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Customers Could Invest 31 Percent More With A Business That Has Excellent Reviews
Take note of this fact. The better other users describe your services or product, the more cash you can charge and consumer review statistics show us precisely how much more.
Source: Martech Zone
American Shoppers View "Product Performance" To Be The Most Useful Info In Product Reviews
When people read reviews, they focus on different aspects of the shopping experience. But according to online review stats, 60% of them are most thinking about the product's performance.
Client satisfaction, product quality and quality in time are the next few considerations for more than 50% of US customers.
Source: Statista
Online Item Reviews About An Item Can Boost Its Conversion Rate By More Than 270 Percent
User review statistics reveal the purchase likelihood for a product with 5 reviews is 270 percent higher than the same product without reviews.
Source: Spiegel Research Center
15% Of Users Don't Trust Businesses Without Any Online Reviews
No trust implies no interactions. 15% of potential consumers will not even consider working with a company they can't discover viewpoints about.
Source: Statuslabs
Online Reviews Affect 67.7% Of Customer Buying Decisions
More than two thirds of consumers agree online reviews are either a "Fairly decisive", "Very decisive", or "Absolutely decisive" part of their decision making process.
Source: Moz
More Than Four Negative Reviews About A Business Or Product May Reduce Sales By 70%
One negative review is enough for 35 percent of a website's visitors to decide not to buy. Three negative reviews can cost a business 59% fewer sales.
Naturally, they can be compensated by the large 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
Software Application Reviews Impact Over 98 Percent Of All Buyers
18% of software purchasers consider reviews to be a vital factor in the purchase process. Software reviews have no impact whatsoever on just 2% of consumers. Two thirds of them read more than six reviews to decide and 14% of them read more than 20 reviews.
Source: Capterra
49% Of Consumers Consider The Number Of Online Reviews As An Essential Consideration Of Their Buying Decision
Customers value not only the quality or nature of the reviews, but they consider their quantity and recency also.
The share of consumers, who pay attention to the number of reviews is presently at 46%.
Source: Brightlocal
67% Of Consumers Claim Reviews Are A "Extremely Crucial" Factor When Selecting A Service Provider
When consumers have to select a solution provider, reviews have a massive effect on their decision.
Source: DemandGenReport
Reviews Shared On Twitter Can Increase Revenues By 6.46 Percent
Online review statistics show that reviews shared on Twitter, do more to grow sales than those on any other social media platform.
Source: Yotpo
90% Of Visitors Require Less Than 10 Reviews To Form An Opinion About A Business
You know what individuals state about first impressions?
Users get their first impression of your businesses through reviews. Usually through less than 10 of them.
Consider asking your visitors to write one if you do not have reviews on your site.
Source: Martech Zone
89% Of Shoppers Like To Read Reviews On Their Smartphones
Be it through an app or a mobile internet browser, everyday people choose to read reviews on their mobile phones.
Source: Statista