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53% Of Consumers Anticipate Companies To Answer Back Within A Week To Unfavorable Reviews
Online review statistics reveal that 63% of client reviews stay without a reaction. That's regrettable, due to the fact that those companies are losing consumers that way.
Source: Review Trackers
Just 44 Percent Of Local Companies Have Actually Claimed Their Google My Business Listing
That's 56 percent of your competitors that aren't benefiting from their listing.
While business listings on the major review platforms are free, a remarkably low number of businesses actually make use of them.
Although we now know why customer reviews are so effective, many businesses obviously don't.
Source: LsaInsider
73 Percent Of Consumers Believe Consumer Reviews Are More Vital Than Star And Number Ratings
Online review stats make it clear people aren't pleased with scores alone.
Written reviews make the statistics appear more authentic which is what the potential clients are trying to find. Nearly a 3rd of consumers say composed reviews are the only feature that makes them believe the sites' reviews are relevant and helpful.
Source: Fan and Fuel
30% Of Consumers Feel Comfortable With A Business Which Answers Online Reviews
Communicating with your consumers creates trust. Even something like responding to their reviews and remarks can make them feel appreciated.
As you may anticipate, customers who feel this way are happy to invest more cash with a company.
Source: Statuslabs
More Than 4 Negative Reviews About A Business Or Product May Decrease Sales By 70 Percent
One negative review is enough for 35% of a site's visitors to decide not to buy. Three negative reviews can cost a business 59% fewer sales.
Obviously, they can be compensated by the sheer variety 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
91 Percent Of Millennials Turn To Online Reviews As Much As Family And Friends
Online review statistics put customers' reviews as the most credible source of recommendations. Online reviews generally bring the same weight as suggestions from loved ones.
Source: Brightlocal
54% Of Americans Pay The Most Attention To The Average Star Score Of A Local Company
The star score is the first thing customers see. Still, users take notice of other elements also, like the amount, recency, length, and sentiment of reviews. Each of these alone affects more than a 3rd of US consumers.
Source: Statista
86 Percent Of Customers Would Think About Composing A Review For A Business
Your clients are your most important resource, and it's not just because of the cash they spend at your business. They will be willing to share it if you give them a great experience.
Source: Brightlocal
89% Of Customers Review A Businesses Feedback To Reviews
Not only do a lot of individuals check out the review replies, 30% of them hold them in high regard. Practically 96% read the reactions to their own reviews.
Source: Brightlocal
49 Percent Of Customers Consider The Number Of Online Reviews As An Essential Factor In Their Buying Decision
Consumers value not just the quality or nature of the reviews, however they consider their quantity and recency as well.
The share of consumers, who take notice of the number of reviews is presently at 46%.
Source: Brightlocal
Consumers Might Spend 31 Percent More With A Business That Has Excellent Reviews
Take note of this fact. The more detailed other users explain your product or service, the more cash you can charge and customer review stats reveal to us exactly just how much more.
Source: Martech Zone
77% Of Buyers Do Not Trust Reviews That Are Older Than 3 Months
Customers don't care how great your product or service was in the past. Since they are fresh and relevant, is part of why online reviews matter.
Consumers understand businesses lose their touch all the time, which is why most of them find older reviews irrelevant.
It is for this reason that businesses need to be constantly requesting reviews.
Source: Statuslabs
US Buyers Regard "Product Performance" To Be The Most Helpful Information In Product Reviews
When individuals read reviews, they focus on various elements of the shopping experience. But according to online review statistics, 60% of them are most interested in the item's performance.
Client satisfaction, product quality and quality in time are the next few factors to consider for more than 50% of American clients.
Source: Statista
83% Of Clients Don't Trust Advertising
The conventional channels to reach consumers aren't as influential as they utilized to be. Many users who no longer trust advertisements select to pay attention to customers' suggestions online.
Source: Statuslabs
64 Percent Of Americans Concur That User-generated Content (customer Reviews) Improved Their Shopping Experience In 2017
30% of consumers who check out client reviews, agree that it increases their purchasing confidence.
Organizations utilize the reviews to improve their services and products.
"We all need people who will give us feedback. That's how we improve." -Bill Gates
Source: Statista
Positive Reviews Motivate 68 Percent Of Consumers To Use Local Businesses
Because the vast bulk of customers check out reviews, you'd want yours to be inviting to brand-new consumers, right? Keep them short, sweet and positive.
"Kind words can be short and easy to speak, but their echos are truly endless." -Mother Teresa
Source: Brightlocal
61% Of Regional Businesses Have A Typical Score Of 4 Or 5 Stars
Generally two-thirds of businesses have exceptional and great ratings. Just 5% of companies have a ranking below three stars.
Source: Brightlocal
Reviews Published On Twitter Can Increase Online Sales By 6.46%
Online review stats reveal that reviews shared on Twitter, do more to increase sales than those on any other social media platform.
Source: Yotpo