88% Of Executives Judge Reputation Risk As A Leading Business Issue

Reputation management statistics show a business's reputation doesn't affect simply the clients. Potential team members also look at scores and read reviews.

Source: Deloitte

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

Generally, 142 million consumers go to Yelp monthly. If you have not declared your totally free Yelp business page, this is as excellent a time as any.

Source: RevLocal

91% Of Millennials Have Faith In Online Reviews As Much As Friends And Family

Online review statistics place customers' reviews as the most trustworthy source of suggestions. Online reviews generally bring the same weight as guidance from family and friends.

Source: Brightlocal

Online Item Reviews About A Product Can Boost Its Conversion Rate By More Than 270 Percent

User review statistics show the purchase likelihood for a product with 5 reviews is 270% higher than the very same product without reviews.

Source: Spiegel Research Center

70% Of Consumers Need To Check Out At Least Four Reviews Before They Can Rely On A Business

4 reviews may be too few. The majority of people check out much more reviews to get a clear view of how business is actually doing. Don't depend upon that figure alone.

Source: Brightlocal

Consumer Reviews On Items Are Relied On Practically 12 Times More Than The Manufacturers' Descriptions

Word-of-mouth reviews are miles ahead of the producers' description. People trust other peoples viewpoints before they ever trust what the maker states. The reason, producers' descriptions are essentially ads.

Source: Martech Zone

83% Of All Younger People Were Asked To Post A Review Recently

Of those asked, 80% of clients did post a review. Overall, companies have asked 66% of all consumers to submit a review on their company.

Source: Brightlocal

60% Of Consumers Check Out Blog And Social Network Reviews On Their Mobile Devices Before Shopping

In-store purchasing is affected significantly by blogs and reviews on social networks. With men being two times as likely to be influenced than women.

Reviews and rating statistics reveal people value the opinion of peers more than any other content.

Source: Collective Bias

83 Percent Of Consumers Don't Trust Advertising

The conventional channels to reach customers aren't as prominent as they utilized to be. A lot of users who no longer trust advertisements choose to take note of clients' recommendations online.

Source: Statuslabs

15 Percent Of Customers Do Not Trust Businesses With No Online Reviews

No trust means no interactions. 15% of potential clients won't even think about working with a company they can't find viewpoints about.

Source: Statuslabs

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

More youthful individuals know the value of being informed. User-generated material has an unassailable effect on customers.

They will realize what they've been missing out on if businesses stop to consider the power of customer reviews over millennials. Older people are different though, just 6% of individuals aged 55 or older check out reviews.

Source: Brightlocal

91% Of Businesses Think The Business's Star Rating Can Determine Whether They Win Or Lose A Possible Team Member

The 86% of companies question the integrity of online reviews. However, they understand the massive impact user rankings have on their business. Undesirable client or employee reviews can influence 90% of job seekers.

Source: Career Arc

70 Percent Of Consumers Prefer To Find Out About A Business Through Short Articles And Reviews, Instead Of Advertisements

Ads are all well and good, but it's worth attempting a different approach as well. Reviews are by far the best method to discover the truth about a product or service.

Source: Statuslabs

Reviews Shared On Twitter Can Help Improve Online Sales By 6.46%

Online review stats show that reviews shared on Twitter, do more to increase sales than those on any other social network.

Source: Yotpo

30% Of Consumers Feel Comfortable With A Company Which Answers Online Reviews

Corresponding with your clients builds their trust. Even something as basic as responding to their reviews and remarks can make them feel appreciated.

As you might expect, customers who feel this way are more willing to spend more money with a company.

Source: Statuslabs