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Online Product Reviews About An Item Can Improve Its Conversion Rate By More Than 270 Percent
User review statistics show the purchase likelihood for an item with 5 reviews is 270 percent higher than the very same item without reviews.
Source: Spiegel Research Center
71% Of Millennials Browse Consumer Reviews Of Expert Services
More than half of all people in need of an expert service turn to online reviews.
According to online reviews data, 59% utilized online reviews to select an attorney or a medical professional.
Young people (age 18-35) are even more inclined to work with an expert based upon online reviews. Just 19% of millennials will consider hiring an attorney without any.
Source: Thomson Reuters
70% Of Customers Prefer To Discover A Business Through Articles And Reviews, Rather Than Advertisements
Advertisements are all well and good, but it's worth trying a different approach too. Reviews are by far the very best way to find the truth about a product or service.
Source: Statuslabs
63.6% Of Customers Go To Google To Read Reviews Of A Business
Considering the last statistic, it comes as a surprise that Yelp (45%) and TripAdvisor (30%) come 2nd and 3rd, leaving Facebook (23%) last.
When it comes to trust, these online review stats show the basic popularity of a site can only go so far.
Source: Review Trackers
83% Of All Younger Consumers Were Asked To Post A Review Recently
Of those asked, 80% of consumers did post a review. In general, companies have asked 66% of all customers to post a review on their business.
Source: Brightlocal
Customer Reviews On Items Are Trusted Almost 12 Times More Than The Makers' Descriptions
Word-of-mouth reviews are miles ahead of the makers' description. People trust other individuals viewpoints before they ever trust what the maker states. The reason, producers' descriptions are generally advertisements.
Source: Martech Zone
49 Percent Of Customers Consider The Quantity Of Online Reviews As An Essential Factor In Their Buying Decision
Customers value not only the quality or nature of the reviews, however they consider their quantity and recency also.
The share of customers, who pay attention to the number of reviews is presently at 46 percent.
Source: Brightlocal
Reviews Are The 3rd Most Influential Ranking Element For Google's Local 3 Pack
Review signals (amount, variety, and so on) account for 15.44% of Google's algorithm for local ranking.
Google My Business signals, like distance and keywords represent 25.12%, and link signals at 16.53%, are more crucial than reviews as far as ranking factors go for the local 3 pack.
Source: Moz
98% Of Yelp's Website Visitors Bought From A Business They Discovered On The Website
Generally, 142 million customers visit Yelp every month. If you have not declared your complimentary Yelp business page, this is as great a time as any.
Source: RevLocal
30% Of Consumers Feel Positive About A Business Which Answers Online Reviews
Corresponding with your customers develops trust. Even something as basic as responding to their reviews and remarks can make them feel appreciated.
As you might anticipate, customers who feel this way are more willing to spend more money with a business.
Source: Statuslabs
Reviews Posted On Twitter Can Improve Sales By 6.46%
Online review statistics show that reviews shared on Twitter, do more to grow sales than those on any other social media platform.
Source: Yotpo