The evidence
What the data shows about product reviews and conversion rates
Product reviews are one of the most well-studied influences on purchase conversion rates. The consistent finding is that the presence of reviews significantly increases conversion rates, the effect is strongest when going from 0 reviews to any reviews, and there are diminishing returns above approximately 50 reviews.
The from-zero-to-some effect is the most dramatic. A product or service with no reviews converts at a fraction of the rate of one with even 5 honest reviews. The complete absence of reviews signals uncertainty to buyers. Even a small number of positive reviews dramatically reduces purchase hesitation.
The from-few-to-many effect is also significant. Going from 5 to 50 reviews typically produces a meaningful conversion rate uplift, particularly for higher-ticket products and services where buyers are more deliberate.