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New PissedConsumer Survey Reveals 75.5% of Consumers Trust Online Reviews


News provided by

PissedConsumer.com

Jan 16, 2024, 14:00 ET

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Online review trends and statistics
Online review trends and statistics

PissedConsumer.com, the online reviews and reputation management platform, has just released its findings from the online reviews survey. Among the results, 40.6% of consumers would rather trust a company that has negative reviews but with company responses.

NEW YORK, Jan. 16, 2024 /PRNewswire-PRWeb/ -- PissedConsumer.com asked 1,681 consumers about their review interactions. One key insight is that 91.1% of survey respondents pay attention to positive and negative consumer experiences when reading reviews, revealing that consumers are looking for a balanced perspective on products and services.

In addition, the online review survey found that 63.3% of consumers always read reviews before purchase and that 75.5% of consumers trust online reviews.

"72.1% of consumers said they rely on reviews and won't buy after reading a negative review of a product."

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Another major discovery from the survey is that 89% of surveyed consumers said negative reviews impacted their purchasing decisions.

"Businesses may want to ignore negative reviews," said Michael Podolsky, CEO and Co-Founder of PissedConsumer.com. "But 72.1% of consumers said they rely on reviews and won't buy after reading a negative review of a product. Additionally, 15.5% of surveyed consumers said that negative reviews make them research a product or service more. This highlights the impact of negative reviews on customer decision-making and shows businesses how important it is to address complaints."

91.1% of survey respondents rate consumer experiences as the most essential aspect of online reviews. 53.3% of respondents trusted companies with a high-star rating. Finally, 40.6% would rather trust a brand that had negative reviews but had company responses.

Additional insights from the PissedConsumer.com online reviews report include:

  • 43.6% trust reviews from registered users.
  • 67.9% of consumers trust brands with 4* and higher ratings.
  • 86% prefer to leave an online review about an experience they had with a company.
  • 64.4% of survey respondents used Amazon for online reviews.
  • 87.89% of customers try to contact the company in question before posting a review.
  • 28.52% write reviews to warn others by sharing their experience.

Signifying a growing concern, 88.3% of survey respondents said they had heard of fake reviews which can mislead customers, harm legitimate businesses and potentially damage their online reputation.

Adopting appropriate and insightful review management processes allows businesses to improve customer communication.

The online review survey unveils a definite dark side to reviews as 14.8% of respondents shared that they had been threatened by a company to remove a negative review.

"Companies may pressure customers to delete negative reviews in a misguided effort to maintain a pristine brand image," said Michael Podolsky. "However, this approach can backfire, damaging the reputation far more than the original reviews. Not only can it lead to legal actions and financial penalties, but more importantly, the business loses customers' trust."

To learn more about the PissedConsumer.com online reviews survey and view the full results, please visit: https://www.pissedconsumer.com/blog/wp-content/uploads/pdfs/16702.pdf

About PissedConsumer.com

PissedConsumer.com is a consumer advocacy and review website where over 15 million users read, watch, and voice customer service concerns. On the website, visitors can research over 100 thousand companies, products, and services before making purchasing decisions. PissedConsumer.com also provides online reputation, review management, and customer service solutions, having helped over 500 companies improve their brand image, online reputation, and customer relations.

For more information about online review trends and statistics, you can visit https://www.pissedconsumer.com or contact Joanna Simpson at [email protected].

Media Contact

Joanna Simpson, PissedConsumer.com, 1 (262) 674-6466, [email protected], https://www.PissedConsumer.com

SOURCE PissedConsumer.com

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