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74% Of Regional Companies Have At Least One Google Review
One review is far from sufficient to enhance your website's SERP ranking.
Taking a look at online ratings stats, we found out that a business needs to have a minimum of 40 reviews before consumers "Award" it with a star.
Source: Brightlocal
89% Of Buyers Choose To Read Reviews On Their Mobile Phones
Be it by means of an app or a mobile browser, individuals choose to read reviews on their cell phones.
Source: Statista
53% Of Consumers Anticipate Businesses To Answer Back Within A Week To Negative Reviews
Online review statistics show that 63% of consumer reviews go on without a response. That's too bad, due to the fact that those companies are losing consumers that way.
Source: Review Trackers
Google Accounts For 57.5% Of All Reviews Globally
As can be expected, Google is in the lead, followed by Facebook, TripAdvisor and others.
Here are the online reviews circulation rankings:
Google at 57.5%, Facebook with 19%, TripAdvisor with 8.4%, Yelp at 6.6% and Others at 8.6%.
Source: Review Trackers
Many Local Businesses Have An Average Of 39 Google Reviews
Individuals like to share their experience after they've gone to a supplier. Online review trends show individuals prefer to comment if they had a favorable experience, rather than a average or unfavorable one.
Source: Brightlocal
A Single Business Review Can Raise Its Conversions By 10%
Online review stats reveal user-generated content can do miracles in terms of conversions.
A single review can have an enormous influence on your business.
A hundred reviews can raise your conversion rates by as much as 37%. 2 hundred can supply an astonishing 44% increase.
Source: RevLocal
Just 44% Of Local Businesses Have Actually Accepted Their Google My Business Listing
That's 56% of your competitors that aren't benefiting from their listing.
While business listings on the significant review platforms are free, a surprisingly low number of businesses actually make use of them.
Although we now know why customer reviews are so effective, many businesses apparently do not.
Source: LsaInsider
67% Of Consumers Claim That Reviews Are A "Very Crucial" Factor When Selecting A Solution Provider
When clients need to pick a service provider, reviews have an enormous impact on their decision.
Source: DemandGenReport
Online Product Reviews About An Item Can Improve Its Conversion Rate By More Than 270%
User review stats reveal the purchase possibility for an item with 5 reviews is 270 percent higher than the very same item without reviews.
Source: Spiegel Research Center
People Reading Reviews On A Mobile Device Are 127 Percent Most Likely To Buy Than Desktop Users
Mobile users choose to get things done much faster. Therefore, purchasing decisions are made rapidly.
Online reviews are obviously persuasive, yet marketers haven't necessarily come to appreciate the power of them.
Source: Martech Zone
Unfavorable Reviews Can Improve Conversion By Up To 85%
It sounds crazy, however negative reviews can be a positive factor for users to devote more time on your site. According to online review statistics, individuals devote more than five times as long on a website when they check out negative reviews.
More than two thirds of users trust reviews more when there are a mix of negatives and positives. If there aren't any unfavorable ones, a frustrating 95 percent suspect censorship or fabricated reviews.
Source: Reevoo
64 Percent Of Americans Concur That User-generated Content (client Reviews) Enhanced Their Shopping Experience In 2017
30 percent of consumers who read customer reviews, concur that it increases their purchasing confidence.
Businesses utilize the reviews to enhance their products and services.
"We all need people who will give us feedback. That's how we improve." -Bill Gates
Source: Statista
Many Popular Products Have An Average Score Of 4.2 To 4.7
You can't make everybody pleased, which is why perfect 5 star ratings are suspicious. Someone always has a bit of a gripe. That's why it is unnatural to get perfect 5 star scores. Often a lower ranking actually helps your overall rating.
According to customer rating statistics, conversion rates start to decrease as rankings rise above 4.7.
Source: Spiegel Research Center
86 Percent Of Customers Would Consider Writing A Review For A Business
Your clients are your most valuable resource, and it's not only because of the cash they invest at your business. If you give them a great experience, they will be willing to share it.
Source: Brightlocal