing business with a company they can't find opinions about.
Source: Statuslabs