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Online Product Reviews About A Product Can Amplify Its Conversion Rate By More Than 270%
User review statistics reveal the purchase possibility for a product with 5 reviews is 270 percent higher than the same product without reviews.
Source: Spiegel Research Center
53 Percent Of Americans Consider Item Reviews And Scores As The Most Vital Part Of Online Shopping.
Today's buyers are wary and desire the best bang for their dollar. It's no wonder that they consider checking out reviews as a big part of the buying decision.
Source: Statista
More Than 4 Negative Reviews About A Business Or Product Might Reduce Sales By 70 Percent
One negative review is enough for 35 percent of a site's visitors to decide not to buy. 3 negative reviews can cost a business 59% fewer sales.
Naturally, they can be compensated by the large number of positive reviews you get.
"It takes many good deeds to build a good reputation, and only one bad one to lose it." -Benjamin Franklin
Source: Martech Zone
Reviews Are The Most Vital Part Of The Purchase Choice For Over 90% Of US Clients
24% of US consumers consider reviews as 'extremely influential'.
To show the significance of online reviews and rankings, did you know that 81% of customers will pay more for a product with reviews and those very same clients are likewise willing to accept slower shipping times for such items.
Source: Turntonetworks
89% Of Shoppers Want To Read Reviews On Their Mobile Devices
Be it by means of an app or a mobile browser, people choose to read reviews on their cell phones.
Source: Statista
A One Star Boost In Rating Can Lead To A 5% To 9% Increase In Business Revenue
Businesses that treat consumers honorably normally succeed, review websites help make certain of that.
Source: Statuslabs
88% Of Americans Reported That Product Reviews Were The Most Prominent Factor When Buying Home Electronic Devices
Statistics reveal that reviews were more beneficial than Television ads at 37%, social networks at 23% and display advertisements at 49%.
Source: Statista
Software Reviews Impact Over 98 Percent Of All Purchasers
18% of software buyers consider reviews to be a necessary factor in the purchase procedure. Software application reviews have no effect whatsoever on only 2 percent of consumers. Two-thirds of them read more than six reviews to decide and 14% of them read more than 20 reviews.
Source: Capterra
54% Of Americans Pay The Most Attention To The Average Star Rating Of A Local Company
The star rating is the first thing consumers see. Still, users pay attention to other factors also, like the amount, recency, length, and belief of reviews. Each of these alone affects more than a third of US customers.
Source: Statista
74 Percent Of Local Companies Have At Least One Google Review
A single review is far from enough to enhance your website's SERP ranking.
Taking a look at online scores stats, we discovered that a business requires to have an average of 40 reviews before people "Award" it with a star.
Source: Brightlocal
73 Percent Of Customers Believe Written Reviews Are More Important Than Star And Number Ratings
Online review stats make it clear people aren't pleased with ratings alone.
Written reviews make the statistics appear more genuine which is what the prospective consumers are looking for. Almost a 3rd of customers say composed reviews are the only function that makes them think the sites' reviews are relevant and beneficial.
Source: Fan and Fuel
15 Percent Of People Don't Trust Businesses Without Any Online Reviews
No trust indicates no interactions. 15 percent of possible consumers won't even think about doing business with a business they can't find opinions about.
Source: Statuslabs