More Than Four Negative Reviews About A Company Or Service May Decrease Sales By 70 Percent

One negative review suffices for 35 percent of a site's visitors to choose not to buy. Three negative reviews can cost a business 59% less sales.

Of course, they can be compensated by the sheer variety of positive reviews you get.

"It takes many good deeds to build a good reputation, and only one bad one to lose it." -Benjamin Franklin

Source: Martech Zone

70 Percent Of Consumers Prefer To Discover A Business By Means Of Articles And Reviews, Instead Of Advertisements

Advertisements are all well and good, but it's worth trying a different approach also. Reviews are by far the best method to find the truth about a service or product.

Source: Statuslabs

77% Of Clients Would Give A Review If They Were Asked

More than a 35% would leave a review to inform others about their client experience and 24% would probably direct their review to the business itself.

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

Source: Podium

15% Of Customers Do Not Trust Businesses Without Any Online Reviews

No trust suggests no interactions. 15% of potential customers will not even consider doing business with a company they can't discover opinions about.

Source: Statuslabs

60% Of Customers Seek Advice From Blog And Social Media Network Reviews On Their Mobile Phones Before Shopping

In-store shopping is influenced considerably by blogs and reviews on social media. With men being two times as likely to be affected than ladies.

Reviews and ranking data show people value the viewpoint of peers more than any other material.

Source: Collective Bias

Consumers Could Spend 31% More With A Business That Has Excellent Reviews

Focus on this statistic. The better other users explain your product or service, the more cash you can charge and customer review stats reveal to us exactly just how much more.

Source: Martech Zone

63.6 Percent Of Consumers Visit Google To Check For Reviews Of A Business

Considering the last stat, it comes as a surprise that Yelp (45%) and TripAdvisor (30%) come second and 3rd, leaving Facebook (23%) behind.

These online review stats reveal the general appeal of a website can just presume when it comes to trust.

Source: Review Trackers

Reviews Posted On Twitter Can Increase Online Sales By 6.46%

Online review data show that reviews shared on Twitter, do more to boost sales than those on any other social network.

Source: Yotpo

Almost All Customers, Who Use Online Reviews, Read Them Early In The Purchasing Process

Let's say you want to purchase a new car and there are a number of models which fit your requirements. How do you choose the very best one for you? Well, you read reviews.

With the help of other customers, you manage to select a model that works for you. That's how favorable reviews convert consumers into consumers.

Source: Consumer Affairs

US Buyers Consider "Product Performance" To Be The Most Valuable Information In Product Reviews

When people read reviews, they concentrate on different elements of the shopping experience. However 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 couple of factors to consider for more than 50% of USA clients.

Source: Statista

A One Star Increase In Rating Can Result In A 5% To 9% Increase In Business Earnings

Businesses that treat clients well normally prosper, review websites help make certain of that.

Source: Statuslabs

90% Of Clients Need Less Than 10 Reviews To Form An Opinion About A Business

You understand what people state about impressions, right?

Users get their impression of your businesses through reviews. Generally through less than 10 of them.

Think about asking your visitors to write one if you don't have reviews on your website.

Source: Martech Zone