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A Single Business Review Can Raise Its Conversions By 10%
Online review stats show user-generated material can do miracles in regards to conversions.
A single review can have an enormous effect on your business.
A hundred reviews can increase your conversion rates by as much as 37%. Two hundred can supply a mind-blowing 44 percent boost.
Source: RevLocal
63.6% Of Customers Check Out 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 third, leaving Facebook (23%) behind.
When it comes to trust, these online review stats reveal the basic popularity of a site can just go so far.
Source: Review Trackers
72% Of Consumers Will Not Take Action Before They Read Some Reviews
Irrespective of how eye-catching your marketing is, you still need consumer reviews. There's no other way around it. Clients are still willing to hear you out, but they rely on other individuals more.
Source: My Testimonial Engine
The Majority Of Popular Items Have A Typical Rating Of 4.2 To 4.7
You can't make everyone happy, which is why perfect 5 star scores are suspicious. That's why it is unnatural to get perfect 5 star ratings.
According to client rating statistics, conversion rates start to reduce as rankings rise above 4.7.
Source: Spiegel Research Center
53% Of Americans Consider Item Reviews And Rankings As The Most Important Part Of The Online Shopping Experience In 2018.
Today's consumers are wary and desire the best bang for their buck. It's not surprising that that they consider checking out reviews as a big part of the purchasing decision.
Source: Statista
Many Local Businesses Have An Average Of 39 Google Reviews
People like to share their experience after they've visited a supplier. Online review trends show individuals prefer to comment if they had a favorable experience, instead of a average or negative one.
Source: Brightlocal
77% Of Customers Would Most Likely Submit A Review If They Were Asked
More than a 35% would do it to educate others about their customer experience and 24% would likely direct their review to the business itself.
Over a 26% would want to post a review to help other people with their decision making process.
Source: Podium
70 Percent Of Customers Need To Read At Least 4 Reviews Before They Can Rely On A Business
Four reviews may be too few. Many people read much more reviews to get a better idea of how business is actually doing. Do not depend on that fact alone.
Source: Brightlocal
74% Of Regional Companies Have At Least One Google Review
One review is far from sufficient to improve your website's SERP ranking.
Looking at online ratings stats, we discovered that a company needs to have a minimum of 40 reviews before users "Award" it with a star.
Source: Brightlocal
30% Of Clients Feel Favorable To A Business Which Answers Online Reviews
Communicating with your customers establishes trust. Even something like responding to their comments and reviews can make them feel appreciated.
As you might anticipate, customers who feel this way are more willing to invest more money with a business.
Source: Statuslabs
95% Of Travelers Check Out Online Reviews Prior To Scheduling Travel Services
Leisure and business tourists alike check out reviews to form an opinion. Business travelers read an average of 5 reviews vs. 6-7 for leisure travelers. 59% of all tourists report that they read reviews 'always' or 'very often'.
Source: Trust You