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Facebook Reviews Impact More Than 50 Percent Of Consumers' Purchasing Decisions
Facebook is currently the most popular social network which can also affect our purchasing preferences.
According to social reviews statistics, Facebook affects over half of users' purchase choices.
If it has favorable reviews, Facebook reviews stats reveal that 4 out of 5 users are more likely to rely on a local business.
Source: RevLocal
89% Of Consumers Review A Businesses Responses To Reviews
Not only do the majority of consumers check out the review replies, 30% of them highly value them. Nearly 96% read the feedback to their own reviews.
Source: Brightlocal
A Single Business Review Can Lift Its Conversions By 10%
Online review statistics reveal user-generated content can do miracles in regards to conversions.
A single review can have a substantial impact on your business.
A hundred reviews can raise your conversion rates by as much as 37 percent. Two hundred can supply a mind-blowing 44% increase.
Source: RevLocal
15% Of Clients Do Not Trust Businesses Without Having Online Reviews
No trust implies no interactions. 15 percent of prospective customers won't even consider doing business with a company they can't discover viewpoints about.
Source: Statuslabs
91% Of Companies Think The Company's Star Rating Can Determine Whether They Win Or Lose A Possible Team Member
The 86% of companies question the integrity of online reviews. However, they realize the huge impact user rankings have on their business. Unfavorable consumer or employee reviews can affect 90% of job seekers.
Source: Career Arc
74% Of Local Businesses Have At A Minimum, One Google Review
A single review is far from enough to enhance your website's SERP ranking.
Looking at online scores data, we discovered that a business requires to have a minimum of 40 reviews before consumers "Award" it with a star.
Source: Brightlocal
Clients Might Spend 31 Percent More With A Business That Has Great Reviews
Pay attention to this statistic. The more detailed other users describe your product or service, the more money you can charge and consumer review stats reveal to us precisely how much more.
Source: Martech Zone
Almost All Consumers, Who Use Online Reviews, Read Them Early In The Purchasing Process
Let's say you wish to buy a brand-new vehicle and there are several models which fit your requirements. How do you choose the best one for you? Well, you read reviews.
With the help of other people, you quickly pick one that works for you. That's how favorable reviews transform customers into consumers.
Source: Consumer Affairs
49% Of Customers Consider The Quantity Of Online Reviews As An Important Factor In Their Buying 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 take note of the variety of reviews is presently at 46 percent.
Source: Brightlocal
More Than Four Negative Reviews About A Business Or Service Might Decrease Sales By 70 Percent
One negative review suffices for 35% of a website's visitors to choose not to purchase. Three negative reviews can cost a business 59% less sales.
Obviously, they can be compensated by the sheer 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
More Than Half Of People Aged 25-34 Submitted Reviews
According to Statista, the younger generations are evidently the more opinionated ones.
Source: Statista
Reviews Are The Most Vital Part Of The Purchase Decision For Over 90% Of USA Clients
24% of US buyers consider reviews as 'exceptionally influential'.
To highlight the significance of online reviews and ratings, did you know that 81% of consumers will pay more for an item with reviews and those very same customers are also willing to accept slower shipping times for such items.
Source: Turntonetworks
83% Of All Younger Shoppers Were Asked To Leave A Review Recently
Of those invited, 80% of consumers did give a review. In general, companies have asked 66% of all customers to submit a review on their business.
Source: Brightlocal
60% Of Consumers Refer To Blog And Social Media Network Reviews On Their Mobile Phones Before Shopping
In-store purchasing is affected significantly by blogs and reviews on social networks. With men being twice as likely to be influenced than ladies.
Reviews and rating statistics show people value the viewpoint of peers more than any other content.
Source: Collective Bias
Reviews Are The Third Most Influential Ranking Aspect For Google's Local 3 Pack
Review signals (amount, diversity, and so on) represent 15.44% of Google's algorithm for local ranking.
Google My Business signals, like proximity and keywords represent 25.12%, and link signals at 16.53%, are more crucial than reviews as far as ranking factors go for the local 3 pack.
Source: Moz