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Reviews Published On Twitter Can Boost Sales By 6.46 Percent
Online review stats reveal that reviews shared on Twitter, do more to boost sales than those on any other social media platform.
Source: Yotpo
53 Percent Of Americans Consider Product Reviews And Scores As The Most Vital Part Of Online Shopping.
Today's buyers are smart and desire the very best bang for their buck. It's not surprising that that they consider checking out reviews as a huge part of the purchasing decision.
Source: Statista
Online Item Reviews About An Item Can Increase Its Conversion Rate By More Than 270%
User review statistics reveal the purchase probability for an item with 5 reviews is 270% higher than the same product without reviews.
Source: Spiegel Research Center
61 Percent Of Local Businesses Have A Typical Score Of 4 To 5 Stars
Overall two thirds of businesses have exceptional and awesome rankings. Only 5% of businesses have a score below three stars.
Source: Brightlocal
52% Of Consumers Trust A Product More If It Has Negative Reviews Too
We already touched upon the negative and positive reviews and their effect on customers. Nevertheless, all products have their faults, if all of a products reviews are positive, it raises warnings that possibly the reviews are phony. Consumers expect to see some unfavorable reviews.
Source: Capterra
A One Star Boost In Score Can Result In A 5% To 9% Increase In Business Profits
Businesses that treat clients fairly normally prosper, review sites help ensure of that.
Source: Statuslabs
More Than Half Of Consumers Won't Use A Business If It Has Less Than A 4 Star Ranking
This stat is among numerous that illustrate the value of online rankings. Now that news of customer fulfillment travels this fast, keeping your consumers delighted is more crucial than ever.
57% of customers have searched for companies with more than 4 stars in 2018, which is up from 48 percent in 2017.
Additionally, 11% looked only for businesses with an ideal five star rating.
Source: Brightlocal
When Buying Home Electronics, 88% Of Americans Reported That Product Reviews Were The Most Prominent Factor
Statistics reveal that reviews were more effective than TV advertisements at 37%, social media at 23% and display advertisements at 49%.
Source: Statista
67% Of Customers Suggest Reviews Are A "Extremely Important" Factor When Selecting A Service Provider
When clients have to select a solution provider, reviews have a huge impact on their decision.
Source: DemandGenReport
30% Of Customers Feel Comfortable With A Company Which Answers Online Reviews
Corresponding with your clients develops trust. Even something as basic as reacting to their reviews and remarks can make them feel appreciated.
As you may expect, customers who feel this way are more willing to invest more cash with a business.
Source: Statuslabs
Just 44% Of Local Companies Have Accepted Their Google My Business Listing
That's 56% of your competition that aren't making the most of their listing.
While business listings on the major review platforms are complimentary, a surprisingly low number of businesses really make use of them.
Although we now understand why customer reviews are so powerful, most businesses obviously do not.
Source: LsaInsider
15 Percent Of Buyers Do Not Trust Businesses Without Any Online Reviews
No trust suggests no interactions. 15% of possible customers won't even consider doing business with a company they can't find opinions about.
Source: Statuslabs