52% Of Customers Rely On A Product More If It Has Unfavorable Reviews Also

We already discussed the positive and negative reviews and their result on customers. Nevertheless, all products have their faults, it raises red flags that maybe the reviews are fake if all of a products reviews are favorable. Customers expect to see some unfavorable reviews.

Source: Capterra

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

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

Taking a look at online scores statistics, we found out that a company requires to have at least 40 reviews before people "Award" it with a star.

Source: Brightlocal

67% Of Consumers Admit Reviews Are A "Very Important" Factor When Picking A Solution Provider

When customers need to pick a service provider, reviews have a massive effect on their decision.

Source: DemandGenReport

One-half Of All Millennial's "Always" Read Online Reviews For Businesses

More youthful people know the value of being informed. User-generated content has an unassailable impact on consumers.

If businesses think of the power of customer reviews over millennials, they will realize what they've been losing out on. Older people are different though, just 6% of individuals aged 55 or older check out reviews.

Source: Brightlocal

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

Reputation management stats indicate a company's reputation doesn't affect simply the customers. Prospective team members also look at ratings and take a look at reviews.

Source: Deloitte

Many Best-selling Products Have A Typical Rating Of 4.2 To 4.7

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

According to customer rating stats, conversion rates start to decrease as ratings rise above 4.7.

Source: Spiegel Research Center

72% Of Consumers Will Not Take Action Unless They Read Some Reviews

No matter how tempting your marketing is, you still need client reviews. There's no way around it. Customers are still ready to hear you out, but they trust other individuals more.

Source: My Testimonial Engine

83% Of Clients Don't Trust Advertising

The traditional channels to reach clients aren't as prominent as they used to be. Many users who no longer trust advertisements choose to take notice of consumers' recommendations online.

Source: Statuslabs

Unfavorable Reviews Can Improve Conversion By As Much As 85 Percent

It sounds crazy, however negative reviews can be a positive force for users to spend more time on your site. According to online review data, individuals devote more than 5 times as long on a site when they check out negative reviews.

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

Source: Reevoo

Customers Might Spend 31% More With A Business That Has Fantastic Reviews

Pay attention to this fact. The better other users describe your product or service, the more money you can charge and customer review stats reveal to us exactly how much more.

Source: Martech Zone

77% Of Clients Would Most Likely Give A Review If They Were Asked

More than a 35% would post a review to educate others about their consumer experience and 24% would most likely direct their review to the business itself.

Over a 26% would want to post a review to assist other individuals with their choice making process.

Source: Podium

90 Percent Of Site Visitors Need Less Than 10 Reviews To Form A Viewpoint About A Business

You know what people state about first impressions?

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

If you don't have reviews on your site, consider asking your visitors to write one.

Source: Martech Zone

49% Of Customers Consider The Quantity Of Online Reviews As An Essential Consideration Of Their Purchasing Decision

Customers value not only the quality or nature of the reviews, but they consider their number and recency as well.

The share of consumers, who focus on the number of reviews is currently at 46 percent.

Source: Brightlocal

70% Of Customers Need To Read At Least 4 Reviews Before They Can Trust A Business

4 reviews may be too few. Many people check out many more reviews to get a better idea of how business is actually doing. Do not depend upon that figure alone.

Source: Brightlocal

Reviews Are The Most Crucial Part Of The Purchase Decision For Over 90% Of United States Consumers

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

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

Source: Turntonetworks