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Online Product Reviews About An Item Can Improve Its Conversion Rate By A Staggering 270%
User review stats reveal the purchase likelihood for a product with five reviews is 270 percent higher than the same product without reviews.
Source: Spiegel Research Center
Reviews Shared On Twitter Can Help Improve Sales By 6.46 Percent
Online review stats show that reviews shared on Twitter, do more to grow sales than those on any other social network.
Source: Yotpo
88% Of Americans Declared That Product Reviews Were The Most Prominent Factor When Purchasing Home Electronic Devices
Data reveal that reviews were more helpful than TV ads at 37%, social networks at 23% and display advertisements at 49%.
Source: Statista
64% Of Americans Concur That User-generated Content (customer Reviews) Enhanced Their Shopping Experience In 2017
30 percent of consumers who check out customer reviews, concur that it increases their buying confidence.
Organizations use the reviews to improve their services and products.
"We all need people who will give us feedback. That's how we improve." -Bill Gates
Source: Statista
The Majority Of Best Selling Items Have An Average Score Of 4.2 To 4.7
You can't make everyone pleased, which is why perfect 5 star ratings are suspicious. Someone always has a bit of a gripe. That's why it is unnatural to get perfect 5 star rankings. Sometimes a lower ranking really helps your overall rating.
According to consumer rating statistics, conversion rates start to decrease as scores rise above 4.7.
Source: Spiegel Research Center
89% Of Shoppers Prefer To Read Reviews Using Their Smart Devices
Be it via an app or a mobile web browser, customers choose to read reviews on their mobile devices.
Source: Statista
67% Of Customers Claim That Reviews Are A "Extremely Crucial" Factor When Choosing A Service Provider
When customers have to choose a solution provider, reviews have a huge impact on their decision.
Source: DemandGenReport
Almost All Customers, Who Utilize Online Reviews, Read Them Very Early In The Purchasing Process
Let's say you wish to buy a brand-new vehicle and there are numerous models which fit your criteria. How do you pick the very best one for you? Well, you read reviews.
With the help of other customers, you quickly choose one that works for you. That's how positive reviews convert consumers into clients.
Source: Consumer Affairs
73% Of Customers Believe Consumer Reviews Are More Crucial Than Star And Number Scores
Online review data make it clear individuals aren't satisfied with ratings alone.
Client reviews make the stats appear more authentic which is what the would-be clients are searching for. Nearly a third of consumers say composed reviews are the only function that makes them think the sites' reviews are appropriate and helpful.
Source: Fan and Fuel
91 Percent Of Millennials Have Faith In Online Reviews As Much As Family And Friends
Online review stats position clients' reviews as the most trustworthy source of suggestions. Online reviews typically carry the same weight as guidance from loved ones.
Source: Brightlocal
60% Of Consumers Check Out Blog And Social Network Reviews On Their Mobile Devices Prior To Shopping
In-store shopping is influenced significantly by blogs and reviews on social media. With males being twice as likely to be affected than ladies.
Reviews and ranking data show individuals value the viewpoint of peers more than any other material.
Source: Collective Bias