73% Of Consumers Think Written Reviews Are More Crucial Than Star And Number Rankings

Online review stats make it clear individuals aren't pleased with ratings alone.

Written reviews make the statistics appear more genuine which is what the prospective customers are searching for. Practically a third of customers say composed reviews are the only function that makes them believe the sites' reviews are appropriate and useful.

Source: Fan and Fuel

86% Of Customers Would Think About Writing A Review For A Business

Your consumers are your most valuable resource, and it's not just because of the cash they spend at your business. If you provide a good experience, they will be willing to share it.

Source: Brightlocal

A Solitary 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 a massive impact 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% boost.

Source: RevLocal

A Lot Of Popular Items Have An Average Rating Of 4.2 To 4.7

You can't make everyone happy, which is why perfect 5 star scores are suspicious. Someone always has a little a gripe. That's why it is unnatural to get perfect 5 star ratings. Often a lower score really helps your overall rating.

According to customer rating statistics, conversion rates begin to reduce as scores rise above 4.7.

Source: Spiegel Research Center

More Than 4 Negative Reviews About A Business Or Product May Decrease Sales By 70 Percent

One negative review suffices for 35 percent of a site's visitors to choose not to buy. 3 negative reviews can cost a business 59% less sales.

Of course, they can be compensated by the large number of positive reviews you receive.

"It takes many good deeds to build a good reputation, and only one bad one to lose it." -Benjamin Franklin

Source: Martech Zone

More Than Half Of Consumers Will Not Use A Company If It Has Less Than A 4 Star Ranking

This stat is among numerous that highlight the significance of online ratings. Now that news of customer fulfillment travels this quick, keeping your customers delighted is more crucial than ever.

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

Moreover, 11 percent looked only for services with a best five star score.

Source: Brightlocal

72% Of Customers Won't Take Action Before They Read Some Reviews

Irrespective of how enticing your marketing is, you still need client reviews. There's no other way around it. Customers are still ready to hear you out, however they rely on other individuals more.

Source: My Testimonial Engine

A One Star Boost In Rating Can Lead To A 5% To 9% Boost In Business Profits

Businesses that treat customers well usually succeed, review sites help ensure of that.

Source: Statuslabs

67% Of Customers Claim Reviews Are A "Extremely Important" Factor When Picking A Service Provider

When customers have to select a solution provider, reviews have a huge effect on their decision.

Source: DemandGenReport

53% Of Consumers Expect Companies To Respond Within A Week To Unfavorable Reviews

Online review statistics prove that 63% of customer reviews remain without a reaction. That's too bad, due to the fact that those businesses are losing clients that way.

Source: Review Trackers

53 Percent Of Americans Consider Product Reviews And Rankings As The Most Important Part Of The Online Shopping Experience In 2018.

Today's shoppers are wary and desire the best bang for their buck. It's no surprise that they consider checking out reviews as a huge part of the purchasing decision.

Source: Statista

89% Of Consumers Browse A Companies Replies To Reviews

Not only do the majority of customers check out the review replies, 30% of them value them highly. Practically 96% read the feedback to their own reviews.

Source: Brightlocal

Consumers Could Spend 31 Percent More With A Business That Has Fantastic Reviews

Focus on this fact. The better other users describe your product or service, the more money you can charge and customer review stats reveal to us exactly how much more.

Source: Martech Zone

Reviews Shared On Twitter Can Help Boost Online Sales By 6.46%

Online review statistics show that reviews shared on Twitter, do more to grow sales than those on any other social network.

Source: Yotpo

74 Percent Of Regional Companies Have At A Minimum, One Google Review

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

Looking at online scores data, we found out that a company needs to have approximately 40 reviews before users "Award" it with a star.

Source: Brightlocal

Just 44% Of Local Companies Have Claimed Their Google My Business Listing

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

While business listings on the significant review platforms are free, a surprisingly low number of businesses really utilize them.

Although we now know why customer reviews are so powerful, a lot of businesses obviously do not.

Source: LsaInsider