Half Of All Millennial's "Constantly" Check Out Online Reviews For Companies

More youthful people know the worth of being informed. User-generated material has an indisputable influence on customers.

If businesses think of the power of consumer reviews over millennials, they will understand what they've been missing out on. Older people are various though, only 6% of individuals aged 55 or older check out reviews.

Source: Brightlocal

83 Percent Of Clients Don't Trust Advertising

The conventional channels to reach consumers aren't as prominent as they used to be. Many users who no longer trust ads select to pay attention to customers' recommendations online.

Source: Statuslabs

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

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

Businesses use the reviews to enhance their services and products.

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

Source: Statista

Online Product Reviews About A Product Can Raise Its Conversion Rate By An Incredible 270 Percent

User review statistics reveal the purchase probability for an item with 5 reviews is 270% higher than the same product without reviews.

Source: Spiegel Research Center

Online Reviews Impact 67.7% Of Customer Purchasing Decisions

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

Source: Moz

USA Consumers Regard "Product Performance" To Be The Most Useful Info In Product Reviews

They focus on different elements of the shopping experience when individuals check out reviews. However according to online review stats, 60% of them are most thinking about the product's performance.

Customer satisfaction, product quality and quality with time are the next few considerations for more than 50% of American consumers.

Source: Statista

Over Half Of Customers Won't Use A Business If It Has Less Than A 4 Star Score

This stat is among lots of that show the importance of online ratings. Now that news of customer fulfillment travels this fast, keeping your customers delighted is more vital than ever.

57% of customers have actually searched for business with more than 4 stars in 2018, which is up from 48 percent in 2017.

11% looked just for companies with a best five star rating.

Source: Brightlocal

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

Businesses that treat clients honorably usually succeed, review websites help make sure of that.

Source: Statuslabs

72% Of Customers Will Not Take Action Before They Check Out Some Reviews

No matter how enticing your marketing is, you still need consumer reviews. There's no way around it. Clients are still ready to hear you out, however they trust other people more.

Source: My Testimonial Engine

52% Of Consumers Rely On A Product More If It Has Negative Reviews Too

We already discussed the positive and negative reviews and their result on customers. Nevertheless, all products have their faults, if all of a products reviews are positive, it raises warnings that possibly the reviews are phony. People expect to see some negative reviews.

Source: Capterra

When Buying Home Electronics, 88% Of Americans Declared That Product Reviews Were The Most Prominent Element

Stats reveal that reviews were more beneficial than TV advertisements at 37%, social media at 23% and display ads at 49%.

Source: Statista

Reviews Posted On Twitter Can Boost Revenues By 6.46 Percent

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

Source: Yotpo

74 Percent Of Local Companies Have At Least 1 Google Review

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

Looking at online ratings stats, we discovered that a company needs to have approximately 40 reviews before users "Award" it with a star.

Source: Brightlocal

70 Percent Of Consumers Need To Read At Least 4 Reviews Before They Can Rely On A Business

4 reviews may be too few. Most people check out much more reviews to get an idea of how business is really doing. Do not depend on that statistic alone.

Source: Brightlocal

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

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

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

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

Source: Statuslabs

More Than Half Of Clients Aged 25-34 Wrote Reviews

According to Statista, the more youthful generations are obviously the more opinionated ones.

Source: Statista

91% Of Businesses Believe The Business's Star Rating Can Determine Whether They Win Or Lose A Possible Team Member

The 86% of companies doubt the integrity of online reviews. Nevertheless, they realize the huge impact user scores have on their business. Undesirable customer or employee reviews can affect 90% of job seekers.

Source: Career Arc