{"id":1003,"date":"2019-03-15T09:31:00","date_gmt":"2019-03-15T09:31:00","guid":{"rendered":"https:\/\/www.topdevelopers.co\/blog\/?p=1003"},"modified":"2024-01-02T12:19:36","modified_gmt":"2024-01-02T12:19:36","slug":"how-online-app-reviews-affect-business-revenue","status":"publish","type":"post","link":"https:\/\/www.topdevelopers.co\/blog\/how-online-app-reviews-affect-business-revenue\/","title":{"rendered":"How Does Online App Reviews Affect Business Revenue?"},"content":{"rendered":"

Online reviews are a powerful tool for customers and businesses alike. Users or customers use them to search for the best products and services. In addition, companies or businesses also use them to enhance their visibility, brand image, and revenue. The same goes with mobile app reviews wherein positive and high-star ratings of applications on the app stores shall draw people\u2019s attention and indirectly build a bond of trust with every visitor.<\/p>\n

According to various studies, online reviews have a significant impact on business revenue. For example, a BrightLocal survey<\/a> found that almost 90% of consumers read reviews for local businesses. Another study by Harvard Business School<\/a> found that a one-star increase in Yelp rating can lead to a 5-9% increase in revenue. Conversely, negative reviews can deter potential customers and lower sales.<\/p>\n

Even further, a study by ReviewTrackers<\/a> found that 94% of consumers avoided a business because of a bad review. In other words, online reviews are not just a feedback source, but also a driving force for overall business performance. So, your job does not end at finding and hiring a top mobile app development company to build an app, but also beyond that where you need to ask your tech partner to carry out a good plan for brand reputation management.<\/p>\n

\n
\n

Table of Contents<\/p>\n<\/span><\/div>\n