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When Purchasing Home Electronics, 88% Of Americans Stated That Product Reviews Were The Most Influential Factor
Stats reveal that reviews were more effective than Television advertisements at 37%, social networks at 23% and display ads at 49%.
Source: Statista
Because They Desire To Purchase A Service Or A Product And Want To Get The Facts About The Businesses Items And Services, 82 Percent Of Customers Go To Review Sites.
Users come because they have actually currently formed a purchase decision. The bulk of them (89 percent) buy within a week of their visit.
Source: RevLocal
49 Percent Of Customers Consider The Quantity Of Online Reviews As A Necessary Factor In Their Purchasing Decision
Consumers value not just the quality or nature of the reviews, however they consider their quantity and recency also.
The share of clients, who focus on the variety of reviews is presently at 46%.
Source: Brightlocal
67% Of Consumers Report Reviews Are A "Very Crucial" Factor When Selecting A Service Provider
When consumers have to choose a service provider, reviews have an enormous impact on their decision.
Source: DemandGenReport
86% Of Customers Would Think About Writing A Review For A Business
Your consumers are your most important resource, and it's not just because of the money they invest at your business. They will be ready to share it if you give them a good experience.
Source: Brightlocal
If A Business Makes An Effort To Solve Problems Quickly And Effectively, 95% Of Dissatisfied Consumers Will Return To A Business
Consumers don't anticipate you to be perfect. They do anticipate you to fix things when they go wrong. If there's absolutely nothing else a company can do to solve a problem, a simple coupon can say "We are sorry" in a more enticing way.
Source: SocialMediaToday
64 Percent Of Americans Agree That User-generated Content (consumer Reviews) Improved Their Shopping Experience In 2017
30 percent of consumers who check out client reviews, agree that it increases their purchasing confidence.
Companies use the reviews to improve their products or services.
"We all need people who will give us feedback. That's how we improve." -Bill Gates
Source: Statista
Reviews Published On Twitter Can Help Improve Online Sales By 6.46%
Online review stats show that reviews shared on Twitter, do more to increase sales than those on any other social network.
Source: Yotpo
83 Percent Of Consumers Do Not Rely On Advertising
The conventional channels to reach consumers aren't as influential as they used to be. Most users who no longer trust advertisements pick to focus on consumers' recommendations online.
Source: Statuslabs
More Than Four Negative Reviews About A Company Or Service May Decrease Sales By 70 Percent
One negative review suffices for 35 percent of a site's visitors to choose not to purchase. Three negative reviews can cost a business 59 percent fewer sales.
Of course, they can be compensated by the sheer 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
Online Product Reviews About An Item Can Improve Its Conversion Rate By More Than 270%
User review stats show the purchase probability for a product with five reviews is 270% higher than the very same product without reviews.
Source: Spiegel Research Center
71% Of Millennials Search Customer Reviews Of Professional Services
More than half of all people in need of an expert service turn to online reviews.
According to online reviews data, 59% used online reviews to pick a doctor or an attorney.
Young people (age 18-35) are much more likely to employ a professional based on online reviews. Only 19% of millennials will think about employing a legal representative without any.
Source: Thomson Reuters
Just 44% Of Local Companies Have Accepted Their Google My Business Listing
That's 56 percent of your competition that aren't making the most of their listing.
While business listings on the significant review platforms are totally free, a surprisingly low number of businesses really use them.
Although we now understand why customer reviews are so powerful, many businesses apparently don't.
Source: LsaInsider
Almost All Customers, Who Use Online Reviews, Read Them Very Early In The Purchasing Process
Let's say you wish to buy a new vehicle and there are numerous models which fit your criteria. How do you select the very best one for you? Well, you read the reviews.
With the help of other customers, you quickly choose one that works for you. That's how positive reviews transform customers into clients.
Source: Consumer Affairs
61% Of Regional Businesses Have An Average Ranking Of 4 Or 5 Stars
Overall two thirds of businesses have outstanding and good scores. Just 5% of companies have a rating listed below three stars.
Source: Brightlocal
91 Percent Of Millennials Depend On Online Reviews As Much As Friends And Family
Online review statistics position customers' reviews as the most reliable source of suggestions. Online reviews generally bring the very same weight as advice from loved ones.
Source: Brightlocal