Online Item Reviews About An Item Can Improve Its Conversion Rate By More Than 270%

User review statistics reveal the purchase likelihood for an item with 5 reviews is 270% higher than the exact same product without reviews.

Source: Spiegel Research Center

Majority Of Consumers Will Not Use A Business If It Has Less Than A 4 Star Rating

This stat is one of many that illustrate the value of online ratings. Now that news of customer satisfaction travels this fast, keeping your consumers delighted is more important than ever.

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

11% looked only for businesses with a perfect five star ranking.

Source: Brightlocal

Clients Could Spend 31 Percent More With A Business That Has Great Reviews

Focus on this statistic. The more detailed other users describe your service or product, the more money you can charge and consumer review statistics reveal to us exactly just how much more.

Source: Martech Zone

The Majority Of Local Businesses Have Approximately 39 Google Reviews

Individuals like to share their experience after they've visited a vendor. Online review trends show people prefer to comment if they had a positive experience, instead of a average or unfavorable one.

Source: Brightlocal

83 Percent Of Customers Don't Trust Advertising

The standard channels to reach customers aren't as influential as they used to be. The majority of users who no longer trust advertisements select to take note of customers' recommendations online.

Source: Statuslabs

Only 44 Percent Of Local Companies Have Actually Claimed Their Google My Business Listing

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

While business listings on the major review platforms are totally free, a remarkably low number of companies in fact utilize them.

Although we now understand why customer reviews are so effective, the majority of businesses obviously don't.

Source: LsaInsider

The Majority Of Customers Aged 25-34 Published Reviews

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

Source: Statista

54% Of Americans Pay The Most Attention To The Typical Star Ranking Of A Local Company

The star ranking is the first thing customers see. Still, users focus on other elements also, like the amount, recency, length, and belief of reviews. Each of these alone influences more than a third of US consumers.

Source: Statista

Since They Want To Buy A Service Or A Product And Want To Get The Truth About The Businesses Items And Services, 82% Of Customers Go To Review Sites.

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

Source: RevLocal

60 Percent Of Consumers Seek Advice From Blog And Social Media Network Reviews On Their Cell Phones Prior To Shopping

In-store shopping is influenced considerably by blogs and reviews on social media. With men being twice as likely to be affected than ladies.

Reviews and rating statistics show individuals value the viewpoint of peers more than any other material.

Source: Collective Bias

A Solitary Business Review Can Lift Its Conversions By 10%

Online review statistics show user-generated material can do wonders in regards to conversions.

A single review can have an enormous effect on your business.

A hundred reviews can increase your conversion rates by as much as 37 percent. 2 hundred can provide an astonishing 44% increase.

Source: RevLocal

Half Of All Of The Millennial's "Always" Check Out Online Reviews For Businesses

Younger individuals know the worth of being informed. User-generated material has an unassailable effect on consumers.

They will realize what they've been missing out on if businesses stop to think about the power of customer reviews over millennials. Older individuals are various though, only 6% of people aged 55 or older check out reviews.

Source: Brightlocal

89% Of Shoppers Prefer To Read Reviews On Their Mobile Phones

Be it through an app or a mobile web browser, everyday people prefer to read reviews on their phones.

Source: Statista

Software Application Reviews Impact Over 98% Of All Buyers

18 percent of software application purchasers consider reviews to be an important factor in the purchase process. Software application reviews have no effect whatsoever on only 2 percent of consumers. Two-thirds of them read more than 6 reviews to make up their mind and 14% of them read more than 20 reviews.

Source: Capterra

15% Of Customers Do Not Trust Businesses With No Online Reviews

No trust indicates no interactions. 15% of possible consumers will not even consider working with a business they can't discover opinions about.

Source: Statuslabs

88% Of Americans Claimed That Product Reviews Were The Most Prominent Factor When Buying Home Electronics

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

Source: Statista