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88% Of Americans Claimed That Product Reviews Were The Most Influential Factor When Purchasing Home Electronic Devices
Data reveal that reviews were more helpful than TV advertisements at 37%, social media at 23% and display advertisements at 49%.
Source: Statista
86 Percent Of Customers Would Consider Writing A Review For A Business
Your customers are your most valuable resource, and it's not only because of the cash they invest at your business. They will be willing to share it if you offer them a good experience.
Source: Brightlocal
Reviews Published On Twitter Can Boost Online Sales By 6.46 Percent
Online review stats show that reviews shared on Twitter, do more to boost sales than those on any other social media platform.
Source: Yotpo
89% Of Shoppers Choose To Read Reviews On Their Mobile Phones
Be it through an app or a mobile browser, people choose to read reviews on their phones.
Source: Statista
98% Of Yelp's Website Visitors Bought From A Business They Discovered On The Site
Usually, 142 million consumers visit Yelp on a monthly basis. If you haven't declared your totally free Yelp business page, this is as great a time as any.
Source: RevLocal
Facebook Reviews Affect More Than 50% Of Consumers' Buying Decisions
Facebook is presently the most popular social media which can likewise influence our buying decisions.
According to social reviews stats, Facebook impacts over half of users' purchase decisions.
Facebook reviews statistics reveal that 4 out of five users are most likely to rely on a local business if it has favorable reviews.
Source: RevLocal
53% Of Customers Expect Companies To Respond Within A Week To Negative Reviews
Online review stats show that 63% of consumer reviews remain without a reply. That's too bad, since those companies are losing customers that way.
Source: Review Trackers
88% Of Executives Judge Reputation Risk As A Top Business Problem
Reputation management stats suggest a business's reputation doesn't impact simply the consumers. Potential team members also take a look at rankings and take a look at reviews.
Source: Deloitte
Customers Might Invest 31% More With A Business That Has Great Reviews
Take notice of this statistic. The better other users explain your services or product, the more money you can charge and consumer review stats show us exactly how much more.
Source: Martech Zone
More Than 4 Negative Reviews About A Company Or Product Might Reduce Sales By 70%
One negative review suffices for 35% of a website's visitors to choose not to buy. Three negative reviews can cost a business 59% fewer sales.
Obviously, they can be compensated by the large number 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
63.6% Of Consumers Visit Google To Read Reviews Of A Business
Thinking about the last stat, it comes as a surprise that Yelp (45%) and TripAdvisor (30%) come second and third, leaving Facebook (23%) last.
These online review stats show the basic appeal of a website can only go so far when it concerns trust.
Source: Review Trackers
91% Of Millennials Have Confidence In Online Reviews As Much As Friends And Family
Online review statistics place clients' reviews as the most reliable source of suggestions. Online reviews normally carry the exact same weight as guidance from loved ones.
Source: Brightlocal