70 Percent Of Consumers Need To Check Out A Minimum Of 4 Reviews Before They Can Trust A Business

Four reviews may be too few. The majority of people read many more reviews to get a clear view of how the business is in fact doing. Don't depend upon that fact alone.

Source: Brightlocal

Online Reviews Affect 67.7% Of Consumer Buying Decisions

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

Source: Moz

Consumers Could Spend 31% More With A Business That Has Great Reviews

Take note of this statistic. The more detailed other users explain your service or product, the more cash you can charge and consumer review stats reveal to us precisely just how much more.

Source: Martech Zone

A Solitary Business Review Can Lift Its Conversions By 10 Percent

Online review stats reveal user-generated content can do miracles in terms of conversions.

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

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

Source: RevLocal

Most Local Companies Have Approximately 39 Google Reviews

People like to share their experience after they have visited a vendor. Online review trends reveal people choose to comment if they had a favorable experience, rather than a unfavorable or mediocre one.

Source: Brightlocal

15 Percent Of Users Don't Trust Businesses With No Online Reviews

No trust suggests no interactions. 15 percent of prospective consumers won't even consider doing business with a business they can't discover opinions about.

Source: Statuslabs

83 Percent Of Customers Do Not Rely On 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 choose to focus on consumers' suggestions online.

Source: Statuslabs

More Than 4 Negative Reviews About A Company Or Product May Reduce Sales By 70%

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

Naturally, 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

86% Of Consumers Would Think About Composing A Review For A Business

Your customers are your most valuable resource, and it's not just because of the money they invest at your business. They will be ready to share it if you give them a good experience.

Source: Brightlocal

30% Of Clients Feel Positive About A Business Which Answers Online Reviews

Communicating with your customers creates trust. Even something as simple as responding to their comments and reviews can make them feel appreciated.

As you may expect, clients who feel this way are more willing to invest more money with a business.

Source: Statuslabs

67% Of Consumers Say Reviews Are A "Very Crucial" Factor When Picking A Service Provider

Reviews have a huge effect on their decision when customers have to choose a service provider.

Source: DemandGenReport

Reviews Posted On Twitter Can Grow Revenues By 6.46%

Online review statistics reveal that reviews shared on Twitter, do more to grow sales than those on any other social network.

Source: Yotpo

72 Percent Of Clients Won't Take Action Unless They Read Some Reviews

No matter how eye-catching your marketing is, you still need client reviews. There's no way around it. Clients are still happy to hear you out, however they trust other individuals more.

Source: My Testimonial Engine

Just 6 Percent Of Consumers Do Not Rely On Customer Reviews At All

According to client review data, a massive 19% of customers always trust online reviews and never ever a make a purchase without checking out reviews first.

Source: Statista

One-half Of All Millennial's "Always" Read Online Reviews For Companies

More youthful people know the worth of being informed. User-generated content has an indisputable influence on consumers.

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

Source: Brightlocal

American Buyers Regard "Product Performance" To Be The Most Helpful Information In Product Reviews

When individuals check out reviews, they concentrate on various elements of the shopping experience. However according to online review statistics, 60% of them are most interested in the item's performance.

Customer satisfaction, product quality and quality over time are the next couple of considerations for more than 50% of USA customers.

Source: Statista

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

Reputation management stats suggest a business's reputation doesn't impact simply the clients. Prospective team members also take a look at ratings and read reviews.

Source: Deloitte