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Just 44 Percent Of Local Companies Have Claimed Their Google My Business Listing
That's 56% of your competition that aren't taking advantage of their listing.
While business listings on the significant review platforms are totally free, a surprisingly low number of businesses really utilize them.
Although we now know why customer reviews are so effective, most businesses apparently don't.
Source: LsaInsider
72 Percent Of Clients Will Not Take Action Before They Check Out Some Reviews
Irrespective of how tempting your marketing is, you still require client reviews. There's no way around it. Consumers are still going to hear you out, however they rely on other individuals more.
Source: My Testimonial Engine
More Than Four Negative Reviews About A Business Or Service May Decrease Sales By 70%
One negative review suffices for 35% of a website's visitors to choose not to buy. Three negative reviews can cost a business 59 percent less sales.
Obviously, they can be compensated by the large variety of positive reviews you receive.
"It takes many good deeds to build a good reputation, and only one bad one to lose it." -Benjamin Franklin
Source: Martech Zone
A Lone Business Review Can Raise Its Conversions By 10%
Online review stats reveal user-generated material can do wonders in regards to conversions.
A single review can have a huge impact on your business.
A hundred reviews can increase your conversion rates by as much as 37 percent. 2 hundred can offer a mind-blowing 44% increase.
Source: RevLocal
Reviews Are The Most Essential Part Of The Purchase Decision For Over 90% Of United States Consumers
24% of US shoppers consider reviews as 'very influential'.
To show the importance of online reviews and rankings, did you know that 81% 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 items.
Source: Turntonetworks
49% Of Consumers Consider The Number Of Online Reviews As An Essential Consideration Of Their Buying Decision
Customers value not just the quality or nature of the reviews, however they consider their quantity and recency also.
The share of customers, who take notice of the number of reviews is presently at 46%.
Source: Brightlocal
Because They Want To Buy A Service Or An Item And Want To Get The Truth About The Businesses Products And Services, 82% Of Consumers Check Out Review Sites.
Review websites are places that people go to get the truth about a business, product and services . Due to the fact that they have already formed a buying decision, users come. The majority of them (89%) purchase within a week of their visit. And 29% do so in 24 hours.
Source: RevLocal
91% Of Millennials Rely On Online Reviews As Much As Friends And Family
Online review statistics place customers' reviews as the most trustworthy source of recommendations. Online reviews normally carry the same weight as advice from family and friends.
Source: Brightlocal
83% Of Consumers Do Not Rely On Advertising
The conventional channels to reach customers aren't as prominent as they utilized to be. The majority of users who no longer trust ads choose to pay attention to consumers' recommendations online.
Source: Statuslabs
Customers Could Invest 31 Percent More With A Business That Has Great Reviews
Take note of this fact. The better other users describe your services or product, the more money you can charge and consumer review stats show us precisely just how much more.
Source: Martech Zone
Favorable Reviews Motivate 68 Percent Of Customers To Use Local Businesses
Since the huge majority of consumers read reviews, you would want yours to be appealing to new consumers? Keep them short, positive and sweet.
"Kind words can be short and easy to speak, but their echos are truly endless." -Mother Teresa
Source: Brightlocal