Fifty Percent Of All Millennial's "Constantly" Check Out Online Reviews For Businesses

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

If businesses think of the power of client reviews over millennials, they will recognize what they've been losing out on. Older individuals are different though, only 6% of individuals aged 55 or older check out reviews.

Source: Brightlocal

Online Product Reviews About A Product Can Boost Its Conversion Rate By A Staggering 270 Percent

User review stats show the purchase likelihood for a product with five reviews is 270 percent higher than the exact same item without reviews.

Source: Spiegel Research Center

Just 44 Percent Of Local Companies Have Claimed Their Google My Business Listing

That's 56 percent of your competitors that aren't making the most of their listing.

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

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

Source: LsaInsider

73 Percent Of Customers Believe Client Reviews Are More Important Than Star And Number Rankings

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

Written reviews make the statistics appear more authentic which is what the prospective clients are looking for. Practically a 3rd of customers say composed reviews are the only feature that makes them think the sites' reviews are helpful and pertinent.

Source: Fan and Fuel

Software Application Reviews Impact Over 98 Percent Of All Purchasers

18% of software buyers consider reviews to be a necessary factor in the purchase process. Software application reviews have no impact whatsoever on just 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

83% Of All Young Clients Were Invited To Leave A Review Recently

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

Source: Brightlocal

Almost All Customers, Who Use Online Reviews, Read Them Very Early In The Buying Process

Let's say you want to buy a new automobile and there are numerous models which fit your requirements. How do you pick the very best one for you? Well, you read the reviews.

With the help of other people, you quickly pick a model that works for you. That's how positive reviews transform consumers into consumers.

Source: Consumer Affairs

60% Of Consumers Seek Advice From Blog And Social Network Reviews On Their Cell Phones Prior To Shopping

In-store shopping is influenced significantly by blogs and reviews on social media. With males being two times as likely to be affected than women.

Reviews and rating data show individuals value the viewpoint of peers more than any other material.

Source: Collective Bias

89% Of Shoppers Like To Read Reviews Using Their Mobile Phones

Be it through an app or a mobile web browser, consumers prefer to read reviews on their smart phones.

Source: Statista

A Lot Of Local Businesses Have Approximately 39 Google Reviews

Individuals like to share their experience after they've gone to a supplier. Online review trends show individuals prefer to comment if they had a favorable experience, instead of a mediocre or unfavorable one.

Source: Brightlocal

A Lone Business Review Can Raise Its Conversions By 10 Percent

Online review stats show user-generated content can do miracles in terms of conversions.

A single review can have a huge effect on your business.

A hundred reviews can increase your conversion rates by as much as 37%. Two hundred can provide an astonishing 44% boost.

Source: RevLocal

70% Of Customers Choose To Learn About A Business By Means Of Reviews And Posts, Rather Than Ads

Advertisements are all well and good, however it's worth trying a different approach as well. Reviews are by far the best way to find the truth about a service or product.

Source: Statuslabs

70% Of Customers Need To Check Out A Minimum Of Four Reviews Before They Can Rely On A Business

Four reviews may be too few. The majority of people read many more reviews to get a better idea of how the business is really doing. Do not depend upon that figure alone.

Source: Brightlocal

91% Of Companies Believe The Company's Star Rating Can Determine Whether They Win Or Lose A Prospective Employee

The 86% of companies question the integrity of online reviews. However, they understand the huge effect user ratings have on their business. Undesirable client or employee reviews can affect 90% of job seekers.

Source: Career Arc