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Online Product Reviews About An Item Can Increase Its Conversion Rate By An Incredible 270%
User review statistics reveal the purchase likelihood for an item with five reviews is 270 percent higher than the very same product without reviews.
Source: Spiegel Research Center
Online Reviews Affect 67.7% Of Customer Purchasing Decisions
More than two-thirds of customers agree online reviews are either a "Fairly decisive", "Very decisive", or "Absolutely decisive" part of their decision making process.
Source: Moz
Half Of All Of The Millennial's "Always" Check Out Online Reviews For Businesses
More youthful individuals know the worth of being informed. User-generated content has an unassailable influence on consumers.
If businesses think of the power of client reviews over millennials, they will recognize what they've been losing out on. Older people are various though, only 6% of individuals aged 55 or older check out reviews.
Source: Brightlocal
77% Of Buyers Do Not Trust Reviews That Are Older Than Three Months
Customers don't care how good your product or service was in the past. Due to the fact that they are relevant and fresh, is part of why online reviews matter.
Customers know businesses lose their touch all the time, which is why the majority of them find older reviews unimportant.
It is for this reason that businesses ought to be constantly requesting reviews.
Source: Statuslabs
95 Percent Of Travelers Check Out Online Reviews Prior To Reserving Travel Services
Leisure and business travelers alike read reviews to form a viewpoint. Business tourists read an average of 5 reviews vs. 6-7 for leisure tourists.
Source: Trust You
15 Percent Of Users Don't Trust Businesses Without Any Online Reviews
No trust implies no interactions. 15% of possible consumers will not even think about doing business with a company they can't discover viewpoints about.
Source: Statuslabs
61 Percent Of Local Businesses Have An Average Score Of 4 To 5 Stars
Overall 2 out of 3 businesses have excellent and awesome ratings. Only 5% of companies have a score below three stars.
Source: Brightlocal
Reviews Shared On Twitter Can Improve Online Sales By 6.46%
Online review data show that reviews shared on Twitter, do more to grow sales than those on any other social network.
Source: Yotpo
74 Percent Of Local Companies Have At Least One Google Review
One review is far from adequate to improve your website's SERP ranking.
Taking a look at online rankings data, we discovered that a company requires to have approximately 40 reviews before consumers "Award" it with a star.
Source: Brightlocal
If It Has Unfavorable Reviews As Well, 52% Of Consumers Trust A Product More
We already discussed the positive and negative reviews and their impact on customers. However, all products have their faults, if all of a products reviews are positive, it raises red flags that maybe the reviews are phony. People expect to see some negative reviews.
Source: Capterra
73 Percent Of Customers Believe Written Reviews Are More Vital Than Star And Number Scores
Online review statistics make it clear individuals aren't satisfied with ratings alone.
Customer reviews make the stats appear more genuine which is what the potential clients are looking for. Almost a third of consumers say written reviews are the only feature that makes them believe the websites' reviews are beneficial and relevant.
Source: Fan and Fuel
64% Of Americans Agree That User-generated Content (consumer Reviews) Enhanced Their Shopping Experience In 2017
30% of customers who check out consumer reviews, agree that it increases their purchasing confidence.
Organizations 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
90% Of Site Visitors Require Less Than 10 Reviews To Form A Viewpoint About A Business
You understand what individuals say about first impressions?
Users get their impression of your businesses through reviews. Typically through less than 10 of them.
If you do not have reviews on your website, consider asking your visitors to compose one.
Source: Martech Zone