Fifty Percent Of All Of The Millennial's "Always" Read Online Reviews For Businesses

Younger people understand the value of being informed. User-generated content has an indisputable influence on consumers.

If businesses stop to consider the power of client reviews over millennials, they will understand what they've been missing out on. Older people are various though, just 6% of individuals aged 55 or older check out reviews.

Source: Brightlocal

15% Of Clients Don't Trust Businesses Without Any Online Reviews

No trust indicates no interactions. 15% of prospective clients will not even think about working with a business they can't find opinions about.

Source: Statuslabs

People Checking Out Reviews On A Mobile Phone Are 127 Percent More Likely To Purchase Than Desktop Users

Mobile users prefer to get things done quicker. Therefore, buying decisions are made quickly.

Online reviews are clearly convincing, yet marketers haven't always come to value the power of them.

Source: Martech Zone

67% Of Customers Say Reviews Are A "Very Important" Factor When Selecting A Solution Provider

Reviews have a massive effect on their decision when consumers have to choose a solution provider.

Source: DemandGenReport

Reviews Are The Most Crucial Part Of The Purchase Choice For Over 90% Of American Customers

24% of US shoppers consider reviews as 'extremely influential'.

To highlight the value of online reviews and rankings, did you understand that 81% of consumers will pay more for an item with reviews and those exact same customers are likewise happy to accept slower shipping times for such products.

Source: Turntonetworks

91% Of Companies Think The Company's Star Rating Can Determine Whether They Win Or Lose A Potential Employee

The 86% of businesses doubt the integrity of online reviews. However, they recognize the enormous effect user rankings have on their business. Unfavorable client or employee reviews can influence 90% of job seekers.

Source: Career Arc

88% Of Americans Declared That Product Reviews Were The Most Influential Factor When Purchasing Home Electronics

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

Source: Statista

Facebook Reviews Impact More Than 50% Of Consumers' Buying Decisions

Facebook is presently the most popular social media which can also affect our purchasing preferences.

According to social media reviews statistics, Facebook affects the majority of users' purchase choices.

If it has favorable reviews, Facebook reviews stats expose that four out of five users are likely to rely on a local business.

Source: RevLocal

88% Of Executives Regard Reputation Risk As A Top Business Problem

Reputation management stats show a business's reputation doesn't impact just the clients. Potential employees also look at ratings and read reviews.

Source: Deloitte

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

Generally, 142 million customers check out Yelp each month. This is as great a time as any if you have not claimed your totally free Yelp business page.

Source: RevLocal

86 Percent Of Customers Would Think About Writing A Review For A Business

Your consumers are your most valuable resource, and it's not just because of the cash they invest at your business. If you give them a great experience, they will be willing to share it.

Source: Brightlocal

53% Of Customers Expect Businesses To Reply Within A Week To Unfavorable Reviews

Online review stats clarify that 63% of customer reviews go on without a reply. That's too bad, because those businesses are losing clients that way.

Source: Review Trackers

Unfavorable Reviews Can Improve Conversion By As Much As 85 Percent

It sounds crazy, but negative reviews can be a positive factor for users to spend more time on your website. According to online review data, people spend more than five times as long on a website when they check out negative reviews.

When there are a mix of negatives and positives, more than two thirds of users trust reviews more. A frustrating 95% suspect censorship or fabricated reviews if there aren't any negative ones.

Source: Reevoo

Almost All Consumers, Who Utilize Online Reviews, Read Them Very Early In The Buying Process

Let's say you want to purchase 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 online reviews.

With the help of other consumers, you quickly choose a model that works for you. That's how favorable reviews transform customers into clients.

Source: Consumer Affairs

Online Reviews Affect 67.7% Of Customer Buying Decisions

More than 2 thirds of buyers concur online reviews are either a "Fairly decisive", "Very decisive", or "Absolutely decisive" part of their decision making process.

Source: Moz

More Than Four Negative Reviews About A Company Or Product Might Reduce Sales By 70%

One negative review suffices for 35% of a website's visitors to decide not to purchase. Three negative reviews can cost a business 59% less sales.

Naturally, they can be compensated by the sheer variety 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

73% Of Consumers Believe Client Reviews Are More Vital Than Star And Number Rankings

Online review statistics make it clear people aren't satisfied with scores alone.

Customer reviews make the statistics appear more genuine which is what the prospective clients are trying to find. Nearly a third of customers say composed reviews are the only function that makes them believe the websites' reviews are useful and relevant.

Source: Fan and Fuel

89% Of Individuals Choose To Read Reviews Using Their Cell Phones

Be it through an app or a mobile internet browser, folks prefer to read reviews on their phones.

Source: Statista