One-half Of All Millennial's "Always" Check Out Online Reviews For Businesses

More youthful individuals understand the worth of being informed. User-generated content has an indisputable impact on customers.

If businesses think of the power of consumer reviews over millennials, they will recognize what they've been losing out on. Older people are different though, only 6% of people aged 55 or older check out reviews.

Source: Brightlocal

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

Online review stats place clients' reviews as the most credible source of recommendations. Online reviews typically bring the exact same weight as guidance from loved ones.

Source: Brightlocal

74 Percent Of Local Companies Have At Least One Google Review

One review is far from adequate to enhance your website's SERP ranking.

Looking at online rankings statistics, we found out that a company requires to have approximately 40 reviews before people "Award" it with a star.

Source: Brightlocal

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

The 86% of businesses question the integrity of online reviews. Nevertheless, they realize the huge effect user scores have on their business. Undesirable client or employee reviews can influence 90% of job seekers.

Source: Career Arc

Only 6 Percent Of Consumers Do Not Trust Client Reviews At All

According to consumer review statistics, a whopping 19% of consumers always trust online reviews and never ever a make a purchase without checking out reviews.

Source: Statista

The Average Review Word Count Has Actually Gotten 65% Shorter Since 2010

Now a days reviews are shorter, easier, and more straight to the point. The length of a review in 2019 is comparable to that of tweet from twitter.

Source: Review Trackers

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

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

With the help of other consumers, you manage to choose a model that works for you. That's how positive reviews convert customers into consumers.

Source: Consumer Affairs

67% Of Customers Claim That Reviews Are A "Extremely Crucial" Factor When Choosing A Service Provider

When consumers have to choose a service provider, reviews have an enormous influence on their decision.

Source: DemandGenReport

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

Reputation management statistics show a company's reputation does not impact simply the consumers. Prospective team members also take a look at scores and read reviews.

Source: Deloitte

Many Best-selling Items Have An Average Rating Of 4.2 To 4.7

You can't make everyone delighted, which is why perfect 5 star rankings are suspicious. Somebody always has a little a gripe. That's why it is abnormal to get perfect 5 star scores. Often a lower score really helps your overall rating.

According to consumer rating stats, conversion rates start to reduce as rankings rise above 4.7.

Source: Spiegel Research Center

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

Typically, 142 million customers go to Yelp every month. If you have not claimed your complimentary Yelp business page, this is as excellent a time as any.

Source: RevLocal

Reviews Posted On Twitter Can Help Improve Revenues By 6.46 Percent

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

Source: Yotpo

Facebook Reviews Impact More Than 50 Percent Of Customers' Purchasing Decisions

Facebook is currently the most popular social network which can also influence our purchasing preferences.

According to social reviews data, Facebook impacts more than half of users' purchase choices.

If it has favorable reviews, Facebook reviews stats reveal that 4 out of 5 users are most likely to rely on a local business.

Source: RevLocal

Favorable Reviews Encourage 68 Percent Of Consumers To Choose A Local Business

Since the huge bulk of customers read reviews, you'd want yours to be appealing to new clients? Keep them short, sweet and positive.

"Kind words can be short and easy to speak, but their echos are truly endless." -Mother Teresa

Source: Brightlocal

More Than Four Negative Reviews About A Business Or Product May Reduce Sales By 70 Percent

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

Of course, they can be compensated by the large variety of positive reviews you get.

"It takes many good deeds to build a good reputation, and only one bad one to lose it." -Benjamin Franklin

Source: Martech Zone

61% Of Local Businesses Have An Average Rating Of 4 To 5 Stars

Overall two thirds of companies have exceptional and awesome scores. Just 5% of companies have a score listed below 3 stars.

Source: Brightlocal

70 Percent Of Consumers Prefer To Find Out About A Business Through Short Articles And Reviews, Rather Than Ads

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

Source: Statuslabs