Consumers Could Invest 31 Percent More With A Business That Has Great Reviews

Pay attention to this fact. The more detailed other users describe your product and services, the more money you can charge and customer review statistics show us precisely how much more.

Source: Martech Zone

73% Of Consumers Think Customer Reviews Are More Vital Than Star And Number Ratings

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

Consumer reviews make the statistics appear more authentic which is what the prospective customers are searching for. Almost a 3rd of customers state written reviews are the only feature that makes them think the websites' reviews are relevant and useful.

Source: Fan and Fuel

A Single Business Review Can Lift Its Conversions By 10 Percent

Online review stats reveal 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 boost your conversion rates by as much as 37 percent. 2 hundred can provide a mind-blowing 44% increase.

Source: RevLocal

83% Of All Younger Shoppers Were Invited To Give A Review Recently

Of those asked, 80% of customers did submit a review. In general, businesses have asked 66% of all consumers to leave a review on their company.

Source: Brightlocal

15% Of Customers Don't Trust Businesses With No Online Reviews

No trust indicates no interactions. 15 percent of possible customers will not even think about doing business with a business they can't find viewpoints about.

Source: Statuslabs

88% Of Executives Regard Reputation Risk As A Leading Business Problem

Reputation management stats suggest a business's reputation does not affect just the clients. Prospective team members likewise take a look at ratings and read reviews.

Source: Deloitte

52% Of Customers Trust A Product More If It Has Unfavorable Reviews Also

We already discussed the positive and negative reviews and their impact on consumers. However, all products have their faults, if all of a products reviews are positive, it raises warnings that maybe the reviews are phony. People expect to see some unfavorable reviews.

Source: Capterra

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

Now a days reviews are much shorter, easier, and more straight to the point. The word count of a review in 2019 is typical to that of tweet from twitter.

Source: Review Trackers

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

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

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

Although we now understand why client reviews are so effective, many businesses apparently do not.

Source: LsaInsider

53% Of Americans Consider Item Reviews And Scores As The Most Vital Part Of The Online Shopping Experience In 2018.

Today's buyers are wary and want the best bang for their buck. It's not surprising that that they consider checking out reviews as a big part of the purchasing decision.

Source: Statista

Majority Of Consumers Will Not Use A Company If It Has Less Than A 4 Star Rating

This stat is among lots of that highlight the significance of online rankings. Now that news of customer satisfaction travels this fast, keeping your clients happy is more crucial than ever.

57% of consumers have actually looked for business with more than four stars in 2018, which is up from 48% in 2017.

11 percent looked only for businesses with a perfect five star rating.

Source: Brightlocal

Online Product Reviews About A Product Can Boost Its Conversion Rate By An Unprecedented 270%

User review stats reveal the purchase possibility for a product with 5 reviews is 270% higher than the exact same item without reviews.

Source: Spiegel Research Center

70 Percent Of Consumers Need To Check Out At Least 4 Reviews Before They Can Rely On A Business

4 reviews may be too few. Most people check out many more reviews to get an idea of how the business is in fact doing. Don't depend upon that figure alone.

Source: Brightlocal

Almost All Consumers, Who Utilize Online Reviews, Read Them Early On In The Purchasing Process

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

With the help of other people, you quickly decide on a model that works for you. That's how positive reviews transform customers into clients.

Source: Consumer Affairs

If They Were Asked, 77% Of Consumers Would Undoubtedly Leave A Review

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

Over a 26% would be willing to submit a review to help other people with their choice making process.

Source: Podium