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Most Local Companies Have Approximately 39 Google Reviews
Individuals like to share their experience after they've visited a vendor. Online review trends show people choose to comment if they had a favorable experience, rather than a negative or mediocre one.
Source: Brightlocal
73% Of Consumers Think Written Reviews Are More Important Than Star And Number Rankings
Online review statistics make it clear people aren't satisfied with ratings alone.
Client reviews make the stats appear more authentic which is what the prospective customers are looking for. Almost a 3rd of consumers state written reviews are the only function that makes them think the sites' reviews are relevant and beneficial.
Source: Fan and Fuel
A Single Business Review Can Lift Its Conversions By 10%
Online review statistics reveal user-generated material can do miracles in terms of conversions.
A single review can have a massive influence on your business.
A hundred reviews can increase your conversion rates by as much as 37 percent. Two hundred can supply an astonishing 44% increase.
Source: RevLocal
Reviews Are The Third Most Prominent Ranking Element 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 account for 25.12%, and link signals at 16.53%, are more vital than reviews as far as ranking elements go for the local 3 pack.
Source: Moz
Half Of All Of The Millennial's "Constantly" Read Online Reviews For Businesses
Younger people know the worth of being informed. User-generated material has an unassailable effect on customers.
If businesses think of the power of consumer reviews over millennials, they will recognize what they've been losing out on. Older individuals are different though, just 6% of individuals aged 55 or older read reviews.
Source: Brightlocal
53% Of Consumers Expect Companies To Respond Within A Week To Negative Reviews
Online review stats prove that 63% of consumer reviews go on without a reply. That's regrettable, since those companies are losing customers that way.
Source: Review Trackers
When Purchasing Home Electronics, 88% Of Americans Claimed That Product Reviews Were The Most Influential Element
Stats reveal that reviews were more effective than Television ads at 37%, social networks at 23% and display ads at 49%.
Source: Statista
Just 44% Of Local Businesses Have Claimed Their Google My Business Listing
That's 56% of your competition that aren't benefiting from their listing.
While business listings on the major review platforms are totally free, a surprisingly low number of companies actually use them.
Although we now understand why consumer reviews are so effective, a lot of businesses obviously do not.
Source: LsaInsider
95% Of Travelers Check Out Online Reviews Prior To Booking Travel Services
Leisure and business tourists alike check out reviews to form a viewpoint. Business travelers read an average of 5 reviews vs. 6-7 for leisure tourists. 59% of all travelers report that they read reviews 'always' or 'very often'.
Source: Trust You
Consumers Might Spend 31 Percent More With A Business That Has Great Reviews
Take notice of this statistic. The better other users describe your product or service, the more money you can charge and customer review statistics reveal to us precisely just how much more.
Source: Martech Zone
Reviews Are The Most Crucial Part Of The Purchase Decision For Over 90% Of United States Customers
24% of US buyers consider reviews as 'very influential'.
To highlight the importance of online reviews and ratings, did you understand that 81 percent of consumers will pay more for a product with reviews and those same consumers are also happy to accept slower shipping times for such items.
Source: Turntonetworks
The Majority Of Individuals Aged 25-34 Wrote Reviews
According to Statista, the younger generations are plainly the more vocal ones.
Source: Statista
88% Of Executives Consider Reputation Risk As A Top Business Issue
Reputation management statistics indicate a company's reputation does not affect just the consumers. Prospective employees likewise take a look at rankings and read reviews.
Source: Deloitte