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91 Percent Of Millennials Trust In Online Reviews As Much As Friends And Family
Online review stats put clients' reviews as the most reliable source of suggestions. Online reviews usually carry the exact same weight as suggestions from family and friends.
Source: Brightlocal
61 Percent Of Local Businesses Have A Typical Ranking Of 4 To 5 Stars
Overall two-thirds of businesses have great and awesome scores. Just 5% of businesses have a score listed below 3 stars.
Source: Brightlocal
Reviews Shared On Twitter Can Boost Online Sales By 6.46 Percent
Online review statistics show that reviews shared on Twitter, do more to grow sales than those on any other social network.
Source: Yotpo
Online Product Reviews About An Item Can Raise Its Conversion Rate By More Than 270 Percent
User review stats reveal the purchase possibility for a product with five reviews is 270 percent higher than the exact same item without reviews.
Source: Spiegel Research Center
When Purchasing Home Electronics, 88% Of Americans Claimed That Product Reviews Were The Most Influential Aspect
Stats reveal that reviews were more helpful than Television advertisements at 37%, social media at 23% and display ads at 49%.
Source: Statista
77% Of Consumers Would Most Likely Post A Review If They Were Asked
More than a 35% would do it to inform others about their customer encounter and 24% would undoubtedly direct their review to the company itself.
Over a 26% would want to post a review to help other people with their choice making process.
Source: Podium
72% Of Consumers Will Not Take Action Unless They Check Out Some Reviews
Regardless of how captivating your marketing is, you still need consumer reviews. There is no way around it. Consumers are still going to hear you out, but they rely on other people more.
Source: My Testimonial Engine
Clients Could Spend 31% More With A Business That Has Excellent Reviews
Pay attention to this fact. The better other users describe your service or product, the more money you can charge and consumer review statistics reveal to us exactly just how much more.
Source: Martech Zone
98 Percent Of Yelp's Visitors Bought From A Business They Discovered On The Site
Generally, 142 million customers check out Yelp on a monthly basis. If you haven't claimed your free Yelp business page, this is as good a time as any.
Source: RevLocal
95% Of Travelers Check Out Online Reviews Prior To Scheduling Travel Services
Leisure and business tourists alike read reviews to form a viewpoint. Business tourists read an average of 5 reviews vs. 6-7 for leisure tourists.
Source: Trust You
Just 6 Percent Of Consumers Do Not Trust Customer Reviews At All
According to client review statistics, a whopping 19% of consumers constantly trust online reviews and never ever a buy without reading reviews first.
Source: Statista
Reviews Are The Most Crucial Part Of The Purchase Decision For Over 90% Of United States Consumers
24% of US buyers consider reviews as 'incredibly influential'.
To show the importance of online reviews and rankings, did you understand that 81 percent of customers will pay more for a product with reviews and those very same consumers are likewise ready to accept slower shipping times for such products.
Source: Turntonetworks
A Solitary Business Review Can Raise Its Conversions By 10%
Online review statistics show user-generated content 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 percent. 2 hundred can provide a mind-blowing 44 percent boost.
Source: RevLocal
77% Of Consumers Don't Rely On Reviews That Are Older Than 3 Months
Consumers don't care how excellent your service or product was in the past. Part of why online reviews matter is since they are fresh and relevant.
Customers know businesses lose their touch all the time, which is why most of them find older reviews unimportant.
It is for this reason that businesses need to be continuously requesting reviews.
Source: Statuslabs
More Than 4 Negative Reviews About A Business Or Product May Reduce Sales By 70 Percent
One negative review suffices for 35 percent of a website's visitors to decide not to purchase. Three negative reviews can cost a business 59% less sales.
Obviously, they can be compensated by the large variety 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
53% Of Americans Consider Product Reviews And Rankings As The Most Vital Part Of Online Shopping.
Today's shoppers are wary and want the very best bang for their dollar. It's no surprise that they consider reading reviews as a huge part of the buying decision.
Source: Statista