Online Item Reviews About A Product Can Amplify Its Conversion Rate By A Whopping 270 Percent

User review stats show the purchase probability for an item with 5 reviews is 270 percent higher than the exact same product without reviews.

Source: Spiegel Research Center

88% Of Executives View Reputation Risk As A Leading Business Problem

Reputation management statistics suggest a company's reputation doesn't impact just the clients. Potential team members likewise look at scores and take a look at reviews.

Source: Deloitte

74 Percent Of Regional Companies Have At Least 1 Google Review

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

Taking a look at online ratings statistics, we discovered that a business needs to have approximately 40 reviews before buyers "Award" it with a star.

Source: Brightlocal

Favorable Reviews Encourage 68 Percent Of Consumers To Choose Local Businesses

Because the large bulk of customers check out reviews, you'd want yours to be appealing to 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

Reviews Are The Most Vital Part Of The Purchase Choice For Over 90% Of American Clients

24% of US shoppers consider reviews as 'extremely influential'.

To illustrate the importance of online reviews and rankings, did you know that 81 percent of customers will pay more for a product with reviews and those same customers are also willing to accept slower shipping times for such items.

Source: Turntonetworks

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

According to client review data, a whopping 19% of consumers always rely on online reviews and never ever a make a purchase without reading reviews.

Source: Statista

Online Reviews Affect 67.7% Of Consumer Buying Decisions

More than 2 thirds of consumers agree online reviews are either a "Fairly decisive", "Very decisive", or "Absolutely decisive" part of their decision making experience.

Source: Moz

63.6 Percent Of Consumers Check Out Google To Read Reviews Of A Business

Considering the last statistic, it comes as a surprise that Yelp (45%) and TripAdvisor (30%) come 2nd and 3rd, leaving Facebook (23%) at the end.

These online review stats show the basic appeal of a site can just go so far when it pertains to trust.

Source: Review Trackers

83% Of All Younger Shoppers Were Asked To Post A Review Recently

Of those invited, 80% of customers did leave a review. Overall, businesses have asked 66% of all customers to give a review on their business.

Source: Brightlocal

The Typical Review Word Count Has Gotten 65% Much Shorter Since 2010

In recent years reviews are shorter, easier, and more straight to the point. The word count of a review in 2019 is typical to that of tweet from twitter.

Source: Review Trackers

77% Of Individuals Do Not Rely On Reviews That Are Older Than 3 Months

Clients don't care how excellent your service or product was in the past. Since they are relevant and fresh, is part of why online reviews matter.

Customers understand businesses lose their touch all the time, which is why most of them consider older reviews unimportant.

It is for this reason that companies should to be continuously asking for reviews.

Source: Statuslabs

Reviews Shared On Twitter Can Increase Sales By 6.46 Percent

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

Source: Yotpo

60% Of Customers Consult Blog And Social Network Reviews On Their Mobile Devices Prior To Shopping

In-store purchasing is affected considerably by blogs and reviews on social media. With males being twice as likely to be influenced than women.

Reviews and rating stats show individuals value the viewpoint of peers more than any other material.

Source: Collective Bias

89% Of Customers Review A Companies Replies To Reviews

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

Source: Brightlocal

Almost All Consumers, Who Use Online Reviews, Read Them Very Early In The Buying Process

Let's say you wish to buy a brand-new automobile and there are a number of models which fit your criteria. How do you choose the best one for you? Well, you read reviews.

With the help of other people, you manage to select one that works for you. That's how favorable reviews transform consumers into clients.

Source: Consumer Affairs

More Than Four Negative Reviews About A Company Or Service Might Reduce Sales By 70 Percent

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

Obviously, they can be compensated by the large variety 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

15% Of People Don't Trust Businesses Without Having Online Reviews

No trust suggests no interactions. 15 percent of possible consumers won't even consider doing business with a company they can't discover opinions about.

Source: Statuslabs

89% Of Clients Choose To Read Reviews Using Their Cell Phones

Be it by means of an app or a mobile internet browser, consumers prefer to read reviews on their mobile devices.

Source: Statista