Online Item Reviews About An Item Can Boost Its Conversion Rate By A Whopping 270 Percent

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

Source: Spiegel Research Center

Favorable Reviews Encourage 68% Of Customers To Choose A Local Business

Because the large bulk of consumers check out reviews, you would want yours to be appealing to new clients? 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

US Buyers Regard "Product Performance" To Be The Most Helpful Information In Product Reviews

They focus on different elements of the shopping experience when individuals read reviews. But according to online review statistics, 60% of them are most thinking about the product's performance.

Client satisfaction, product quality and quality in time are the next couple of factors to consider for more than 50% of American customers.

Source: Statista

Over Half Of Customers Aged 25 To 34 Published Reviews

According to Statista, the younger generations are plainly the more opinionated ones.

Source: Statista

If They Were Asked, 77% Of Consumers Would Definitely Post A Review

More than a 35% would post a review to notify others about their consumer encounter and 24% would most likely direct their review to the business itself.

Over a 26% would want to give a review to help other people with their choice making process.

Source: Podium

If It Has Less Than A 4 Star Score, More Than Half Of Consumers Won't Use A Company

This stat is one of numerous that show the value of online scores. Now that news of consumer satisfaction travels this fast, keeping your consumers happy is more vital than ever.

57% of consumers have searched for companies with more than four stars in 2018, which is up from 48% in 2017.

11% looked only for services with a best five star score.

Source: Brightlocal

Facebook Reviews Affect More Than 50 Percent Of Consumers' Purchasing Decisions

Facebook is presently the most popular social network which can likewise influence our buying decisions.

According to social media reviews stats, Facebook affects the majority of users' purchase choices.

Facebook reviews stats expose that 4 out of 5 users are more likely to rely on a local business if it has positive reviews.

Source: RevLocal

88% Of Executives Regard Reputation Risk As A Leading Business Concern

Reputation management stats suggest a company's reputation does not impact just the consumers. Prospective employees likewise take a look at rankings and take a look at reviews.

Source: Deloitte

70 Percent Of Consumers Choose To Discover A Business By Means Of Reviews And Articles, Rather Than Advertisements

Ads are all well and good, but it's worth attempting a different approach also. Reviews are by far the best way to discover the truth about a product or service.

Source: Statuslabs

Consumer Reviews On Products Are Relied On Nearly 12 Times More Than The Manufacturers' Descriptions

Word-of-mouth reviews are miles ahead of the manufacturers' description. Individuals trust other individuals viewpoints before they ever trust what the manufacturer says. The reason, manufacturers' descriptions are generally ads.

Source: Martech Zone

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

Let's say you wish to buy a new car and there are numerous models which fit your requirements. How do you choose the very best one for you? Well, you read online reviews.

With the help of other customers, you manage to decide on a model that works for you. That's how positive reviews transform consumers into consumers.

Source: Consumer Affairs