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

Reputation management stats show a business's reputation doesn't impact just the consumers. Potential team members likewise look at rankings and take a look at reviews.

Source: Deloitte

Most Popular Items Have An Average Ranking Of 4.2 To 4.7

You can't make everybody happy, which is why perfect 5 star ratings are suspicious. That's why it is unnatural to get perfect 5 star rankings.

According to client rating statistics, conversion rates start to decrease as ratings rise above 4.7.

Source: Spiegel Research Center

83% Of All Young Shoppers Were Asked To Submit A Review Recently

Of those invited, 80% of customers did give a review. Overall, companies have asked 66% of all customers to leave a review on their business.

Source: Brightlocal

83% Of Clients Don't Trust Advertising

The conventional channels to reach customers aren't as prominent as they utilized to be. Most users who no longer trust advertisements select to pay attention to consumers' recommendations online.

Source: Statuslabs

63.6% Of Customers Go To Google To Check For Reviews Of A Business

Thinking about the last stat, it comes as a surprise that Yelp (45%) and TripAdvisor (30%) come 2nd and 3rd, leaving Facebook (23%) at the end.

These online review stats show the general appeal of a site can just presume when it pertains to trust.

Source: Review Trackers

54% Of Americans Pay The Most Attention To The Average Star Score Of A Local Business

The star ranking is the first thing customers see. Still, users focus on other elements also, like the quantity, recency, length, and sentiment of reviews. Each of these alone affects more than a 3rd of USA customers.

Source: Statista

74% Of Local Businesses Have At Least One Google Review

One review is far from sufficient to enhance your site's SERP ranking.

Taking a look at online rankings stats, we found out that a business needs to have approximately 40 reviews before buyers "Award" it with a star.

Source: Brightlocal

49 Percent Of Consumers Consider The Quantity Of Online Reviews As A Vital Factor In Their Buying Decision

Customers value not only the quality or nature of the reviews, but they consider their number and recency as well.

The share of consumers, who focus on the variety of reviews is presently at 46%.

Source: Brightlocal

Online Item Reviews About An Item Can Improve Its Conversion Rate By More Than 270%

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

Source: Spiegel Research Center

86 Percent Of Consumers Would Think About Writing A Review For A Business

Your customers are your most important resource, and it's not just because of the cash they spend at your business. If you give them an excellent experience, they will be willing to share it.

Source: Brightlocal

Many Local Businesses Have Approximately 39 Google Reviews

People like to share their experience after they've gone to a vendor. Online review trends show people prefer to comment if they had a positive experience, rather than a average or unfavorable one.

Source: Brightlocal

53 Percent Of Americans Consider Product Reviews And Ratings As The Most Essential Part Of The Online Shopping Experience In 2018.

Today's consumers are smart and want the best bang for their dollar. It's not surprising that that they consider reading reviews as a big part of the purchasing decision.

Source: Statista

67% Of Consumers Suggest Reviews Are A "Extremely Important" Factor When Picking A Service Provider

When customers have to pick a solution provider, reviews have an enormous impact on their decision.

Source: DemandGenReport

30% Of Customers Feel Comfortable With A Company Which Reacts To Online Reviews

Keeping in touch with your consumers develops trust. Even something like responding to their remarks and reviews can make them feel appreciated.

As you may expect, clients who feel this way are going to spend more cash with a company.

Source: Statuslabs

71% Of Millennials Search Customer Reviews Of Professional Services

More than half of all individuals in need of an expert service turn to online reviews.

According to online reviews data, 59% utilized online reviews to select a physician or a legal representative.

Younger people (age 18-35) are even more inclined to work with an expert based upon online reviews. Only 19% of millennials will consider employing an attorney without any.

Source: Thomson Reuters

91% Of Companies Believe The Business's Star Rating Can Determine Whether They Win Or Lose A Potential Team Member

The 86% of businesses doubt the integrity of online reviews. However, they realize the enormous effect user rankings have on their business. Unfavorable customer or employee reviews can affect 90% of job seekers.

Source: Career Arc

Software Application Reviews Influence Over 98% Of All Purchasers

18% of software purchasers consider reviews to be a necessary factor in the purchase procedure. Software application reviews have no effect whatsoever on just 2 percent of customers. Two thirds of them read more than six reviews to make up their mind and 14 percent of them read more than 20 reviews.

Source: Capterra

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

Regardless of how attractive your marketing is, you still need customer reviews. There is no skirting around it. Clients are still happy to hear you out, however they rely on other individuals more.

Source: My Testimonial Engine