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

Facebook is presently the most popular social network which can also affect our purchasing decisions.

According to social reviews data, Facebook impacts the majority of users' purchase decisions.

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

Source: RevLocal

88% Of Executives View Reputation Risk As A Leading Business Problem

Reputation management stats suggest a company's reputation doesn't affect just the customers. Prospective employees also take a look at scores and read reviews.

Source: Deloitte

Due To The Fact That They Want To Acquire A Service Or A Product And Want To Get The Facts About The Businesses Items And Services, 82 Percent Of Consumers Visit Review Websites.

Review sites are locations that people go to get the facts about a item, service or business . Due to the fact that they have actually currently formed a buying decision, users come. The bulk of them (89%) buy within a week of their visit. And 29 percent do so in 24 hours.

Source: RevLocal

77% Of Consumers Would Certainly Submit A Review If They Were Asked

More than a 35% would submit a review to educate others about their customer experience and 24% would certainly direct their review to the business itself.

Over a 26% would be willing to leave a review to assist other individuals with their choice making process.

Source: Podium

89% Of Clients Read A Companies Responses To Reviews

Not only do the majority of clients read the review replies, 30% of them hold them in high regard. Practically 96% read the feedback to their own reviews.

Source: Brightlocal

70% Of Customers 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 too. Reviews are by far the very best method to find the truth about a service or product.

Source: Statuslabs

52% Of Customers Trust A Product More If It Has Unfavorable Reviews Also

We already discussed the negative and positive reviews and their result on consumers. However, all products have their faults, it raises red flags that perhaps the reviews are phony if all of a products reviews are positive. Consumers expect to see some negative reviews.

Source: Capterra

Negative Reviews Can Increase Conversion By Up To 85 Percent

It sounds insane, but negative reviews can be a positive force for users to devote more time on your site. According to online review stats, people devote more than five times as long on a site when they read negative reviews.

When there are a mix of positives and negatives, more than two-thirds of users trust reviews more. A frustrating 95% suspect censorship or faked reviews if there aren't any negative ones.

Source: Reevoo

95 Percent Of Travelers Check Out Online Reviews Prior To Scheduling Travel Services

Leisure and business travelers alike read reviews to form a viewpoint. Business travelers read an average of 5 reviews vs. 6-7 for leisure travelers. 59percent of all travelers report that they read reviews 'constantly' or 'really often'.

Source: Trust You

15% Of Consumers Do Not Trust Businesses Without Any Online Reviews

No trust implies no interactions. 15 percent of possible customers will not even consider working with a company they can't discover viewpoints about.

Source: Statuslabs

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

Today's shoppers are smart and desire the best bang for their buck. It's no surprise that they consider reading reviews as a huge part of the purchasing decision.

Source: Statista

Positive Reviews Encourage 68% Of Consumers To Use A Local Business

Given that the large majority of consumers check out reviews, you would want yours to be appealing to brand-new consumers? Keep them short, sweet and positive.

"Kind words can be short and easy to speak, but their echos are truly endless." -Mother Teresa

Source: Brightlocal

Online Item Reviews About A Product Can Improve Its Conversion Rate By An Unprecedented 270 Percent

User review stats show the purchase likelihood for a product with five reviews is 270% higher than the exact same item without reviews.

Source: Spiegel Research Center

Reviews Shared On Twitter Can Help Improve Revenues By 6.46%

Online review data reveal that reviews shared on Twitter, do more to boost sales than those on any other social media platform.

Source: Yotpo

83 Percent Of Consumers Don't Trust Advertising

The conventional channels to reach customers aren't as prominent as they utilized to be. The majority of users who no longer trust ads choose to pay attention to consumers' suggestions online.

Source: Statuslabs