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Unfavorable Reviews Can Increase Conversion By As Much As 85 Percent
It sounds crazy, however negative reviews can be a positive factor for users to devote more time on your website. According to online review data, people devote more than 5 times as long on a site when they check out negative reviews.
More than two-thirds of users trust reviews more when there are a mix of positives and negatives. If there aren't any unfavorable ones, an overwhelming 95% suspect censorship or fabricated reviews.
Source: Reevoo
A One Star Increase In Ranking Can Cause A 5% To 9% Increase In Business Income
Businesses that treat customers fairly generally succeed, review sites help ensure of that.
Source: Statuslabs
60 Percent Of Customers Refer To Blog And Social Network Reviews On Their Mobile Devices Prior To Shopping
In-store purchasing is influenced considerably by blogs and reviews on social networks. With males being two times as likely to be influenced than women.
Reviews and ranking statistics show individuals value the opinion of peers more than any other material.
Source: Collective Bias
89% Of Clients Read A Companies Reactions To Reviews
Not only do many customers read the review replies, 30% of them value them highly. Nearly 96% read the replies to their own reviews.
Source: Brightlocal
Favorable Reviews Motivate 68 Percent Of Consumers To Choose Local Businesses
Considering that the vast bulk of consumers read reviews, you'd want yours to be appealing to brand-new consumers? Keep them short, sweet and positive.
"Kind words can be short and easy to speak, but their echos are truly endless." -Mother Teresa
Source: Brightlocal
Online Reviews Affect 67.7% Of Consumer Buying Decisions
More than two thirds of buyers concur online reviews are either a "Fairly decisive", "Very decisive", or "Absolutely decisive" part of their decision making experience.
Source: Moz
77% Of Buyers Don't Trust Reviews That Are Older Than Three Months
Clients don't care how excellent your product or service was in the past. Part of why online reviews matter is because they are relevant and fresh.
Consumers know businesses lose their touch all the time, which is why most of them regard older reviews unimportant.
It is for this reason that businesses should to be continuously asking for reviews.
Source: Statuslabs
The Majority Of Popular Products Have An Average 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 unnatural to get perfect 5 star rankings.
According to customer rating statistics, conversion rates begin to reduce as ratings rise above 4.7.
Source: Spiegel Research Center
95 Percent Of Travelers Check Out Online Reviews Prior To Scheduling Travel Services
Leisure and business tourists alike read reviews to form an opinion. Business travelers read an average of 5 reviews vs. 6-7 for leisure tourists.
Source: Trust You
89% Of Shoppers Prefer To Read Reviews Using Their Mobile Phones
Be it via an app or a mobile web browser, everyday people prefer to read reviews on their cell phones.
Source: Statista
Consumers Checking Out Reviews On A Mobile Phone Are 127 Percent More Likely To Buy Than Desktop Users
Mobile users prefer to get things done faster. For that reason, buying choices are made quickly.
Online reviews are clearly convincing, yet marketers haven't necessarily come to value the power of them.
Source: Martech Zone
72% Of Customers Won't Take Action Unless They Read Some Reviews
No matter how appealing your marketing is, you still need consumer reviews. There's no other way around it. Clients are still happy to hear you out, but they rely on other people more.
Source: My Testimonial Engine
88% Of Executives Regard Reputation Risk As A Leading Business Problem
Reputation management statistics show a business's reputation does not affect just the clients. Prospective employees also take a look at rankings and read reviews.
Source: Deloitte
77% Of Consumers Would Undoubtedly Submit A Review If They Were Asked
More than a 35% would do it to advise others about their client experience and 24% would undoubtedly direct their review to the company itself.
Over a 26% would be willing to leave a review to help other people with their decision making process.
Source: Podium
91 Percent Of Millennials Rely On Online Reviews As Much As Friends And Family
Online review stats position customers' reviews as the most reliable source of recommendations. Online reviews normally bring the same weight as recommendations from friends and family.
Source: Brightlocal