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The Majority Of Individuals Aged 25-34 Published Reviews
According to Statista, the younger generations are plainly the more vocal ones.
Source: Statista
74 Percent Of Local Companies Have At Least 1 Google Review
One review is far from enough to enhance your website's SERP ranking.
Looking at online ratings data, we learnt that a business requires to have at least 40 reviews before users "Award" it with a star.
Source: Brightlocal
77% Of Buyers Do Not Rely On Reviews That Are Older Than Three Months
Consumers don't care how good your product or service was in the past. Since they are fresh and relevant, is part of why online reviews matter.
Consumers understand businesses lose their touch all the time, which is why the majority of them consider older reviews irrelevant.
It is for this reason that companies should to be constantly requesting reviews.
Source: Statuslabs
A Lone Business Review Can Lift Its Conversions By 10%
Online review stats show user-generated content can do wonders in regards to conversions.
A single review can have an enormous effect on your business.
A hundred reviews can increase your conversion rates by as much as 37 percent. Two hundred can supply an astonishing 44 percent increase.
Source: RevLocal
More Than 4 Negative Reviews About A Business Or Product Might Decrease Sales By 70 Percent
One negative review is enough for 35% of a site's visitors to choose not to purchase. Three negative reviews can cost a business 59 percent less sales.
Of course, they can be compensated by the large variety 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
Customer Reviews On Items Are Trusted Nearly 12 Times More Than The Manufacturers' Descriptions
Word-of-mouth reviews are miles ahead of the manufacturers' description. Individuals trust other individuals opinions before they ever trust what the producer says. The reason, producers' descriptions are essentially advertisements.
Source: Martech Zone
One-half Of All Millennial's "Constantly" Check Out Online Reviews For Businesses
Younger individuals understand the value of being informed. User-generated content has an unassailable effect on customers.
They will recognize what they've been missing out on if businesses stop to think about the power of client reviews over millennials. Older individuals are different though, only 6% of individuals aged 55 or older check out reviews.
Source: Brightlocal
83 Percent Of Customers Don't Rely On Advertising
The conventional channels to reach consumers aren't as influential as they utilized to be. The majority of users who no longer trust ads select to pay attention to customers' suggestions online.
Source: Statuslabs
54% Of Americans Pay The Most Attention To The Average Star Ranking Of A Local Company
The star rating is the first thing customers see. Still, users focus on other elements as well, like the quantity, recency, length, and sentiment of reviews. Each of these alone affects more than a 3rd of USA customers.
Source: Statista
Online Item Reviews About A Product Can Improve Its Conversion Rate By More Than 270%
User review stats reveal the purchase possibility for an item with five reviews is 270 percent higher than the very same product without reviews.
Source: Spiegel Research Center
Since They Desire To Buy An Item Or A Service And Desire To Get The Truth About The Businesses Products And Services, 82% Of Customers Go To Review Sites.
Users come since they have currently formed a buying decision. The majority of them (89 percent) buy within a week of their visit.
Source: RevLocal