
The Average Product Boasts 402 Reviews, But This Is Still Lower Than Consumer Expectations

To benchmark review volume, we analyzed overall review coverage (how many products have at least 1 review) and review coverage per product (the average number of reviews per product). The average review coverage across verticals is 80.9%, with 402.1 reviews, on average, for each product.
The three verticals with the highest overall review coverage included Financial Services (89.1%), CPG (86.4%), and Health & Beauty (84.8%). Those with the lowest overall review coverage included Party, Holiday & Costumes (27.7%), Retail (29.6%), and Machinery & Tools (31.1%).
On a per-product basis, Books, Music & DVDs shined with 8,198.4 reviews per product, on average, followed by Luggage & Bags (3,211.3 reviews per product) and Financial Services (2,887.2 reviews per product). The verticals with the lowest review coverage per product included Education (7.6 reviews per product), Party, Holiday & Costumes (10.6 reviews per product), and Bikes (26.8 reviews per product).
Financial services stands out as a “top performer” but this does come with a caveat: specifically, the financial services use case for a reviews platform tends to be unique (here are some examples). While every deployment is different, typically these organizations tend to collect reviews on fewer products overall – which goes some way to explaining the results here.
While the idea of having 1,000+ reviews per product may sound astronomical, the winners here are not exceeding consumer expectations; rather, they are meeting them.
Review coverage is one of the top factors shoppers consider when reading reviews, second only to star rating. 79% of consumers “always” or “regularly” consider review volume. In late 2021, we surveyed more than 9,000 consumers about their expectations for review coverage. One in four consumers told us that ideally, a product would have more than 500 reviews. In this Benchmark Report, fewer than one-quarter (23%) of the verticals meet this expectation.
Increasing review coverage is not just about meeting consumer expectations, it also drives tangible benefits for brands: review coverage has an exponential
When a product goes from 0 reviews to 1, the conversion rate increases by 52.2%. Collect 51 to 100 reviews, and the conversion rate is 148.7% higher. When you start collecting reviews in the thousands, the conversion rate keeps increasing — illustrating that when it comes to reviews, more is always better. For example, there’s a 296.2% lift in conversion among shoppers who are exposed to 5,000 or more reviews.
Conversion Lift Relative to Number of Reviews Displayed
101-250 Reviews Displayed
251-500 Reviews Displayed
501-1000 Reviews Displayed
1001-5000 Reviews Displayed
It is easy to understand why a product with 0 reviews has a lower conversion rate. If we change the baseline to 1 to 100 reviews, however, we still see an incredible conversion lift when products begin accumulating over 1,000 reviews. For example, products with 1,001 to 5,000 reviews convert at a rate 83.7% higher than those with 1 to 100 reviews. Reach 5,000 reviews, and the conversion rate increases by 122.1%!
Conversion Lift Relative to Number of Reviews Displayed
101-250 Reviews Displayed
251-500 Reviews Displayed
501-1000 Reviews Displayed
1001-5000 Reviews Displayed
Review coverage is especially important when customers are purchasing new products or brands, according to 71% of consumers.
Consumers consider review coverage to be particularly important for certain verticals, including Consumer Appliances & Electronics, Health & Beauty; Apparel & Accessories; Furniture; and Pet Supplies. However, no matter your vertical, the message is clear: more reviews are always better. The journey to 1,000 reviews starts with these five tips.