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A Lone Business Review Can Raise Its Conversions By 10%
Online review stats show user-generated material can do wonders in terms of conversions.
A single review can have an enormous influence on your business.
A hundred reviews can boost your conversion rates by as much as 37%. 2 hundred can supply a mind-blowing 44% boost.
Source: RevLocal
If They Were Asked, 77% Of Customers Would Undoubtedly Post A Review
More than a 35% would post a review to inform others about their client encounter and 24% would rather direct their review to the business itself.
Over a 26% would be willing to leave a review to assist other individuals with their choice making process.
Source: Podium
91 Percent Of Millennials Depend On Online Reviews As Much As Friends And Family
Online review stats position clients' reviews as the most credible source of recommendations. Online reviews usually bring the very same weight as advice from friends and family.
Source: Brightlocal
61% Of Regional Businesses Have A Typical Score Of 4 To 5 Stars
Overall two-thirds of businesses have outstanding and great scores. Only 5% of businesses have a score below 3 stars.
Source: Brightlocal
Almost All Customers, Who Utilize Online Reviews, Read Them Very Early In The Buying Process
Let's say you wish to purchase a new automobile and there are numerous models which fit your criteria. How do you pick the very best one for you? Well, you read the reviews.
With the help of other consumers, you manage to select one that works for you. That's how favorable reviews convert customers into clients.
Source: Consumer Affairs
91% Of Companies Believe The Business's Star Rating Can Determine Whether They Win Or Lose A Potential Team Member
The 86% of companies question the integrity of online reviews. Nevertheless, they recognize the huge effect user scores have on their business. Undesirable consumer or employee reviews can influence 90% of job seekers.
Source: Career Arc
Google Accounts For 57.5% Of All Reviews Globally
Google is the clear winner as far as circulation goes, but they are not the only ones in the game.
Here's the online reviews circulation rankings:
Google at 57.5%, Facebook with 19%, TripAdvisor at 8.4%, Yelp at 6.6% and Others with 8.6%.
Source: Review Trackers
More Than Half Of Clients Aged 25-34 Posted Reviews
According to Statista, the younger generations are clearly the more vocal ones.
Source: Statista
54% Of Americans Pay The Most Attention To The Typical Star Score Of A Local Organization
The star rating is the first thing customers see. Still, users take notice of other aspects as well, like the amount, recency, length, and sentiment of reviews. Each of these alone affects more than a 3rd of United States customers.
Source: Statista
Online Reviews Affect 67.7% Of Customer Purchasing Decisions
More than two-thirds of buyers concur online reviews are either a "Fairly decisive", "Very decisive", or "Absolutely decisive" part of their decision making experience.
Source: Moz
One-half Of All Millennial's "Constantly" Read Online Reviews For Companies
Younger individuals know the value of being informed. User-generated material has an indisputable impact on consumers.
If businesses think of the power of consumer reviews over millennials, they will realize what they've been missing out on. Older people are different though, only 6% of people aged 55 or older read reviews.
Source: Brightlocal
70 Percent Of Customers Choose To Learn About A Business Via Reviews And Short Articles, Rather Than Ads
Ads are all well and good, however it deserves attempting a different approach also. Reviews are by far the very best method to find the truth about a service or product.
Source: Statuslabs