70% Of Consumers Need To Read A Minimum Of 4 Reviews Before They Can Trust A Business

Four reviews may be too few. Many people check out a lot more reviews to get a clear view of how business is actually doing. Don't depend upon that fact alone.

Source: Brightlocal

A Single Business Review Can Lift Its Conversions By 10 Percent

Online review stats reveal user-generated content can do miracles in terms of conversions.

A single review can have a substantial impact on your business.

A hundred reviews can increase your conversion rates by as much as 37%. 2 hundred can offer a mind-blowing 44% boost.

Source: RevLocal

98% Of Yelp's Visitors Bought From A Business They Found On The Site

Typically, 142 million customers visit Yelp every month. This is as great a time as any if you have not declared your free Yelp business page.

Source: RevLocal

72 Percent Of Clients Won't Take Action Unless They Read Some Reviews

Regardless of how appealing your marketing is, you still need consumer reviews. There is no way around it. Customers are still ready to hear you out, however they rely on other individuals more.

Source: My Testimonial Engine

Reviews Are The Third Most Prominent Ranking Aspect For Google's Local 3 Pack

Review signals (amount, diversity, etc.) represent 15.44% of Google's algorithm for local ranking.

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

Source: Moz

Fifty Percent Of All Millennial's "Always" Check Out Online Reviews For Companies

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

They will understand what they've been missing out on if businesses stop to think about the power of consumer reviews over millennials. Older individuals are various though, just 6% of people aged 55 or older read reviews.

Source: Brightlocal

Only 44% Of Local Companies 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 totally free, a surprisingly low number of businesses in fact use them.

Although we now understand why consumer reviews are so powerful, many businesses obviously do not.

Source: LsaInsider

60 Percent Of Consumers Consult Blog And Social Media Reviews On Their Mobile Devices Prior To Shopping

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

Reviews and rating stats show individuals value the opinion of peers more than any other material.

Source: Collective Bias

A One Star Boost In Rating Can Lead To A 5% To 9% Increase In Business Earnings

Businesses that treat customers well usually succeed, review websites help ensure of that.

Source: Statuslabs

70% Of Customers Choose To Find Out About A Business By Means Of Reviews And Posts, Rather Than Ads

Advertisements are all well and good, but it's worth attempting a different approach also. Reviews are by far the best way to find the truth about a product or service.

Source: Statuslabs

63.6% Of Consumers Visit Google To Check For Reviews Of A Business

Thinking about the last statistic, it comes as a surprise that Yelp (45%) and TripAdvisor (30%) come second and third, leaving Facebook (23%) last.

These online review statistics show the basic appeal of a website can only presume when it concerns trust.

Source: Review Trackers

If They Were Asked, 77% Of Consumers Would Probably Post A Review

More than a 35% would post a review to educate others about their client experience and 24% would most likely direct their review to the company itself.

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

Source: Podium

53% Of Americans Consider Product Reviews And Rankings As The Most Vital Part Of The Online Shopping Experience In 2018.

Today's shoppers are wary and desire the best bang for their dollar. It's not surprising that that they consider reading reviews as a huge part of the purchasing decision.

Source: Statista

54% Of Americans Pay The Most Attention To The Average Star Rating Of A Local Company

The star score is the first thing customers see. Still, users take note of other elements as well, like the amount, recency, length, and belief of reviews. Each of these alone affects more than a third of USA consumers.

Source: Statista

If It Has Less Than A 4 Star Ranking, More Than Half Of Consumers Will Not Use A Company

This stat is one of numerous that illustrate the significance of online scores. Now that news of customer fulfillment travels this quick, keeping your consumers happy is more crucial than ever.

57 percent of customers have looked for companies with more than four stars in 2018, which is up from 48% in 2017.

11 percent looked only for organizations with a best five star ranking.

Source: Brightlocal

More Than Four Negative Reviews About A Business Or Product Might Decrease Sales By 70 Percent

One negative review is enough for 35 percent of a website's visitors to choose not to buy. Three negative reviews can cost a business 59 percent fewer sales.

Of course, they can be compensated by the sheer number of positive reviews you get.

"It takes many good deeds to build a good reputation, and only one bad one to lose it." -Benjamin Franklin

Source: Martech Zone

Reviews Shared On Twitter Can Help Improve Revenues By 6.46%

Online review statistics show that reviews shared on Twitter, do more to boost sales than those on any other social media platform.

Source: Yotpo

Reviews Are The Most Vital Part Of The Purchase Decision For Over 90% Of American Clients

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

To show the significance of online reviews and scores, did you understand that 81 percent of customers will pay more for a product with reviews and those exact same clients are also going to accept slower shipping times for such products.

Source: Turntonetworks