Online Product Reviews About A Product Can Amplify Its Conversion Rate By An Incredible 270%

User review stats reveal the purchase likelihood for a product with 5 reviews is 270 percent higher than the same item without reviews.

Source: Spiegel Research Center

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

More than a 35% would do it to inform others about their client encounter and 24% would definitely direct their review to the company itself.

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

Source: Podium

Facebook Reviews Impact More Than 50% Of Customers' Purchasing Decisions

Facebook is currently the most popular social network which can likewise influence our buying preferences.

According to social media reviews stats, Facebook impacts the majority of users' purchase decisions.

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

Source: RevLocal

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

Businesses that treat customers honorably generally succeed, review sites help make sure of that.

Source: Statuslabs

If It Has Negative Reviews As Well, 52% Of Consumers Trust An Item More

We already discussed the positive and negative reviews and their impact on consumers. Nevertheless, all products have their faults, it raises red flags that maybe the reviews are phony if all of a products reviews are positive. Consumers anticipate to see some negative reviews.

Source: Capterra

Reviews Shared On Twitter Can Improve Online Sales By 6.46 Percent

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

Source: Yotpo

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

Typically, 142 million consumers visit Yelp every month. If you haven't claimed your free Yelp business page, this is as great a time as any.

Source: RevLocal

If It Has Less Than A 4 Star Ranking, More Than Half Of Customers Will Not Utilize A Company

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

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

Furthermore, 11% looked only for organizations with an ideal five star ranking.

Source: Brightlocal

83% Of All Younger People Were Asked To Leave A Review Recently

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

Source: Brightlocal

95% Of Travelers Check Out Online Reviews Prior To Booking Travel Services

Leisure and business tourists alike check out reviews to form an opinion. Business tourists check out an average of 5 reviews vs. 6-7 for leisure tourists. 59percent of all travelers report that they read reviews 'always' or 'very often'.

Source: Trust You

The Majority Of Popular Products Have A Typical Score Of 4.2 To 4.7

You can't make everyone happy, which is why perfect 5 star rankings are suspicious. That's why it is abnormal to get perfect 5 star rankings.

According to consumer rating statistics, conversion rates begin to decrease as ratings rise above 4.7.

Source: Spiegel Research Center

15 Percent Of Users Do Not Trust Businesses With No Online Reviews

No trust indicates no interactions. 15 percent of potential customers will not even think about working with a business they can't find opinions about.

Source: Statuslabs

Reviews Are The Third Most Prominent Ranking Aspect For Google's Local 3 Pack

Review signals (quantity, variety, and so on) account for 15.44% of Google's algorithm for local ranking.

Only Google My Business signals, like distance and keywords represent 25.12%, and link signals at 16.53%, are more important than reviews as far as ranking elements go for the local 3 pack.

Source: Moz

30% Of Customers Feel Positive About A Business Which Reacts To Online Reviews

Staying connected with your consumers establishes trust. Even something easy like responding to their remarks and reviews can make them feel appreciated.

As you might expect, customers who feel this way are ready to spend more cash with a company.

Source: Statuslabs

Favorable Reviews Motivate 68 Percent Of Consumers To Choose Local Businesses

Since the huge majority of customers check out reviews, you'd want yours to be appealing to brand-new customers? 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

Consumer Reviews On Products Are Trusted Practically 12 Times More Than The Manufacturers' Descriptions

Word-of-mouth reviews are miles ahead of the manufacturers' description. People trust other individuals viewpoints before they ever trust what the manufacturer states. The reason, manufacturers' descriptions are generally ads.

Source: Martech Zone