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A Solitary Business Review Can Raise Its Conversions By 10%
Online review statistics reveal user-generated content can do wonders in terms of conversions.
A single review can have a massive influence on your business.
A hundred reviews can increase your conversion rates by as much as 37 percent. 2 hundred can provide a mind-blowing 44 percent boost.
Source: RevLocal
52% Of Customers Trust A Product More If It Has Negative Reviews Also
We already touched upon the negative and positive reviews and their impact on customers. Nevertheless, all products have their faults, it raises red flags that perhaps the reviews are fake if all of a products reviews are positive. People anticipate to see some negative reviews.
Source: Capterra
98% Of Yelp's Browsers Bought From A Business They Found On The Site
Typically, 142 million customers check out Yelp monthly. This is as great a time as any if you have not claimed your totally free Yelp business page.
Source: RevLocal
83% Of Consumers Don't Rely On Advertising
The traditional channels to reach consumers aren't as influential as they used to be. Most users who no longer trust ads select to take note of consumers' recommendations online.
Source: Statuslabs
Google Accounts For 57.5 Percent Of All Reviews All Over The World
As can be expected, Google is in the lead, followed by Facebook, TripAdvisor and others.
Here's the online reviews distribution rankings:
Google with 57.5%, Facebook with 19%, TripAdvisor with 8.4%, Yelp at 6.6% and Others at 8.6%.
Source: Review Trackers
83% Of All Young People Were Invited To Post A Review Recently
Of those invited, 80% of customers did submit a review. Overall, businesses have actually asked 66% of all consumers to post a review on their business.
Source: Brightlocal
Most Local Companies Have Approximately 39 Google Reviews
People like to share their experience after they have visited a vendor. Online review trends reveal individuals choose to comment if they had a positive experience, rather than a negative or mediocre one.
Source: Brightlocal
72% Of Clients Will Not Take Action Before They Check Out Some Reviews
Irrespective of how attractive your marketing is, you still require customer reviews. There is no way around it. Customers are still happy to hear you out, but they rely on other individuals more.
Source: My Testimonial Engine
77% Of Customers Do Not Rely On Reviews That Are Older Than Three Months
Clients don't care how great your product or service was in the past. Since they are relevant and fresh, is part of why online reviews matter.
Consumers understand businesses lose their touch all the time, which is why the majority of them find older reviews unimportant.
It is for this reason that companies ought to be continuously requesting reviews.
Source: Statuslabs
Reviews Are The Most Vital Part Of The Purchase Decision For Over 90% Of United States Customers
24% of US consumers consider reviews as 'exceptionally influential'.
To highlight the significance of online reviews and ratings, did you know that 81% of customers will pay more for an item with reviews and those very same consumers are also happy to accept slower shipping times for such products.
Source: Turntonetworks
77% Of Clients Would Leave A Review If They Were Asked
More than a 35% would do it to advise others about their consumer encounter and 24% would definitely direct their review to the company itself.
Over a 26% would be willing to give a review to assist other people with their choice making process.
Source: Podium
70% Of Consumers Prefer To Discover A Business By Means Of Articles And Reviews, Instead Of Ads
Ads are all well and good, but it's worth trying a different approach too. Reviews are by far the very best method to find the truth about a product or service.
Source: Statuslabs
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, but they consider their quantity and recency as well.
The share of customers, who take notice of the number of reviews is presently at 46%.
Source: Brightlocal