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Local Businesses Located In Sharpsburg KY
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15 Percent Of People Don't Trust Businesses Without Online Reviews
No trust means no interactions. 15% of possible clients won't even think about doing business with a company they can't find viewpoints about.
Source: Statuslabs
61 Percent Of Local Businesses Have An Average Ranking Of 4 To 5 Stars
Generally two thirds of businesses have outstanding and great rankings. Only 5% of businesses have a score below 3 stars.
Source: Brightlocal
70 Percent Of Consumers Need To Read At Least 4 Reviews Before They Can Trust A Business
Four reviews may be too few. Most people read much more reviews to get a clear view of how business is in fact doing. Do not depend upon that figure alone.
Source: Brightlocal
Online Reviews Impact 67.7% Of Consumer Purchasing Decisions
More than two thirds of buyers agree online reviews are either a "Fairly decisive", "Very decisive", or "Absolutely decisive" part of their decision making process.
Source: Moz
If It Has Unfavorable Reviews As Well, 52% Of Customers Trust A Product More
We already touched upon the positive and negative reviews and their effect on consumers. Nevertheless, all products have their faults, it raises red flags that possibly the reviews are fake if all of a products reviews are positive. Customers anticipate to see some unfavorable reviews.
Source: Capterra
Only 44% Of Local Businesses Have Claimed Their Google My Business Listing
That's 56% of your competition that aren't taking advantage of their listing.
While business listings on the significant review platforms are complimentary, a surprisingly low number of businesses actually utilize them.
Although we now understand why client reviews are so effective, the majority of businesses obviously do not.
Source: LsaInsider
US Consumers View "Product Performance" To Be The Most Useful Information In Product Reviews
When individuals check out reviews, they concentrate on different elements of the shopping experience. However according to online review stats, 60% of them are most thinking about the product's performance.
Customer satisfaction, product quality and quality in time are the next couple of factors to consider for more than 50% of US clients.
Source: Statista
More Than 4 Negative Reviews About A Company Or Product Might Reduce Sales By 70 Percent
One negative review is enough for 35 percent of a site's visitors to decide not to purchase. Three negative reviews can cost a business 59% less sales.
Obviously, they can be compensated by the sheer 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
53% Of Customers Anticipate Companies To Reply Within A Week To Negative Reviews
Online review statistics prove that 63% of customer reviews remain without a reply. That's too bad, due to the fact that those companies are losing consumers that way.
Source: Review Trackers
83% Of All Young Customers Were Invited To Leave A Review Recently
Of those invited, 80% of clients did submit a review. Overall, businesses have actually asked 66% of all customers to submit a review on their company.
Source: Brightlocal
53% Of Americans Consider Item Reviews And Ratings As The Most Vital Part Of Online Shopping.
Today's buyers are smart and want the best bang for their dollar. It's not surprising that that they consider checking out reviews as a big part of the buying decision.
Source: Statista