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83% Of All Younger Buyers Were Invited To Leave A Review Recently
Of those asked, 80% of consumers did post a review. In general, companies have actually asked 66% of all customers to give a review on their business.
Source: Brightlocal
Only 44% Of Local Companies Have Actually Claimed Their Google My Business Listing
That's 56 percent of your competitors that aren't benefiting from their listing.
While business listings on the major review platforms are free, a remarkably low number of businesses actually utilize them.
Although we now know why consumer reviews are so powerful, many businesses obviously do not.
Source: LsaInsider
A Single Business Review Can Lift Its Conversions By 10 Percent
Online review stats reveal user-generated content can do miracles in regards to conversions.
A single review can have an enormous influence on your business.
A hundred reviews can increase your conversion rates by as much as 37 percent. Two hundred can supply a mind-blowing 44% boost.
Source: RevLocal
Customer Reviews On Products Are Trusted Practically 12 Times More Than The Makers' Descriptions
Word-of-mouth reviews are miles ahead of the makers' description. People trust other individuals opinions before they ever trust what the producer says. The reason, makers' descriptions are essentially ads.
Source: Martech Zone
70% Of Consumers Choose To Find Out About A Business Via Articles And Reviews, Instead Of Ads
Ads are all well and good, but it deserves attempting a different approach too. Reviews are by far the very best way to find the truth about a service or product.
Source: Statuslabs
88% Of Americans Claimed That Product Reviews Were The Most Prominent Factor When Buying Home Electronics
Stats reveal that reviews were more beneficial than Television ads at 37%, social networks at 23% and display ads at 49%.
Source: Statista
67% Of Consumers Claim Reviews Are A "Extremely Important" Factor When Selecting A Service Provider
Reviews have a huge effect on their decision when customers have to select a solution provider.
Source: DemandGenReport
53% Of Consumers Anticipate Businesses To Respond Within A Week To Unfavorable Reviews
Online review statistics clarify that 63% of consumer reviews go on without a response. That's too bad, since those companies are losing clients that way.
Source: Review Trackers
88% Of Executives Regard Reputation Risk As A Leading Business Issue
Reputation management stats suggest a company's reputation doesn't affect just the customers. Potential employees also take a look at rankings and read reviews.
Source: Deloitte
Most Best-selling Items Have An Average Rating Of 4.2 To 4.7
You can't make everyone happy, which is why perfect 5 star scores are suspicious. That's why it is abnormal to get perfect 5 star ratings.
According to client rating statistics, conversion rates start to reduce as scores rise above 4.7.
Source: Spiegel Research Center
Customers Might Invest 31% More With A Business That Has Excellent Reviews
Pay attention to this fact. The better other users describe your services or product, the more money you can charge and customer review statistics show us precisely how much more.
Source: Martech Zone
77% Of Buyers Don't Rely On Reviews That Are Older Than Three Months
Customers don't care how great your product or service was in the past. Due to the fact that they are relevant and fresh, is part of why online reviews matter.
Consumers know businesses lose their touch all the time, which is why most of them consider older reviews unimportant.
It is for this reason that businesses need to be constantly asking for reviews.
Source: Statuslabs
95 Percent Of Travelers Check Out Online Reviews Prior To Booking Travel Related Services
Leisure and business tourists alike read reviews to form a viewpoint. Business travelers check out an average of 5 reviews vs. 6-7 for leisure tourists.
Source: Trust You