Online Product Reviews About A Product Can Boost Its Conversion Rate By More Than 270%

User review stats show the purchase probability for a product with five reviews is 270% higher than the very same item without reviews.

Source: Spiegel Research Center

95% Of Travelers Check Out Online Reviews Prior To Scheduling Travel Related Services

Leisure and business travelers alike check out reviews to form a viewpoint. Business tourists check out an average of 5 reviews vs. 6-7 for leisure tourists. 59percent of all travelers report that they check out reviews 'always' or 'really frequently'.

Source: Trust You

91% Of Millennials Have Faith In Online Reviews As Much As Loved Ones

Online review statistics position clients' reviews as the most credible source of recommendations. Online reviews usually bring the very same weight as recommendations from friends and family.

Source: Brightlocal

60 Percent Of Consumers Refer To Blog And Social Media Reviews On Their Cell Phones Before Shopping

In-store purchasing is affected substantially by blogs and reviews on social networks. With males being twice as likely to be influenced than women.

Reviews and rating statistics reveal people value the opinion of peers more than any other content.

Source: Collective Bias

15 Percent Of Clients Don't Trust Businesses With No Online Reviews

No trust means no interactions. 15% of potential clients won't even think about working with a company they can't discover opinions about.

Source: Statuslabs

Favorable Reviews Motivate 68% Of Customers To Use Local Businesses

Since the large bulk of consumers read reviews, you'd 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

When Purchasing Home Electronic Devices, 88% Of Americans Claimed That Product Reviews Were The Most Influential Factor

Stats reveal that reviews were more beneficial than Television advertisements at 37%, social networks at 23% and display advertisements at 49%.

Source: Statista

67% Of Customers Say Reviews Are A "Very Important" Factor When Choosing A Solution Provider

When consumers need to select a service provider, reviews have a huge effect on their decision.

Source: DemandGenReport

77% Of Buyers Do Not Rely On Reviews That Are Older Than Three Months

Clients don't care how great your product or service was in the past. Part of why online reviews matter is since they are fresh and relevant.

Customers know businesses lose their touch all the time, which is why most of them regard older reviews irrelevant.

It is for this reason that businesses should to be continuously requesting reviews.

Source: Statuslabs

77% Of Customers Would Most Likely Submit A Review If They Were Asked

More than a 35% would post a review to inform others about their customer encounter and 24% would likely direct their review to the business itself.

Over a 26% would want to leave a review to help other people with their choice making process.

Source: Podium

More Than 4 Negative Reviews About A Company Or Product May Decrease Sales By 70%

One negative review suffices for 35% of a site's visitors to choose not to buy. Three negative reviews can cost a business 59% fewer sales.

Obviously, they can be compensated by the large 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

Consumer Reviews On Products Are Relied On Practically 12 Times More Than The Makers' Descriptions

Word-of-mouth reviews are miles ahead of the producers' description. Individuals trust other peoples opinions before they ever trust what the manufacturer states. The reason, producers' descriptions are generally advertisements.

Source: Martech Zone

90 Percent Of Buyers Need Less Than 10 Reviews To Form An Opinion About A Business

You know what people state about first impressions, right?

Users get their impression of your businesses through reviews. Usually through less than 10 of them.

If you do not have reviews on your site, think about asking your visitors to compose one.

Source: Martech Zone

61 Percent Of Local Businesses Have An Average Rating Of 4 Or 5 Stars

Typically two-thirds of companies have exceptional and awesome ratings. Just 5% of companies have a rating below 3 stars.

Source: Brightlocal

A Solitary Business Review Can Raise Its Conversions By 10 Percent

Online review statistics show user-generated content can do wonders in terms of conversions.

A single review can have an enormous impact on your business.

A hundred reviews can increase your conversion rates by as much as 37 percent. Two hundred can provide a mind-blowing 44% boost.

Source: RevLocal