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Reviews Posted On Twitter Can Increase Sales By 6.46%
Online review statistics reveal that reviews shared on Twitter, do more to boost sales than those on any other social media platform.
Source: Yotpo
The Majority Of Best Selling Products Have An Average Score Of 4.2 To 4.7
You can't make everyone happy, which is why perfect 5 star rankings are suspicious. That's why it is abnormal to get perfect 5 star scores.
According to consumer rating stats, conversion rates start to decrease as ratings rise above 4.7.
Source: Spiegel Research Center
A Single Business Review Can Raise Its Conversions By 10%
Online review stats show user-generated material can do miracles in terms of conversions.
A single review can have a huge influence on your business.
A hundred reviews can boost your conversion rates by as much as 37%. Two hundred can provide an astonishing 44% boost.
Source: RevLocal
73% Of Customers Think Written Reviews Are More Vital Than Star And Number Ratings
Online review stats make it clear individuals aren't satisfied with scores alone.
Customer reviews make the stats appear more genuine which is what the prospective customers are looking for. Almost a 3rd of consumers say written reviews are the only feature that makes them believe the sites' reviews are useful and appropriate.
Source: Fan and Fuel
The Majority Of People Aged 25-34 Submitted Reviews
According to Statista, the younger generations are obviously the more opinionated ones.
Source: Statista
89% Of Consumers Like To Read Reviews On Their Smart Devices
Be it by means of an app or a mobile web browser, everyday people prefer to read reviews on their mobile devices.
Source: Statista
Because They Want To Acquire A Service Or An Item And Desire To Get The Facts About The Businesses Items And Services, 82 Percent Of Customers Go To Review Websites.
Users come since they have actually already formed a purchase decision. The majority of them (89%) purchase within a week of their visit.
Source: RevLocal
89% Of Customers Read A Businesses Responses To Reviews
Not only do a lot of individuals read the review replies, 30% of them hold them in high regard. Almost 96% read the responses to their own reviews.
Source: Brightlocal
88% Of Americans Revealed That Product Reviews Were The Most Prominent Factor When Purchasing Home Electronics
Stats reveal that reviews were more helpful than TV advertisements at 37%, social media at 23% and display ads at 49%.
Source: Statista
More Than 4 Negative Reviews About A Business Or Product Might Decrease Sales By 70%
One negative review suffices for 35% of a website's visitors to decide not to buy. 3 negative reviews can cost a business 59 percent fewer sales.
Obviously, they can be compensated by the large variety 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
60% Of Customers Consult Blog And Social Media Network Reviews On Their Cell Phones Before Shopping
In-store purchasing is affected significantly by blogs and reviews on social networks. With men being twice as likely to be influenced than women.
Reviews and rating data reveal individuals value the viewpoint of peers more than any other material.
Source: Collective Bias
70% Of Customers Prefer To Learn About A Business Through Short Articles And Reviews, Rather Than Advertisements
Ads are all well and good, but it's worth trying a different approach too. Reviews are without a doubt the best method to discover the truth about a service or product.
Source: Statuslabs