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

User review stats show the purchase probability for a product with five reviews is 270% higher than the very same product without reviews.

Source: Spiegel Research Center

98% Of Yelp's Browsers Purchased From A Business They Found On The Website

Generally, 142 million customers visit Yelp monthly. This is as good a time as any if you haven't claimed your complimentary Yelp business page.

Source: RevLocal

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

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

Source: Statista

More Than Half Of Consumers Won't Use A Company If It Has Less Than A 4 Star Rating

This stat is one of many that highlight the importance of online rankings. Now that news of client fulfillment travels this quick, keeping your clients happy is more crucial than ever.

57 percent of customers have actually looked for business with more than four stars in 2018, which is up from 48% in 2017.

Furthermore, 11 percent looked just for organizations with a perfect five star rating.

Source: Brightlocal

86% Of Consumers Would Consider Writing A Review For A Business

Your clients are your most valuable resource, and it's not only because of the money they invest at your business. If you give them a good experience, they will want to share it.

Source: Brightlocal

73 Percent Of Consumers Believe Written Reviews Are More Important Than Star And Number Scores

Online review data make it clear people aren't pleased with scores alone.

Customer reviews make the stats appear more genuine which is what the potential clients are looking for. Almost a third of consumers say written reviews are the only feature that makes them think the sites' reviews are appropriate and beneficial.

Source: Fan and Fuel

77% Of Consumers Don't Trust Reviews That Are Older Than 3 Months

Customers don't care how good your product or service was in the past. Part of why online reviews matter is due to the fact that they are fresh and relevant.

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

It is for this reason that businesses ought to be continuously asking for reviews.

Source: Statuslabs

61% Of Local Businesses Have An Average Ranking Of 4 To 5 Stars

Generally 2 out of 3 businesses have outstanding and great scores. Just 5% of businesses have a ranking listed below 3 stars.

Source: Brightlocal

67% Of Customers Report Reviews Are A "Very Important" Factor When Selecting A Solution Provider

Reviews have a massive impact on their decision when consumers have to pick a service provider.

Source: DemandGenReport

82% Of Consumers Visit Review Websites Due To The Fact That They Want To Purchase An Item Or A Service And Wish To Get The Truth About The Businesses Services And Products.

Review websites are locations that customers go to get the truth about a product, business or service . Users come due to the fact that they have already formed a buying decision. The bulk of them (89%) buy within a week of their visit. And 29% do so within 24 hours.

Source: RevLocal

A One Star Increase In Score Can Lead To A 5% To 9% Boost In Business Income

Businesses that treat customers honorably generally succeed, review websites help make certain of that.

Source: Statuslabs

Most Best-selling Items Have An Average Rating Of 4.2 To 4.7

You can't make everyone pleased, which is why perfect 5 star ratings are suspicious. Somebody always has a little a gripe. That's why it is abnormal to get perfect 5 star scores. In some cases a lower score in fact helps your overall score.

According to client rating statistics, conversion rates start to reduce as rankings rise above 4.7.

Source: Spiegel Research Center

63.6 Percent Of Customers Go To Google To Read Reviews Of A Business

Considering the last stat, it comes as a surprise that Yelp (45%) and TripAdvisor (30%) come 2nd and third, leaving Facebook (23%) behind.

These online review stats show the general popularity of a site can just presume when it comes to trust.

Source: Review Trackers

Online Reviews Affect 67.7% Of Customer Purchasing Decisions

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

Source: Moz

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

Reputation management stats show a business's reputation doesn't impact just the clients. Prospective employees also take a look at scores and read reviews.

Source: Deloitte

The Majority Of Local Businesses Have Approximately 39 Google Reviews

Individuals like to share their experience after they have visited a supplier. Online review trends show people prefer to comment if they had a favorable experience, instead of a unfavorable or mediocre one.

Source: Brightlocal

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

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

Source: Yotpo

70 Percent Of Customers Choose To Discover A Business Through Reviews And Articles, Rather Than Advertisements

Ads are all well and good, however it's worth attempting a different approach also. Reviews are without a doubt the very best method to find the truth about a product or service.

Source: Statuslabs