A Single Business Review Can Raise Its Conversions By 10 Percent

Online review stats reveal user-generated material can do miracles in terms of conversions.

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

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

Source: RevLocal

Online Product Reviews About An Item Can Improve Its Conversion Rate By A Staggering 270%

User review stats reveal the purchase probability for a product with five reviews is 270% higher than the same item without reviews.

Source: Spiegel Research Center

Reviews Shared On Twitter Can Boost Sales By 6.46 Percent

Online review stats reveal that reviews shared on Twitter, do more to boost sales than those on any other social media platform.

Source: Yotpo

If A Company Makes An Effort To Resolve Issues Quickly And Effectively, 95% Of Unsatisfied Clients Will Return To A Company

Consumers do not anticipate you to be perfect. When things go wrong, they do expect you to deal with things. If there is absolutely nothing else a company can do to resolve an issue, a simple coupon can say "We are sorry" in a more enticing way.

Source: SocialMediaToday

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

Review signals (quantity, diversity, and so on) account for 15.44% of Google's algorithm for local ranking.

Google My Business signals, like distance and keywords represent 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

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

Normally, 142 million consumers go to Yelp on a monthly basis. This is as good a time as any if you have not declared your totally free Yelp business page.

Source: RevLocal

Consumers Could Spend 31 Percent More With A Business That Has Fantastic Reviews

Focus on this fact. The better other users describe your service or product, the more money you can charge and consumer review stats show us exactly just how much more.

Source: Martech Zone

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

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

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

Source: Podium

52% Of Customers Rely On A Product More If It Has Unfavorable Reviews Also

We already discussed the positive and negative reviews and their effect on consumers. However, all products have their faults, if all of a products reviews are positive, it raises warnings that perhaps the reviews are fake. Consumers anticipate to see some negative reviews.

Source: Capterra

83 Percent Of Customers Do Not Rely On Advertising

The conventional channels to reach consumers aren't as prominent as they used to be. A lot of users who no longer trust ads choose to take notice of consumers' suggestions online.

Source: Statuslabs

53% Of Consumers Anticipate Businesses To Reply Within A Week To Negative Reviews

Online review stats reveal that 63% of consumer reviews remain without a reaction. That's too bad, since those businesses are losing clients that way.

Source: Review Trackers

When Buying Home Electronic Devices, 88% Of Americans Declared That Product Reviews Were The Most Prominent Aspect

Data reveal that reviews were more effective than Television ads at 37%, social networks at 23% and display advertisements at 49%.

Source: Statista

Favorable Reviews Motivate 68% Of Consumers To Choose A Local Business

Because the vast bulk of consumers check out reviews, you would want yours to be inviting to brand-new consumers, right? Keep them short, positive and sweet.

"Kind words can be short and easy to speak, but their echos are truly endless." -Mother Teresa

Source: Brightlocal

71% Of Millennials Browse Consumer Reviews Of Expert Services

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

According to online reviews data, 59% utilized online reviews to pick a physician or an attorney.

Younger people (age 18-35) are much more inclined to work with a professional based on online reviews. Only 19% of millennials will think about hiring a legal representative without any.

Source: Thomson Reuters

Clients Reading Reviews On A Mobile Phone Are 127% Most Likely To Purchase Than Desktop Users

Mobile users choose to get things done much faster. For that reason, purchasing decisions are made rapidly.

Online reviews are certainly persuasive, yet marketers have not necessarily come to appreciate the power of them.

Source: Martech Zone

15 Percent Of Consumers Do Not Trust Businesses Without Having Online Reviews

No trust indicates no interactions. 15 percent of potential consumers won't even think about doing business with a business they can't discover viewpoints about.

Source: Statuslabs

67% Of Consumers Report Reviews Are A "Very Crucial" Factor When Picking A Solution Provider

When clients have to pick a service provider, reviews have a huge effect on their decision.

Source: DemandGenReport