Almost All Consumers, Who Use Online Reviews, Read Them Early On In The Purchasing Process

Let's say you wish to purchase a brand-new vehicle and there are a number of models which fit your criteria. How do you select the very best one for you? Well, you read the reviews.

With the help of other customers, you manage to pick one that works for you. That's how favorable reviews convert customers into customers.

Source: Consumer Affairs

98% Of Yelp's Browsers Bought From A Business They Discovered On The Site

Usually, 142 million consumers check out Yelp every month. This is as excellent a time as any if you haven't declared your free Yelp business page.

Source: RevLocal

86% Of Consumers Would Consider Writing A Review For A Business

Your clients are your most important resource, and it's not just because of the cash they spend at your business. If you provide a good experience, they will be willing to share it.

Source: Brightlocal

Facebook Reviews Affect More Than 50% Of Consumers' Buying Decisions

Facebook is currently the most popular social media which can likewise influence our purchasing decisions.

According to social reviews stats, Facebook impacts the majority of users' purchase decisions.

Facebook reviews stats reveal that 4 out of five users are most likely to trust a local business if it has positive reviews.

Source: RevLocal

88% Of Executives Regard Reputation Risk As A Leading Business Concern

Reputation management stats show a business's reputation doesn't affect simply the clients. Prospective employees also take a look at rankings and take a look at reviews.

Source: Deloitte

Google Accounts For 57.5 Percent Of All Reviews All Over The World

Google is the clear winner as far as circulation goes, however they are not the only ones in the game.

These the online reviews circulation rankings:

Google at 57.5%, Facebook at 19%, TripAdvisor at 8.4%, Yelp with 6.6% and Others with 8.6%.

Source: Review Trackers

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 ratings are suspicious. That's why it is unnatural to get perfect 5 star scores.

According to client rating stats, conversion rates begin to reduce as scores rise above 4.7.

Source: Spiegel Research Center

Reviews Posted On Twitter Can Improve Sales By 6.46 Percent

Online review statistics reveal that reviews shared on Twitter, do more to increase sales than those on any other social network.

Source: Yotpo

15% Of Visitors Don't Trust Businesses Without Any Online Reviews

No trust implies no interactions. 15% of potential consumers won't even consider doing business with a company they can't find opinions about.

Source: Statuslabs

Just 6 Percent Of Customers Don't Rely On Customer Reviews At All

According to consumer review stats, a massive 19 percent of consumers always rely on online reviews and never ever a buy without reading reviews first.

Source: Statista

More Than Four Negative Reviews About A Company Or Product Might Decrease Sales By 70 Percent

One negative review is enough for 35% of a site's visitors to decide not to buy. Three negative reviews can cost a business 59 percent less sales.

Naturally, they can be compensated by the sheer variety of positive reviews you get.

"It takes many good deeds to build a good reputation, and only one bad one to lose it." -Benjamin Franklin

Source: Martech Zone

63.6% Of Consumers Visit Google To Read Reviews Of A Business

Thinking about the last statistic, it comes as a surprise that Yelp (45%) and TripAdvisor (30%) come second and 3rd, leaving Facebook (23%) at the bottom of the list.

These online review statistics reveal the basic popularity of a site can just presume when it comes to trust.

Source: Review Trackers

Reviews Are The Third Most Influential Ranking Element For Google's Local 3 Pack

Review signals (amount, diversity, and so on) represent 15.44% of Google's algorithm for local ranking.

Just Google My Business signals, like proximity and keywords represent 25.12%, and link signals at 16.53%, are more vital than reviews as far as ranking factors go for the local 3 pack.

Source: Moz

Reviews Are The Most Crucial Part Of The Purchase Choice For Over 90% Of United States Customers

24% of US shoppers consider reviews as 'very influential'.

To highlight the value of online reviews and rankings, did you understand that 81% of customers will pay more for a product with reviews and those same customers are also willing to accept slower shipping times for such items.

Source: Turntonetworks

70% Of Consumers Choose To Learn About A Business Through Short Articles And Reviews, Instead Of Advertisements

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

Source: Statuslabs

73 Percent Of Customers Think Consumer Reviews Are More Important Than Star And Number Rankings

Online review stats make it clear individuals aren't satisfied with ratings alone.

Consumer reviews make the stats appear more genuine which is what the potential consumers are looking for. Almost a third of customers state composed reviews are the only feature that makes them think the websites' reviews are pertinent and beneficial.

Source: Fan and Fuel

Online Item Reviews About An Item Can Increase Its Conversion Rate By A Whopping 270 Percent

User review stats reveal the purchase possibility for an item with 5 reviews is 270% higher than the very same product without reviews.

Source: Spiegel Research Center