74% Of Regional Companies Have At Least 1 Google Review

One review is far from sufficient to enhance your website's SERP ranking.

Taking a look at online ratings data, we discovered that a business needs to have an average of 40 reviews before buyers "Award" it with a star.

Source: Brightlocal

Reviews Are The Most Important Part Of The Purchase Choice For Over 90% Of USA Consumers

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

To show the value of online reviews and rankings, did you know that 81 percent of consumers will pay more for an item with reviews and those very same clients are likewise happy to accept slower shipping times for such products.

Source: Turntonetworks

Google Represents 57.5 Percent Of All Reviews World-wide

Google is the clear winner as far as circulation goes, however they are not the only ones in the game.

These the online reviews distribution rankings:

Google at 57.5%, Facebook at 19%, TripAdvisor with 8.4%, Yelp at 6.6% and Others with 8.6%.

Source: Review Trackers

71% Of Millennials Browse Consumer Reviews Of Expert Services

More than half of all people in need of a professional service turn to online reviews.

According to online reviews statistics, 59% used online reviews to pick a lawyer or a physician.

Younger people (age 18-35) are a lot more inclined to hire a professional based on online reviews. Only 19% of millennials will consider employing an attorney without any.

Source: Thomson Reuters

A Lot Of Best-selling Products Have A Typical Rating Of 4.2 To 4.7

You can't make everybody happy, which is why perfect 5 star scores are suspicious. That's why it is unnatural to get perfect 5 star rankings.

According to client rating stats, conversion rates start to reduce as ratings rise above 4.7.

Source: Spiegel Research Center

60% Of Consumers Refer To Blog And Social Network Reviews On Their Mobile Devices Before Shopping

In-store purchasing is influenced substantially by blogs and reviews on social media. With men being two times as likely to be affected than ladies.

Reviews and ranking data show people value the opinion of peers more than any other content.

Source: Collective Bias

Reviews Are The 3rd Most Influential Ranking Element For Google's Local 3 Pack

Review signals (quantity, variety, and so on) represent 15.44% of Google's algorithm for local ranking.

Google My Business signals, like proximity and keywords represent 25.12%, and link signals at 16.53%, are more crucial than reviews as far as ranking factors go for the local 3 pack.

Source: Moz

53% Of Consumers Expect Companies To Reply Within A Week To Negative Reviews

Online review statistics show that 63% of consumer reviews go on without a response. That's regrettable, due to the fact that those companies are losing customers that way.

Source: Review Trackers

30% Of Clients Feel Favorable To A Company Which Responds To Online Reviews

Staying connected with your consumers establishes trust. Even something as simple as reacting to their remarks and reviews can make them feel appreciated.

As you might expect, clients who feel this way are ready to spend more cash with a business.

Source: Statuslabs

61 Percent Of Regional Businesses Have A Typical Rating Of 4 Or 5 Stars

Generally 2 out of 3 companies have excellent and awesome ratings. Just 5% of businesses have a ranking below 3 stars.

Source: Brightlocal

Only 44% Of Local Businesses Have Actually Accepted Their Google My Business Listing

That's 56 percent of your competition that aren't making the most of their listing.

While business listings on the significant review platforms are complimentary, a surprisingly low number of businesses in fact make use of them.

Although we now know why customer reviews are so effective, a lot of businesses apparently do not.

Source: LsaInsider

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

Reputation management statistics suggest a business's reputation doesn't impact just the customers. Potential team members likewise look at ratings and read reviews.

Source: Deloitte

82 Percent Of Consumers Check Out Review Sites Since They Want To Buy A Service Or A Product And Wish To Get The Facts About Business Services And Products.

Users come due to the fact that they have already formed a buying decision. The bulk of them (89%) purchase within a week of their visit.

Source: RevLocal

United States Shoppers View "Product Performance" To Be The Most Valuable Detail In Product Reviews

When individuals read reviews, they focus on different aspects of the shopping experience. However according to online review stats, 60% of them are most thinking about the item's performance.

Client satisfaction, product quality and quality in time are the next couple of considerations for more than 50% of American customers.

Source: Statista

72% Of Consumers Won't Take Action Before They Check Out Some Reviews

No matter how alluring your marketing is, you still need consumer reviews. There's no skirting around it. Customers are still willing to hear you out, however they trust other individuals more.

Source: My Testimonial Engine

One-half Of All Of The Millennial's "Constantly" Read Online Reviews For Companies

Younger individuals understand the worth of being informed. User-generated content has an indisputable influence on consumers.

They will realize what they've been missing out on if businesses stop to consider the power of consumer reviews over millennials. Older people are different though, just 6% of individuals aged 55 or older check out reviews.

Source: Brightlocal

Only 6% Of Customers Do Not Trust Customer Reviews At All

According to client review statistics, a massive 19% of consumers constantly rely on online reviews and never a purchase without reading reviews initially.

Source: Statista