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

Younger people know the worth of being informed. User-generated content has an indisputable effect on consumers.

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

Source: Brightlocal

98% Of Yelp's Site Visitors Purchased From A Business They Found On The Site

Normally, 142 million customers go to Yelp on a monthly basis. If you have not declared your complimentary Yelp business page, this is as good a time as any.

Source: RevLocal

67% Of Customers Report Reviews Are A "Extremely Crucial" Factor When Selecting A Service Provider

When customers have to pick a service provider, reviews have an enormous effect on their decision.

Source: DemandGenReport

A Single Business Review Can Raise Its Conversions By 10%

Online review stats reveal user-generated material can do miracles in regards to conversions.

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

A hundred reviews can raise your conversion rates by as much as 37 percent. Two hundred can offer an astonishing 44% increase.

Source: RevLocal

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

Word-of-mouth reviews are miles ahead of the makers' description. People trust other individuals viewpoints before they ever trust what the producer says. The reason, producers' descriptions are essentially ads.

Source: Martech Zone

More Than 4 Negative Reviews About A Business Or Product Might Reduce Sales By 70%

One negative review is enough for 35% of a website's visitors to choose not to buy. Three negative reviews can cost a business 59 percent fewer sales.

Obviously, they can be compensated by the sheer number of positive reviews you get.

"It takes many good deeds to build a good reputation, and only one bad one to lose it." -Benjamin Franklin

Source: Martech Zone

When Purchasing Home Electronic Devices, 88% Of Americans Stated That Product Reviews Were The Most Prominent Element

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

Source: Statista

The Typical Review Word Count Has Actually Gotten 65% Much Shorter Since 2010

In the present day reviews are much shorter, easier, and more straight to the point. The length of a review in 2019 is typical to that of tweet on twitter.

Source: Review Trackers

30% Of Customers Feel Comfortable With A Business Which Reacts To Online Reviews

Keeping in touch with your consumers creates trust. Even something as basic as responding to their reviews and comments can make them feel appreciated.

As you might anticipate, clients who feel this way are happy to invest more cash with a company.

Source: Statuslabs

Positive Reviews Encourage 68 Percent Of Customers To Use A Local Business

Since the huge majority of consumers check out reviews, you'd want yours to be appealing 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

77% Of Clients Don't Rely On Reviews That Are Older Than 3 Months

Customers don't care how good your service or product was in the past. Part of why online reviews matter is due to the fact that they are fresh and relevant.

Consumers know businesses lose their touch all the time, which is why most of them consider older reviews irrelevant.

It is for this reason that companies need to be constantly requesting reviews.

Source: Statuslabs

Online Reviews Affect 67.7% Of Customer Buying Decisions

More than two thirds of buyers concur online reviews are either a "Fairly decisive", "Very decisive", or "Absolutely decisive" part of their decision making experience.

Source: Moz

Online Product Reviews About A Product Can Amplify Its Conversion Rate By More Than 270%

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

Source: Spiegel Research Center

A One Star Boost In Rating Can Lead To A 5% To 9% Boost In Business Earnings

Businesses that treat consumers well generally flourish, review websites help make sure of that.

Source: Statuslabs

15 Percent Of Customers Do Not Trust Businesses Without Any Online Reviews

No trust indicates no interactions. 15% of possible consumers will not even think about doing business with a company they can't find opinions about.

Source: Statuslabs

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

Pay attention to this fact. The more detailed other users describe your service or product, the more cash you can charge and customer review statistics reveal to us precisely just how much more.

Source: Martech Zone

95% Of Unhappy Clients Will Return To A Company If A Business Deals With Issues Quickly And Efficiently

Clients don't expect you to be perfect. When things go wrong, they do anticipate you to fix things. If there is nothing else a business can do to solve an issue, a simple coupon can say "We're sorry" in a more appealing way.

Source: SocialMediaToday