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

User review statistics reveal the purchase probability for an item with five reviews is 270% higher than the very same item without reviews.

Source: Spiegel Research Center

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

Reputation management statistics indicate a business's reputation does not affect simply the consumers. Potential team members also look at ratings and read reviews.

Source: Deloitte

Online Reviews Affect 67.7% Of Consumer Purchasing Decisions

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

Source: Moz

61 Percent Of Local Businesses Have An Average Ranking Of 4 Or 5 Stars

Overall two-thirds of businesses have excellent and great scores. Just 5% of businesses have a ranking below 3 stars.

Source: Brightlocal

Due To The Fact That They Want To Purchase A Product Or A Service And Desire To Get The Facts About The Businesses Items And Services, 82% Of Consumers Check Out Review Sites.

Review websites are places that customers go to get the truth about a business, services or product . Since they have actually already formed a purchase decision, users come. The bulk of them (89 percent) purchase within a week of their visit. And 29 percent do so in 24 hours.

Source: RevLocal

71% Of Millennials Browse Customer Reviews Of Professional Services

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

According to online reviews data, 59% used online reviews to pick a physician or an attorney.

Younger people (age 18-35) are even more likely to hire a professional based upon online reviews. Just 19% of millennials will consider hiring an attorney without any.

Source: Thomson Reuters

98 Percent Of Yelp's Website Visitors Purchased From A Business They Discovered On The Site

Normally, 142 million customers check out Yelp on a monthly basis. This is as excellent a time as any if you haven't claimed your complimentary Yelp business page.

Source: RevLocal

Software Reviews Influence Over 98 Percent Of All Purchasers

18 percent of software application purchasers consider reviews to be a vital factor in the purchase process. Software reviews have no effect whatsoever on just 2 percent of customers. Two-thirds of them read more than 6 reviews to decide and 14% of them read more than 20 reviews.

Source: Capterra

91 Percent Of Millennials Rely On Online Reviews As Much As Loved Ones

Online review statistics place customers' reviews as the most trustworthy source of suggestions. Online reviews generally bring the exact same weight as suggestions from loved ones.

Source: Brightlocal

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

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

Source: DemandGenReport

83 Percent Of Customers Do Not Trust Advertising

The traditional channels to reach customers aren't as influential as they utilized to be. Most users who no longer trust ads select to take notice of clients' recommendations online.

Source: Statuslabs

Reviews Are The Most Crucial Part Of The Purchase Decision For Over 90% Of US Customers

24% of US buyers consider reviews as 'exceptionally influential'.

To show the significance of online reviews and scores, did you understand that 81% of customers will pay more for a product with reviews and those very same customers are likewise happy to accept slower shipping times for such items.

Source: Turntonetworks

70 Percent Of Consumers Choose To Find Out About A Business By Means Of Reviews And Short Articles, Instead Of Ads

Advertisements are all well and good, but it deserves attempting a different approach as well. Reviews are by far the best method to discover the truth about a product or service.

Source: Statuslabs

Positive Reviews Encourage 68 Percent Of Customers To Use A Local Business

Since the large majority of consumers read reviews, you would want yours to be appealing to new clients, right? 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

If It Has Negative Reviews As Well, 52% Of Customers Trust An Item More

We already touched upon the positive and negative reviews and their effect on consumers. Nevertheless, all products have their faults, if all of a products reviews are positive, it raises red flags that perhaps the reviews are phony. Customers expect to see some unfavorable reviews.

Source: Capterra