91 Percent Of Millennials Trust In Online Reviews As Much As Loved Ones

Online review statistics position clients' reviews as the most trustworthy source of suggestions. Online reviews usually bring the very same weight as guidance from friends and family.

Source: Brightlocal

Almost All Consumers, Who Utilize Online Reviews, Read Them Early On In The Buying Process

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

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

Source: Consumer Affairs

64 Percent Of Americans Concur That User-generated Content (customer Reviews) Improved Their Shopping Experience In 2017

30 percent of customers who check out customer reviews, agree that it increases their buying confidence.

Businesses utilize the reviews to improve their services and products.

"We all need people who will give us feedback. That's how we improve." -Bill Gates

Source: Statista

88% Of Executives Consider Reputation Risk As A Top Business Problem

Reputation management statistics suggest a business's reputation does not affect simply the consumers. Prospective employees likewise take a look at scores and take a look at reviews.

Source: Deloitte

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

Clients don't care how excellent your product or service was in the past. Part of why online reviews matter is since 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 ought to be constantly asking for reviews.

Source: Statuslabs

Most Local Companies Have An Average Of 39 Google Reviews

People like to share their experience after they have gone to a supplier. Online review trends show individuals choose to comment if they had a favorable experience, rather than a average or negative one.

Source: Brightlocal

72 Percent Of Customers Won't Take Action Unless They Read Some Reviews

No matter how appealing your marketing is, you still need consumer reviews. There is no other way around it. Customers are still willing to hear you out, however they rely on other people more.

Source: My Testimonial Engine

67% Of Consumers Admit Reviews Are A "Extremely Important" Factor When Choosing A Service Provider

Reviews have a massive effect on their decision when customers have to select a solution provider.

Source: DemandGenReport

83% Of All Younger Customers Were Invited To Submit A Review Recently

Of those asked, 80% of customers did give a review. In general, businesses have asked 66% of all customers to submit a review on their company.

Source: Brightlocal

Google Accounts For 57.5 Percent Of All Reviews Around The World

Google is the clear winner as far as circulation goes, but they are not the only ones in the game.

These are the online reviews circulation rankings:

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

Source: Review Trackers

Online Item Reviews About A Product Can Improve Its Conversion Rate By An Unprecedented 270 Percent

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

Source: Spiegel Research Center

Facebook Reviews Affect More Than 50% Of Customers' Buying Decisions

Facebook is currently the most popular social media which can likewise affect our purchasing decisions.

According to social media reviews statistics, Facebook affects the majority of users' purchase choices.

Facebook reviews statistics reveal that 4 out of five users are more likely to rely on a local business if it has positive reviews.

Source: RevLocal

Negative Reviews Can Boost Conversion By Up To 85%

It sounds crazy, but negative reviews can be a positive factor for users to devote more time on your site. According to online review stats, people devote more than five times as long on a website when they check out negative reviews.

When there are a mix of positives and negatives, more than two thirds of users trust reviews more. An overwhelming 95% suspect censorship or faked reviews if there aren't any unfavorable ones.

Source: Reevoo

74% Of Regional Businesses Have At A Minimum, 1 Google Review

One review is far from adequate to improve your site's SERP ranking.

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

Source: Brightlocal

Reviews Posted On Twitter Can Help Grow Online Sales By 6.46 Percent

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

Source: Yotpo

More Than 4 Negative Reviews About A Business Or Service May Reduce Sales By 70 Percent

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

Of course, they can be compensated by the sheer 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