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15% Of People Do Not Trust Businesses Without Online Reviews
No trust suggests no interactions. 15 percent of prospective customers will not even think about doing business with a business they can't find viewpoints about.
Source: Statuslabs
A Lone Business Review Can Lift Its Conversions By 10%
Online review statistics show user-generated material can do wonders in terms of conversions.
A single review can have a huge effect on your business.
A hundred reviews can increase your conversion rates by as much as 37 percent. 2 hundred can supply a mind-blowing 44 percent boost.
Source: RevLocal
73 Percent Of Consumers Believe Client Reviews Are More Vital Than Star And Number Scores
Online review data make it clear people aren't satisfied with ratings alone.
Written reviews make the stats appear more genuine which is what the prospective clients are looking for. Nearly a 3rd of customers say composed reviews are the only feature that makes them believe the websites' reviews are relevant and useful.
Source: Fan and Fuel
30% Of Customers Feel Positive About A Business Which Answers Online Reviews
Corresponding with your clients builds their trust. Even something as simple as responding to their reviews and remarks can make them feel appreciated.
As you may anticipate, clients who feel this way are happy to spend more money with a business.
Source: Statuslabs
Reviews Shared On Twitter Can Help Improve Sales By 6.46%
Online review data show that reviews shared on Twitter, do more to increase sales than those on any other social network.
Source: Yotpo
63.6% Of Consumers Visit Google To Read Reviews Of A Business
Thinking about the last stat, it comes as a surprise that Yelp (45%) and TripAdvisor (30%) come 2nd and 3rd, leaving Facebook (23%) last.
When it comes to trust, these online review statistics reveal the basic popularity of a website can only go so far.
Source: Review Trackers
More Than Four Negative Reviews About A Business Or Product Might Decrease Sales By 70 Percent
One negative review is enough for 35% of a site's visitors to decide not to buy. Three negative reviews can cost a business 59% less sales.
Of course, 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
Just 44 Percent Of Local Companies Have Claimed Their Google My Business Listing
That's 56% of your competitors that aren't making the most of their listing.
While business listings on the significant review platforms are free, a remarkably low number of businesses in fact use them.
Although we now understand why consumer reviews are so effective, many businesses apparently don't.
Source: LsaInsider
90% Of Clients Require Less Than 10 Reviews To Form A Viewpoint About A Business
You understand what individuals state about first impressions?
Users get their first impression of your businesses through reviews. Usually through less than 10 of them.
If you don't have reviews on your website, consider asking your visitors to write one.
Source: Martech Zone
The Majority Of Shoppers Aged 25 To 34 Posted Reviews
According to Statista, the more youthful generations are unsurprisingly the more opinionated ones.
Source: Statista
Customers Could Invest 31% More With A Business That Has Terrific Reviews
Take notice of this statistic. The more detailed other users explain your product or service, the more cash you can charge and consumer review statistics show us exactly how much more.
Source: Martech Zone
Most Local Companies Have Approximately 39 Google Reviews
Individuals like to share their experience after they have visited a supplier. Online review trends show people prefer to comment if they had a positive experience, instead of a unfavorable or mediocre one.
Source: Brightlocal