Almost All Consumers, Who Use Online Reviews, Read Them Early On In The Purchasing 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 pick the very best one for you? Well, you read reviews.

With the help of other customers, you quickly choose one that works for you. That's how favorable reviews convert customers into customers.

Source: Consumer Affairs

Negative Reviews Can Increase Conversion By Up To 85 Percent

It sounds insane, but negative reviews can be a positive factor for users to devote more time on your website. According to online review stats, people spend more than five times as long on a website when they read negative reviews.

More than two thirds of users trust reviews more when there are a mix of negatives and positives. If there aren't any negative ones, a frustrating 95% suspect censorship or fabricated reviews.

Source: Reevoo

74% Of Local Companies Have At Least One Google Review

A single review is far from sufficient to enhance your website's SERP ranking.

Looking at online ratings statistics, we discovered that a business needs to have a minimum of 40 reviews before consumers "Award" it with a star.

Source: Brightlocal

63.6 Percent Of Customers 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 2nd and 3rd, leaving Facebook (23%) at the bottom of the list.

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

Source: Review Trackers

95% Of Dissatisfied Customers Will Return To A Business If A Business Takes Care Of Problems Rapidly And Efficiently

Consumers don't anticipate you to be perfect. When things go wrong, they do expect you to fix things. If there's nothing else a company can do to deal with a concern, a simple coupon can say "We are sorry" in a more enticing way.

Source: SocialMediaToday

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

Review websites are locations that people go to get the facts about a item, business or service . Users come due to the fact that they have actually already formed a buying decision. The majority of them (89 percent) buy within a week of their visit. And 29% do so in 24 hours.

Source: RevLocal

Online Item Reviews About A Product Can Increase Its Conversion Rate By More Than 270 Percent

User review stats reveal the purchase likelihood for a product with 5 reviews is 270 percent higher than the exact same product without reviews.

Source: Spiegel Research Center

Most Local Companies Have An Average Of 39 Google Reviews

Individuals like to share their experience after they have visited a supplier. Online review trends show individuals choose to comment if they had a positive experience, instead of a unfavorable or average one.

Source: Brightlocal

Online Reviews Affect 67.7% Of Customer Purchasing Decisions

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

Source: Moz

61 Percent Of Regional Businesses Have A Typical Score Of 4 Or 5 Stars

Typically 2 out of 3 businesses have great and outstanding ratings. Only 5% of companies have a score listed below three stars.

Source: Brightlocal

60% Of Consumers Consult Blog And Social Network Reviews On Their Mobile Devices Prior To Shopping

In-store purchasing is affected significantly by blogs and reviews on social media. With men being twice as likely to be influenced than ladies.

Reviews and rating data reveal individuals value the viewpoint of peers more than any other content.

Source: Collective Bias

Most Best Selling Items Have A Typical Ranking Of 4.2 To 4.7

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

According to client rating stats, conversion rates start to reduce as scores rise above 4.7.

Source: Spiegel Research Center

Reviews Are The Most Crucial Part Of The Purchase Choice For Over 90% Of USA Clients

24% of US consumers consider reviews as 'extremely influential'.

To show the value of online reviews and scores, did you understand that 81% of consumers will pay more for an item with reviews and those same clients are likewise ready to accept slower shipping times for such products.

Source: Turntonetworks

89% Of Shoppers Like To Read Reviews Using Their Mobile Devices

Be it via an app or a mobile browser, consumers prefer to read reviews on their smart phones.

Source: Statista

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

Typically, 142 million customers visit Yelp each month. This is as great a time as any if you have not claimed your totally free Yelp business page.

Source: RevLocal

Reviews Published On Twitter Can Help Improve Revenues By 6.46%

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

Source: Yotpo

A Single Business Review Can Raise Its Conversions By 10 Percent

Online review stats show user-generated material can do miracles in regards to conversions.

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

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

Source: RevLocal