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Since They Want To Purchase An Item Or A Service And Desire To Get The Truth About The Businesses Products And Services, 82% Of Customers Go To Review Websites.
Users come due to the fact that they have currently formed a buying decision. The majority of them (89 percent) purchase within a week of their visit.
Source: RevLocal
More Than 4 Negative Reviews About A Business Or Product May Reduce Sales By 70%
One negative review is enough for 35% of a site's visitors to decide not to buy. 3 negative reviews can cost a business 59% less sales.
Of course, they can be compensated by the large 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
60% Of Consumers Seek Advice From Blog And Social Network Reviews On Their Cell Phones Prior To Shopping
In-store purchasing is affected considerably by blogs and reviews on social media. With men being twice as likely to be influenced than women.
Reviews and score data show individuals value the viewpoint of peers more than any other content.
Source: Collective Bias
30% Of Consumers Feel Positive About A Business Which Responds To Online Reviews
Corresponding with your clients establishes trust. Even something as basic as reacting to their remarks and reviews can make them feel appreciated.
As you may expect, clients who feel this way are ready to invest more cash with a company.
Source: Statuslabs
Almost All Customers, Who Use Online Reviews, Read Them Early In The Buying Process
Let's say you wish to buy a new vehicle and there are a number of models which fit your requirements. How do you select the best one for you? Well, you read online reviews.
With the help of other consumers, you manage to pick a model that works for you. That's how favorable reviews transform consumers into customers.
Source: Consumer Affairs
72 Percent Of Clients Won't Take Action Before They Check Out Some Reviews
No matter how tempting your marketing is, you still require client reviews. There's no way around it. Consumers are still happy to hear you out, but they rely on other individuals more.
Source: My Testimonial Engine
A One Star Boost In Ranking Can Lead To A 5% To 9% Boost In Business Profits
Businesses that treat customers honorably normally flourish, review sites help make sure of that.
Source: Statuslabs
91% Of Businesses Think The Business'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 realize the massive effect user rankings have on their business. Unfavorable consumer or staff member reviews can influence 90% of job seekers.
Source: Career Arc
Only 44 Percent Of Local Businesses Have Actually Accepted Their Google My Business Listing
That's 56 percent of your competition that aren't making the most of their listing.
While business listings on the major review platforms are free, a surprisingly low number of businesses really make use of them.
Although we now understand why client reviews are so effective, a lot of businesses apparently don't.
Source: LsaInsider
A Lone Business Review Can Lift Its Conversions By 10 Percent
Online review stats show user-generated content can do miracles in terms of conversions.
A single review can have a substantial effect on your business.
A hundred reviews can increase your conversion rates by as much as 37 percent. 2 hundred can provide an astonishing 44 percent boost.
Source: RevLocal
Google Represents 57.5 Percent Of All Reviews Globally
Google is the clear winner as far as distribution goes, but they are not the only ones in the game.
These are the online reviews circulation rankings:
Google with 57.5%, Facebook with 19%, TripAdvisor at 8.4%, Yelp with 6.6% and Others at 8.6%.
Source: Review Trackers
53% Of Consumers Expect Companies To Answer Back Within A Week To Unfavorable Reviews
Online review statistics clarify that 63% of customer reviews stay without a response. That's regrettable, since those businesses are losing consumers that way.
Source: Review Trackers
54% Of Americans Pay The Most Attention To The Typical Star Rating Of A Local Business
The star rating is the first thing customers see. Still, users take note of other aspects also, like the quantity, recency, length, and sentiment of reviews. Each of these alone affects more than a third of USA consumers.
Source: Statista
91% Of Millennials Depend On Online Reviews As Much As Family And Friends
Online review stats put clients' reviews as the most trustworthy source of suggestions. Online reviews generally carry the exact same weight as advice from family and friends.
Source: Brightlocal
A Lot Of Best-selling Products Have A Typical Score Of 4.2 To 4.7
You can't make everybody happy, which is why perfect 5 star rankings are suspicious. That's why it is unnatural to get perfect 5 star scores.
According to customer rating stats, conversion rates start to decrease as ratings rise above 4.7.
Source: Spiegel Research Center
89% Of Clients Like To Read Reviews Using Their Mobile Phones
Be it via an app or a mobile web browser, consumers choose to read reviews on their mobile phones.
Source: Statista
98 Percent Of Yelp's Website Visitors Purchased From A Business They Found On The Site
Generally, 142 million consumers check out Yelp every month. If you have not claimed your complimentary Yelp business page, this is as great a time as any.
Source: RevLocal
Software Reviews Impact Over 98 Percent Of All Buyers
18 percent of software purchasers consider reviews to be a vital factor in the purchase process. Software reviews have no impact whatsoever on just 2 percent of consumers. Two thirds of them read more than six reviews to make up their mind and 14 percent of them read more than 20 reviews.
Source: Capterra