Online Product Reviews About An Item Can Increase Its Conversion Rate By More Than 270%

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

Source: Spiegel Research Center

86% Of Consumers Would Consider Composing A Review For A Business

Your customers are your most valuable resource, and it's not only because of the money they spend at your business. They will be ready to share it if you give them an excellent experience.

Source: Brightlocal

Customer Reviews On Items Are Trusted Almost 12 Times More Than The Manufacturers' Descriptions

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

Source: Martech Zone

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

Take notice of this statistic. The better other users describe your product or service, the more money you can charge and customer review statistics show us exactly just how much more.

Source: Martech Zone

30% Of Clients Feel Comfortable With A Business Which Answers Online Reviews

Corresponding with your customers develops trust. Even something easy like reacting to their remarks and reviews can make them feel valued.

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

Source: Statuslabs

A One Star Boost In Rating Can Cause A 5% To 9% Increase In Business Earnings

Businesses that treat consumers fairly typically succeed, review sites help make sure of that.

Source: Statuslabs

61 Percent Of Regional Businesses Have An Average Score Of 4 To 5 Stars

Overall 2 out of 3 businesses have excellent and awesome ratings. Only 5% of companies have a rating listed below three stars.

Source: Brightlocal

Unfavorable Reviews Can Boost Conversion By As Much As 85 Percent

It sounds insane, however negative reviews can be a positive factor for users to spend more time on your website. According to online review statistics, individuals spend more than five times as long on a website when they read 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% suspect censorship or fabricated reviews.

Source: Reevoo

Facebook Reviews Affect More Than 50% Of Consumers' Buying Decisions

Facebook is presently the most popular social network which can also affect our buying preferences.

According to social media reviews stats, Facebook affects more than half of users' purchase decisions.

Facebook reviews statistics reveal that 4 out of five users are more likely to rely on a local business if it has positive reviews.

Source: RevLocal

The Majority Of Best-selling Products Have A Typical Ranking Of 4.2 To 4.7

You can't make everybody happy, which is why perfect 5 star scores are suspicious. Someone always has a little a gripe. That's why it is unnatural to get perfect 5 star ratings. Often a lower rating actually helps your overall score.

According to consumer rating stats, conversion rates start to reduce as rankings rise above 4.7.

Source: Spiegel Research Center

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

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

With the help of other customers, you quickly pick a model that works for you. That's how positive reviews convert customers into consumers.

Source: Consumer Affairs

Reviews Are The Third Most Influential Ranking Factor For Google's Local 3 Pack

Review signals (amount, diversity, and so on) represent 15.44% of Google's algorithm for local ranking.

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

Source: Moz

77% Of Customers Would Certainly Leave A Review If They Were Asked

More than a 35% would submit a review to inform others about their customer experience and 24% would undoubtedly direct their review to the company itself.

Over a 26% would be willing to give a review to assist other individuals with their choice making process.

Source: Podium

82 Percent Of Customers Check Out Review Websites Due To The Fact That They Want To Acquire A Product Or A Service And Wish To Get The Truth About Business Services And Products.

Review sites are locations that people go to get the truth about a service, business or product . Users come because they have already formed a purchase decision. The bulk of them (89 percent) purchase within a week of their visit. And 29 percent do so in 24 hours.

Source: RevLocal

Only 6 Percent Of Consumers Do Not Trust Client Reviews At All

According to client review stats, a massive 19% of customers constantly trust online reviews and never ever a make a purchase without reading reviews.

Source: Statista

83% Of All Younger Buyers Were Invited To Submit A Review Recently

Of those asked, 80% of consumers did leave a review. Overall, companies have asked 66% of all customers to submit a review on their company.

Source: Brightlocal