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53% Of Americans Consider Product Reviews And Ratings As The Most Crucial 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 reading reviews as a big part of the buying decision.
Source: Statista
Reviews Shared On Twitter Can Grow Revenues By 6.46%
Online review stats show that reviews shared on Twitter, do more to increase sales than those on any other social media platform.
Source: Yotpo
91% Of Companies Believe The Company's Star Rating Can Determine Whether They Win Or Lose A Possible Employee
The 86% of companies doubt the integrity of online reviews. However, they realize the massive effect user ratings have on their business. Undesirable client or employee reviews can affect 90% of job seekers.
Source: Career Arc
83% Of All Young Shoppers Were Invited To Post A Review Recently
Of those asked, 80% of clients did give a review. Overall, businesses have actually asked 66% of all customers to post a review on their company.
Source: Brightlocal
If It Has Negative Reviews As Well, 52% Of Consumers Trust An Item More
We already discussed the negative and positive reviews and their impact on consumers. However, all products have their faults, if all of a products reviews are positive, it raises warnings that perhaps the reviews are phony. Consumers anticipate to see some unfavorable reviews.
Source: Capterra
63.6 Percent Of Customers Go To Google To Check For Reviews Of A Business
Thinking about the last stat, it comes as a surprise that Yelp (45%) and TripAdvisor (30%) come 2nd and third, leaving Facebook (23%) at the bottom of the list.
These online review stats reveal the basic appeal of a site can only presume when it comes to trust.
Source: Review Trackers
90 Percent Of Buyers Need Less Than 10 Reviews To Form An Opinion About A Business
You understand what people state about very first impressions?
Users get their first impression of your businesses through reviews. Generally through less than 10 of them.
If you do not have reviews on your site, consider asking your visitors to compose one.
Source: Martech Zone
72 Percent Of Customers Will Not Take Action Unless They Read Some Reviews
Irrespective of how alluring your marketing is, you still need client reviews. There is no skirting around it. Consumers are still happy to hear you out, however they rely on other individuals more.
Source: My Testimonial Engine
A One Star Boost In Score Can Result In A 5% To 9% Increase In Business Profits
Businesses that treat customers honorably normally flourish, review sites help ensure of that.
Source: Statuslabs
Online Product Reviews About A Product Can Boost Its Conversion Rate By More Than 270 Percent
User review statistics reveal the purchase likelihood for a product with five reviews is 270 percent higher than the very same product without reviews.
Source: Spiegel Research Center
74 Percent Of Local Companies Have At Least One Google Review
A single review is far from adequate to enhance your site's SERP ranking.
Taking a look at online scores stats, we learnt that a company needs to have an average of 40 reviews before consumers "Award" it with a star.
Source: Brightlocal
Software Reviews Impact Over 98% Of All Buyers
18 percent of software application buyers consider reviews to be a vital factor in the purchase procedure. Software reviews have no impact whatsoever on only 2 percent of consumers. Two thirds of them read more than 6 reviews to decide and 14% of them read more than 20 reviews.
Source: Capterra