83% Of All Young Buyers Were Invited To Submit A Review Recently

Of those asked, 80% of consumers did give a review. In general, companies have asked 66% of all clients to post a review on their business.

Source: Brightlocal

Facebook Reviews Impact More Than 50% Of Customers' Buying Decisions

Facebook is presently the most popular social media which can likewise affect our buying decisions.

According to social reviews stats, Facebook impacts more than half of users' purchase choices.

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

Source: RevLocal

Software Reviews Influence Over 98% Of All Purchasers

18 percent of software application purchasers consider reviews to be an essential factor in the purchase process. Software application reviews have no effect whatsoever on only 2% 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

Just 44% Of Local Businesses Have Accepted Their Google My Business Listing

That's 56 percent of your competition that aren't taking advantage of their listing.

While business listings on the significant review platforms are complimentary, a surprisingly low number of companies in fact make use of them.

Although we now know why customer reviews are so effective, the majority of businesses obviously don't.

Source: LsaInsider

If It Has Negative Reviews As Well, 52% Of Customers Trust An Item More

We already touched upon the positive and negative reviews and their result on consumers. Nevertheless, all products have their faults, if all of a products reviews are positive, it raises warnings that possibly the reviews are phony. Customers expect to see some unfavorable reviews.

Source: Capterra

More Than 4 Negative Reviews About A Business Or Service Might Decrease Sales By 70%

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

Of course, they can be compensated by the sheer variety of positive reviews you receive.

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

Source: Martech Zone

More Than Half Of Customers Will Not Use An Organisation If It Has Less Than A 4 Star Ranking

This stat is among numerous that illustrate the significance of online scores. Now that news of customer fulfillment travels this quick, keeping your consumers pleased is more crucial than ever.

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

11 percent looked just for organizations with an ideal five star score.

Source: Brightlocal

A One Star Boost In Ranking Can Result In A 5% To 9% Increase In Business Profits

Businesses that treat consumers honorably typically succeed, review websites help make sure of that.

Source: Statuslabs

Fifty Percent Of All Millennial's "Always" Read Online Reviews For Businesses

Younger people understand the value of being informed. User-generated content has an unassailable influence on customers.

If businesses think of the power of customer reviews over millennials, they will understand what they've been losing out on. Older individuals are various though, just 6% of individuals aged 55 or older read reviews.

Source: Brightlocal

Reviews Are The Most Crucial Part Of The Purchase Decision For Over 90% Of USA Customers

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

To show the value of online reviews and scores, did you know that 81 percent of customers will pay more for a product with reviews and those exact same consumers are also going to accept slower shipping times for such items.

Source: Turntonetworks

The Typical Review Word Count Has Gotten 65% Shorter Since 2010

In the present day reviews are much shorter, easier, and more straight to the point. The word count of a review in 2019 is equivalent to that of a tweet.

Source: Review Trackers

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

User review statistics reveal the purchase likelihood for a product with 5 reviews is 270% higher than the same product without reviews.

Source: Spiegel Research Center

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

Normally, 142 million consumers visit Yelp every month. If you haven't claimed your complimentary Yelp business page, this is as good a time as any.

Source: RevLocal

86% Of Customers Would Consider Composing A Review For A Business

Your customers are your most important resource, and it's not only because of the money they invest at your business. If you give them an excellent experience, they will want to share it.

Source: Brightlocal