90 Percent Of Site Visitors Need Less Than 10 Reviews To Form An Opinion About A Business

You know what individuals say about very first impressions?

Users get their first impression of your businesses through reviews. Typically through less than 10 of them.

If you do not have reviews on your site, think about asking your visitors to compose one.

Source: Martech Zone

30% Of Consumers Feel Favorable To A Business Which Reacts To Online Reviews

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

As you may anticipate, clients who feel this way are happy to invest more money with a company.

Source: Statuslabs

More Than Four Negative Reviews About A Company Or Product Might Reduce Sales By 70%

One negative review suffices for 35% of a website's visitors to decide not to buy. Three negative reviews can cost a business 59 percent fewer sales.

Obviously, they can be compensated by the sheer number 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

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

The 86% of companies doubt the integrity of online reviews. However, they recognize the enormous effect user ratings have on their business. Unfavorable consumer or employee reviews can affect 90% of job seekers.

Source: Career Arc

Fifty Percent Of All Millennial's "Constantly" Check Out Online Reviews For Companies

More youthful individuals understand the worth of being informed. User-generated content has an unassailable effect on consumers.

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

Source: Brightlocal

61 Percent Of Regional Businesses Have An Average Rating Of 4 Or 5 Stars

Overall two-thirds of businesses have outstanding and awesome rankings. Just 5% of businesses have a score below three stars.

Source: Brightlocal

Customer Reviews On Products Are Relied On Nearly 12 Times More Than The Manufacturers' Descriptions

Word-of-mouth reviews are miles ahead of the makers' description. Individuals trust other individuals viewpoints before they ever trust what the manufacturer says. The reason, manufacturers' descriptions are essentially advertisements.

Source: Martech Zone

63.6 Percent Of Consumers Visit Google To Read Reviews Of A Business

Thinking about the last statistic, it comes as a surprise that Yelp (45%) and TripAdvisor (30%) come second and 3rd, leaving Facebook (23%) last.

These online review stats show the basic appeal of a site can only presume when it concerns trust.

Source: Review Trackers

53% Of Customers Anticipate Businesses To Respond Within A Week To Negative Reviews

Online review stats prove that 63% of customer reviews stay without a reply. That's regrettable, due to the fact that those businesses are losing clients that way.

Source: Review Trackers

70% Of Consumers Choose To Learn About A Business Via Short Articles And Reviews, Instead Of Ads

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

Source: Statuslabs

89% Of Consumers Read A Businesses Feedback To Reviews

Not only do the majority of shoppers check out the review replies, 30% of them hold them in high regard. Nearly 96% read the replies to their own reviews.

Source: Brightlocal

72% Of Customers Will Not Take Action Unless They Read Some Reviews

No matter how attractive your marketing is, you still require client reviews. There's no way around it. Customers are still willing to hear you out, but they trust other individuals more.

Source: My Testimonial Engine

88% Of Executives View Reputation Risk As A Top Business Issue

Reputation management statistics suggest a company's reputation does not impact just the customers. Prospective employees also take a look at scores and read reviews.

Source: Deloitte

15 Percent Of Consumers Don't Trust Businesses Without Online Reviews

No trust indicates no interactions. 15 percent of potential customers won't even consider working with a company they can't discover opinions about.

Source: Statuslabs

Reviews Posted On Twitter Can Help Grow Online Sales By 6.46%

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

Source: Yotpo