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74 Percent Of Local Businesses Have At Least One Google Review
One review is far from enough to enhance your website's SERP ranking.
Taking a look at online rankings stats, we learnt that a business requires to have at least 40 reviews before clients "Award" it with a star.
Source: Brightlocal
91 Percent Of Millennials Turn To Online Reviews As Much As Loved Ones
Online review stats put customers' reviews as the most reliable source of recommendations. Online reviews generally carry the exact same weight as suggestions from family and friends.
Source: Brightlocal
98 Percent Of Yelp's Site Visitors Bought From A Business They Discovered On The Site
Generally, 142 million customers check out Yelp monthly. If you have not claimed your free Yelp business page, this is as great a time as any.
Source: RevLocal
67% Of Customers Claim That Reviews Are A "Very Crucial" Factor When Choosing A Solution Provider
When customers need to pick a service provider, reviews have an enormous influence on their decision.
Source: DemandGenReport
Online Product Reviews About A Product Can Raise Its Conversion Rate By More Than 270%
User review statistics reveal the purchase likelihood for an item with five reviews is 270 percent higher than the exact same item without reviews.
Source: Spiegel Research Center
89% Of Consumers Prefer To Read Reviews On Their Smart Devices
Be it by means of an app or a mobile browser, people today prefer to read reviews on their mobile phones.
Source: Statista
More Than Four Negative Reviews About A Company Or Service Might Decrease Sales By 70%
One negative review suffices for 35% of a site's visitors to choose not to buy. 3 negative reviews can cost a business 59% fewer 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
American Buyers View "Product Performance" To Be The Most Helpful Detail In Product Reviews
They focus on various aspects of the shopping experience when individuals check out reviews. But according to online review stats, 60% of them are most interested in the item's performance.
Client satisfaction, product quality and quality over time are the next few considerations for more than 50% of US customers.
Source: Statista
Just 44 Percent Of Local Businesses Have Claimed Their Google My Business Listing
That's 56 percent 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 companies in fact make use of them.
Although we now know why consumer reviews are so powerful, a lot of businesses obviously don't.
Source: LsaInsider
Since They Want To Acquire A Service Or A Product And Want To Get The Truth About The Businesses Items And Services, 82 Percent Of Consumers Go To Review Websites.
Review websites are places that customers go to get the truth about a business, product or service . Because they have currently formed a buying decision, users come. The bulk of them (89%) buy within a week of their visit. And 29% do so in 24 hours.
Source: RevLocal
A One Star Boost In Ranking Can Cause A 5% To 9% Boost In Business Income
Businesses that treat clients well typically flourish, review sites help ensure of that.
Source: Statuslabs
77% Of Clients Do Not Trust Reviews That Are Older Than Three Months
Clients don't care how good your service or product was in the past. Because they are relevant and fresh, is part of why online reviews matter.
Customers know businesses lose their touch all the time, which is why the majority of them regard older reviews irrelevant.
It is for this reason that companies ought to be continuously asking for reviews.
Source: Statuslabs
70% Of Consumers Choose To Learn About A Business By Means Of Posts And Reviews, Rather Than Advertisements
Advertisements are all well and good, but it's worth attempting a different approach also. Reviews are by far the best method to find the truth about a product or service.
Source: Statuslabs
Software Application Reviews Impact Over 98 Percent Of All Buyers
18% of software buyers consider reviews to be a vital factor in the purchase process. Software application reviews have no impact whatsoever on only 2% of consumers. Two-thirds of them read more than 6 reviews to decide and 14% of them read more than 20 reviews.
Source: Capterra