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Customers Could Invest 31% More With A Business That Has Terrific Reviews
Focus on this statistic. The more detailed other users describe your service or product, the more cash you can charge and customer review statistics reveal to us precisely how much more.
Source: Martech Zone
15 Percent Of Customers Don't Trust Businesses Without Any Online Reviews
No trust indicates no interactions. 15 percent of possible clients won't even consider working with a business they can't discover viewpoints about.
Source: Statuslabs
90 Percent Of Clients Need Less Than 10 Reviews To Form A Viewpoint About A Business
You know what individuals state about very first impressions?
Users get their impression of your businesses through reviews. Generally through less than 10 of them.
Consider asking your visitors to compose one if you don't have reviews on your site.
Source: Martech Zone
Negative Reviews Can Improve Conversion By As Much As 85%
It sounds crazy, however negative reviews can be a positive factor for users to spend more time on your website. According to online review stats, individuals devote more than 5 times as long on a site when they check out negative reviews.
More than two-thirds of users trust reviews more when there are a mix of negatives and positives. If there aren't any unfavorable ones, an overwhelming 95% suspect censorship or faked reviews.
Source: Reevoo
More Than Four Negative Reviews About A Company Or Product May Reduce Sales By 70 Percent
One negative review is enough for 35 percent of a site's visitors to decide not to buy. 3 negative reviews can cost a business 59% less sales.
Obviously, they can be compensated by the sheer number of positive reviews you get.
"It takes many good deeds to build a good reputation, and only one bad one to lose it." -Benjamin Franklin
Source: Martech Zone
Positive Reviews Motivate 68 Percent Of Consumers To Use A Local Business
Considering that the large bulk of customers read reviews, you'd want yours to be appealing to brand-new customers, 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
64 Percent Of Americans Agree That User-generated Content (client Reviews) Enhanced Their Shopping Experience In 2017
30% of customers who check out client reviews, agree that it increases their purchasing confidence.
Companies use the reviews to improve their products and services.
"We all need people who will give us feedback. That's how we improve." -Bill Gates
Source: Statista
Consumers Reading Reviews On A Mobile Device Are 127% More Likely To Buy Than Desktop Users
Mobile users prefer to get things done faster. For that reason, buying choices are made rapidly.
Online reviews are obviously persuasive, yet marketers have not necessarily come to value the power of them.
Source: Martech Zone
If They Were Asked, 77% Of Consumers Would Probably Post A Review
More than a 35% would leave a review to notify others about their consumer encounter and 24% would most likely direct their review to the business itself.
Over a 26% would be willing to leave a review to help other individuals with their choice making process.
Source: Podium
Most Best-selling Items Have A Typical Score Of 4.2 To 4.7
You can't make everyone happy, which is why perfect 5 star scores are suspicious. That's why it is abnormal to get perfect 5 star ratings.
According to consumer rating stats, conversion rates start to decrease as rankings rise above 4.7.
Source: Spiegel Research Center
77% Of Users Don't Trust Reviews That Are Older Than Three Months
Clients don't care how great your product or service was in the past. Because they are relevant and fresh, is part of why online reviews matter.
Customers know businesses lose their touch all the time, which is why most of them consider older reviews irrelevant.
It is for this reason that companies should to be continuously requesting reviews.
Source: Statuslabs
53% Of Consumers Expect Businesses To Reply Within A Week To Unfavorable Reviews
Online review stats show that 63% of client reviews remain without a reply. That's regrettable, due to the fact that those businesses are losing customers that way.
Source: Review Trackers
Just 6 Percent Of Customers Do Not Rely On Consumer Reviews At All
According to customer review statistics, a whopping 19% of customers constantly rely on online reviews and never a purchase without checking out reviews first.
Source: Statista
49 Percent Of Consumers Consider The Number Of Online Reviews As An Important Factor In Their Purchasing Decision
Customers value not only the quality or nature of the reviews, but they consider their number and recency as well.
The share of customers, who take note of the number of reviews is currently at 46%.
Source: Brightlocal
United States Buyers Regard "Product Performance" To Be The Most Valuable Info In Product Reviews
They focus on different aspects of the shopping experience when people read reviews. But according to online review statistics, 60% of them are most interested in the item's performance.
Customer satisfaction, product quality and quality with time are the next couple of factors to consider for more than 50% of USA consumers.
Source: Statista
61% Of Local Businesses Have A Typical Rating Of 4 Or 5 Stars
Overall two-thirds of companies have good and exceptional rankings. Just 5% of businesses have a score listed below 3 stars.
Source: Brightlocal