A Solitary Business Review Can Raise Its Conversions By 10 Percent

Online review statistics reveal user-generated material can do miracles in terms of conversions.

A single review can have a huge influence on your business.

A hundred reviews can raise your conversion rates by as much as 37 percent. 2 hundred can provide a mind-blowing 44 percent boost.

Source: RevLocal

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

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

Source: Capterra

Unfavorable Reviews Can Increase Conversion By Up To 85%

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

When there are a mix of positives and negatives, more than two-thirds of users trust reviews more. If there aren't any unfavorable ones, an overwhelming 95 percent suspect censorship or fabricated reviews.

Source: Reevoo

Google Represents 57.5% Of All Reviews All Over The World

As can be expected, Google remains in the lead, followed by Facebook, TripAdvisor and others.

These the online reviews distribution rankings:

Google with 57.5%, Facebook with 19%, TripAdvisor with 8.4%, Yelp with 6.6% and Others at 8.6%.

Source: Review Trackers

70 Percent Of Consumers Prefer To Discover A Business Via Reviews And Short Articles, Rather Than Ads

Ads are all well and good, but it deserves trying a different approach as well. Reviews are without a doubt the very best way to discover the truth about a service or product.

Source: Statuslabs

Customers Might Spend 31 Percent More With A Business That Has Excellent Reviews

Take note of this fact. The better other users explain your service or product, the more cash you can charge and consumer review stats show us precisely just how much more.

Source: Martech Zone

67% Of Consumers Suggest Reviews Are A "Very Crucial" Factor When Choosing A Solution Provider

Reviews have a massive effect on their decision when clients have to select a service provider.

Source: DemandGenReport

73 Percent Of Consumers Believe Client Reviews Are More Vital Than Star And Number Rankings

Online review data make it clear people aren't satisfied with ratings alone.

Customer reviews make the statistics appear more genuine which is what the potential consumers are searching for. Nearly a third of consumers say composed reviews are the only function that makes them think the websites' reviews are helpful and appropriate.

Source: Fan and Fuel

89% Of Consumers Read A Companies Reactions To Reviews

Not only do the majority of shoppers read the review replies, 30% of them highly value them. Practically 96% read the responses to their own reviews.

Source: Brightlocal

Reviews Are The 3rd Most Prominent Ranking Element For Google's Local 3 Pack

Review signals (quantity, diversity, and so on) represent 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

95% Of Disappointed Customers Will Return To A Company If A Company Deals With Issues Rapidly And Efficiently

Customers do not anticipate you to be perfect. They do anticipate you to deal with things when they go wrong. If there's nothing else a company can do to resolve an issue, a simple coupon can say "We're sorry" in a more attractive way.

Source: SocialMediaToday

91 Percent Of Millennials Trust In Online Reviews As Much As Family And Friends

Online review statistics put clients' reviews as the most credible source of suggestions. Online reviews usually bring the same weight as recommendations from family and friends.

Source: Brightlocal

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

Clients don't care how good your service or product was in the past. Part of why online reviews matter is since they are relevant and fresh.

Consumers know businesses lose their touch all the time, which is why the majority of them regard older reviews irrelevant.

It is for this reason that companies ought to be constantly asking for reviews.

Source: Statuslabs

90 Percent Of Users Require Less Than 10 Reviews To Form An Opinion About A Business

You know what individuals state about very first impressions?

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

If you do not have reviews on your site, think about asking your visitors to compose one.

Source: Martech Zone

89% Of Customers Like To Read Reviews On Their Smart Devices

Be it via an app or a mobile web browser, consumers choose to read reviews on their phones.

Source: Statista

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

More than a 35% would submit a review to inform others about their customer encounter and 24% would most likely direct their review to the business itself.

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

Source: Podium

98 Percent Of Yelp's Website Visitors Bought From A Business They Discovered On The Website

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

Source: RevLocal