Unfavorable Reviews Can Improve Conversion By As Much As 85%

It sounds crazy, however negative reviews can be a positive force for users to devote more time on your website. According to online review data, people spend more than five times as long on a website when they check out negative reviews.

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

Source: Reevoo

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

Facebook is currently the most popular social network which can also influence our purchasing preferences.

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

Facebook reviews statistics reveal that four out of five users are more likely to rely on a local business if it has positive reviews.

Source: RevLocal

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

Younger individuals know the value of being informed. User-generated material has an unassailable impact on consumers.

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

Source: Brightlocal

Software Application Reviews Influence Over 98 Percent Of All Purchasers

18% of software application purchasers consider reviews to be a necessary factor in the purchase process. Software reviews have no effect whatsoever on only 2 percent of consumers. Two-thirds of them read more than 6 reviews to make up their mind and 14 percent of them read more than 20 reviews.

Source: Capterra

72% Of Customers Won't Take Action Before They Check Out Some Reviews

No matter how enticing your marketing is, you still require consumer reviews. There's no way around it. Consumers are still going to hear you out, however they rely on other individuals more.

Source: My Testimonial Engine

91% Of Companies Think The Business's Star Rating Can Determine Whether They Win Or Lose A Possible Team Member

The 86% of companies doubt the integrity of online reviews. However, they understand the enormous effect user rankings have on their business. Undesirable consumer or staff member reviews can affect 90% of job seekers.

Source: Career Arc

49 Percent Of Consumers Consider The Quantity Of Online Reviews As A Vital Factor In Their Buying Decision

Consumers value not just the quality or nature of the reviews, however they consider their number and recency as well.

The share of clients, who focus on the number of reviews is currently at 46 percent.

Source: Brightlocal

53 Percent Of Americans Consider Item Reviews And Scores As The Most Essential Part Of Online Shopping.

Today's consumers are wary and desire the very best bang for their buck. It's no wonder that they consider reading reviews as a huge part of the buying decision.

Source: Statista

89% Of Consumers Want To Read Reviews On Their Mobile Devices

Be it via an app or a mobile browser, folks prefer to read reviews on their smart phones.

Source: Statista

A Single Business Review Can Raise Its Conversions By 10%

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 offer an astonishing 44% increase.

Source: RevLocal

Consumers Might Spend 31% More With A Business That Has Great Reviews

Pay attention to this statistic. The better other users explain your services or product, the more cash you can charge and consumer review statistics reveal to us exactly just how much more.

Source: Martech Zone

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

Reputation management stats indicate a company's reputation does not impact just the customers. Potential employees likewise look at rankings and read reviews.

Source: Deloitte

If It Has Less Than A 4 Star Rating, More Than Half Of Consumers Won't Use A Service

This stat is one of many that show the significance of online scores. Now that news of client fulfillment travels this fast, keeping your consumers happy is more crucial than ever.

57% of consumers have searched for companies with more than four stars in 2018, which is up from 48 percent in 2017.

11% looked just for organizations with a perfect five star ranking.

Source: Brightlocal

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

More than a 35% would submit a review to advise others about their consumer encounter and 24% would definitely direct their review to the business itself.

Over a 26% would want to submit a review to assist other individuals with their decision making process.

Source: Podium

More Than Four Negative Reviews About A Company Or Service Might Decrease Sales By 70%

One negative review is enough for 35% of a website's visitors to decide not to buy. 3 negative reviews can cost a business 59% less sales.

Naturally, 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

Since They Want To Acquire A Service Or An Item And Want To Get The Facts About The Businesses Items And Services, 82 Percent Of Consumers Check Out Review Sites.

Users come due to the fact that they have currently formed a buying decision. The bulk of them (89 percent) purchase within a week of their visit.

Source: RevLocal