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Facebook Reviews Affect More Than 50% Of Customers' Purchasing Decisions
Facebook is presently the most popular social network which can also affect our buying decisions.
According to social media reviews data, Facebook affects over half of users' purchase decisions.
If it has favorable reviews, Facebook reviews stats reveal that four out of five users are more likely to rely on a local business.
Source: RevLocal
Software Application Reviews Influence Over 98 Percent Of All Purchasers
18 percent of software purchasers consider reviews to be an essential factor in the purchase process. Software application reviews have no effect whatsoever on just 2 percent of customers. Two-thirds of them read more than 6 reviews to make up their mind and 14% of them read more than 20 reviews.
Source: Capterra
73% Of Customers Think Customer Reviews Are More Crucial Than Star And Number Ratings
Online review stats make it clear people aren't satisfied with scores alone.
Consumer reviews make the stats appear more authentic which is what the potential consumers are trying to find. Almost a 3rd of consumers state written reviews are the only feature that makes them think the websites' reviews are useful and relevant.
Source: Fan and Fuel
Since They Want To Acquire A Service Or An Item And Desire To Get The Truth About The Businesses Products And Services, 82% Of Consumers Go To Review Sites.
Review websites are places that people go to get the truth about a service, business or product . Because they have currently formed a purchase decision, users come. The majority of them (89%) buy within a week of their visit. And 29% do so within 24 hours.
Source: RevLocal
49% Of Customers Consider The Quantity Of Online Reviews As An Essential Consideration Of Their Buying Decision
Customers value not only the quality or nature of the reviews, however they consider their quantity and recency as well.
The share of consumers, who focus on the number of reviews is currently at 46 percent.
Source: Brightlocal
72% Of Clients Will Not Take Action Before They Check Out Some Reviews
Irrespective of how tempting your marketing is, you still require client reviews. There is no skirting around it. Clients are still going to hear you out, however they trust other individuals more.
Source: My Testimonial Engine
Favorable Reviews Motivate 68 Percent Of Consumers To Use A Local Business
Because the vast bulk of customers read reviews, you'd want yours to be appealing to brand-new customers, right? Keep them short, sweet and positive.
"Kind words can be short and easy to speak, but their echos are truly endless." -Mother Teresa
Source: Brightlocal
Online Product Reviews About An Item Can Improve Its Conversion Rate By More Than 270 Percent
User review stats reveal the purchase likelihood for an item with 5 reviews is 270% higher than the same item without reviews.
Source: Spiegel Research Center
Reviews Published On Twitter Can Help Boost Sales By 6.46 Percent
Online review statistics show that reviews shared on Twitter, do more to increase sales than those on any other social media platform.
Source: Yotpo
88% Of Executives Regard Reputation Risk As A Leading Business Concern
Reputation management stats show a business's reputation doesn't impact just the consumers. Prospective team members also look at rankings and read reviews.
Source: Deloitte
Half Of All Of The Millennial's "Constantly" Check Out Online Reviews For Businesses
Younger people understand the value of being informed. User-generated material has an unassailable influence 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, just 6% of individuals aged 55 or older check out reviews.
Source: Brightlocal
More Than Four Negative Reviews About A Business Or Product Might Decrease Sales By 70%
One negative review is enough for 35% of a site's visitors to decide not to purchase. Three negative reviews can cost a business 59 percent fewer sales.
Naturally, they can be compensated by the sheer number of positive reviews you get.
"It takes many good deeds to build a good reputation, and only one bad one to lose it." -Benjamin Franklin
Source: Martech Zone
83% Of All Younger Consumers Were Invited To Give A Review Recently
Of those invited, 80% of customers did leave a review. In general, companies have actually asked 66% of all clients to leave a review on their business.
Source: Brightlocal
74% Of Regional Companies Have At A Minimum, 1 Google Review
A single review is far from sufficient to enhance your website's SERP ranking.
Looking at online rankings data, we found out that a business needs to have an average of 40 reviews before consumers "Award" it with a star.
Source: Brightlocal
Buyers Checking Out Reviews On A Mobile Device Are 127 Percent Most Likely To Make A Purchase Than Desktop Users
Mobile users choose to get things done faster. For that reason, buying choices are made quickly.
Online reviews are obviously convincing, yet marketers haven't always come to value the power of them.
Source: Martech Zone
88% Of Americans Reported That Product Reviews Were The Most Prominent Factor When Buying Home Electronic Devices
Statistics reveal that reviews were more effective than Television advertisements at 37%, social media at 23% and display ads at 49%.
Source: Statista