A Lone Business Review Can Raise Its Conversions By 10%

Online review stats reveal user-generated material can do wonders in terms of conversions.

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

A hundred reviews can raise your conversion rates by as much as 37%. Two hundred can supply a mind-blowing 44 percent increase.

Source: RevLocal

Almost All Consumers, Who Utilize Online Reviews, Read Them Very Early In The Buying Process

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

With the help of other consumers, you manage to select one that works for you. That's how positive reviews transform customers into customers.

Source: Consumer Affairs

52% Of Consumers Rely On A Product More If It Has Negative Reviews Also

We already touched upon the negative and positive reviews and their result on customers. Nevertheless, all products have their faults, it raises red flags that maybe the reviews are fake if all of a products reviews are positive. People expect to see some unfavorable reviews.

Source: Capterra

64% Of Americans Agree That User-generated Content (consumer Reviews) Improved Their Shopping Experience In 2017

30% of customers who read consumer reviews, concur that it increases their purchasing confidence.

Businesses utilize the reviews to enhance their products and services.

"We all need people who will give us feedback. That's how we improve." -Bill Gates

Source: Statista

49 Percent Of Customers Consider The Quantity Of Online Reviews As A Vital Factor In Their Purchasing Decision

Customers value not just the quality or nature of the reviews, however they consider their number and recency as well.

The share of consumers, who take note of the variety of reviews is currently at 46 percent.

Source: Brightlocal

72 Percent Of Clients Will Not Take Action Before They Check Out Some Reviews

Irrespective of how alluring your marketing is, you still require client reviews. There's no other way around it. Consumers are still ready to hear you out, however they trust other people more.

Source: My Testimonial Engine

53% Of Customers Anticipate Companies To Answer Back Within A Week To Negative Reviews

Online review stats show that 63% of consumer reviews stay without a reply. That's too bad, due to the fact that those businesses are losing customers that way.

Source: Review Trackers

Positive Reviews Encourage 68% Of Customers To Choose A Local Business

Because the large bulk of customers check out reviews, you would want yours to be appealing to new clients? Keep them short, sweet and positive.

"Kind words can be short and easy to speak, but their echos are truly endless." -Mother Teresa

Source: Brightlocal

86% Of Consumers Would Think About Writing A Review For A Business

Your customers are your most valuable resource, and it's not only because of the cash they invest at your business. If you provide a good experience, they will be willing to share it.

Source: Brightlocal

Reviews Are The Most Vital Part Of The Purchase Decision For Over 90% Of US Consumers

24% of US consumers consider reviews as 'exceptionally influential'.

To highlight the significance of online reviews and rankings, did you know that 81 percent of consumers will pay more for a product with reviews and those same customers are also happy to accept slower shipping times for such items.

Source: Turntonetworks

71% Of Millennials Search Consumer Reviews Of Professional Services

Majority of all people in need of an expert service rely on online reviews.

According to online reviews statistics, 59% used online reviews to select a lawyer or a doctor.

Younger people (age 18-35) are much more inclined to work with an expert based upon online reviews. Just 19% of millennials will think about working with a legal representative without any.

Source: Thomson Reuters

United States Consumers Regard "Product Performance" To Be The Most Useful Information In Product Reviews

They focus on various aspects of the shopping experience when people check out reviews. However according to online review stats, 60% of them are most interested in the product's performance.

Customer satisfaction, product quality and quality in time are the next couple of factors to consider for more than 50% of American customers.

Source: Statista

61% Of Local Businesses Have A Typical Score Of 4 To 5 Stars

Typically two thirds of businesses have excellent and exceptional rankings. Only 5% of businesses have a score listed below 3 stars.

Source: Brightlocal

95% Of Dissatisfied Clients Will Go Back To A Business If A Business Deals With Problems Rapidly And Effectively

Customers don't anticipate you to be perfect. When things go wrong, they do anticipate you to remedy things. If there is nothing else a company can do to deal with a problem, a simple coupon can say "We are sorry" in a more appealing way.

Source: SocialMediaToday

82% Of Customers Go To Review Websites Since They Wish To Purchase A Service Or A Product And Want To Get The Truth About Business Product Or Services.

Review sites are places that people go to get the facts about a service, business or item . Because they have actually already formed a buying decision, users come. The majority of them (89%) buy within a week of their visit. And 29% do so within 24 hours.

Source: RevLocal

Consumers Might Spend 31% More With A Business That Has Great Reviews

Take note of this statistic. The better other users describe your product or service, the more cash you can charge and consumer review statistics show us exactly just how much more.

Source: Martech Zone