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Online Item Reviews About An Item Can Raise Its Conversion Rate By An Unprecedented 270%
User review stats show the purchase likelihood for an item with five reviews is 270 percent higher than the exact same product without reviews.
Source: Spiegel Research Center
Half Of All Millennial's "Constantly" Read Online Reviews For Businesses
More youthful individuals know the worth of being informed. User-generated material has an indisputable influence on consumers.
They will realize what they've been missing out on if businesses stop to think about the power of consumer reviews over millennials. Older people are various though, just 6% of people aged 55 or older read reviews.
Source: Brightlocal
Unfavorable Reviews Can Boost Conversion By Up To 85 Percent
It sounds crazy, but negative reviews can be a positive factor for users to spend more time on your site. According to online review stats, individuals devote more than 5 times as long on a website when they check out negative reviews.
When there are a mix of positives and negatives, more than two thirds of users trust reviews more. If there aren't any negative ones, a frustrating 95 percent suspect censorship or fabricated reviews.
Source: Reevoo
91% Of Companies Think The Company's Star Rating Can Determine Whether They Win Or Lose A Potential Team Member
The 86% of companies question the integrity of online reviews. Nonetheless, they realize the huge effect user ratings have on their business. Undesirable client or staff member reviews can influence 90% of job seekers.
Source: Career Arc
53 Percent Of Americans Consider Product Reviews And Ratings As The Most Important Part Of The Online Shopping Experience In 2018.
Today's shoppers are smart and want the very best bang for their dollar. It's not surprising that that they consider checking out reviews as a big part of the buying decision.
Source: Statista
91 Percent Of Millennials Depend On Online Reviews As Much As Loved Ones
Online review statistics place customers' reviews as the most reliable source of suggestions. Online reviews typically carry the same weight as advice from family and friends.
Source: Brightlocal
89% Of Customers Browse A Companies Reactions To Reviews
Not only do many shoppers check out the review replies, 30% of them value them highly. Practically 96% read the reactions to their own reviews.
Source: Brightlocal
72% Of Consumers Will Not Take Action Unless They Read Some Reviews
No matter how attractive your marketing is, you still need customer reviews. There is no other way around it. Clients are still happy to hear you out, however they rely on other individuals more.
Source: My Testimonial Engine
Only 44 Percent Of Local Companies Have Claimed Their Google My Business Listing
That's 56% of your competition that aren't benefiting from their listing.
While business listings on the significant review platforms are free, a remarkably low number of companies in fact utilize them.
Although we now understand why consumer reviews are so effective, many businesses apparently don't.
Source: LsaInsider
Consumers Might Spend 31 Percent More With A Business That Has Terrific Reviews
Take note of this fact. The more detailed other users describe your service or product, the more cash you can charge and consumer review statistics reveal to us precisely just how much more.
Source: Martech Zone
Positive Reviews Encourage 68% Of Consumers To Choose Local Businesses
Considering that the huge bulk of consumers read reviews, you'd want yours to be appealing to brand-new clients, right? 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
95 Percent Of Travelers Read Online Reviews Prior To Reserving Travel Services
Leisure and business tourists alike read reviews to form an opinion. Business tourists read an average of 5 reviews vs. 6-7 for leisure tourists.
Source: Trust You
The Majority Of Clients Aged 25 To 34 Published Reviews
According to Statista, the younger generations are purportedly the more vocal ones.
Source: Statista
74 Percent Of Regional Companies Have At Least 1 Google Review
A single review is far from adequate to enhance your site's SERP ranking.
Taking a look at online scores data, we found out that a company needs to have approximately 40 reviews before users "Award" it with a star.
Source: Brightlocal
Almost All Customers, Who Utilize Online Reviews, Read Them Very Early In The Purchasing Process
Let's say you wish to buy a brand-new vehicle and there are numerous models which fit your criteria. How do you choose the best one for you? Well, you read online reviews.
With the help of other people, you quickly choose one that works for you. That's how positive reviews convert consumers into customers.
Source: Consumer Affairs