Almost All Consumers, Who Utilize Online Reviews, Read Them Early On In The Buying Process

Let's say you want to buy a brand-new car and there are a number of models which fit your criteria. How do you select the very best one for you? Well, you read reviews.

With the help of other consumers, you manage to choose a model that works for you. That's how favorable reviews convert customers into clients.

Source: Consumer Affairs

Clients Might Invest 31 Percent More With A Business That Has Terrific Reviews

Pay attention to this fact. The better other users describe your product and services, the more cash you can charge and customer review stats reveal to us precisely how much more.

Source: Martech Zone

Unfavorable Reviews Can Improve Conversion By As Much As 85 Percent

It sounds crazy, but negative reviews can be a positive force for users to spend more time on your site. According to online review statistics, people spend 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 negatives and positives. If there aren't any negative ones, a frustrating 95 percent suspect censorship or faked reviews.

Source: Reevoo

61% Of Local Businesses Have A Typical Ranking Of 4 To 5 Stars

Typically two thirds of businesses have great and awesome ratings. Just 5% of companies have a score below three stars.

Source: Brightlocal

The Majority Of Clients Aged 25 To 34 Posted Reviews

According to Statista, the more youthful generations are purportedly the more vocal ones.

Source: Statista

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

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

According to customer rating statistics, conversion rates start to decrease as scores rise above 4.7.

Source: Spiegel Research Center

60% Of Consumers Refer To Blog And Social Media Network Reviews On Their Mobile Phones Prior To Shopping

In-store purchasing is influenced substantially by blogs and reviews on social networks. With men being twice as likely to be affected than ladies.

Reviews and ranking stats show people value the viewpoint of peers more than any other material.

Source: Collective Bias

Reviews Published On Twitter Can Help Grow Sales By 6.46%

Online review stats reveal that reviews shared on Twitter, do more to boost sales than those on any other social media platform.

Source: Yotpo

67% Of Consumers Claim That Reviews Are A "Very Important" Factor When Selecting A Service Provider

Reviews have a huge effect on their decision when customers have to choose a solution provider.

Source: DemandGenReport

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

User review stats show the purchase probability for an item with 5 reviews is 270 percent higher than the same item without reviews.

Source: Spiegel Research Center

Consumer Reviews On Items Are Relied On Almost 12 Times More Than The Makers' Descriptions

Word-of-mouth reviews are miles ahead of the manufacturers' description. Individuals trust other peoples viewpoints before they ever trust what the maker says. The reason, manufacturers' descriptions are generally ads.

Source: Martech Zone

70 Percent Of Consumers Need To Read A Minimum Of Four Reviews Before They Can Rely On A Business

Four reviews may be too few. The majority of people check out much more reviews to get a better idea of how the business is actually doing. Do not depend on that fact alone.

Source: Brightlocal

89% Of Consumers Like To Read Reviews On Their Cell Phones

Be it through an app or a mobile browser, most people choose to read reviews on their mobile phones.

Source: Statista

91% Of Companies Believe The Company's Star Rating Can Determine Whether They Win Or Lose A Possible Team Member

The 86% of companies question the integrity of online reviews. Nonetheless, they realize the huge effect user rankings have on their business. Unfavorable client or staff member reviews can affect 90% of job seekers.

Source: Career Arc

77% Of Consumers Would Post A Review If They Were Asked

More than a 35% would leave a review to notify others about their client encounter and 24% would undoubtedly direct their review to the company itself.

Over a 26% would be willing to submit a review to help other people with their choice making process.

Source: Podium