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More Than 4 Negative Reviews About A Business Or Product Might Decrease Sales By 70%
One negative review suffices for 35% of a site's visitors to decide not to buy. 3 negative reviews can cost a business 59% less sales.
Obviously, 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
91% Of Millennials Have Faith In Online Reviews As Much As Family And Friends
Online review stats place clients' reviews as the most reliable source of suggestions. Online reviews normally carry the very same weight as advice from friends and family.
Source: Brightlocal
Reviews Posted On Twitter Can Increase Online Sales By 6.46%
Online review stats show that reviews shared on Twitter, do more to boost sales than those on any other social media platform.
Source: Yotpo
89% Of Clients Want To Read Reviews Using Their Smartphones
Be it through an app or a mobile web browser, people young and old choose to read reviews on their mobile phones.
Source: Statista
Online Product Reviews About An Item Can Increase Its Conversion Rate By More Than 270 Percent
User review statistics reveal the purchase likelihood for a product with five reviews is 270% higher than the very same product without reviews.
Source: Spiegel Research Center
82 Percent Of Customers Visit Review Websites Since They Wish To Buy An Item Or A Service And Want To Get The Facts About The Businesses Product Or Services.
Review websites are locations that people go to get the truth about a business, product or service . Since they have actually already formed a purchase decision, users come. The bulk of them (89%) purchase within a week of their visit. And 29% do so in 24 hours.
Source: RevLocal
Almost All Consumers, Who Utilize Online Reviews, Read Them Very Early In The Purchasing Process
Let's say you want to buy a brand-new automobile and there are numerous models which fit your criteria. How do you choose the very best one for you? Well, you read the reviews.
With the help of other customers, you quickly choose a model that works for you. That's how positive reviews convert customers into clients.
Source: Consumer Affairs
64% Of Americans Agree That User-generated Content (client Reviews) Enhanced Their Shopping Experience In 2017
30% of customers who check out client reviews, concur that it increases their purchasing confidence.
Businesses utilize the reviews to enhance their services and products.
"We all need people who will give us feedback. That's how we improve." -Bill Gates
Source: Statista
49 Percent Of Customers Consider The Quantity Of Online Reviews As An Essential Consideration Of Their Buying Decision
Customers value not just the quality or nature of the reviews, however they consider their quantity and recency too.
The share of clients, who focus on the number of reviews is currently at 46 percent.
Source: Brightlocal
Just 6% Of Customers Do Not Trust Client Reviews At All
According to client review stats, a whopping 19 percent of consumers always rely on online reviews and never a make a purchase without checking out reviews.
Source: Statista
More Than Half Of Shoppers Aged 25-34 Posted Reviews
According to Statista, the younger generations are apparently the more opinionated ones.
Source: Statista