A Lot Of Best-selling Products Have An Average Ranking Of 4.2 To 4.7

You can't make everybody pleased, which is why perfect 5 star ratings are suspicious. Somebody always has a little a gripe. That's why it is abnormal to get perfect 5 star scores. Often a lower ranking in fact helps your overall score.

According to consumer rating stats, conversion rates begin to decrease as scores rise above 4.7.

Source: Spiegel Research Center

91 Percent Of Millennials Depend On Online Reviews As Much As Friends And Family

Online review statistics place customers' reviews as the most credible source of recommendations. Online reviews typically bring the same weight as guidance from friends and family.

Source: Brightlocal

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

Reputation management statistics show a business's reputation does not affect simply the consumers. Prospective employees likewise look at ratings and take a look at reviews.

Source: Deloitte

95% Of Unsatisfied Customers Will Go Back To A Business If A Business Manages To Fix Issues Rapidly And Effectively

Consumers don't anticipate you to be perfect. When things go wrong, they do anticipate you to deal with things. If there is absolutely nothing else a business can do to solve a concern, a simple coupon can say "We are sorry" in a more appealing way.

Source: SocialMediaToday

Customers Might Invest 31% More With A Business That Has Excellent Reviews

Take notice of this fact. The better other users describe your service or product, the more cash you can charge and customer review stats show us precisely how much more.

Source: Martech Zone

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

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

With the help of other people, you quickly pick one that works for you. That's how favorable reviews convert consumers into consumers.

Source: Consumer Affairs

61% Of Regional Businesses Have A Typical Ranking Of 4 Or 5 Stars

Overall two-thirds of companies have great and outstanding scores. Only 5% of businesses have a rating listed below 3 stars.

Source: Brightlocal

If It Has Unfavorable Reviews As Well, 52% Of Customers Trust An Item More

We already touched upon 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 red flags that perhaps the reviews are phony. Consumers anticipate to see some negative reviews.

Source: Capterra

83% Of All Young Customers Were Asked To Submit A Review Recently

Of those invited, 80% of consumers did post a review. Overall, businesses have asked 66% of all customers to give a review on their business.

Source: Brightlocal

Google Accounts For 57.5 Percent Of All Reviews Worldwide

As can be anticipated, Google is in the lead, followed by Facebook, TripAdvisor and others.

Here's the online reviews distribution rankings:

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

Source: Review Trackers

74% Of Regional Companies Have At A Minimum, One Google Review

A single review is far from sufficient to enhance your website's SERP ranking.

Taking a look at online scores statistics, we found out that a company requires to have approximately 40 reviews before customers "Award" it with a star.

Source: Brightlocal

When Purchasing Home Electronics, 88% Of Americans Reported That Product Reviews Were The Most Influential Element

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

Source: Statista