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Online Item Reviews About A Product Can Boost Its Conversion Rate By More Than 270 Percent
User review statistics show the purchase possibility for a product with 5 reviews is 270% higher than the same product without reviews.
Source: Spiegel Research Center
60% Of Customers Check Out Blog And Social Media Network Reviews On Their Cell Phones Before Shopping
In-store purchasing is affected significantly by blogs and reviews on social networks. With males being two times as likely to be affected than women.
Reviews and ranking stats show people value the viewpoint of peers more than any other content.
Source: Collective Bias
Reviews Are The Most Important Part Of The Purchase Choice For Over 90% Of United States Customers
24% of US consumers consider reviews as 'exceptionally influential'.
To show the value of online reviews and scores, did you know that 81 percent of consumers will pay more for an item with reviews and those exact same consumers are also ready to accept slower shipping times for such items.
Source: Turntonetworks
The Average Review Word Count Has Become 65% Shorter Since 2010
At this present time reviews are much shorter, simpler, and more straight to the point. The word count of a review in 2019 is similar to that of tweet on twitter.
Source: Review Trackers
73 Percent Of Consumers Believe Customer Reviews Are More Crucial Than Star And Number Scores
Online review statistics make it clear people aren't satisfied with ratings alone.
Customer reviews make the statistics appear more authentic which is what the would-be consumers are looking for. Almost a 3rd of customers state written reviews are the only feature that makes them believe the sites' reviews are useful and pertinent.
Source: Fan and Fuel
61 Percent Of Regional Businesses Have An Average Rating Of 4 Or 5 Stars
Typically two-thirds of companies have excellent and great rankings. Only 5% of businesses have a ranking listed below 3 stars.
Source: Brightlocal
Consumer Reviews On Products Are Trusted Nearly 12 Times More Than The Manufacturers' Descriptions
Word-of-mouth reviews are miles ahead of the producers' description. Individuals trust other peoples viewpoints before they ever trust what the producer states. The reason, producers' descriptions are generally advertisements.
Source: Martech Zone
95 Percent Of Travelers Read Online Reviews Prior To Reserving Travel Related Services
Leisure and business travelers alike read reviews to form an opinion. Business travelers read approximately 5 reviews vs. 6-7 for leisure tourists. 59% of all tourists report that they check out reviews 'constantly' or 'extremely often'.
Source: Trust You
53% Of Americans Consider Product Reviews And Ratings As The Most Vital Part Of Online Shopping.
Today's consumers are smart and want the best bang for their dollar. It's no surprise that they consider checking out reviews as a big part of the buying decision.
Source: Statista
Reviews Posted On Twitter Can Grow Sales By 6.46 Percent
Online review stats reveal that reviews shared on Twitter, do more to boost sales than those on any other social media platform.
Source: Yotpo
More Than Half Of People Aged 25 To 34 Wrote Reviews
According to Statista, the younger generations are plainly the more vocal ones.
Source: Statista
67% Of Consumers Claim Reviews Are A "Very Crucial" Factor When Selecting A Solution Provider
When customers need to select a service provider, reviews have an enormous impact on their decision.
Source: DemandGenReport
More Than Four Negative Reviews About A Business Or Product Might Decrease Sales By 70 Percent
One negative review is enough for 35 percent of a website's visitors to choose not to purchase. Three negative reviews can cost a business 59 percent less sales.
Of course, they can be compensated by the large number of positive reviews you get.
"It takes many good deeds to build a good reputation, and only one bad one to lose it." -Benjamin Franklin
Source: Martech Zone
Facebook Reviews Affect More Than 50% Of Consumers' Purchasing Decisions
Facebook is presently the most popular social media which can also affect our purchasing decisions.
According to social media reviews statistics, Facebook impacts the majority of users' purchase decisions.
Facebook reviews statistics expose that four out of 5 users are most likely to trust a local business if it has positive reviews.
Source: RevLocal