A Lone Business Review Can Lift Its Conversions By 10%

Online review statistics reveal user-generated material can do miracles in regards to conversions.

A single review can have an enormous impact on your business.

A hundred reviews can increase your conversion rates by as much as 37 percent. Two hundred can supply a mind-blowing 44 percent increase.

Source: RevLocal

53 Percent Of Americans Consider Product Reviews And Rankings As The Most Important Part Of Online Shopping.

Today's consumers are wary and want the best bang for their dollar. It's not surprising that that they consider reading reviews as a huge part of the buying decision.

Source: Statista

Reviews Posted On Twitter Can Increase Online Sales By 6.46 Percent

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

Source: Yotpo

70% Of Customers Need To Check Out At Least 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 better idea of how the business is in fact doing. Don't depend upon that statistic alone.

Source: Brightlocal

89% Of Clients Review A Companies Feedback To Reviews

Not only do many consumers check out the review replies, 30% of them value them highly. Nearly 96% read the feedback to their own reviews.

Source: Brightlocal

82 Percent Of Consumers Check Out Review Sites Since They Want To Acquire A Product Or A Service And Want To Get The Facts About The Businesses Services And Products.

Review sites are places that people go to get the truth about a service, product or business. Because they have currently formed a purchase decision, users come. The bulk of them (89%) purchase within a week of their visit. And 29 percent do so in 24 hours.

Source: RevLocal

Online Reviews Impact 67.7% Of Customer Buying Decisions

More than 2 thirds of consumers concur online reviews are either a "Fairly decisive", "Very decisive", or "Absolutely decisive" part of their decision making process.

Source: Moz

Online Product Reviews About A Product Can Amplify Its Conversion Rate By More Than 270%

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

Source: Spiegel Research Center

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

Online review stats position customers' reviews as the most trustworthy source of suggestions. Online reviews typically carry the same weight as suggestions from loved ones.

Source: Brightlocal

The Average Review Word Count Has Gotten 65% Much Shorter Since 2010

Presently reviews are much shorter, simpler, and more straight to the point. The length of a review in 2019 is equivalent to that of tweet on twitter.

Source: Review Trackers

If They Were Asked, 77% Of Customers Would Probably Post A Review

More than a 35% would submit a review to advise others about their customer encounter and 24% would most likely direct their review to the company itself.

Over a 26% would want to leave a review to help other people with their choice making process.

Source: Podium

88% Of Executives View Reputation Risk As A Top Business Problem

Reputation management statistics indicate a business's reputation doesn't affect just the consumers. Potential team members likewise look at scores and take a look at reviews.

Source: Deloitte

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

Let's say you wish to buy a new car and there are several models which fit your criteria. How do you pick the very best one for you? Well, you read the reviews.

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

Source: Consumer Affairs

73% Of Customers Think Written Reviews Are More Important Than Star And Number Scores

Online review statistics make it clear people aren't pleased with ratings alone.

Customer reviews make the stats appear more authentic which is what the potential consumers are trying to find. Almost a third of consumers say composed reviews are the only function that makes them think the websites' reviews are relevant and helpful.

Source: Fan and Fuel

Just 44 Percent Of Local Businesses Have Accepted Their Google My Business Listing

That's 56% of your competitors that aren't benefiting from their listing.

While business listings on the major review platforms are complimentary, a remarkably low number of businesses in fact use them.

Although we now understand why consumer reviews are so powerful, most businesses obviously don't.

Source: LsaInsider