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Online Item Reviews About An Item Can Amplify Its Conversion Rate By More Than 270 Percent
User review stats show the purchase probability for an item with five reviews is 270 percent higher than the exact same product without reviews.
Source: Spiegel Research Center
30% Of Clients Feel Comfortable With A Company Which Answers Online Reviews
Communicating with your consumers creates trust. Even something as basic as reacting to their remarks and reviews can make them feel appreciated.
As you might anticipate, clients who feel this way are going to spend more cash with a business.
Source: Statuslabs
64% Of Americans Agree That User-generated Content (consumer Reviews) Enhanced Their Shopping Experience In 2017
30% of consumers who read client reviews, concur that it increases their buying confidence.
Companies 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
The Majority Of Shoppers Aged 25 To 34 Submitted Reviews
According to Statista, the more youthful generations are purportedly the more vocal ones.
Source: Statista
89% Of Consumers Prefer To Read Reviews Using Their Smartphones
Be it via an app or a mobile web browser, clients prefer to read reviews on their phones.
Source: Statista
Only 44% Of Local Businesses Have Accepted Their Google My Business Listing
That's 56% of your competition that aren't benefiting from their listing.
While business listings on the major review platforms are totally free, a surprisingly low number of businesses really use them.
Although we now understand why customer reviews are so powerful, a lot of businesses apparently do not.
Source: LsaInsider
Clients Could Spend 31 Percent More With A Business That Has Great Reviews
Pay attention to this statistic. The better other users explain your product and services, the more money you can charge and customer review stats show us precisely how much more.
Source: Martech Zone
77% Of Individuals Don't Rely On Reviews That Are Older Than 3 Months
Clients don't care how good your service or product was in the past. Because they are relevant and fresh, is part of why online reviews matter.
Customers know businesses lose their touch all the time, which is why most of them find older reviews irrelevant.
It is for this reason that businesses should to be constantly requesting reviews.
Source: Statuslabs
A Lone Business Review Can Lift Its Conversions By 10 Percent
Online review statistics reveal user-generated material can do miracles in terms of conversions.
A single review can have a massive effect on your business.
A hundred reviews can raise your conversion rates by as much as 37 percent. 2 hundred can supply an astonishing 44% increase.
Source: RevLocal
49 Percent Of Consumers Consider The Quantity Of Online Reviews As An Essential Consideration Of Their Buying Decision
Customers value not just the quality or nature of the reviews, however they consider their quantity and recency also.
The share of clients, who focus on the variety of reviews is currently at 46 percent.
Source: Brightlocal
The Majority Of Local Businesses Have Approximately 39 Google Reviews
People like to share their experience after they've visited a vendor. Online review trends reveal people choose to comment if they had a favorable experience, rather than a unfavorable or average one.
Source: Brightlocal