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A One Star Increase In Rating Can Lead To A 5% To 9% Increase In Business Income
Businesses that treat customers fairly generally flourish, review sites help ensure of that.
Source: Statuslabs
The Majority Of Best Selling Items Have An Average Ranking 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 scores.
According to client rating statistics, conversion rates start to reduce as rankings rise above 4.7.
Source: Spiegel Research Center
91 Percent Of Millennials Trust Online Reviews As Much As Loved Ones
Online review statistics place consumers' reviews as the most reliable source of recommendations. Online reviews generally bring the exact same weight as advice from loved ones.
Source: Brightlocal
74% Of Regional Businesses Have At Least 1 Google Review
One review is far from enough to improve your website's SERP ranking.
Taking a look at online ratings stats, we discovered that a company needs to have at least 40 reviews before people "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 new car and there are several models which fit your criteria. How do you select the best one for you? Well, you read the reviews.
With the help of other consumers, you manage to decide on one that works for you. That's how positive reviews transform consumers into clients.
Source: Consumer Affairs
71% Of Millennials Browse Consumer Reviews Of Professional Services
Over half of all people in need of an expert service turn to online reviews.
According to online reviews data, 59% utilized online reviews to select a legal representative or a medical professional.
Young people (age 18-35) are a lot more likely to work with an expert based on online reviews. Only 19% of millennials will think about working with a lawyer without any.
Source: Thomson Reuters
60% Of Consumers Seek Advice From Blog And Social Media Network Reviews On Their Cell Phones Before Shopping
In-store shopping is influenced substantially by blogs and reviews on social networks. With males being two times as likely to be influenced than ladies.
Reviews and ranking statistics show individuals value the opinion of peers more than any other content.
Source: Collective Bias
49 Percent Of Customers Consider The Number Of Online Reviews As A Necessary Consideration Of Their Buying Decision
Customers value not only the quality or nature of the reviews, but they consider their number and recency too.
The share of clients, who pay attention to the variety of reviews is currently at 46 percent.
Source: Brightlocal
Online Product Reviews About An Item Can Raise Its Conversion Rate By A Staggering 270 Percent
User review statistics show the purchase likelihood for a product with five reviews is 270% higher than the very same product without reviews.
Source: Spiegel Research Center
70 Percent Of Consumers Choose To Find Out About A Business Through Short Articles And Reviews, Rather Than Advertisements
Advertisements are all well and good, but it's worth attempting a different approach also. Reviews are by far the best way to find the truth about a service or product.
Source: Statuslabs
A Single Business Review Can Lift Its Conversions By 10 Percent
Online review statistics reveal user-generated content can do wonders in terms of conversions.
A single review can have an enormous influence on your business.
A hundred reviews can increase your conversion rates by as much as 37 percent. 2 hundred can offer a mind-blowing 44 percent increase.
Source: RevLocal
82 Percent Of Customers Go To Review Sites Due To The Fact That They Want To Buy An Item Or A Service And Wish To Get The Facts About Business Services And Products.
Users come because they have actually currently formed a purchase decision. The majority of them (89%) purchase within a week of their visit.
Source: RevLocal
95% Of Travelers Read Online Reviews Prior To Reserving Travel Services
Leisure and business tourists alike read reviews to form a viewpoint. Business travelers read an average of 5 reviews vs. 6-7 for leisure travelers.
Source: Trust You
98% Of Yelp's Website Visitors Bought From A Business They Found On The Website
Normally, 142 million consumers check out Yelp every month. This is as good a time as any if you haven't claimed your complimentary Yelp business page.
Source: RevLocal