Online Product Reviews About An Item Can Raise Its Conversion Rate By More Than 270 Percent

User review stats reveal the purchase possibility for a product with five reviews is 270% higher than the very same item without reviews.

Source: Spiegel Research Center

Reviews Are The Most Important Part Of The Purchase Choice For Over 90% Of American Clients

24% of US consumers consider reviews as 'incredibly influential'.

To illustrate the significance of online reviews and scores, did you know that 81 percent of customers will pay more for a product with reviews and those same clients are also going to accept slower shipping times for such items.

Source: Turntonetworks

The Typical Review Length Has Actually Gotten 65% Shorter Since 2010

As of late reviews are much shorter, easier, and more straight to the point. The word count of a review in 2019 is proportionate to that of a twitter tweet.

Source: Review Trackers

A Lone Business Review Can Raise Its Conversions By 10 Percent

Online review stats show user-generated content can do wonders in terms of conversions.

A single review can have an enormous impact on your business.

A hundred reviews can raise your conversion rates by as much as 37%. Two hundred can supply a mind-blowing 44 percent increase.

Source: RevLocal

More Than Four Negative Reviews About A Business Or Product May Reduce Sales By 70 Percent

One negative review is enough for 35 percent of a website's visitors to choose not to purchase. 3 negative reviews can cost a business 59 percent fewer sales.

Naturally, they can be compensated by the sheer variety of positive reviews you receive.

"It takes many good deeds to build a good reputation, and only one bad one to lose it." -Benjamin Franklin

Source: Martech Zone

30% Of Consumers Feel Positive About A Company Which Answers Online Reviews

Keeping in touch with your consumers establishes trust. Even something easy like responding to their remarks and reviews can make them feel valued.

As you may expect, clients who feel this way are more willing to spend more money with a company.

Source: Statuslabs

A Lot Of Best-selling Items Have An Average Rating Of 4.2 To 4.7

You can't make everyone delighted, which is why perfect 5 star ratings are suspicious. Someone always has a little bit of a gripe. That's why it is abnormal to get perfect 5 star ratings. Often a lower score in fact helps your overall rating.

According to client rating statistics, conversion rates begin to decrease as rankings rise above 4.7.

Source: Spiegel Research Center

If It Has Less Than A 4 Star Score, More Than Half Of Customers Will Not Use An Organisation

This stat is one of lots of that show the importance of online rankings. Now that news of consumer fulfillment travels this fast, keeping your consumers happy is more important than ever.

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

11 percent looked only for organizations with a best five star ranking.

Source: Brightlocal

Only 6% Of Consumers Do Not Rely On Consumer Reviews At All

According to consumer review statistics, a whopping 19 percent of consumers always trust online reviews and never a make a purchase without checking out reviews.

Source: Statista

54% Of Americans Pay The Most Attention To The Average Star Ranking Of A Local Business

The star rating is the first thing consumers see. Still, users focus on other elements too, like the quantity, recency, length, and belief of reviews. Each of these alone influences more than a 3rd of American consumers.

Source: Statista

Google Represents 57.5 Percent Of All Reviews Around The Globe

Google is the clear winner as far as distribution goes, but they are not the only ones in the game.

Here's the online reviews circulation rankings:

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

Source: Review Trackers

Clients Could Spend 31% More With A Business That Has Terrific Reviews

Take notice of this statistic. The more detailed other users describe your service or product, the more cash you can charge and customer review stats reveal to us exactly just how much more.

Source: Martech Zone

61 Percent Of Regional Businesses Have A Typical Score Of 4 To 5 Stars

Generally two thirds of businesses have outstanding and great rankings. Only 5% of companies have a score below 3 stars.

Source: Brightlocal