Online Item Reviews About An Item Can Amplify Its Conversion Rate By A Whopping 270 Percent

User review statistics show the purchase probability for a product with 5 reviews is 270% higher than the very same product without reviews.

Source: Spiegel Research Center

Half Of All Millennial's "Constantly" Read Online Reviews For Companies

More youthful individuals understand the value of being informed. User-generated material has an indisputable influence on customers.

They will realize what they've been missing out on if businesses stop to consider the power of client reviews over millennials. Older individuals are different though, only 6% of people aged 55 or older check out reviews.

Source: Brightlocal

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

Of those asked, 80% of customers did give a review. In general, companies have asked 66% of all customers to submit a review on their business.

Source: Brightlocal

15% Of Users Don't Trust Businesses Without Having Online Reviews

No trust means no interactions. 15% of prospective consumers will not even consider working with a company they can't discover opinions about.

Source: Statuslabs

63.6% Of Consumers Check Out 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 third, leaving Facebook (23%) last.

When it comes to trust, these online review statistics reveal the basic popularity of a website can just go so far.

Source: Review Trackers

US Buyers View "Product Performance" To Be The Most Useful Info In Product Reviews

When people read reviews, they focus on different aspects of the shopping experience. But according to online review stats, 60% of them are most thinking about the product's performance.

Customer satisfaction, product quality and quality in time are the next few considerations for more than 50% of USA clients.

Source: Statista

More Than Half Of Consumers Will Not Utilize A Company If It Has Less Than A 4 Star Ranking

This stat is among many that show the value of online ratings. Now that news of client fulfillment travels this fast, keeping your customers happy is more important than ever.

57% of consumers have actually searched for business with more than 4 stars in 2018, which is up from 48% in 2017.

11 percent looked just for services with a perfect five star ranking.

Source: Brightlocal

83% Of Clients Don't Trust Advertising

The conventional channels to reach consumers aren't as influential as they utilized to be. Most users who no longer trust advertisements select to take note of customers' recommendations online.

Source: Statuslabs

53% Of Consumers Anticipate Companies To Respond Within A Week To Unfavorable Reviews

Online review stats show that 63% of client reviews remain without a reaction. That's too bad, since those companies are losing clients that way.

Source: Review Trackers

88% Of Executives Regard Reputation Risk As A Top Business Issue

Reputation management stats show a business's reputation does not affect just the clients. Potential employees likewise take a look at rankings and take a look at reviews.

Source: Deloitte

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

Let's say you wish to purchase a new vehicle and there are several models which fit your criteria. How do you select the best one for you? Well, you read the reviews.

With the help of other customers, you quickly pick a model that works for you. That's how favorable reviews convert consumers into clients.

Source: Consumer Affairs

54% Of Americans Pay The Most Attention To The Average Star Ranking Of A Local Company

The star ranking is the first thing customers see. Still, users take notice of other factors too, like the quantity, recency, length, and sentiment of reviews. Each of these alone affects more than a 3rd of American customers.

Source: Statista

A One Star Increase In Ranking Can Cause A 5% To 9% Boost In Business Revenue

Businesses that treat clients honorably generally prosper, review sites help ensure of that.

Source: Statuslabs

A Lot Of Local Companies Have An Average Of 39 Google Reviews

People like to share their experience after they have visited a supplier. Online review trends reveal people choose to comment if they had a favorable experience, rather than a mediocre or unfavorable one.

Source: Brightlocal

98 Percent Of Yelp's Site Visitors Purchased From A Business They Found On The Site

Generally, 142 million customers go to Yelp each month. This is as excellent a time as any if you haven't claimed your free Yelp business page.

Source: RevLocal