When Purchasing Home Electronics, 88% Of Americans Declared That Product Reviews Were The Most Prominent Element

Data reveal that reviews were more helpful than Television ads at 37%, social networks at 23% and display advertisements at 49%.

Source: Statista

Clients Could Spend 31 Percent More With A Business That Has Excellent Reviews

Pay attention to this fact. The more detailed other users explain your service or product, the more money you can charge and consumer review stats show us exactly how much more.

Source: Martech Zone

The Majority Of Best-selling Products Have A Typical Rating Of 4.2 To 4.7

You can't make everybody happy, which is why perfect 5 star ratings are suspicious. That's why it is unnatural to get perfect 5 star rankings.

According to client rating statistics, conversion rates begin to decrease as scores rise above 4.7.

Source: Spiegel Research Center

53% Of Americans Consider Item Reviews And Rankings As The Most Crucial Part Of Online Shopping.

Today's buyers are wary and want the very best bang for their buck. It's no surprise that they consider reading reviews as a big part of the buying decision.

Source: Statista

77% Of Clients Would Likely Post A Review If They Were Asked

More than a 35% would submit a review to inform others about their client encounter and 24% would rather direct their review to the company itself.

Over a 26% would be willing to post a review to help other individuals with their decision making process.

Source: Podium

Reviews Posted On Twitter Can Increase Online Sales By 6.46%

Online review stats show that reviews shared on Twitter, do more to boost sales than those on any other social network.

Source: Yotpo

Favorable Reviews Encourage 68% Of Customers To Use Local Businesses

Since the huge bulk of customers read reviews, you would want yours to be appealing to new clients? Keep them short, positive and sweet.

"Kind words can be short and easy to speak, but their echos are truly endless." -Mother Teresa

Source: Brightlocal

Just 44% Of Local Companies Have Claimed Their Google My Business Listing

That's 56% of your competition that aren't benefiting from their listing.

While business listings on the major review platforms are free, a remarkably low number of businesses in fact utilize them.

Although we now understand why customer reviews are so effective, most businesses obviously do not.

Source: LsaInsider

98 Percent Of Yelp's Website Visitors Bought From A Business They Found On The Website

Usually, 142 million customers go to Yelp every month. This is as great a time as any if you haven't declared your free Yelp business page.

Source: RevLocal

91% Of Millennials Depend On Online Reviews As Much As Loved Ones

Online review statistics position customers' reviews as the most credible source of recommendations. Online reviews generally bring the very same weight as advice from loved ones.

Source: Brightlocal

83% Of All Young Consumers Were Asked To Leave A Review Recently

Of those invited, 80% of customers did leave a review. In general, businesses have asked 66% of all consumers to post a review on their company.

Source: Brightlocal

70% Of Consumers Choose To Discover A Business Via Short Articles And Reviews, Instead Of Advertisements

Ads are all well and good, however it deserves attempting a different approach also. Reviews are by far the very best way to find the truth about a product or service.

Source: Statuslabs

88% Of Executives Regard Reputation Risk As A Top Business Issue

Reputation management stats show a business's reputation does not impact just the customers. Prospective employees also look at ratings and take a look at reviews.

Source: Deloitte

67% Of Consumers Claim That Reviews Are A "Very Crucial" Factor When Selecting A Service Provider

When clients have to choose a service provider, reviews have a massive impact on their decision.

Source: DemandGenReport

72% Of Customers Will Not Take Action Before They Check Out Some Reviews

No matter how enticing your marketing is, you still require customer reviews. There is no way around it. Consumers are still ready to hear you out, but they trust other individuals more.

Source: My Testimonial Engine

Unfavorable Reviews Can Improve Conversion By Up To 85%

It sounds insane, but negative reviews can be a positive driver for users to devote more time on your website. According to online review data, individuals devote more than five times as long on a site when they check out negative reviews.

More than two-thirds of users trust reviews more when there are a mix of negatives and positives. An overwhelming 95 percent suspect censorship or faked reviews if there aren't any negative ones.

Source: Reevoo

83 Percent Of Consumers Do Not Trust Advertising

The standard channels to reach consumers aren't as influential as they used to be. A lot of users who no longer trust advertisements pick to take note of clients' suggestions online.

Source: Statuslabs