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

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

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

Source: Brightlocal

Online Item Reviews About An Item Can Boost Its Conversion Rate By More Than 270 Percent

User review stats show the purchase possibility for an item with 5 reviews is 270 percent higher than the very same product without reviews.

Source: Spiegel Research Center

Negative Reviews Can Increase Conversion By Up To 85%

It sounds insane, but negative reviews can be a positive driver for users to devote more time on your website. According to online review statistics, individuals spend more than 5 times as long on a website when they check out negative reviews.

More than two-thirds of users trust reviews more when there are a mix of negatives and positives. If there aren't any negative ones, a frustrating 95 percent suspect censorship or fabricated reviews.

Source: Reevoo

83 Percent Of Consumers Do Not Trust Advertising

The traditional channels to reach consumers aren't as influential as they utilized to be. A lot of users who no longer trust advertisements select to take notice of customers' suggestions online.

Source: Statuslabs

91 Percent Of Millennials Have Confidence In Online Reviews As Much As Friends And Family

Online review statistics position customers' reviews as the most credible source of suggestions. Online reviews usually bring the same weight as recommendations from loved ones.

Source: Brightlocal

83% Of All Young Consumers Were Asked To Post A Review Recently

Of those invited, 80% of consumers did leave a review. Overall, businesses have asked 66% of all consumers to leave a review on their business.

Source: Brightlocal

Just 6% Of Customers Do Not Trust Client Reviews At All

According to consumer review statistics, a whopping 19 percent of consumers always rely on online reviews and never a purchase without reading reviews first.

Source: Statista

Software Application Reviews Impact Over 98% Of All Purchasers

18 percent of software application buyers consider reviews to be an essential factor in the purchase procedure. Software reviews have no effect whatsoever on only 2 percent of customers. Two-thirds of them read more than six reviews to make up their mind and 14 percent of them read more than 20 reviews.

Source: Capterra

Favorable Reviews Motivate 68 Percent Of Customers To Use Local Businesses

Since the vast majority of customers check out reviews, you would want yours to be appealing to new customers, right? 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

91% Of Businesses Believe The Business's Star Rating Can Determine Whether They Win Or Lose A Potential Employee

The 86% of companies question the integrity of online reviews. However, they realize the huge effect user rankings have on their business. Undesirable customer or employee reviews can influence 90% of job seekers.

Source: Career Arc

30% Of Consumers Feel Positive About A Company Which Responds To Online Reviews

Keeping in touch with your clients develops trust. Even something easy like responding to their comments and reviews can make them feel appreciated.

As you might expect, customers who feel this way are ready to spend more cash with a company.

Source: Statuslabs

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

Reputation management stats show a business's reputation doesn't impact simply the customers. Prospective team members also look at scores and take a look at reviews.

Source: Deloitte

Facebook Reviews Affect More Than 50% Of Customers' Buying Decisions

Facebook is currently the most popular social media which can likewise affect our buying decisions.

According to social reviews stats, Facebook affects over half of users' purchase decisions.

If it has positive reviews, Facebook reviews stats reveal that 4 out of five users are more likely to trust a local business.

Source: RevLocal

98 Percent Of Yelp's Site Visitors Bought From A Business They Discovered On The Site

Generally, 142 million customers check out Yelp each month. If you have not claimed your complimentary Yelp business page, this is as excellent a time as any.

Source: RevLocal

74 Percent Of Regional Companies Have At Least One Google Review

One review is far from sufficient to enhance your site's SERP ranking.

Taking a look at online rankings data, we found out that a company requires to have at least 40 reviews before consumers "Award" it with a star.

Source: Brightlocal

49% Of Customers Consider The Number Of Online Reviews As A Necessary Consideration Of Their Purchasing Decision

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

The share of consumers, who take notice of the number of reviews is presently at 46 percent.

Source: Brightlocal

15% Of Clients Do Not Trust Businesses Without Online Reviews

No trust indicates no interactions. 15 percent of potential customers will not even think about doing business with a business they can't discover opinions about.

Source: Statuslabs

88% Of Americans Reported That Product Reviews Were The Most Prominent Factor When Buying Home Electronics

Stats reveal that reviews were more beneficial than TV ads at 37%, social media at 23% and display ads at 49%.

Source: Statista