Facebook Reviews Impact More Than 50% Of Consumers' Purchasing Decisions

Facebook is presently the most popular social media which can likewise affect our buying preferences.

According to social media reviews statistics, Facebook impacts more than half of users' purchase decisions.

If it has positive reviews, Facebook reviews stats expose that 4 out of 5 users are more likely to rely on a local business.

Source: RevLocal

64% Of Americans Concur That User-generated Content (client Reviews) Enhanced Their Shopping Experience In 2017

30% of customers who check out customer reviews, agree that it increases their buying confidence.

Businesses use the reviews to enhance their services and products.

"We all need people who will give us feedback. That's how we improve." -Bill Gates

Source: Statista

30% Of Customers Feel Positive About A Business Which Reacts To Online Reviews

Keeping in touch with your consumers establishes trust. Even something easy like responding to their remarks and reviews can make them feel appreciated.

As you might anticipate, clients who feel this way are going to invest more money with a business.

Source: Statuslabs

Software Application Reviews Influence Over 98% Of All Buyers

18% of software buyers consider reviews to be a necessary factor in the purchase procedure. Software reviews have no effect whatsoever on only 2 percent of customers. Two-thirds of them read more than six reviews to decide and 14% of them read more than 20 reviews.

Source: Capterra

63.6 Percent Of Customers Check Out Google To Check For Reviews Of A Business

Thinking about the last stat, it comes as a surprise that Yelp (45%) and TripAdvisor (30%) come 2nd and 3rd, leaving Facebook (23%) at the end.

When it comes to trust, these online review stats reveal the basic popularity of a site can only go so far.

Source: Review Trackers

Only 6 Percent Of Customers Don't Rely On Client Reviews At All

According to consumer review statistics, a tremendous 19 percent of consumers constantly trust online reviews and never ever a purchase without reading reviews initially.

Source: Statista

83 Percent Of Consumers Don't Trust Advertising

The traditional channels to reach customers aren't as prominent as they used to be. Most users who no longer trust advertisements pick to pay attention to clients' recommendations online.

Source: Statuslabs

53 Percent Of Americans Consider Item Reviews And Scores As The Most Important Part Of The Online Shopping Experience In 2018.

Today's consumers are wary and want the very best bang for their buck. It's no wonder that they consider checking out reviews as a huge part of the purchasing decision.

Source: Statista

A Lone Business Review Can Lift Its Conversions By 10 Percent

Online review statistics show user-generated material can do wonders in regards to conversions.

A single review can have an enormous influence on your business.

A hundred reviews can increase your conversion rates by as much as 37 percent. Two hundred can offer an astonishing 44% boost.

Source: RevLocal

Clients Could Spend 31% More With A Business That Has Great Reviews

Focus on this fact. The better other users explain your service or product, the more cash you can charge and customer review statistics reveal to us exactly how much more.

Source: Martech Zone

88% Of Executives Regard Reputation Risk As A Top Business Problem

Reputation management statistics show a company's reputation doesn't impact just the consumers. Potential employees also look at rankings and take a look at reviews.

Source: Deloitte

89% Of Buyers Like To Read Reviews On Their Cell Phones

Be it through an app or a mobile browser, people young and old choose to read reviews on their smart phones.

Source: Statista

74 Percent Of Regional Businesses Have At Least One Google Review

One review is far from enough to enhance your site's SERP ranking.

Looking at online scores statistics, we learnt that a company needs to have a minimum of 40 reviews before visitors "Award" it with a star.

Source: Brightlocal

American Shoppers Regard "Product Performance" To Be The Most Valuable Information In Product Reviews

When individuals check out reviews, they concentrate on different aspects of the shopping experience. However according to online review statistics, 60% of them are most thinking about the item's performance.

Client satisfaction, product quality and quality with time are the next couple of factors to consider for more than 50% of American clients.

Source: Statista

Reviews Are The Third Most Prominent Ranking Element For Google's Local 3 Pack

Review signals (quantity, diversity, etc.) represent 15.44% of Google's algorithm for local ranking.

Just Google My Business signals, like distance and keywords account for 25.12%, and link signals at 16.53%, are more crucial than reviews as far as ranking elements go for the local 3 pack.

Source: Moz

77% Of Clients Don't Rely On Reviews That Are Older Than 3 Months

Consumers don't care how great your service or product was in the past. Part of why online reviews matter is since they are fresh and relevant.

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 companies need to be constantly asking for reviews.

Source: Statuslabs