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Over Half Of Shoppers Aged 25-34 Submitted Reviews
According to Statista, the younger generations are reportedly the more opinionated ones.
Source: Statista
70% Of Customers Need To Read A Minimum Of Four Reviews Before They Can Rely On A Business
Four reviews may be too few. Many people read much more reviews to get a clear view of how business is actually doing. Don't depend on that statistic alone.
Source: Brightlocal
A Lot Of Popular Products Have A Typical Rating Of 4.2 To 4.7
You can't make everybody delighted, which is why perfect 5 star ratings are suspicious. Somebody always has a little bit of a gripe. That's why it is abnormal to get perfect 5 star scores. Sometimes a lower score really helps your overall score.
According to customer rating statistics, conversion rates begin to reduce as ratings rise above 4.7.
Source: Spiegel Research Center
61% Of Regional Businesses Have A Typical Score Of 4 Or 5 Stars
Typically 2 out of 3 businesses have excellent and great scores. Only 5% of businesses have a rating listed below 3 stars.
Source: Brightlocal
49 Percent Of Consumers Consider The Number Of Online Reviews As An Essential Consideration Of Their Buying Decision
Consumers value not only the quality or nature of the reviews, but they consider their quantity and recency as well.
The share of clients, who pay attention to the variety of reviews is presently at 46 percent.
Source: Brightlocal
More Than Four Negative Reviews About A Business Or Product Might Reduce Sales By 70%
One negative review is enough for 35% of a website's visitors to decide not to buy. 3 negative reviews can cost a business 59 percent fewer sales.
Obviously, they can be compensated by the sheer 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
A One Star Boost In Rating Can Result In A 5% To 9% Increase In Business Earnings
Businesses that treat customers well normally succeed, review websites help make certain of that.
Source: Statuslabs
71% Of Millennials Search Customer Reviews Of Expert Services
More than half of all individuals in need of an expert service rely on online reviews.
According to online reviews data, 59% utilized online reviews to select a legal representative or a doctor.
Younger people (age 18-35) are a lot more likely to hire an expert based upon online reviews. Just 19% of millennials will think about hiring an attorney without any.
Source: Thomson Reuters
If A Company Makes An Effort To Resolve Issues Quickly And Efficiently, 95% Of Disappointed Customers Will Return To A Company
Customers do not anticipate you to be perfect. They do anticipate you to take care of things when they go wrong. If there is absolutely nothing else a business can do to resolve a problem, a simple coupon can say "We are sorry" in a more attractive way.
Source: SocialMediaToday
Most Local Companies Have An Average Of 39 Google Reviews
People like to share their experience after they've gone to a supplier. Online review trends reveal individuals prefer to comment if they had a favorable experience, instead of a negative or average one.
Source: Brightlocal
53% Of Consumers Anticipate Businesses To Reply Within A Week To Unfavorable Reviews
Online review stats reveal that 63% of consumer reviews stay without a response. That's regrettable, due to the fact that those businesses are losing clients that way.
Source: Review Trackers
60 Percent Of Customers Refer To Blog And Social Network Reviews On Their Mobile Devices Prior To Shopping
In-store purchasing is influenced substantially by blogs and reviews on social media. With men being twice as likely to be influenced than women.
Reviews and ranking stats reveal people value the opinion of peers more than any other material.
Source: Collective Bias