[infographic] 50 Stats You Need to Know About Online Reviews

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Your client’s company provides a service to their customers, and those customers communicate their experience to the world through an online medium, often online reviews. These reviews contribute to the digital portfolio of every business. Your local business clients need reviews. Aside from building customer trust and helping with SEO, Google’s markup of a company or product in search can now include reviews and ratings.

More than 88% of online shoppers incorporate reviews into their purchase decision. Online reviews are no joke, and there are many situations businesses need to avoid. Well, this one is:

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But generally speaking, online reviews are essential for the reputation of local businesses.

Positive vs Negative Reviews

When a company provides a service, the customer is either satisfied or dissatisfied. In the digital world today, customers often take their experience straight to the web. If the customer expresses a positive experience, the review can be amplified on the web and social media to encourage others. But when the experience is negative, companies need to respond quickly. This needs to be done for the customer who left the review, but perhaps more importantly, for everyone else reading the reviews after. It is always a great feeling to read and hear positive reviews of your company, but negative reviews should be considered an opportunity for the business to do better.

50 Stats You Need to Know About Online Reviews Infographic

50 stats that show the importance of online reviews

  1. 92% of consumers now read online reviews vs. 88% in 2014 
  2. 40% of consumers form an opinion by reading just one to three reviews vs. 29% in 2014 
  3. Star rating is the number one factor used by consumers to judge a business 
  4. 44% say a review must be written within one month to be relevant.This highlights the importance of recency in reviews!
  5. 68% say positive reviews make them trust a local business more vs. 72% in 2014 
  6. 43% of consumers search a business by reviews at least one time per month vs. 38% in 2014 
  7. 60% of consumers have searched a business at least six times per year vs. 56% in 2014 
  8. There has been a considerable decrease in those that “never” search for a local business online, down from 22% to 9%, and an increase in those that search for a local business every day, up from 7% to 14% 
  9. 73% have read online reviews on a desktop 
  10. 38% have read online reviews on mobile internet vs 24% on a mobile app 
  11. 29% have read reviews on a tablet 
  12. 33% believe all local businesses should have websites designed for mobile vs. 25% in 2013 
  13. 61% are more likely to contact a local business if they have a mobile optimized site 
  14. 40% of consumers form an opinion by reading one to three reviews, vs. 29% in 2014 
  15. 73% of consumers form an opinion by reading up to six reviews ,vs. 64% in 2014 
  16. 88% of consumers form an opinion by reading up to ten reviews vs. 84% in 2014. This means it’s important to have a large body of reviews, as customers are reading more reviews now than in all years past.
  17. Only 12% are prepared to read more than 10 reviews vs. 16% in 2014 
  18. 26% of consumers say it’s important that a local business responds to its reviews 
  19. Only 14% of consumers would consider using a business with a one or two star rating 
  20. 57% of consumers would use a business with a three star rating 
  21. 94% of consumers would use a business with a four star rating 
  22. 51% of consumers will select a local business if it has positive reviews 
  23. 88% trust reviews as much as personal recommendations, vs. 83% in 2014 
  24. 48% will visit a company’s website after reading positive reviews 
  25. 23% will visit the business premises directly after reading positive reviews 
  26. 9% of consumers will phone a business after reading positive reviews 
  27. 95% of consumers suspect censorship or faked reviews when they don’t see bad scores
  28. Reliability (27%), expertise (21%) and professionalism (18%) remain the most important attributes to consumers 
  29. More consumers are interested in “good value” than before, while less are concerned about the “expertise” of a business
  30. Word of mouth is still the most popular method of recommendation for consumers despite a 2% drop year over year 
  31. On average, a consumer will look at over 10 information sources before making a purchase 
  32. Over half of young people aged 18 to 34 say they trust online reviews more than the opinions of friends and family 
  33. 88% of online shoppers incorporate reviews into their purchase decision 
  34. Consumers who read reviews on a smartphone are 127% more likely to buy than those who read reviews on desktops 
  35. Reviews are especially important for local searches as they influence up to 10% of the ranking 
  36. Only reviews from friends and family are trusted more than online review. Reviews from experts and celebrity endorsements are less trusted than online reviews
  37. 30% of consumers assume online reviews are fake if there are no negative reviews
  38. The three online platforms dedicated to reviews with the most global traffic are: yelp, tripadvisor, foursquare 
  39. 58% of consumers said they have recently (within the past five years) began leaving more and more online reviews based upon customer service 
  40. 100% of customers who make over $150,000 annually claim to leave reviews when it comes to a poor customer service experience 
  41. Reviews of 50 or more, per product can mean a 4.6% increase in conversion rates 
  42. 63% of customers are more likely to make a purchase from a site which has user reviews 
  43. 105% customers are more likely to purchase while visiting, when site visitors interact with both reviews and customer questions and answers, and spend 11% more than visitors who don’t interact 
  44. Reviews produce an average of 18% uplift in sales 
  45. 64% of consumers would read online reviews when purchasing technology items 
  46. 68% of consumers trust reviews more when they see both good and bad scores
  47. Between one and three bad online reviews would be enough to deter the majority (67%) of shoppers from purchasing a product or service 
  48. 86% of people will hesitate to purchase from a business that has negative online reviews 
  49. Number of reviews posted every minute by Yelp users is 26,380 
  50. If a business resolve its issue quickly and efficiently, 95% of unhappy customers returns back to your business 

All stats sourced from BrightLocal,  Business2community,  Bazaarvoice,  webrepublic,  reprevive,  Econsultancy, business2community, Reevoo and Social Media Today.

Online reviews are increasingly important, both to consumers and businesses. Help your clients manage their online reputation and generate reviews to stay ahead of the competition. More and more consumers are adapting to consult online reviews before making any purchasing decisions. In the olden days, personal recommendations were the key to influence a buyer’s decisions, but because we now live in a digital world, today these decisions are influenced by online reviews. People trust online reviews as closely as personal recommendations, and as the stats have revealed, sometimes more. Online reviews play a huge role in getting customers to research a product or service, and research is the first step toward a buying decision.



Khusbu Shrestha

Khusbu Shrestha was born and raised in Nepal. An intern here at Vendasta, she's getting a taste of all things digital marketing.