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

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

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

Source: Consumer Affairs

91 Percent Of Millennials Have Confidence In Online Reviews As Much As Friends And Family

Online review statistics position consumers' reviews as the most credible source of suggestions. Online reviews usually carry the exact same weight as advice from friends and family.

Source: Brightlocal

63.6 Percent Of Consumers Visit Google To Check For Reviews Of A Business

Considering the last statistic, it comes as a surprise that Yelp (45%) and TripAdvisor (30%) come second and third, leaving Facebook (23%) last.

When it comes to trust, these online review statistics reveal the general popularity of a website can just go so far.

Source: Review Trackers

Positive Reviews Encourage 68% Of Customers To Choose Local Businesses

Because the vast majority of consumers check out reviews, you'd want yours to be appealing to new customers? 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

89% Of Customers Read A Companies Feedback To Reviews

Not only do most shoppers check out the review replies, 30% of them highly value them. Practically 96% read the feedback to their own reviews.

Source: Brightlocal

A Solitary Business Review Can Raise Its Conversions By 10%

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

A single review can have a massive effect on your business.

A hundred reviews can boost your conversion rates by as much as 37%. 2 hundred can offer a mind-blowing 44 percent boost.

Source: RevLocal

Reviews Shared On Twitter Can Grow Online Sales By 6.46%

Online review stats show that reviews shared on Twitter, do more to increase sales than those on any other social network.

Source: Yotpo

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

Overall 2 out of 3 companies have excellent and awesome rankings. Only 5% of businesses have a score listed below three stars.

Source: Brightlocal

Just 44% Of Local Companies Have Actually Accepted 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 significant review platforms are totally free, a remarkably low number of businesses in fact utilize them.

Although we now know why customer reviews are so effective, a lot of businesses obviously do not.

Source: LsaInsider

77% Of Buyers Do Not Trust Reviews That Are Older Than 3 Months

Customers don't care how excellent your service or product was in the past. Since they are fresh and relevant, is part of why online reviews matter.

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

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

Source: Statuslabs

91% Of Businesses Think The Business's Star Rating Can Determine Whether They Win Or Lose A Possible Team Member

The 86% of companies question the integrity of online reviews. However, they understand the massive impact user ratings have on their business. Undesirable consumer or staff member reviews can affect 90% of job seekers.

Source: Career Arc

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

No trust implies no interactions. 15% of potential clients won't even consider working with a company they can't discover viewpoints about.

Source: Statuslabs

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

One review is far from enough to improve your website's SERP ranking.

Looking at online ratings stats, we discovered that a business requires to have approximately 40 reviews before people "Award" it with a star.

Source: Brightlocal

The Majority Of Best Selling Items Have A Typical Score Of 4.2 To 4.7

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

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

Source: Spiegel Research Center

67% Of Customers Claim Reviews Are A "Very Crucial" Factor When Choosing A Service Provider

When customers need to pick a solution provider, reviews have an enormous influence on their decision.

Source: DemandGenReport

If They Were Asked, 77% Of Customers Would Probably Give A Review

More than a 35% would submit a review to inform others about their client encounter and 24% would certainly direct their review to the company itself.

Over a 26% would be willing to give a review to help other people with their decision making process.

Source: Podium