Fifty Percent Of All Millennial's "Constantly" Read Online Reviews For Companies

Younger people understand the worth of being informed. User-generated material has an indisputable effect on consumers.

They will recognize what they've been missing out on if businesses stop to think about the power of client reviews over millennials. Older people are different though, only 6% of individuals aged 55 or older read reviews.

Source: Brightlocal

Software Reviews Impact Over 98% Of All Purchasers

18% of software application purchasers consider reviews to be a vital factor in the purchase process. Software reviews have no effect whatsoever on only 2 percent of customers. Two-thirds of them read more than 6 reviews to make up their mind and 14 percent of them read more than 20 reviews.

Source: Capterra

Negative Reviews Can Improve Conversion By As Much As 85 Percent

It sounds crazy, however negative reviews can be a positive factor for users to devote more time on your website. According to online review statistics, individuals devote more than 5 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 negative ones, an overwhelming 95% suspect censorship or fabricated reviews.

Source: Reevoo

A Lone Business Review Can Lift Its Conversions By 10%

Online review statistics show user-generated material can do miracles in regards to 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%. Two hundred can supply a mind-blowing 44% boost.

Source: RevLocal

60% Of Consumers Consult Blog And Social Media Reviews On Their Cell Phones Prior To Shopping

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

Reviews and ranking stats reveal people value the viewpoint of peers more than any other content.

Source: Collective Bias

98% Of Yelp's Browsers Bought From A Business They Discovered On The Website

Usually, 142 million consumers visit Yelp every month. This is as good a time as any if you haven't declared your complimentary Yelp business page.

Source: RevLocal

89% Of Customers Want To Read Reviews On Their Mobile Phones

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

Source: Statista

Reviews Are The Most Important Part Of The Purchase Decision For Over 90% Of United States Customers

24% of US buyers consider reviews as 'exceptionally influential'.

To show the value of online reviews and scores, did you know that 81% of customers will pay more for an item with reviews and those same customers are likewise willing to accept slower shipping times for such products.

Source: Turntonetworks

70% Of Consumers Prefer To Find Out About A Business By Means Of Short Articles And Reviews, Rather Than Ads

Ads are all well and good, but it's worth trying a different approach also. Reviews are by far the best way to discover the truth about a service or product.

Source: Statuslabs

88% Of Executives Consider Reputation Risk As A Top Business Problem

Reputation management statistics show a company's reputation does not impact just the consumers. Potential employees also take a look at rankings and read reviews.

Source: Deloitte

83% Of Customers Do Not Trust Advertising

The traditional channels to reach customers aren't as influential as they utilized to be. The majority of users who no longer trust advertisements pick to take notice of consumers' recommendations online.

Source: Statuslabs

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

Take note of this fact. The better other users describe your service or product, the more cash you can charge and customer review statistics reveal to us exactly how much more.

Source: Martech Zone

15% Of People Do Not Trust Businesses Without Online Reviews

No trust indicates no interactions. 15 percent of potential customers will not even think about working with a company they can't discover viewpoints about.

Source: Statuslabs

77% Of Clients Would Certainly Submit A Review If They Were Asked

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

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

Source: Podium

A One Star Increase In Ranking Can Lead To A 5% To 9% Increase In Business Revenue

Businesses that treat customers honorably usually prosper, review websites help make certain of that.

Source: Statuslabs

Customer Reviews On Products Are Trusted Practically 12 Times More Than The Manufacturers' Descriptions

Word-of-mouth reviews are miles ahead of the producers' description. People trust other individuals opinions before they ever trust what the maker states. The reason, manufacturers' descriptions are generally ads.

Source: Martech Zone

When Buying Home Electronic Devices, 88% Of Americans Declared That Product Reviews Were The Most Prominent Aspect

Statistics reveal that reviews were more effective than TV ads at 37%, social media at 23% and display advertisements at 49%.

Source: Statista

52% Of Consumers Rely On A Product More If It Has Negative Reviews Too

We already touched upon the negative and positive reviews and their effect on customers. Nevertheless, all products have their faults, if all of a products reviews are positive, it raises red flags that maybe the reviews are fake. People expect to see some unfavorable reviews.

Source: Capterra