More Than Four Negative Reviews About A Company Or Product Might Decrease Sales By 70 Percent

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

Obviously, they can be compensated by the sheer number of positive reviews you get.

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

Source: Martech Zone

Facebook Reviews Affect More Than 50 Percent Of Customers' Purchasing Decisions

Facebook is presently the most popular social network which can also affect our buying preferences.

According to social reviews data, Facebook impacts more than half of users' purchase decisions.

Facebook reviews stats expose that four out of 5 users are most likely to rely on a local business if it has positive reviews.

Source: RevLocal

73% Of Consumers Think Client Reviews Are More Important Than Star And Number Ratings

Online review statistics make it clear people aren't satisfied with scores alone.

Customer reviews make the statistics appear more authentic which is what the prospective customers are trying to find. Practically a 3rd of customers say written reviews are the only feature that makes them think the sites' reviews are pertinent and useful.

Source: Fan and Fuel

The Typical Review Length Has Actually Become 65% Much Shorter Since 2010

At this present time reviews are shorter, simpler, and more straight to the point. The word count of a review in 2019 is typical to that of a tweet.

Source: Review Trackers

53% Of Customers Anticipate Businesses To Reply Within A Week To Unfavorable Reviews

Online review stats clarify that 63% of consumer reviews go on without a response. That's regrettable, since those companies are losing consumers that way.

Source: Review Trackers

The Majority Of Clients Aged 25-34 Gave Reviews

According to Statista, the more youthful generations are plainly the more vocal ones.

Source: Statista

15% Of Consumers Don't Trust Businesses Without Online Reviews

No trust implies no interactions. 15% of possible clients won't even think about doing business with a company they can't discover viewpoints about.

Source: Statuslabs

74 Percent Of Local Businesses Have At A Minimum, 1 Google Review

One review is far from enough to enhance your website's SERP ranking.

Looking at online ratings stats, we discovered that a business requires to have at least 40 reviews before consumers "Award" it with a star.

Source: Brightlocal

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

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

With the help of other people, you quickly pick a model that works for you. That's how favorable reviews transform consumers into consumers.

Source: Consumer Affairs

Reviews Published On Twitter Can Increase Online Sales By 6.46 Percent

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

Source: Yotpo

When Buying Home Electronic Devices, 88% Of Americans Reported That Product Reviews Were The Most Influential Aspect

Data reveal that reviews were more successful than Television advertisements at 37%, social media at 23% and display ads at 49%.

Source: Statista

Reviews Are The 3rd Most Prominent Ranking Factor For Google's Local 3 Pack

Review signals (quantity, diversity, etc.) represent 15.44% of Google's algorithm for local ranking.

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

Source: Moz

A Single Business Review Can Lift Its Conversions By 10 Percent

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

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

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

Source: RevLocal

82 Percent Of Customers Go To Review Websites Due To The Fact That They Want To Buy A Service Or A Product And Wish To Get The Facts About The Businesses Services And Products.

Review websites are locations that customers go to get the facts about a business, product and services . Users come since they have actually already formed a purchase decision. The majority of them (89%) buy within a week of their visit. And 29 percent do so within 24 hours.

Source: RevLocal

Consumers Reading Reviews On A Mobile Phone Are 127% Most Likely To Make A Purchase Than Desktop Users

Mobile users prefer to get things done faster. For that reason, buying choices are made rapidly.

Online reviews are clearly persuasive, yet marketers have not necessarily come to value the power of them.

Source: Martech Zone

91% Of Millennials Have Faith In Online Reviews As Much As Loved Ones

Online review statistics place customers' reviews as the most reliable source of recommendations. Online reviews usually carry the exact same weight as recommendations from loved ones.

Source: Brightlocal