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

More youthful people understand the value of being informed. User-generated content has an unassailable influence on consumers.

If businesses stop to consider the power of consumer reviews over millennials, they will understand what they've been losing out on. Older people are various though, only 6% of people aged 55 or older check out reviews.

Source: Brightlocal

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

Businesses that treat clients honorably usually succeed, review websites help ensure of that.

Source: Statuslabs

Over Half Of People Aged 25 To 34 Posted Reviews

According to Statista, the younger generations are obviously the more vocal ones.

Source: Statista

70% Of Customers Need To Check Out At Least 4 Reviews Before They Can Trust A Business

Four reviews may be too few. Most people check out much more reviews to get a clear view of how the business is in fact doing. Do not depend upon that fact alone.

Source: Brightlocal

Since They Want To Purchase A Product Or A Service And Want To Get The Truth About The Businesses Products And Services, 82% Of Consumers Check Out Review Sites.

Users come due to the fact that they have already formed a purchase decision. The majority of them (89 percent) buy within a week of their visit.

Source: RevLocal

71% Of Millennials Browse Customer Reviews Of Expert Services

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

According to online reviews stats, 59% utilized online reviews to pick a doctor or an attorney.

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

Source: Thomson Reuters

67% Of Consumers Admit Reviews Are A "Extremely Important" Factor When Choosing A Solution Provider

When consumers need to choose a solution provider, reviews have a huge impact on their decision.

Source: DemandGenReport

Negative Reviews Can Boost Conversion By Up To 85%

It sounds insane, but negative reviews can be a positive driver for users to devote more time on your site. According to online review statistics, people spend more than five times as long on a website when they read 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 unfavorable ones, a frustrating 95 percent suspect censorship or faked reviews.

Source: Reevoo

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

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

Consumers understand businesses lose their touch all the time, which is why most of them consider older reviews unimportant.

It is for this reason that businesses ought to be continuously requesting reviews.

Source: Statuslabs

Facebook Reviews Impact More Than 50 Percent Of Customers' Purchasing Decisions

Facebook is presently the most popular social network which can also influence our purchasing preferences.

According to social media reviews data, Facebook impacts more than half of users' purchase decisions.

Facebook reviews stats expose that four out of five users are more likely to trust a local business if it has favorable reviews.

Source: RevLocal

American Buyers View "Product Performance" To Be The Most Valuable Info In Product Reviews

When individuals check out reviews, they focus on various aspects of the shopping experience. But according to online review statistics, 60% of them are most thinking about the item's performance.

Client satisfaction, product quality and quality over time are the next few considerations for more than 50% of USA customers.

Source: Statista

88% Of Executives Consider Reputation Risk As A Leading Business Problem

Reputation management statistics indicate a company's reputation doesn't impact simply the customers. Potential team members likewise look at scores and read reviews.

Source: Deloitte

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

Online review statistics reveal that 63% of customer reviews go on without a reply. That's regrettable, since those businesses are losing clients that way.

Source: Review Trackers

Only 6 Percent Of Customers Don't Rely On Customer Reviews At All

According to customer review statistics, a massive 19% of consumers always trust online reviews and never a make a purchase without reading reviews.

Source: Statista

A Lone Business Review Can Lift Its Conversions By 10 Percent

Online review stats show user-generated content can do miracles in regards to conversions.

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

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

Source: RevLocal

Only 44% Of Local Businesses Have Claimed Their Google My Business Listing

That's 56 percent of your competition that aren't making the most of their listing.

While business listings on the significant review platforms are free, a remarkably low number of companies actually use them.

Although we now know why client reviews are so powerful, most businesses apparently do not.

Source: LsaInsider