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67% Of Consumers Admit Reviews Are A "Very Crucial" Factor When Selecting A Service Provider
Reviews have an enormous impact on their decision when clients have to select a service provider.
Source: DemandGenReport
53% Of Customers Expect Businesses To Reply Within A Week To Unfavorable Reviews
Online review statistics reveal that 63% of customer reviews remain without a reaction. That's regrettable, since those businesses are losing clients that way.
Source: Review Trackers
52% Of Consumers Rely On A Product More If It Has Unfavorable Reviews Also
We already touched upon the negative and positive reviews and their impact on consumers. However, all products have their faults, if all of a products reviews are positive, it raises warnings that perhaps the reviews are phony. Customers expect to see some negative reviews.
Source: Capterra
89% Of Buyers Like To Read Reviews Using Their Smartphones
Be it by means of an app or a mobile internet browser, folks prefer to read reviews on their cell phones.
Source: Statista
More Than Four Negative Reviews About A Company Or Product May Decrease Sales By 70 Percent
One negative review suffices for 35% of a site's visitors to choose not to purchase. Three negative reviews can cost a business 59 percent fewer sales.
Obviously, 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
49% Of Customers Consider The Number Of Online Reviews As A Necessary Consideration Of Their Purchasing Decision
Consumers value not just the quality or nature of the reviews, however they consider their quantity and recency as well.
The share of clients, who focus on the variety of reviews is presently at 46%.
Source: Brightlocal
60 Percent Of Consumers Consult Blog And Social Network Reviews On Their Cell Phones Before Shopping
In-store purchasing is affected significantly by blogs and reviews on social networks. With men being two times as likely to be affected than women.
Reviews and ranking stats reveal people value the viewpoint of peers more than any other content.
Source: Collective Bias
Buyers Checking Out Reviews On A Mobile Phone Are 127 Percent More Likely To Purchase Than Desktop Users
Mobile users prefer to get things done quicker. Therefore, purchasing choices are made quickly.
Online reviews are clearly convincing, yet marketers have not necessarily come to value the power of them.
Source: Martech Zone
Google Represents 57.5% Of All Reviews Around The World
Google remains in the lead here, followed by Facebook as a distant second.
Here's the online reviews distribution rankings:
Google at 57.5%, Facebook at 19%, TripAdvisor at 8.4%, Yelp at 6.6% and Others with 8.6%.
Source: Review Trackers
Consumer Reviews On Items Are Relied On Nearly 12 Times More Than The Manufacturers' Descriptions
Word-of-mouth reviews are miles ahead of the manufacturers' description. Individuals trust other individuals opinions before they ever trust what the maker states. The reason, makers' descriptions are essentially ads.
Source: Martech Zone
77% Of Customers Do Not Trust Reviews That Are Older Than Three Months
Clients don't care how great your product or service was in the past. Due to the fact that they are fresh and relevant, is part of why online reviews matter.
Consumers understand businesses lose their touch all the time, which is why the majority of them consider older reviews unimportant.
It is for this reason that companies need to be constantly asking for reviews.
Source: Statuslabs
72 Percent Of Customers Will Not Take Action Unless They Read Some Reviews
Irrespective of how captivating your marketing is, you still require consumer reviews. There's no skirting around it. Clients are still happy to hear you out, but they rely on other people more.
Source: My Testimonial Engine
Online Product Reviews About An Item Can Raise Its Conversion Rate By More Than 270 Percent
User review statistics reveal the purchase possibility for a product with 5 reviews is 270 percent higher than the same item without reviews.
Source: Spiegel Research Center
73 Percent Of Customers Believe Consumer Reviews Are More Vital Than Star And Number Ratings
Online review stats make it clear individuals aren't satisfied with scores alone.
Client reviews make the stats appear more authentic which is what the prospective clients are trying to find. Almost a third of customers say written reviews are the only feature that makes them think the sites' reviews are relevant and useful.
Source: Fan and Fuel
83 Percent Of Consumers Do Not Rely On Advertising
The traditional channels to reach consumers aren't as influential as they utilized to be. Most users who no longer trust ads choose to take note of clients' recommendations online.
Source: Statuslabs
91% Of Millennials Trust Online Reviews As Much As Family And Friends
Online review statistics position consumers' reviews as the most trustworthy source of suggestions. Online reviews normally bring the same weight as guidance from loved ones.
Source: Brightlocal