98 Percent Of Yelp's Visitors Purchased From A Business They Found On The Website

Typically, 142 million consumers go to Yelp every month. This is as great a time as any if you haven't declared your totally free Yelp business page.

Source: RevLocal

74 Percent Of Local Businesses Have At A Minimum, 1 Google Review

A single review is far from sufficient to enhance your website's SERP ranking.

Looking at online rankings data, we found out that a company requires to have at least 40 reviews before customers "Award" it with a star.

Source: Brightlocal

Online Product Reviews About An Item Can Amplify Its Conversion Rate By More Than 270 Percent

User review statistics reveal the purchase likelihood for an item with 5 reviews is 270% higher than the same product without reviews.

Source: Spiegel Research Center

71% Of Millennials Browse Customer Reviews Of Professional Services

Over half of all people in need of a professional service rely on online reviews.

According to online reviews statistics, 59% utilized online reviews to pick a physician or an attorney.

Young people (age 18-35) are much more inclined to hire a professional based on online reviews. Just 19% of millennials will think about employing a lawyer without any.

Source: Thomson Reuters

Almost All Customers, Who Use Online Reviews, Read Them Early In The Purchasing Process

Let's say you wish to purchase a new vehicle and there are several models which fit your criteria. How do you select the best one for you? Well, you read the reviews.

With the help of other consumers, you quickly select a model that works for you. That's how positive reviews transform consumers into consumers.

Source: Consumer Affairs

Only 44 Percent Of Local Businesses Have Actually Accepted Their Google My Business Listing

That's 56 percent of your competition that aren't benefiting from their listing.

While business listings on the major review platforms are free, a surprisingly low number of businesses actually make use of them.

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

Source: LsaInsider

When Purchasing Home Electronics, 88% Of Americans Stated That Product Reviews Were The Most Influential Aspect

Stats reveal that reviews were more successful than Television advertisements at 37%, social media at 23% and display ads at 49%.

Source: Statista

95% Of Unsatisfied Customers Will Go Back To A Company If A Business Deals With Problems Rapidly And Effectively

Customers don't anticipate you to be perfect. When things go wrong, they do anticipate you to resolve things. If there is nothing else a business can do to deal with a concern, a simple coupon can say "We're sorry" in a more attractive way.

Source: SocialMediaToday

91% Of Millennials Trust Online Reviews As Much As Loved Ones

Online review stats place consumers' reviews as the most reliable source of recommendations. Online reviews usually bring the same weight as advice from loved ones.

Source: Brightlocal

88% Of Executives Judge Reputation Risk As A Top Business Concern

Reputation management statistics indicate a business's reputation doesn't affect simply the consumers. Prospective team members also take a look at rankings and take a look at reviews.

Source: Deloitte

Google Represents 57.5 Percent Of All Reviews World-wide

As can be expected, Google is in the lead, followed by Facebook, TripAdvisor and others.

Here are the online reviews circulation rankings:

Google with 57.5%, Facebook at 19%, TripAdvisor at 8.4%, Yelp with 6.6% and Others at 8.6%.

Source: Review Trackers

30% Of Clients Feel Positive About A Business Which Responds To Online Reviews

Communicating with your consumers establishes trust. Even something like reacting to their reviews and comments can make them feel appreciated.

As you may anticipate, customers who feel this way are more willing to invest more cash with a business.

Source: Statuslabs

70 Percent Of Customers Choose To Discover A Business Through Posts And Reviews, Rather Than Advertisements

Advertisements are all well and good, but it's worth trying a different approach too. Reviews are without a doubt the best method to find the truth about a service or product.

Source: Statuslabs

Over Half Of Customers Will Not Utilize A Service If It Has Less Than A 4 Star Ranking

This stat is among numerous that highlight the value of online scores. Now that news of client complete satisfaction travels this quick, keeping your customers happy is more vital than ever.

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

Additionally, 11 percent looked just for businesses with a perfect five star score.

Source: Brightlocal

Reviews Posted On Twitter Can Help Increase Sales By 6.46%

Online review data reveal that reviews shared on Twitter, do more to increase sales than those on any other social media platform.

Source: Yotpo

Many Best-selling Items Have A Typical Rating Of 4.2 To 4.7

You can't make everybody happy, which is why perfect 5 star rankings are suspicious. Someone always has a little bit of a gripe. That's why it is unnatural to get perfect 5 star rankings. Often a lower ranking really helps your overall rating.

According to customer rating statistics, conversion rates begin to decrease as rankings rise above 4.7.

Source: Spiegel Research Center

Positive Reviews Motivate 68% Of Consumers To Choose A Local Business

Considering that the huge majority of customers read reviews, you would want yours to be inviting to brand-new clients, right? 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

91% Of Companies Think The Business's Star Rating Can Determine Whether They Win Or Lose A Potential Employee

The 86% of companies doubt the integrity of online reviews. Nevertheless, they recognize the huge impact user ratings have on their business. Undesirable customer or staff member reviews can affect 90% of job seekers.

Source: Career Arc