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More Than 4 Negative Reviews About A Business Or Product Might Reduce Sales By 70%
One negative review suffices for 35% of a site's visitors to decide not to buy. 3 negative reviews can cost a business 59% fewer sales.
Of course, 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
73 Percent Of Consumers Believe Client Reviews Are More Important Than Star And Number Ratings
Online review data make it clear people aren't satisfied with ratings alone.
Written reviews make the stats appear more genuine which is what the would-be consumers are looking for. Almost a 3rd of customers state composed reviews are the only function that makes them think the websites' reviews are pertinent and helpful.
Source: Fan and Fuel
54% Of Americans Pay The Most Attention To The Average Star Ranking Of A Local Company
The star rating is the first thing customers see. Still, users take notice of other aspects as well, like the amount, recency, length, and belief of reviews. Each of these alone affects more than a 3rd of United States customers.
Source: Statista
Reviews Are The Most Essential Part Of The Purchase Choice For Over 90% Of US Clients
24% of US shoppers consider reviews as 'incredibly influential'.
To illustrate the value of online reviews and ratings, did you know that 81 percent of consumers will pay more for a product with reviews and those same customers are likewise going to accept slower shipping times for such items.
Source: Turntonetworks
The Majority Of Local Companies Have Approximately 39 Google Reviews
People like to share their experience after they have gone to a vendor. Online review trends show individuals choose to comment if they had a favorable experience, instead of a negative or average one.
Source: Brightlocal
Positive Reviews Encourage 68 Percent Of Customers To Use A Local Business
Since the large majority of consumers read reviews, you'd want yours to be appealing to brand-new clients? 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
98% Of Yelp's Site Visitors Purchased From A Business They Found On The Website
Typically, 142 million customers go to Yelp on a monthly basis. This is as great a time as any if you haven't claimed your totally free Yelp business page.
Source: RevLocal
88% Of Americans Claimed That Product Reviews Were The Most Influential Factor When Purchasing Home Electronic Devices
Data reveal that reviews were more effective than Television advertisements at 37%, social media at 23% and display advertisements at 49%.
Source: Statista
Consumers Might Invest 31% More With A Business That Has Terrific Reviews
Pay attention to this fact. The better other users explain your product and services, the more cash you can charge and customer review stats show us exactly just how much more.
Source: Martech Zone
61% Of Local Businesses Have An Average Rating Of 4 Or 5 Stars
Generally two-thirds of companies have great and awesome scores. Only 5% of businesses have a rating below 3 stars.
Source: Brightlocal
Reviews Published On Twitter Can Boost Sales By 6.46%
Online review stats reveal that reviews shared on Twitter, do more to boost sales than those on any other social media platform.
Source: Yotpo