Consumers Could Spend 31% More With A Business That Has Great Reviews

Take note of this statistic. The better other users describe your service or product, the more money you can charge and customer review statistics show us exactly how much more.

Source: Martech Zone

61 Percent Of Local Businesses Have A Typical Ranking Of 4 To 5 Stars

Typically 2 out of 3 companies have good and awesome ratings. Only 5% of businesses have a ranking below 3 stars.

Source: Brightlocal

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

More youthful people understand the value of being informed. User-generated material has an indisputable effect on customers.

They will realize what they've been missing out on if businesses stop to think about the power of consumer reviews over millennials. Older people are various though, only 6% of individuals aged 55 or older check out reviews.

Source: Brightlocal

74% Of Regional Companies Have At A Minimum, 1 Google Review

One review is far from enough to improve your website's SERP ranking.

Looking at online scores stats, we discovered that a business requires to have at least 40 reviews before consumers "Award" it with a star.

Source: Brightlocal

Online Reviews Affect 67.7% Of Consumer Buying Decisions

More than two thirds of customers agree online reviews are either a "Fairly decisive", "Very decisive", or "Absolutely decisive" part of their decision making experience.

Source: Moz

89% Of Buyers Choose To Read Reviews Using Their Mobile Phones

Be it via an app or a mobile browser, most people prefer to read reviews on their mobile devices.

Source: Statista

64 Percent Of Americans Concur That User-generated Content (customer Reviews) Improved Their Shopping Experience In 2017

30% of customers who read consumer reviews, concur that it increases their purchasing confidence.

Companies use the reviews to enhance their products or services.

"We all need people who will give us feedback. That's how we improve." -Bill Gates

Source: Statista

91% Of Companies 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. Nonetheless, they recognize the huge effect user scores have on their business. Unfavorable client or employee reviews can affect 90% of job seekers.

Source: Career Arc

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

Corresponding with your customers establishes trust. Even something as simple as responding to their remarks and reviews can make them feel valued.

As you may expect, customers who feel this way are happy to invest more cash with a company.

Source: Statuslabs

60 Percent Of Consumers Seek Advice From Blog And Social Network Reviews On Their Cell Phones Prior To Shopping

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

Reviews and ranking data show individuals value the opinion of peers more than any other content.

Source: Collective Bias

A One Star Increase In Score Can Lead To A 5% To 9% Boost In Business Profits

Businesses that treat customers honorably usually prosper, review websites help make sure of that.

Source: Statuslabs

95% Of Travelers Check Out Online Reviews Prior To Scheduling Travel Related Services

Leisure and business tourists alike check out reviews to form an opinion. Business travelers check out an average of 5 reviews vs. 6-7 for leisure tourists.

Source: Trust You

Reviews Are The 3rd Most Influential Ranking Factor For Google's Local 3 Pack

Review signals (quantity, diversity, etc.) account for 15.44% of Google's algorithm for local ranking.

Only Google My Business signals, like proximity and keywords represent 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

A Solitary Business Review Can Raise Its Conversions By 10%

Online review stats reveal user-generated content can do miracles in terms of conversions.

A single review can have a massive effect on your business.

A hundred reviews can raise your conversion rates by as much as 37%. Two hundred can provide an astonishing 44% boost.

Source: RevLocal

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

Reputation management statistics show a company's reputation doesn't affect simply the clients. Prospective employees likewise look at ratings and take a look at reviews.

Source: Deloitte

Over Half Of Clients Aged 25-34 Posted Reviews

According to Statista, the younger generations are surprisingly the more opinionated ones.

Source: Statista

89% Of Consumers Read A Companies Feedback To Reviews

Not only do the majority of shoppers check out the review replies, 30% of them highly value them. Almost 96% read the reactions to their own reviews.

Source: Brightlocal

86% Of Customers Would Think About Writing A Review For A Business

Your customers are your most valuable resource, and it's not just because of the money they invest at your business. They will be prepared to share it if you provide them a great experience.

Source: Brightlocal