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Online Product Reviews About A Product Can Boost Its Conversion Rate By More Than 270%
User review statistics show the purchase possibility for an item with 5 reviews is 270% higher than the very same item without reviews.
Source: Spiegel Research Center
90% Of Customers Require Less Than 10 Reviews To Form A Viewpoint About A Business
You understand what people say about first impressions, right?
Users get their impression of your businesses through reviews. Generally through less than 10 of them.
Consider asking your visitors to write one if you don't have reviews on your website.
Source: Martech Zone
Just 44% Of Local Businesses Have Actually Accepted Their Google My Business Listing
That's 56 percent of your competition that aren't benefiting from their listing.
While business listings on the significant review platforms are complimentary, a remarkably low number of companies really utilize them.
Although we now know why customer reviews are so powerful, many businesses apparently do not.
Source: LsaInsider
61% Of Local Businesses Have A Typical Ranking Of 4 To 5 Stars
Typically 2 out of 3 businesses have outstanding and awesome scores. Only 5% of companies have a score below 3 stars.
Source: Brightlocal
54% Of Americans Pay The Most Attention To The Typical Star Ranking Of A Local Company
The star rating is the first thing consumers see. Still, users pay attention to other aspects also, like the amount, recency, length, and sentiment of reviews. Each of these alone influences more than a 3rd of USA customers.
Source: Statista
91% Of Millennials Have Confidence In Online Reviews As Much As Family And Friends
Online review statistics put clients' reviews as the most trustworthy source of recommendations. Online reviews generally carry the same weight as recommendations from loved ones.
Source: Brightlocal
98% Of Yelp's Website Visitors Bought From A Business They Found On The Site
Typically, 142 million customers go to Yelp on a monthly basis. This is as great a time as any if you have not declared your totally free Yelp business page.
Source: RevLocal
70% Of Consumers Choose To Find Out About A Business By Means Of Articles And Reviews, Instead Of Advertisements
Advertisements are all well and good, but it deserves trying a different approach also. Reviews are without a doubt the very best way to discover the truth about a product or service.
Source: Statuslabs
A One Star Increase In Rating Can Cause A 5% To 9% Increase In Business Profits
Businesses that treat clients fairly typically flourish, review sites help make sure of that.
Source: Statuslabs
Almost All Customers, Who Utilize Online Reviews, Read Them Early In The Purchasing Process
Let's say you wish to buy a new car and there are numerous models which fit your requirements. How do you select the very best one for you? Well, you read online reviews.
With the help of other consumers, you manage to select a model that works for you. That's how favorable reviews transform customers into consumers.
Source: Consumer Affairs
88% Of Executives Consider Reputation Risk As A Top Business Problem
Reputation management statistics show a business's reputation does not impact simply the customers. Potential employees also take a look at scores and take a look at reviews.
Source: Deloitte
53% Of Americans Consider Product Reviews And Ratings As The Most Vital Part Of Online Shopping.
Today's shoppers are wary and want the very best bang for their buck. It's not surprising that that they consider reading reviews as a big part of the buying decision.
Source: Statista
67% Of Customers Claim Reviews Are A "Extremely Crucial" Factor When Picking A Service Provider
When customers have to select a service provider, reviews have a massive effect on their decision.
Source: DemandGenReport