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Online Product Reviews About A Product Can Boost Its Conversion Rate By An Unprecedented 270%
User review statistics reveal the purchase likelihood for an item with five reviews is 270 percent higher than the very same product without reviews.
Source: Spiegel Research Center
72% Of Customers Won't Take Action Before 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 willing to hear you out, but they trust other individuals more.
Source: My Testimonial Engine
90% Of Site Visitors Need Less Than 10 Reviews To Form An Opinion About A Business
You know what people say about first impressions, right?
Users get their first impression of your businesses through reviews. Typically through less than 10 of them.
If you do not have reviews on your website, consider asking your visitors to write one.
Source: Martech Zone
86 Percent Of Consumers Would Think About Writing A Review For A Business
Your clients are your most valuable resource, and it's not just because of the money they invest at your business. They will be prepared to share it if you provide them an excellent experience.
Source: Brightlocal
A Solitary Business Review Can Raise Its Conversions By 10%
Online review statistics show user-generated content can do wonders in terms of conversions.
A single review can have a massive effect on your business.
A hundred reviews can boost your conversion rates by as much as 37%. 2 hundred can provide a mind-blowing 44 percent increase.
Source: RevLocal
91% Of Businesses Believe The Company's Star Rating Can Determine Whether They Win Or Lose A Prospective Team Member
The 86% of companies doubt the integrity of online reviews. Nevertheless, they realize the enormous impact user scores have on their business. Undesirable customer or employee reviews can affect 90% of job seekers.
Source: Career Arc
If They Were Asked, 77% Of Clients Would Post A Review
More than a 35% would post a review to advise others about their consumer encounter and 24% would rather direct their review to the company itself.
Over a 26% would want to leave a review to assist other people with their decision making process.
Source: Podium
52% Of Customers Rely On A Product More If It Has Negative Reviews Too
We already discussed the positive and negative reviews and their result on customers. However, all products have their faults, if all of a products reviews are positive, it raises red flags that maybe the reviews are fake. People expect to see some unfavorable reviews.
Source: Capterra
The Average Review Length Has Actually Gotten 65% Shorter Since 2010
In the present day reviews are much shorter, easier, and more straight to the point. The word count of a review in 2019 is similar to that of a tweet.
Source: Review Trackers
60 Percent Of Customers Seek Advice From Blog And Social Network Reviews On Their Cell Phones Prior To Shopping
In-store shopping is influenced significantly by blogs and reviews on social media. With males being twice as likely to be influenced than ladies.
Reviews and rating stats reveal individuals value the opinion of peers more than any other content.
Source: Collective Bias
Clients Could Invest 31 Percent More With A Business That Has Terrific Reviews
Pay attention to this fact. The more detailed other users explain your product or service, the more money you can charge and consumer review statistics show us exactly how much more.
Source: Martech Zone
61% Of Regional Businesses Have A Typical Score Of 4 To 5 Stars
Generally two thirds of companies have great and awesome rankings. Just 5% of businesses have a score listed below three stars.
Source: Brightlocal
More Than 4 Negative Reviews About A Company Or Service May Decrease Sales By 70 Percent
One negative review is enough for 35 percent of a site's visitors to decide not to buy. Three negative reviews can cost a business 59% less sales.
Of course, they can be compensated by the large number 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
One-half Of All Millennial's "Constantly" Check Out Online Reviews For Businesses
More youthful individuals know the value of being informed. User-generated content has an indisputable influence on customers.
If businesses think of the power of consumer reviews over millennials, they will understand what they've been missing out on. Older individuals are various though, just 6% of people aged 55 or older read reviews.
Source: Brightlocal
A One Star Increase In Score Can Lead To A 5% To 9% Increase In Business Earnings
Businesses that treat customers well normally prosper, review sites help ensure of that.
Source: Statuslabs
Buyers Checking Out Reviews On A Mobile Device Are 127 Percent More Likely To Buy Than Desktop Users
Mobile users prefer to get things done much faster. Purchasing decisions are made rapidly.
Online reviews are clearly persuasive, yet online marketers have not necessarily come to value the power of them.
Source: Martech Zone
91% Of Millennials Turn To Online Reviews As Much As Friends And Family
Online review stats put consumers' reviews as the most credible source of recommendations. Online reviews usually bring the same weight as suggestions from loved ones.
Source: Brightlocal
The Majority Of Customers Aged 25 To 34 Wrote Reviews
According to Statista, the younger generations are purportedly the more opinionated ones.
Source: Statista