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88% Of Americans Reported That Product Reviews Were The Most Prominent Factor When Buying Home Electronic Devices
Data reveal that reviews were more helpful than TV ads at 37%, social media at 23% and display advertisements at 49%.
Source: Statista
88% Of Executives Consider Reputation Risk As A Top Business Concern
Reputation management statistics indicate a business's reputation doesn't affect just the clients. Potential employees also look at scores and read reviews.
Source: Deloitte
95% Of Travelers Check Out Online Reviews Prior To Scheduling Travel Services
Leisure and business tourists alike read reviews to form a viewpoint. Business tourists check out an average of 5 reviews vs. 6-7 for leisure tourists. 59% of all tourists report that they check out reviews 'always' or 'very often'.
Source: Trust You
49% Of Customers Consider The Number Of Online Reviews As An Important Consideration Of Their Buying Decision
Consumers value not only the quality or nature of the reviews, however they consider their quantity and recency also.
The share of consumers, who focus on the variety of reviews is presently at 46%.
Source: Brightlocal
If It Has Less Than A 4 Star Score, More Than Half Of Customers Won't Use A Business
This stat is one of many that show the significance of online scores. Now that news of customer complete satisfaction travels this fast, keeping your consumers pleased is more vital than ever.
57 percent of customers have looked for business with more than four stars in 2018, which is up from 48 percent in 2017.
11% looked only for companies with an ideal five star rating.
Source: Brightlocal
Online Item Reviews About A Product Can Increase 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 very same item without reviews.
Source: Spiegel Research Center
77% Of Users Don't Trust Reviews That Are Older Than Three Months
Customers don't care how excellent your product or service was in the past. Part of why online reviews matter is because they are fresh and relevant.
Consumers understand businesses lose their touch all the time, which is why most of them consider older reviews irrelevant.
It is for this reason that companies should to be constantly asking for reviews.
Source: Statuslabs
Since They Want To Buy An Item Or A Service And Want To Get The Truth About The Businesses Items And Services, 82% Of Consumers Check Out Review Sites.
Review websites are places that customers go to get the facts about a business, service or product . Users come since they have already formed a buying decision. The majority of them (89 percent) purchase within a week of their visit. And 29 percent do so in 24 hours.
Source: RevLocal
Only 6% Of Customers Don't Trust Customer Reviews At All
According to customer review statistics, a massive 19% of consumers constantly trust online reviews and never ever a make a purchase without checking out reviews.
Source: Statista
70% Of Consumers Prefer To Learn About A Business By Means Of Short Articles And Reviews, Rather Than Advertisements
Advertisements are all well and good, but it's worth attempting a different approach as well. Reviews are without a doubt the best method to find the truth about a product or service.
Source: Statuslabs
91% Of Businesses Believe The Company's Star Rating Can Determine Whether They Win Or Lose A Potential Team Member
The 86% of companies doubt the integrity of online reviews. Nonetheless, they understand the enormous effect user ratings have on their business. Unfavorable client or employee reviews can influence 90% of job seekers.
Source: Career Arc