Online Item Reviews About A Product Can Boost Its Conversion Rate By An Incredible 270%

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

Source: Spiegel Research Center

A One Star Boost In Score Can Result In A 5% To 9% Boost In Business Earnings

Businesses that treat customers honorably usually prosper, review websites help make certain of that.

Source: Statuslabs

Google Accounts For 57.5% Of All Reviews Across The World

Google is in the lead here, followed by Facebook as a far-off second.

Here's the online reviews circulation rankings:

Google with 57.5%, Facebook at 19%, TripAdvisor at 8.4%, Yelp with 6.6% and Others with 8.6%.

Source: Review Trackers

88% Of Executives Regard Reputation Risk As A Top Business Concern

Reputation management statistics show a company's reputation doesn't affect simply the consumers. Potential team members likewise take a look at scores and read reviews.

Source: Deloitte

Online Reviews Impact 67.7% Of Consumer Purchasing Decisions

More than two-thirds of buyers agree online reviews are either a "Fairly decisive", "Very decisive", or "Absolutely decisive" part of their decision making experience.

Source: Moz

Reviews Are The Most Important Part Of The Purchase Decision For Over 90% Of US Customers

24% of US buyers consider reviews as 'incredibly influential'.

To highlight the significance of online reviews and rankings, did you know that 81 percent of customers will pay more for an item with reviews and those same customers are also happy to accept slower shipping times for such items.

Source: Turntonetworks

71% Of Millennials Search Customer Reviews Of Professional Services

Over half of all people in need of an expert service turn to online reviews.

According to online reviews data, 59% used online reviews to choose a physician or a lawyer.

Young people (age 18-35) are a lot more inclined to work with an expert based upon online reviews. Only 19% of millennials will consider hiring a lawyer without any.

Source: Thomson Reuters

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

More than a 35% would do it to inform others about their consumer experience and 24% would probably direct their review to the business itself.

Over a 26% would be willing to submit a review to help other individuals with their decision making process.

Source: Podium

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

That's 56 percent of your competitors that aren't taking advantage of their listing.

While business listings on the significant review platforms are complimentary, a surprisingly low number of companies actually make use of them.

Although we now know why client reviews are so effective, the majority of businesses apparently do not.

Source: LsaInsider

More Than 4 Negative Reviews About A Business Or Service Might Decrease Sales By 70%

One negative review is enough for 35 percent of a site's visitors to decide not to buy. Three negative reviews can cost a business 59 percent less sales.

Of course, they can be compensated by the large 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

74% Of Regional Businesses 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 statistics, we learnt that a business needs to have approximately 40 reviews before users "Award" it with a star.

Source: Brightlocal

72 Percent Of Consumers Won't Take Action Before They Check Out Some Reviews

Regardless of how eye-catching your marketing is, you still require customer reviews. There is no skirting around it. Customers are still ready to hear you out, however they trust other people more.

Source: My Testimonial Engine

73% Of Customers Think Client Reviews Are More Vital Than Star And Number Rankings

Online review statistics make it clear individuals aren't satisfied with ratings alone.

Written reviews make the stats appear more genuine which is what the prospective consumers are looking for. Almost a 3rd of customers say written reviews are the only feature that makes them believe the sites' reviews are pertinent and beneficial.

Source: Fan and Fuel

90 Percent Of Site Visitors Require Less Than 10 Reviews To Form An Opinion About A Business

You understand what people say about first impressions?

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

If you do not have reviews on your site, think about asking your visitors to compose one.

Source: Martech Zone

15 Percent Of Consumers Don't Trust Businesses Without Any Online Reviews

No trust implies no interactions. 15% of possible customers won't even consider working with a business they can't find opinions about.

Source: Statuslabs