One-half Of All Of The Millennial's "Constantly" Check Out Online Reviews For Companies

Younger individuals understand the worth of being informed. User-generated content has an unassailable impact on customers.

If businesses stop to consider the power of consumer reviews over millennials, they will understand what they've been losing out on. Older individuals are various though, only 6% of people aged 55 or older read reviews.

Source: Brightlocal

91 Percent Of Millennials Trust In Online Reviews As Much As Family And Friends

Online review stats place customers' reviews as the most trustworthy source of suggestions. Online reviews normally carry the same weight as advice from family and friends.

Source: Brightlocal

53% Of Americans Consider Product Reviews And Ratings As The Most Crucial Part Of The Online Shopping Experience In 2018.

Today's shoppers are wary and desire the best bang for their buck. It's no surprise that they consider reading reviews as a big part of the purchasing decision.

Source: Statista

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

Reviews have an enormous effect on their decision when clients have to choose a solution provider.

Source: DemandGenReport

74 Percent Of Local Businesses Have At Least One Google Review

One review is far from adequate to improve your website's SERP ranking.

Taking a look at online ratings data, we found out that a business requires to have a minimum of 40 reviews before users "Award" it with a star.

Source: Brightlocal

A Single Business Review Can Lift Its Conversions By 10 Percent

Online review stats reveal user-generated content can do miracles in regards to conversions.

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

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

Source: RevLocal

Over Half Of Consumers Aged 25-34 Posted Reviews

According to Statista, the more youthful generations are plainly the more vocal ones.

Source: Statista

73 Percent Of Consumers Think Customer Reviews Are More Important Than Star And Number Rankings

Online review data make it clear people aren't satisfied with scores alone.

Client reviews make the stats appear more genuine which is what the potential clients are trying to find. Almost a third of customers say composed reviews are the only function that makes them believe the sites' reviews are helpful and relevant.

Source: Fan and Fuel

Negative Reviews Can Boost Conversion By As Much As 85 Percent

It sounds crazy, however negative reviews can be a positive force for users to spend more time on your site. According to online review statistics, individuals spend more than five times as long on a site when they read negative reviews.

When there are a mix of positives and negatives, more than two thirds of users trust reviews more. If there aren't any unfavorable ones, a frustrating 95% suspect censorship or fabricated reviews.

Source: Reevoo

60% Of Customers Check Out Blog And Social Network Reviews On Their Cell Phones Prior To Shopping

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

Reviews and score stats show people value the viewpoint of peers more than any other content.

Source: Collective Bias

30% Of Consumers Feel Favorable To A Business Which Answers Online Reviews

Communicating with your consumers creates trust. Even something easy like responding to their comments and reviews can make them feel appreciated.

As you may expect, customers who feel this way are going to invest more money with a company.

Source: Statuslabs

77% Of Customers Don't Trust Reviews That Are Older Than Three Months

Consumers don't care how great your product or service was in the past. Due to the fact that they are fresh and relevant, is part of why online reviews matter.

Customers understand businesses lose their touch all the time, which is why the majority of them find older reviews unimportant.

It is for this reason that companies ought to be continuously asking for reviews.

Source: Statuslabs

Customers Might Spend 31% More With A Business That Has Terrific Reviews

Take notice of this statistic. The more detailed other users describe your services or product, the more cash you can charge and consumer review statistics reveal to us precisely just how much more.

Source: Martech Zone

83% Of All Young Clients Were Asked To Give A Review Recently

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

Source: Brightlocal

83% Of Clients Don't Rely On Advertising

The conventional channels to reach consumers aren't as prominent as they used to be. A lot of users who no longer trust advertisements select to take note of consumers' suggestions online.

Source: Statuslabs