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More Than Half Of Consumers Aged 25-34 Posted Reviews
According to Statista, the more youthful generations are evidently the more opinionated ones.
Source: Statista
89% Of Consumers Read A Businesses Replies To Reviews
Not only do a lot of customers read the review replies, 30% of them value them highly. Practically 96% read the feedback to their own reviews.
Source: Brightlocal
Facebook Reviews Impact More Than 50 Percent Of Consumers' Buying Decisions
Facebook is presently the most popular social media which can likewise affect our purchasing decisions.
According to social media reviews statistics, Facebook impacts more than half of users' purchase decisions.
If it has favorable reviews, Facebook reviews statistics expose that 4 out of five users are likely to rely on a local business.
Source: RevLocal
Online Product Reviews About A Product Can Boost Its Conversion Rate By More Than 270 Percent
User review statistics show the purchase possibility for an item with 5 reviews is 270% higher than the exact same product without reviews.
Source: Spiegel Research Center
49% Of Consumers Consider The Quantity Of Online Reviews As A Necessary Factor In Their Buying Decision
Consumers value not only the quality or nature of the reviews, but they consider their number and recency as well.
The share of customers, who take notice of the number of reviews is currently at 46%.
Source: Brightlocal
A Lone Business Review Can Lift Its Conversions By 10 Percent
Online review statistics show user-generated content can do wonders in terms of conversions.
A single review can have a massive effect on your business.
A hundred reviews can increase your conversion rates by as much as 37%. Two hundred can offer a mind-blowing 44 percent increase.
Source: RevLocal
Google Accounts For 57.5% Of All Reviews Across The Globe
Google is the clear winner as far as circulation goes, but they are not the only ones in the game.
Here's the online reviews circulation rankings:
Google with 57.5%, Facebook with 19%, TripAdvisor at 8.4%, Yelp at 6.6% and Others with 8.6%.
Source: Review Trackers
Fifty Percent Of All Millennial's "Always" Read Online Reviews For Businesses
Younger individuals know the worth of being informed. User-generated content has an unassailable effect on consumers.
If businesses think of the power of customer reviews over millennials, they will recognize what they've been missing out on. Older people are different though, only 6% of people aged 55 or older check out reviews.
Source: Brightlocal
70 Percent Of Customers Prefer To Learn About A Business Via Reviews And Articles, Instead Of Ads
Ads are all well and good, however it deserves trying a different approach also. Reviews are without a doubt the best way to find the truth about a service or product.
Source: Statuslabs
If They Were Asked, 77% Of Customers Would Undoubtedly Submit A Review
More than a 35% would submit a review to advise others about their client encounter and 24% would likely direct their review to the business itself.
Over a 26% would be willing to post a review to help other people with their choice making process.
Source: Podium
53% Of Customers Expect Companies To Answer Back Within A Week To Negative Reviews
Online review stats reveal that 63% of customer reviews stay without a reply. That's too bad, due to the fact that those companies are losing clients that way.
Source: Review Trackers
30% Of Consumers Feel Positive About A Business Which Reacts To Online Reviews
Corresponding with your customers develops trust. Even something as basic as responding to their remarks and reviews can make them feel appreciated.
As you might anticipate, clients who feel this way are more willing to invest more cash with a company.
Source: Statuslabs
67% Of Consumers Claim Reviews Are A "Extremely Crucial" Factor When Choosing A Solution Provider
Reviews have an enormous impact on their decision when consumers have to choose a solution provider.
Source: DemandGenReport
More Than Four Negative Reviews About A Company Or Product May Decrease Sales By 70%
One negative review suffices for 35 percent of a site's visitors to decide not to purchase. 3 negative reviews can cost a business 59 percent less sales.
Naturally, they can be compensated by the large 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