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

That's 56% of your competitors that aren't benefiting from their listing.

While business listings on the major review platforms are complimentary, a remarkably low number of businesses actually use them.

Although we now know why client reviews are so effective, a lot of businesses obviously don't.

Source: LsaInsider

Clients Checking Out Reviews On A Mobile Device Are 127 Percent Most Likely To Purchase Than Desktop Users

Mobile users choose to get things done faster. Therefore, buying choices are made quickly.

Online reviews are certainly persuasive, yet marketers have not always come to appreciate the power of them.

Source: Martech Zone

83 Percent Of Customers Do Not Trust Advertising

The standard channels to reach customers aren't as prominent as they utilized to be. A lot of users who no longer trust advertisements choose to take note of clients' suggestions online.

Source: Statuslabs

74 Percent Of Regional Companies Have At A Minimum, 1 Google Review

A single review is far from sufficient to improve your site's SERP ranking.

Looking at online rankings stats, we learnt that a company needs to have an average of 40 reviews before buyers "Award" it with a star.

Source: Brightlocal

71% Of Millennials Browse Consumer Reviews Of Expert Services

More than half of all individuals in need of a professional service rely on online reviews.

According to online reviews stats, 59% utilized online reviews to select a physician or a lawyer.

Young people (age 18-35) are even more likely to hire a professional based upon online reviews. Only 19% of millennials will consider employing a legal representative without any.

Source: Thomson Reuters

A One Star Boost In Ranking Can Lead To A 5% To 9% Boost In Business Income

Businesses that treat clients well usually succeed, review websites help make sure of that.

Source: Statuslabs

If They Were Asked, 77% Of Consumers Would Definitely Give A Review

More than a 35% would submit a review to educate others about their customer experience and 24% would probably direct their review to the company itself.

Over a 26% would want to leave a review to assist other individuals with their choice making process.

Source: Podium

53% Of Customers Anticipate Businesses To Reply Within A Week To Negative Reviews

Online review stats show that 63% of consumer reviews stay without a reaction. That's too bad, due to the fact that those companies are losing consumers that way.

Source: Review Trackers

Online Item Reviews About An Item Can Increase Its Conversion Rate By More Than 270%

User review stats reveal the purchase probability for a product with 5 reviews is 270 percent higher than the exact same item without reviews.

Source: Spiegel Research Center

52% Of Customers Trust A Product More If It Has Negative Reviews Too

We already discussed the positive and negative reviews and their effect on customers. However, all products have their faults, it raises red flags that perhaps the reviews are phony if all of a products reviews are favorable. Customers expect to see some negative reviews.

Source: Capterra

73 Percent Of Customers Believe Customer Reviews Are More Vital Than Star And Number Rankings

Online review stats make it clear people aren't pleased with ratings alone.

Consumer reviews make the statistics appear more authentic which is what the would-be consumers are trying to find. Almost a third of customers state composed reviews are the only function that makes them think the sites' reviews are helpful and pertinent.

Source: Fan and Fuel

Software Application Reviews Influence Over 98 Percent Of All Purchasers

18 percent of software buyers consider reviews to be a vital factor in the purchase procedure. Software reviews have no effect whatsoever on only 2% of customers. Two-thirds of them read more than 6 reviews to decide and 14 percent of them read more than 20 reviews.

Source: Capterra

Majority Of Consumers Won't Use A Business If It Has Less Than A 4 Star Rating

This stat is among lots of that illustrate the value of online ratings. Now that news of client complete satisfaction travels this quick, keeping your customers delighted is more vital than ever.

57% of consumers have searched for business with more than 4 stars in 2018, which is up from 48 percent in 2017.

11% looked only for businesses with a perfect five star ranking.

Source: Brightlocal

Consumer Reviews On Products Are Trusted Nearly 12 Times More Than The Makers' Descriptions

Word-of-mouth reviews are miles ahead of the producers' description. People trust other individuals viewpoints before they ever trust what the producer states. The reason, makers' descriptions are essentially advertisements.

Source: Martech Zone