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Online Product Reviews About A Product Can Improve Its Conversion Rate By An Incredible 270%
User review statistics show the purchase possibility for a product with 5 reviews is 270% higher than the very same product without reviews.
Source: Spiegel Research Center
70 Percent Of Customers Choose To Discover A Business Through Reviews And Articles, Rather Than Ads
Advertisements are all well and good, but it deserves trying a different approach as well. Reviews are by far the best method to find the truth about a product or service.
Source: Statuslabs
Reviews Are The Most Crucial Part Of The Purchase Decision For Over 90% Of US Clients
24% of US shoppers consider reviews as 'incredibly influential'.
To show the importance of online reviews and scores, did you know that 81% of consumers will pay more for a product with reviews and those very same clients are also willing to accept slower shipping times for such items.
Source: Turntonetworks
Reviews Published On Twitter Can Increase Sales By 6.46 Percent
Online review data reveal that reviews shared on Twitter, do more to increase sales than those on any other social media platform.
Source: Yotpo
More Than Four Negative Reviews About A Business Or Product May Reduce Sales By 70%
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 percent less sales.
Of course, 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
Consumers Could Spend 31 Percent More With A Business That Has Excellent Reviews
Focus on this statistic. The more detailed other users describe your services or product, the more money you can charge and customer review stats show us exactly how much more.
Source: Martech Zone
Only 6 Percent Of Consumers Do Not Trust Consumer Reviews At All
According to client review statistics, a whopping 19 percent of consumers constantly trust online reviews and never a make a purchase without checking out reviews.
Source: Statista
Only 44% Of Local Companies Have Actually Claimed Their Google My Business Listing
That's 56 percent of your competitors that aren't making the most of their listing.
While business listings on the major review platforms are free, a surprisingly low number of businesses in fact use them.
Although we now understand why customer reviews are so effective, a lot of businesses apparently don't.
Source: LsaInsider
90% Of Visitors Require Less Than 10 Reviews To Form A Viewpoint About A Business
You understand what individuals say about first impressions, right?
Users get their impression of your businesses through reviews. Usually through less than 10 of them.
If you do not have reviews on your website, think about asking your visitors to write one.
Source: Martech Zone
91% Of Businesses Think The Business's Star Rating Can Determine Whether They Win Or Lose A Prospective Employee
The 86% of businesses doubt the integrity of online reviews. Nonetheless, they recognize the enormous effect user rankings have on their business. Undesirable customer or staff member reviews can affect 90% of job seekers.
Source: Career Arc
70 Percent Of Customers Need To Read A Minimum Of Four Reviews Before They Can Trust A Business
Four reviews may be too few. Many people check out many more reviews to get a clear view of how business is really doing. Do not depend upon that fact alone.
Source: Brightlocal
Positive Reviews Encourage 68% Of Consumers To Use Local Businesses
Considering that the huge majority of consumers read reviews, you'd want yours to be appealing to brand-new clients, right? 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
Almost All Consumers, Who Use Online Reviews, Read Them Early On In The Purchasing Process
Let's say you want to purchase a new car and there are several models which fit your requirements. How do you select the very best one for you? Well, you read the reviews.
With the help of other customers, you manage to pick one that works for you. That's how positive reviews convert consumers into customers.
Source: Consumer Affairs
When Buying Home Electronic Devices, 88% Of Americans Stated That Product Reviews Were The Most Prominent Element
Statistics reveal that reviews were more helpful than Television advertisements at 37%, social media at 23% and display advertisements at 49%.
Source: Statista
71% Of Millennials Search Customer Reviews Of Professional Services
More than half of all people in need of an expert service rely on online reviews.
According to online reviews data, 59% used online reviews to choose a legal representative or a physician.
Young people (age 18-35) are much more likely to work with a professional based upon online reviews. Only 19% of millennials will think about working with a legal representative without any.
Source: Thomson Reuters
83% Of All Young Buyers Were Asked To Leave A Review Recently
Of those invited, 80% of customers did leave a review. In general, businesses have actually asked 66% of all customers to leave a review on their company.
Source: Brightlocal