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

Businesses that treat clients well usually prosper, review sites help make certain of that.

Source: Statuslabs

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

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

Source: Spiegel Research Center

Software Reviews Influence Over 98% Of All Purchasers

18 percent of software buyers consider reviews to be an essential factor in the purchase process. Software reviews have no impact whatsoever on just 2 percent of customers. 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

49% Of Consumers Consider The Number Of Online Reviews As A Necessary Consideration Of Their Buying Decision

Customers value not only the quality or nature of the reviews, however they consider their quantity and recency as well.

The share of clients, who take notice of the variety of reviews is presently at 46%.

Source: Brightlocal

67% Of Customers Claim Reviews Are A "Very Crucial" Factor When Selecting A Solution Provider

Reviews have an enormous impact on their decision when consumers have to choose a service provider.

Source: DemandGenReport

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

Facebook is presently the most popular social network which can also influence our buying preferences.

According to social reviews statistics, Facebook affects more than half of users' purchase decisions.

Facebook reviews statistics expose that four out of five users are most likely to rely on a local business if it has positive reviews.

Source: RevLocal

71% Of Millennials Search Consumer Reviews Of Expert Services

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

According to online reviews stats, 59% used online reviews to select a medical professional or a legal representative.

Younger people (age 18-35) are a lot more likely to employ an expert based on online reviews. Only 19% of millennials will think about hiring a lawyer without any.

Source: Thomson Reuters

More Than Four Negative Reviews About A Company Or Service Might Reduce Sales By 70 Percent

One negative review is enough for 35% of a site's visitors to choose not to purchase. 3 negative reviews can cost a business 59 percent fewer sales.

Of course, they can be compensated by the large number of positive reviews you receive.

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

Source: Martech Zone

Only 6 Percent Of Customers Do Not Trust Consumer Reviews At All

According to consumer review stats, a whopping 19 percent of consumers constantly rely on online reviews and never a make a purchase without reading reviews.

Source: Statista

83% Of All Young Consumers Were Invited To Give A Review Recently

Of those invited, 80% of clients did post a review. Overall, companies have asked 66% of all clients to leave a review on their business.

Source: Brightlocal

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

Let's say you want to buy a brand-new automobile and there are several models which fit your requirements. How do you select the very best one for you? Well, you read the reviews.

With the help of other customers, you manage to decide on one that works for you. That's how positive reviews convert customers into clients.

Source: Consumer Affairs

A Lot Of Best Selling Products Have An Average Score Of 4.2 To 4.7

You can't make everyone happy, which is why perfect 5 star rankings are suspicious. That's why it is unnatural to get perfect 5 star scores.

According to customer rating stats, conversion rates start to decrease as rankings rise above 4.7.

Source: Spiegel Research Center

15 Percent Of People Don't Trust Businesses Without Having Online Reviews

No trust suggests no interactions. 15 percent of possible consumers will not even consider working with a company they can't find viewpoints about.

Source: Statuslabs

Clients Could 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 consumer review statistics reveal to us exactly how much more.

Source: Martech Zone