A Single Business Review Can Raise Its Conversions By 10%

Online review statistics show user-generated material can do miracles in terms of conversions.

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

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

Source: RevLocal

More Than Half Of Consumers Won't Utilize A Service If It Has Less Than A 4 Star Score

This stat is one of numerous that highlight the importance of online rankings. Now that news of consumer satisfaction travels this quick, keeping your consumers happy is more vital than ever.

57 percent of consumers have searched for business with more than four stars in 2018, which is up from 48 percent in 2017.

11% looked just for businesses with a perfect five star score.

Source: Brightlocal

Just 6 Percent Of Consumers Don't Rely On Client Reviews At All

According to client review stats, a whopping 19% of customers constantly rely on online reviews and never a purchase without reading reviews initially.

Source: Statista

82% Of Customers Visit Review Websites Because They Want To Acquire A Product Or A Service And Want To Get The Truth About The Businesses Product Or Services.

Users come because they have already formed a buying decision. The majority of them (89 percent) purchase within a week of their visit.

Source: RevLocal

30% Of Customers Feel Positive About A Business Which Reacts To Online Reviews

Communicating with your customers develops trust. Even something like responding to their remarks and reviews can make them feel appreciated.

As you may expect, clients who feel this way are ready to spend more cash with a business.

Source: Statuslabs

90 Percent Of Site Visitors Need Less Than 10 Reviews To Form A Viewpoint About A Business

You know what people state about first impressions?

Users get their impression of your businesses through reviews. Generally through less than 10 of them.

If you don't have reviews on your site, consider asking your visitors to write one.

Source: Martech Zone

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

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

Source: Capterra

Consumers Checking Out Reviews On A Mobile Phone Are 127 Percent Most Likely To Buy Than Desktop Users

Mobile users prefer to get things done much faster. Therefore, purchasing decisions are made rapidly.

Online reviews are undoubtedly persuasive, yet online marketers haven't necessarily come to appreciate the power of them.

Source: Martech Zone

Customers Might Invest 31% More With A Business That Has Excellent Reviews

Focus on this statistic. The more detailed other users explain your service or product, the more money you can charge and customer review statistics reveal to us exactly just how much more.

Source: Martech Zone

Reviews Are The Third Most Influential Ranking Factor For Google's Local 3 Pack

Review signals (quantity, variety, and so on) account for 15.44% of Google's algorithm for local ranking.

Just Google My Business signals, like distance and keywords represent 25.12%, and link signals at 16.53%, are more crucial than reviews as far as ranking aspects go for the local 3 pack.

Source: Moz

83% Of All Young Buyers Were Asked To Post A Review Recently

Of those invited, 80% of clients did give a review. In general, businesses have asked 66% of all clients to submit a review on their company.

Source: Brightlocal

70 Percent Of Consumers Choose To Discover A Business Via Posts And Reviews, Instead Of Advertisements

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

Source: Statuslabs

Negative Reviews Can Improve Conversion By Up To 85 Percent

It sounds crazy, but negative reviews can be a positive factor for users to spend 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.

When there are a mix of negatives and positives, more than two thirds of users trust reviews more. If there aren't any negative ones, an overwhelming 95% suspect censorship or faked reviews.

Source: Reevoo

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

Overall 2 out of 3 businesses have excellent and awesome ratings. Only 5% of businesses have a rating below 3 stars.

Source: Brightlocal

One-half Of All Millennial's "Constantly" Check Out Online Reviews For Companies

Younger individuals understand the worth of being informed. User-generated material has an indisputable impact on consumers.

If businesses stop to consider the power of consumer reviews over millennials, they will realize what they've been losing out on. Older people are different though, only 6% of individuals aged 55 or older check out reviews.

Source: Brightlocal

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

Usually, 142 million customers check out Yelp monthly. This is as great a time as any if you haven't declared your complimentary Yelp business page.

Source: RevLocal

74 Percent Of Regional Businesses Have At Least 1 Google Review

A single review is far from adequate to improve your site's SERP ranking.

Looking at online ratings stats, we found out that a company needs to have approximately 40 reviews before clients "Award" it with a star.

Source: Brightlocal

95 Percent Of Travelers Check Out Online Reviews Prior To Reserving Travel Services

Leisure and business travelers alike read reviews to form an opinion. Business travelers check out an average of 5 reviews vs. 6-7 for leisure tourists.

Source: Trust You