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Online Product Reviews About A Product Can Improve Its Conversion Rate By An Unprecedented 270 Percent
User review stats show the purchase likelihood for a product with 5 reviews is 270 percent higher than the same product without reviews.
Source: Spiegel Research Center
49 Percent Of Consumers Consider The Quantity Of Online Reviews As A Vital Consideration Of Their Buying Decision
Customers value not just the quality or nature of the reviews, however they consider their number and recency also.
The share of customers, who pay attention to the number of reviews is presently at 46%.
Source: Brightlocal
A Lot Of Local Companies Have Approximately 39 Google Reviews
Individuals like to share their experience after they have gone to a supplier. Online review trends show individuals choose to comment if they had a favorable experience, rather than a unfavorable or mediocre one.
Source: Brightlocal
54% Of Americans Pay The Most Attention To The Typical Star Score Of A Local Business
The star ranking is the first thing customers see. Still, users focus on other aspects also, like the quantity, recency, length, and belief of reviews. Each of these alone affects more than a third of USA consumers.
Source: Statista
70 Percent Of Consumers Need To Check Out A Minimum Of Four Reviews Before They Can Trust A Business
Four reviews may be too few. Most people read many more reviews to get a better idea of how business is in fact doing. Don't depend upon that figure alone.
Source: Brightlocal
Software Application Reviews Influence Over 98% Of All Buyers
18 percent of software buyers consider reviews to be an essential factor in the purchase process. Software application reviews have no effect whatsoever on just 2 percent of consumers. Two-thirds of them read more than six reviews to decide and 14% of them read more than 20 reviews.
Source: Capterra
88% Of Executives Regard Reputation Risk As A Leading Business Concern
Reputation management statistics suggest a business's reputation doesn't affect just the clients. Prospective employees likewise take a look at rankings and read reviews.
Source: Deloitte
A One Star Increase In Rating Can Lead To A 5% To 9% Increase In Business Revenue
Businesses that treat consumers well generally flourish, review websites help make certain of that.
Source: Statuslabs
53 Percent Of Americans Consider Product Reviews And Rankings As The Most Vital Part Of The Online Shopping Experience In 2018.
Today's buyers are wary and want the best bang for their dollar. It's no surprise that they consider checking out reviews as a big part of the buying decision.
Source: Statista
70% Of Consumers Choose To Learn About A Business By Means Of Reviews And Posts, Rather Than Advertisements
Ads are all well and good, however it deserves trying a different approach as well. Reviews are without a doubt the very best method to find the truth about a service or product.
Source: Statuslabs
74 Percent Of Regional Businesses Have At A Minimum, 1 Google Review
One review is far from enough to improve your site's SERP ranking.
Looking at online scores statistics, we discovered that a company needs to have approximately 40 reviews before consumers "Award" it with a star.
Source: Brightlocal