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Online Product Reviews About An Item Can Raise Its Conversion Rate By A Whopping 270%
User review stats show the purchase probability for an item with five reviews is 270 percent higher than the very same product without reviews.
Source: Spiegel Research Center
When Purchasing Home Electronic Devices, 88% Of Americans Claimed That Product Reviews Were The Most Prominent Aspect
Statistics reveal that reviews were more effective than Television ads at 37%, social networks at 23% and display advertisements at 49%.
Source: Statista
70% Of Consumers Need To Read A Minimum Of 4 Reviews Before They Can Rely On A Business
4 reviews may be too few. The majority of people read many more reviews to get an idea of how the business is really doing. Don't depend upon that figure alone.
Source: Brightlocal
Only 44% Of Local Companies Have Actually Claimed Their Google My Business Listing
That's 56% of your competitors that aren't making the most of their listing.
While business listings on the significant review platforms are complimentary, a remarkably low number of businesses really make use of them.
Although we now understand why customer reviews are so powerful, a lot of businesses obviously do not.
Source: LsaInsider
53% Of Consumers Anticipate Companies To Answer Back Within A Week To Unfavorable Reviews
Online review stats show that 63% of client reviews stay without a reaction. That's regrettable, because those businesses are losing clients that way.
Source: Review Trackers
63.6% Of Consumers Visit Google To Check For Reviews Of A Business
Considering the last stat, it comes as a surprise that Yelp (45%) and TripAdvisor (30%) come second and 3rd, leaving Facebook (23%) at the bottom of the list.
When it comes to trust, these online review statistics reveal the general popularity of a site can just go so far.
Source: Review Trackers
Clients Could Spend 31% More With A Business That Has Great Reviews
Take note of this fact. The better other users explain your product or service, the more cash you can charge and consumer review statistics reveal to us precisely how much more.
Source: Martech Zone
91% Of Businesses Think The Company's Star Rating Can Determine Whether They Win Or Lose A Prospective Team Member
The 86% of businesses question the integrity of online reviews. However, they recognize the enormous effect user scores have on their business. Undesirable client or staff member reviews can influence 90% of job seekers.
Source: Career Arc
If A Business Makes An Effort To Resolve Issues Rapidly And Efficiently, 95% Of Dissatisfied Customers Will Go Back To A Business
Clients do not anticipate you to be perfect. They do expect you to take care of things when they go wrong. If there is nothing else a business can do to deal with an issue, a simple coupon can say "We are sorry" in a more attractive way.
Source: SocialMediaToday
More Than Half Of Customers Aged 25-34 Gave Reviews
According to Statista, the younger generations are obviously the more opinionated ones.
Source: Statista
72 Percent Of Customers Will Not Take Action Unless They Read Some Reviews
Regardless of how alluring your marketing is, you still require customer reviews. There is no other way around it. Customers are still going to hear you out, however they rely on other individuals more.
Source: My Testimonial Engine
Facebook Reviews Affect More Than 50 Percent Of Customers' Purchasing Decisions
Facebook is currently the most popular social network which can also influence our purchasing preferences.
According to social reviews stats, Facebook impacts over half of users' purchase choices.
Facebook reviews stats expose that 4 out of 5 users are most likely to rely on a local business if it has positive reviews.
Source: RevLocal
74 Percent Of Local Companies Have At Least 1 Google Review
One review is far from adequate to enhance your site's SERP ranking.
Taking a look at online rankings data, we found out that a company needs to have a minimum of 40 reviews before clients "Award" it with a star.
Source: Brightlocal