Online Product Reviews About An Item Can Raise Its Conversion Rate By An Incredible 270 Percent

User review statistics reveal the purchase possibility for a product with five reviews is 270 percent higher than the same item without reviews.

Source: Spiegel Research Center

The Typical Review Word Count Has Become 65% Shorter Since 2010

Recently reviews are shorter, easier, and more straight to the point. The word count of a review in 2019 is proportionate to that of a twitter tweet.

Source: Review Trackers

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

Online review statistics put consumers' reviews as the most credible source of suggestions. Online reviews typically bring the very same weight as suggestions from loved ones.

Source: Brightlocal

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

Reputation management stats indicate a company's reputation does not impact simply the consumers. Potential employees also take a look at rankings and read reviews.

Source: Deloitte

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

Data reveal that reviews were more successful than Television ads at 37%, social media at 23% and display advertisements at 49%.

Source: Statista

64% Of Americans Concur That User-generated Content (customer Reviews) Improved Their Shopping Experience In 2017

30 percent of customers who read consumer reviews, concur that it increases their buying confidence.

Organizations utilize the reviews to enhance their services and products.

"We all need people who will give us feedback. That's how we improve." -Bill Gates

Source: Statista

Because They Desire To Buy A Product Or A Service And Want To Get The Truth About The Businesses Items And Services, 82 Percent Of Customers Check Out Review Websites.

Review websites are locations that customers go to get the facts about a item, service or business . Users come since they have currently formed a buying decision. The bulk of them (89%) purchase within a week of their visit. And 29 percent do so in 24 hours.

Source: RevLocal

60 Percent Of Customers Check Out Blog And Social Media Network Reviews On Their Mobile Phones Before Shopping

In-store shopping is influenced considerably by blogs and reviews on social media. With men being twice as likely to be affected than women.

Reviews and rating stats reveal people value the viewpoint of peers more than any other content.

Source: Collective Bias

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

Considering the last statistic, it comes as a surprise that Yelp (45%) and TripAdvisor (30%) come 2nd and third, leaving Facebook (23%) behind.

When it comes to trust, these online review stats reveal the general appeal of a website can only go so far.

Source: Review Trackers

83% Of Clients Don't Rely On Advertising

The conventional channels to reach customers aren't as prominent as they used to be. The majority of users who no longer trust ads select to take notice of consumers' suggestions online.

Source: Statuslabs

Reviews Published On Twitter Can Help Grow Online Sales By 6.46%

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

Source: Yotpo

The Majority Of Customers Aged 25-34 Submitted Reviews

According to Statista, the more youthful generations are apparently the more vocal ones.

Source: Statista

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

Let's say you wish to buy a brand-new vehicle and there are numerous models which fit your criteria. How do you choose the very best one for you? Well, you read the reviews.

With the help of other consumers, you manage to select one that works for you. That's how favorable reviews convert consumers into consumers.

Source: Consumer Affairs

A Solitary Business Review Can Raise Its Conversions By 10 Percent

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

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

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

Source: RevLocal

53% Of Consumers Expect Companies To Answer Back Within A Week To Negative Reviews

Online review statistics reveal that 63% of customer reviews stay without a reaction. That's too bad, because those companies are losing clients that way.

Source: Review Trackers

A One Star Boost In Score Can Result In A 5% To 9% Boost In Business Profits

Businesses that treat consumers well generally succeed, review sites help make certain of that.

Source: Statuslabs

77% Of Clients Don't Trust Reviews That Are Older Than Three Months

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

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

It is for this reason that businesses need to be continuously asking for reviews.

Source: Statuslabs

73 Percent Of Consumers Believe Written Reviews Are More Important Than Star And Number Scores

Online review stats make it clear individuals aren't satisfied with ratings alone.

Written reviews make the stats appear more authentic which is what the potential customers are looking for. Nearly a third of customers say composed reviews are the only function that makes them think the sites' reviews are appropriate and helpful.

Source: Fan and Fuel