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A Single Business Review Can Lift Its Conversions By 10%
Online review stats reveal user-generated content can do miracles in regards to conversions.
A single review can have a huge effect on your business.
A hundred reviews can raise your conversion rates by as much as 37 percent. Two hundred can provide an astonishing 44% increase.
Source: RevLocal
63.6% Of Consumers 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 second and 3rd, leaving Facebook (23%) at the end.
When it comes to trust, these online review stats reveal the basic popularity of a site can just go so far.
Source: Review Trackers
The Average Review Word Count Has Actually Become 65% Shorter Since 2010
Currently reviews are shorter, easier, and more straight to the point. The word count of a review in 2019 is similar to that of a tweet.
Source: Review Trackers
91% Of Millennials Have Confidence In Online Reviews As Much As Friends And Family
Online review statistics position clients' reviews as the most credible source of recommendations. Online reviews usually bring the very same weight as recommendations from family and friends.
Source: Brightlocal
Customers Might Spend 31% More With A Business That Has Terrific Reviews
Pay attention to this fact. The more detailed other users explain your product or service, the more money you can charge and customer review statistics show us precisely how much more.
Source: Martech Zone
83% Of Consumers Don't Rely On Advertising
The traditional channels to reach clients aren't as influential as they utilized to be. Many users who no longer trust ads choose to pay attention to consumers' suggestions online.
Source: Statuslabs
61 Percent Of Regional Businesses Have A Typical Rating Of 4 To 5 Stars
Overall 2 out of 3 businesses have excellent and exceptional ratings. Just 5% of businesses have a rating listed below three stars.
Source: Brightlocal
Reviews Are The Most Important Part Of The Purchase Decision For Over 90% Of USA Clients
24% of US consumers consider reviews as 'extremely influential'.
To show the importance of online reviews and rankings, did you understand that 81% of customers will pay more for a product with reviews and those same customers are also willing to accept slower shipping times for such products.
Source: Turntonetworks
74% Of Local Businesses Have At A Minimum, One Google Review
One review is far from adequate to improve your site's SERP ranking.
Looking at online rankings stats, we discovered that a company requires to have an average of 40 reviews before people "Award" it with a star.
Source: Brightlocal
98 Percent Of Yelp's Visitors Bought From A Business They Found On The Site
Generally, 142 million customers check out Yelp monthly. This is as excellent a time as any if you have not declared your totally free Yelp business page.
Source: RevLocal
Software Application Reviews Influence Over 98 Percent Of All Buyers
18% of software application purchasers consider reviews to be an important factor in the purchase procedure. Software application reviews have no effect whatsoever on just 2 percent of customers. Two-thirds of them read more than 6 reviews to decide and 14 percent of them read more than 20 reviews.
Source: Capterra
The Majority Of Popular Items Have An Average Rating Of 4.2 To 4.7
You can't make everybody happy, which is why perfect 5 star ratings are suspicious. That's why it is unnatural to get perfect 5 star scores.
According to consumer rating statistics, conversion rates start to reduce as ratings rise above 4.7.
Source: Spiegel Research Center
95 Percent Of Travelers Read Online Reviews Prior To Scheduling Travel Related Services
Leisure and business tourists alike read reviews to form an opinion. Business travelers read an average of 5 reviews vs. 6-7 for leisure travelers.
Source: Trust You