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88% Of Americans Declared That Product Reviews Were The Most Prominent Factor When Buying Home Electronic Devices
Statistics reveal that reviews were more effective than Television ads at 37%, social networks at 23% and display ads at 49%.
Source: Statista
53% Of Americans Consider Product Reviews And Ratings As The Most Crucial Part Of Online Shopping.
Today's consumers are smart and desire the very best bang for their buck. It's no surprise that they consider checking out reviews as a huge part of the buying decision.
Source: Statista
The Majority Of People Aged 25-34 Wrote Reviews
According to Statista, the more youthful generations are apparently the more vocal ones.
Source: Statista
If They Were Asked, 77% Of Customers Would Definitely Post A Review
More than a 35% would submit a review to educate others about their customer experience and 24% would undoubtedly direct their review to the company itself.
Over a 26% would want to leave a review to assist other individuals with their choice making process.
Source: Podium
A Lot Of Best Selling Items Have A Typical Rating Of 4.2 To 4.7
You can't make everybody happy, which is why perfect 5 star ratings are suspicious. That's why it is unnatural to get perfect 5 star rankings.
According to consumer rating statistics, conversion rates begin to decrease as scores rise above 4.7.
Source: Spiegel Research Center
Negative Reviews Can Boost Conversion By Up To 85%
It sounds crazy, however negative reviews can be a positive force for users to devote more time on your website. According to online review statistics, people devote more than 5 times as long on a website when they read negative reviews.
When there are a mix of positives and negatives, more than two thirds of users trust reviews more. If there aren't any unfavorable ones, a frustrating 95% suspect censorship or fabricated reviews.
Source: Reevoo
Just 44% Of Local Businesses Have Claimed Their Google My Business Listing
That's 56% of your competition that aren't making the most of their listing.
While business listings on the significant review platforms are complimentary, a remarkably low number of businesses really utilize them.
Although we now understand why customer reviews are so powerful, many businesses apparently don't.
Source: LsaInsider
83% Of Clients Don't Rely On Advertising
The conventional channels to reach clients aren't as influential as they used to be. Many users who no longer trust advertisements pick to pay attention to customers' recommendations online.
Source: Statuslabs
Reviews Are The Third Most Prominent Ranking Factor For Google's Local 3 Pack
Review signals (amount, diversity, and so on) account for 15.44% of Google's algorithm for local ranking.
Just Google My Business signals, like proximity and keywords account for 25.12%, and link signals at 16.53%, are more important than reviews as far as ranking factors go for the local 3 pack.
Source: Moz
Reviews Shared On Twitter Can Help Boost Sales By 6.46%
Online review statistics show that reviews shared on Twitter, do more to grow sales than those on any other social network.
Source: Yotpo
A One Star Boost In Ranking Can Lead To A 5% To 9% Increase In Business Income
Businesses that treat consumers well typically succeed, review sites help make sure of that.
Source: Statuslabs
15% Of People Don't Trust Businesses With No Online Reviews
No trust means no interactions. 15 percent of possible customers won't even think about doing business with a business they can't discover viewpoints about.
Source: Statuslabs
Only 6% Of Consumers Do Not Trust Consumer Reviews At All
According to client review statistics, a massive 19% of customers constantly trust online reviews and never ever a purchase without reading reviews initially.
Source: Statista
83% Of All Young Consumers Were Asked To Submit A Review Recently
Of those invited, 80% of clients did post a review. In general, businesses have actually asked 66% of all customers to give a review on their company.
Source: Brightlocal
73 Percent Of Consumers Believe Customer Reviews Are More Vital Than Star And Number Scores
Online review stats make it clear people aren't satisfied with ratings alone.
Consumer reviews make the stats appear more genuine which is what the would-be clients are looking for. Nearly a 3rd of consumers say composed reviews are the only feature that makes them believe the sites' reviews are beneficial and relevant.
Source: Fan and Fuel