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Reviews Shared On Twitter Can Boost Revenues By 6.46%
Online review data reveal that reviews shared on Twitter, do more to grow sales than those on any other social network.
Source: Yotpo
52% Of Customers Rely On A Product More If It Has Negative Reviews As Well
We already touched upon the negative and positive 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. Consumers anticipate to see some negative reviews.
Source: Capterra
61 Percent Of Local Businesses Have A Typical Ranking Of 4 Or 5 Stars
Overall two-thirds of companies have good and outstanding rankings. Just 5% of companies have a ranking below 3 stars.
Source: Brightlocal
Favorable Reviews Motivate 68 Percent Of Customers To Use Local Businesses
Considering that the large bulk of consumers check out reviews, you'd want yours to be appealing to brand-new clients? Keep them short, positive and sweet.
"Kind words can be short and easy to speak, but their echos are truly endless." -Mother Teresa
Source: Brightlocal
70 Percent Of Customers Need To Read A Minimum Of Four Reviews Before They Can Rely On A Business
Four reviews may be too few. Most people read a lot more reviews to get a better idea of how the business is actually doing. Do not depend on that figure alone.
Source: Brightlocal
91 Percent Of Millennials Trust Online Reviews As Much As Loved Ones
Online review stats position clients' reviews as the most trustworthy source of suggestions. Online reviews usually carry the very same weight as advice from loved ones.
Source: Brightlocal
Almost All Consumers, Who Use Online Reviews, Read Them Early On In The Buying Process
Let's say you wish to purchase a brand-new car and there are several models which fit your requirements. How do you select the best one for you? Well, you read online reviews.
With the help of other people, you manage to decide on a model that works for you. That's how favorable reviews convert consumers into consumers.
Source: Consumer Affairs
If They Were Asked, 77% Of Consumers Would Likely Leave A Review
More than a 35% would do it to educate others about their client encounter and 24% would most likely direct their review to the business itself.
Over a 26% would want to submit a review to help other individuals with their decision making process.
Source: Podium
86% Of Customers Would Think About Composing A Review For A Business
Your consumers are your most valuable resource, and it's not just because of the cash they spend at your business. They will be prepared to share it if you give them an excellent experience.
Source: Brightlocal
74 Percent Of Local Companies Have At Least 1 Google Review
One review is far from adequate to improve your website's SERP ranking.
Taking a look at online scores data, we found out that a company needs to have at least 40 reviews before visitors "Award" it with a star.
Source: Brightlocal
53% Of Americans Consider Product Reviews And Ratings As The Most Crucial Part Of Online Shopping.
Today's shoppers are wary and want the best bang for their dollar. It's no surprise that they consider reading reviews as a huge part of the purchasing decision.
Source: Statista
15 Percent Of Consumers Do Not Trust Businesses Without Any Online Reviews
No trust means no interactions. 15 percent of possible customers will not even consider working with a company they can't discover viewpoints about.
Source: Statuslabs