49 Percent Of Consumers Consider The Quantity Of Online Reviews As A Vital Consideration Of Their Buying Decision

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

The share of customers, who pay attention to the variety of reviews is currently at 46%.

Source: Brightlocal

When Buying Home Electronics, 88% Of Americans Declared That Product Reviews Were The Most Influential Factor

Statistics reveal that reviews were more beneficial than Television advertisements at 37%, social media at 23% and display ads at 49%.

Source: Statista

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

Reputation management stats indicate a business's reputation doesn't impact simply the consumers. Prospective employees likewise look at scores and take a look at reviews.

Source: Deloitte

95 Percent Of Travelers Read Online Reviews Prior To Scheduling Travel Related Services

Leisure and business tourists alike read reviews to form an opinion. Business tourists read approximately 5 reviews vs. 6-7 for leisure tourists. 59% of all tourists report that they read reviews 'constantly' or 'extremely often'.

Source: Trust You

82 Percent Of Consumers Go To Review Sites Because They Wish To Purchase A Service Or An Item And Wish To Get The Truth About Business Products And Services.

Users come because they have actually currently formed a purchase decision. The majority of them (89 percent) purchase within a week of their visit.

Source: RevLocal

Google Represents 57.5% Of All Reviews Around The Globe

Google is the clear winner as far as circulation goes, however they are not the only ones in the game.

These are the online reviews circulation rankings:

Google at 57.5%, Facebook with 19%, TripAdvisor with 8.4%, Yelp with 6.6% and Others at 8.6%.

Source: Review Trackers

67% Of Customers Claim That Reviews Are A "Very Crucial" Factor When Picking A Solution Provider

Reviews have an enormous effect on their decision when customers have to choose a service provider.

Source: DemandGenReport

A Solitary Business Review Can Raise Its Conversions By 10 Percent

Online review statistics show user-generated content can do wonders in terms of conversions.

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

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

Source: RevLocal

American Buyers Regard "Product Performance" To Be The Most Valuable Detail In Product Reviews

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

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

Source: Statista

52% Of Consumers Rely On A Product More If It Has Negative Reviews As Well

We already discussed the negative and positive reviews and their impact on customers. However, all products have their faults, if all of a products reviews are positive, it raises red flags that perhaps the reviews are phony. Customers expect to see some unfavorable reviews.

Source: Capterra

Reviews Are The 3rd Most Prominent Ranking Factor For Google's Local 3 Pack

Review signals (quantity, variety, etc.) account for 15.44% of Google's algorithm for local ranking.

Google My Business signals, like proximity and keywords account for 25.12%, and link signals at 16.53%, are more vital than reviews as far as ranking aspects go for the local 3 pack.

Source: Moz

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

The star rating is the first thing consumers see. Still, users take note of other factors too, like the quantity, recency, length, and sentiment of reviews. Each of these alone influences more than a third of American consumers.

Source: Statista

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

User review statistics show the purchase probability for an item with five reviews is 270 percent higher than the exact same product without reviews.

Source: Spiegel Research Center

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

Corresponding with your consumers develops trust. Even something easy like reacting to their comments and reviews can make them feel appreciated.

As you may expect, clients who feel this way are happy to spend more cash with a business.

Source: Statuslabs

90% Of Clients Require Less Than 10 Reviews To Form A Viewpoint About A Business

You know what individuals say about first impressions, right?

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

If you do not have reviews on your site, think about asking your visitors to write one.

Source: Martech Zone

72% Of Customers Won't Take Action Unless They Check Out Some Reviews

No matter how appealing your marketing is, you still need consumer reviews. There's no skirting around it. Customers are still going to hear you out, but they rely on other people more.

Source: My Testimonial Engine

83 Percent Of Consumers Do Not Trust Advertising

The conventional channels to reach clients aren't as influential as they used to be. The majority of users who no longer trust ads pick to pay attention to consumers' recommendations online.

Source: Statuslabs

73 Percent Of Consumers Believe Consumer Reviews Are More Vital Than Star And Number Rankings

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

Written reviews make the stats appear more genuine which is what the prospective consumers are trying to find. Almost a third of customers state composed reviews are the only feature that makes them think the sites' reviews are helpful and pertinent.

Source: Fan and Fuel