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Online Product Reviews About A Product Can Raise Its Conversion Rate By More Than 270%
User review statistics reveal the purchase probability for a product with 5 reviews is 270 percent higher than the very same product without reviews.
Source: Spiegel Research Center
Reviews Are The Most Essential Part Of The Purchase Decision For Over 90% Of USA Customers
24% of US shoppers consider reviews as 'very influential'.
To show the value of online reviews and rankings, did you understand that 81% of customers will pay more for an item with reviews and those same consumers are likewise happy to accept slower shipping times for such items.
Source: Turntonetworks
Google Represents 57.5 Percent Of All Reviews Worldwide
Google is in the lead here, followed by Facebook as a far-off second.
These are the online reviews distribution rankings:
Google at 57.5%, Facebook with 19%, TripAdvisor with 8.4%, Yelp at 6.6% and Others with 8.6%.
Source: Review Trackers
74% Of Regional Businesses 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 ratings statistics, we learnt that a company needs to have an average of 40 reviews before visitors "Award" it with a star.
Source: Brightlocal
Over Half Of Consumers Won't Use A Business If It Has Less Than A 4 Star Score
This stat is one of numerous that highlight the importance of online rankings. Now that news of customer fulfillment travels this quick, keeping your customers happy is more important than ever.
57 percent of consumers have actually searched for business with more than four stars in 2018, which is up from 48% in 2017.
11% looked only for services with a best five star rating.
Source: Brightlocal
83% Of All Young Consumers Were Asked To Submit A Review Recently
Of those invited, 80% of customers did leave a review. Overall, businesses have asked 66% of all customers to leave a review on their business.
Source: Brightlocal
91 Percent Of Millennials Have Confidence In Online Reviews As Much As Family And Friends
Online review stats place customers' reviews as the most credible source of recommendations. Online reviews generally bring the same weight as recommendations from loved ones.
Source: Brightlocal
82 Percent Of Consumers Check Out Review Sites Because They Want To Acquire A Product Or A Service And Wish To Get The Truth About Business Products And Services.
Review sites are places that customers go to get the facts about a service, business or item . Users come because they have actually currently formed a buying decision. The majority of them (89 percent) purchase within a week of their visit. And 29 percent do so in 24 hours.
Source: RevLocal
53 Percent Of Americans Consider Item Reviews And Rankings As The Most Important Part Of Online Shopping.
Today's consumers are wary and want the very best bang for their dollar. It's no surprise that they consider checking out reviews as a huge part of the buying decision.
Source: Statista
49 Percent Of Customers Consider The Quantity Of Online Reviews As An Important Consideration Of Their Buying Decision
Customers value not only the quality or nature of the reviews, however they consider their quantity and recency also.
The share of customers, who take note of the variety of reviews is currently at 46%.
Source: Brightlocal
The Majority Of Customers Aged 25 To 34 Posted Reviews
According to Statista, the more youthful generations are unsurprisingly the more opinionated ones.
Source: Statista
Many Best-selling Items Have An Average 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 abnormal to get perfect 5 star rankings.
According to client rating statistics, conversion rates start to reduce as scores rise above 4.7.
Source: Spiegel Research Center
Facebook Reviews Impact More Than 50% Of Customers' Purchasing Decisions
Facebook is presently the most popular social network which can also affect our buying preferences.
According to social reviews stats, Facebook affects over half of users' purchase choices.
Facebook reviews stats reveal that four out of 5 users are most likely to trust a local business if it has positive reviews.
Source: RevLocal