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Facebook Reviews Affect More Than 50 Percent Of Consumers' Buying Decisions
Facebook is presently the most popular social media which can also affect our buying decisions.
According to social media reviews statistics, Facebook affects the majority of users' purchase decisions.
Facebook reviews stats expose that four out of five users are more likely to trust a local business if it has favorable reviews.
Source: RevLocal
Software Reviews Influence Over 98% Of All Buyers
18% of software purchasers consider reviews to be an important factor in the purchase process. Software application reviews have no effect whatsoever on only 2% of customers. Two thirds of them read more than six reviews to make up their mind and 14 percent of them read more than 20 reviews.
Source: Capterra
88% Of Executives Consider Reputation Risk As A Leading Business Issue
Reputation management stats suggest a business's reputation does not affect simply the clients. Prospective employees also take a look at rankings and read reviews.
Source: Deloitte
More Than Half Of Consumers Aged 25 To 34 Published Reviews
According to Statista, the younger generations are apparently the more vocal ones.
Source: Statista
Customer Reviews On Products Are Trusted Practically 12 Times More Than The Manufacturers' Descriptions
Word-of-mouth reviews are miles ahead of the producers' description. People trust other peoples viewpoints before they ever trust what the maker states. The reason, manufacturers' descriptions are basically ads.
Source: Martech Zone
More Than Four Negative Reviews About A Company Or Product Might 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 percent less sales.
Naturally, 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
70% Of Customers Need To Check Out A Minimum Of 4 Reviews Before They Can Trust A Business
Four reviews may be too few. Most people read a lot more reviews to get an idea of how business is actually doing. Don't depend upon that statistic alone.
Source: Brightlocal
89% Of Clients Choose To Read Reviews On Their Mobile Phones
Be it by means of an app or a mobile internet browser, people choose to read reviews on their phones.
Source: Statista
91% Of Businesses Believe The Company's Star Rating Can Determine Whether They Win Or Lose A Prospective Employee
The 86% of businesses doubt the integrity of online reviews. Nevertheless, they recognize the enormous effect user scores have on their business. Undesirable client or staff member reviews can influence 90% of job seekers.
Source: Career Arc
A One Star Boost In Rating Can Lead To A 5% To 9% Increase In Business Income
Businesses that treat customers honorably generally succeed, review websites help make certain of that.
Source: Statuslabs
Visitors Reading Reviews On A Mobile Phone Are 127% More Likely To Buy Than Desktop Users
Mobile users prefer to get things done much faster. Purchasing decisions are made quickly.
Online reviews are certainly convincing, yet marketers haven't necessarily come to value the power of them.
Source: Martech Zone
The Average Review Word Count Has Actually Gotten 65% Much Shorter Since 2010
At the present time reviews are much shorter, simpler, and more straight to the point. The length of a review in 2019 is proportionate to that of tweet from twitter.
Source: Review Trackers
77% Of Customers Would Certainly Leave A Review If They Were Asked
More than a 35% would do it to educate others about their customer encounter and 24% would rather direct their review to the company itself.
Over a 26% would be willing to leave a review to assist other individuals with their choice making process.
Source: Podium
77% Of Users Don't Rely On Reviews That Are Older Than 3 Months
Customers don't care how good your product or service was in the past. Part of why online reviews matter is since they are fresh and relevant.
Customers know 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 constantly requesting reviews.
Source: Statuslabs