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98 Percent Of Yelp's Visitors Purchased From A Business They Found On The Website
Normally, 142 million customers check out Yelp monthly. This is as good a time as any if you haven't declared your free Yelp business page.
Source: RevLocal
74% Of Regional Companies Have At A Minimum, One Google Review
One review is far from adequate to improve your website's SERP ranking.
Looking at online rankings data, we found out that a company requires to have a minimum of 40 reviews before visitors "Award" it with a star.
Source: Brightlocal
Online Reviews Affect 67.7% Of Consumer Purchasing Decisions
More than 2 thirds of consumers concur online reviews are either a "Fairly decisive", "Very decisive", or "Absolutely decisive" part of their decision making experience.
Source: Moz
Customers Could Spend 31 Percent More With A Business That Has Fantastic Reviews
Take note of this fact. The better other users explain your product and services, the more cash you can charge and consumer review statistics show us exactly how much more.
Source: Martech Zone
88% Of Executives Consider Reputation Risk As A Top Business Concern
Reputation management stats suggest a business's reputation does not impact just the customers. Potential team members also take a look at scores and take a look at reviews.
Source: Deloitte
70% Of Customers Need To Check Out A Minimum Of 4 Reviews Before They Can Trust A Business
4 reviews may be too few. Many people read a lot more reviews to get a clear view of how business is actually doing. Do not depend upon that fact alone.
Source: Brightlocal
72 Percent Of Clients Won't Take Action Unless They Check Out Some Reviews
No matter how attractive your marketing is, you still need customer reviews. There's no way around it. Clients are still going to hear you out, but they rely on other individuals more.
Source: My Testimonial Engine
Consumers Checking Out Reviews On A Mobile Phone Are 127 Percent Most Likely To Purchase Than Desktop Users
Mobile users prefer to get things done faster. Buying choices are made quickly.
Online reviews are certainly persuasive, yet marketers have not necessarily come to value the power of them.
Source: Martech Zone
More Than 4 Negative Reviews About A Business Or Product Might Reduce Sales By 70 Percent
One negative review suffices for 35% of a site's visitors to choose not to buy. 3 negative reviews can cost a business 59% less sales.
Obviously, they can be compensated by the sheer 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
Customer Reviews On Products Are Trusted Practically 12 Times More Than The Makers' Descriptions
Word-of-mouth reviews are miles ahead of the producers' description. People trust other individuals opinions before they ever trust what the maker states. The reason, manufacturers' descriptions are essentially advertisements.
Source: Martech Zone
Reviews Are The 3rd Most Prominent Ranking Factor For Google's Local 3 Pack
Review signals (quantity, diversity, etc.) represent 15.44% of Google's algorithm for local ranking.
Google My Business signals, like distance and keywords account for 25.12%, and link signals at 16.53%, are more crucial than reviews as far as ranking factors go for the local 3 pack.
Source: Moz