The Power of Customer Testimonial Statistics in Marketing
I’ve compiled a list of the power of customer testimonial statistics in marketing; a brief overview is provided below.
Customer Testimonial Statistics
- On average, testimonials on sales pages can boost conversions by 34%.
- Using customer testimonials on a regular basis can increase revenue by 62%.
- Customers are more likely to spend 31% more with a company that has positive customer feedback.
- 9 out of 10 people trust what a customer says about a company more than what the company says about itself.
- Positive testimonials and reviews increase consumer trust in a business by 72%.
- 84% of people trust online reviews as much as they do personal recommendations.
- Customer testimonials have the highest content marketing effectiveness rating of 89%.
- Customer testimonials placed alongside more expensive items increased conversion rates by 380%.
- 97% of business-to-business customers cited testimonials and peer recommendations as the most trustworthy type of content.
- 77% of people who have seen a brand’s testimonial video say it helped them decide to buy their product or service.
Sources: (VWO, Strategic Factory , Invesp, Wyzowl, BigCommerce, Word Tracker, Social Fresh, Power Reviews.)