71% Of Millennials Browse Consumer Reviews Of Expert Services

Over half of all people in need of a professional service turn to online reviews.

According to online reviews data, 59% used online reviews to pick a lawyer or a medical professional.

Younger people (age 18-35) are a lot more inclined to hire a professional based on online reviews. Only 19% of millennials will consider employing a lawyer without any.

Source: Thomson Reuters

Customers Could Invest 31% More With A Business That Has Great Reviews

Pay attention to this statistic. The better other users explain your product and services, the more money you can charge and customer review stats reveal to us exactly just how much more.

Source: Martech Zone

49% Of Consumers Consider The Number Of Online Reviews As A Necessary Consideration Of Their Buying Decision

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

The share of customers, who take notice of the variety of reviews is presently at 46%.

Source: Brightlocal

A Solitary Business Review Can Raise Its Conversions By 10 Percent

Online review statistics show user-generated material can do miracles in regards to conversions.

A single review can have a massive impact on your business.

A hundred reviews can boost your conversion rates by as much as 37%. Two hundred can supply an astonishing 44 percent boost.

Source: RevLocal

Unfavorable Reviews Can Increase Conversion By As Much As 85 Percent

It sounds insane, but negative reviews can be a positive factor for users to devote more time on your website. According to online review statistics, people devote more than five times as long on a site when they read negative reviews.

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

Source: Reevoo

77% Of Individuals Don't Trust Reviews That Are Older Than 3 Months

Clients don't care how excellent your service or product was in the past. Since they are fresh and relevant, is part of why online reviews matter.

Customers understand businesses lose their touch all the time, which is why the majority of them regard older reviews irrelevant.

It is for this reason that businesses need to be constantly asking for reviews.

Source: Statuslabs

88% Of Executives Judge Reputation Risk As A Top Business Concern

Reputation management stats suggest a company's reputation does not impact simply the consumers. Prospective team members likewise take a look at rankings and read reviews.

Source: Deloitte

73 Percent Of Consumers Think Client Reviews Are More Crucial Than Star And Number Rankings

Online review data make it clear individuals aren't satisfied with ratings alone.

Consumer reviews make the stats appear more genuine which is what the potential clients are looking for. Practically a 3rd of customers state composed reviews are the only feature that makes them believe the sites' reviews are helpful and appropriate.

Source: Fan and Fuel

77% Of Customers Would Most Likely Submit A Review If They Were Asked

More than a 35% would do it to notify others about their customer experience and 24% would certainly direct their review to the company itself.

Over a 26% would want to submit a review to assist other individuals with their decision making process.

Source: Podium

Online Product Reviews About An Item Can Raise Its Conversion Rate By An Unprecedented 270%

User review statistics reveal the purchase likelihood for an item with five reviews is 270% higher than the exact same product without reviews.

Source: Spiegel Research Center

98% Of Yelp's Site Visitors Bought From A Business They Found On The Site

Usually, 142 million consumers check out Yelp on a monthly basis. If you haven't declared your free Yelp business page, this is as excellent a time as any.

Source: RevLocal

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

Online review statistics clarify that 63% of customer reviews go on without a reply. That's too bad, because those companies are losing customers that way.

Source: Review Trackers

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

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

Source: Statuslabs

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

Individuals like to share their experience after they have gone to a supplier. Online review trends reveal individuals choose to comment if they had a positive experience, rather than a average or negative one.

Source: Brightlocal

Consumer Reviews On Items Are Relied On Almost 12 Times More Than The Manufacturers' Descriptions

Word-of-mouth reviews are miles ahead of the manufacturers' description. Individuals trust other peoples opinions before they ever trust what the producer says. The reason, producers' descriptions are basically ads.

Source: Martech Zone

70% Of Customers Prefer To Discover A Business Via Reviews And Posts, Instead Of Advertisements

Advertisements are all well and good, but it's worth trying a different approach too. Reviews are without a doubt the very best way to discover the truth about a product or service.

Source: Statuslabs

More Than 4 Negative Reviews About A Company Or Product Might Reduce Sales By 70%

One negative review suffices for 35 percent of a site's visitors to choose not to purchase. 3 negative reviews can cost a business 59% less sales.

Naturally, they can be compensated by the large variety of positive reviews you receive.

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

Source: Martech Zone

Just 6% Of Consumers Don't Rely On Client Reviews At All

According to client review data, a massive 19 percent of customers always trust online reviews and never a make a purchase without checking out reviews.

Source: Statista