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

Reputation management stats show a business's reputation doesn't affect simply the consumers. Potential team members likewise take a look at rankings and take a look at reviews.

Source: Deloitte

Online Item Reviews About A Product Can Amplify Its Conversion Rate By An Incredible 270 Percent

User review statistics show the purchase probability for an item with five reviews is 270% higher than the very same product without reviews.

Source: Spiegel Research Center

98% Of Yelp's Browsers Purchased From A Business They Found On The Website

Typically, 142 million customers check out Yelp on a monthly basis. This is as great a time as any if you haven't claimed your free Yelp business page.

Source: RevLocal

82 Percent Of Consumers Visit Review Sites Due To The Fact That They Wish To Buy An Item Or A Service And Wish To Get The Truth About Business Product Or Services.

Users come since they have currently formed a purchase decision. The majority of them (89 percent) buy within a week of their visit.

Source: RevLocal

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

Recently reviews are shorter, simpler, and more straight to the point. The word count of a review in 2019 is proportionate to that of tweet from twitter.

Source: Review Trackers

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

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

Source: Trust You

Reviews Are The Most Crucial Part Of The Purchase Decision For Over 90% Of US Consumers

24% of US shoppers consider reviews as 'very influential'.

To show the importance of online reviews and ratings, did you understand that 81 percent of customers will pay more for a product with reviews and those exact same consumers are also ready to accept slower shipping times for such items.

Source: Turntonetworks

70% Of Customers Choose To Learn About A Business Through Short Articles And Reviews, Rather Than Ads

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

Source: Statuslabs

88% Of Americans Revealed That Product Reviews Were The Most Influential Factor When Buying Home Electronic Devices

Statistics reveal that reviews were more successful than Television ads at 37%, social networks at 23% and display advertisements at 49%.

Source: Statista

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

Generally 2 out of 3 companies have outstanding and great ratings. Only 5% of businesses have a score listed below 3 stars.

Source: Brightlocal

More Than Half Of Consumers Will Not Utilize A Company If It Has Less Than A 4 Star Ranking

This stat is among many that illustrate the importance of online rankings. Now that news of client satisfaction travels this fast, keeping your clients delighted is more crucial than ever.

57 percent of consumers have searched for business with more than four stars in 2018, which is up from 48% in 2017.

Moreover, 11% looked only for companies with a best five star rating.

Source: Brightlocal

89% Of Consumers Review A Businesses Feedback To Reviews

Not only do many shoppers check out the review replies, 30% of them value them highly. Nearly 96% read the feedback to their own reviews.

Source: Brightlocal

Only 44 Percent Of Local Companies Have Accepted Their Google My Business Listing

That's 56% of your competition that aren't taking advantage of their listing.

While business listings on the major review platforms are totally free, a remarkably low number of companies in fact utilize them.

Although we now know why consumer reviews are so powerful, many businesses obviously do not.

Source: LsaInsider

52% Of Customers Trust A Product More If It Has Negative Reviews Too

We already discussed the positive and negative reviews and their result on customers. However, all products have their faults, it raises red flags that maybe the reviews are phony if all of a products reviews are positive. Consumers expect to see some negative reviews.

Source: Capterra

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

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

Reviews and ranking data show people value the viewpoint of peers more than any other material.

Source: Collective Bias

74 Percent Of Regional Companies Have At Least One Google Review

A single review is far from sufficient to enhance your site's SERP ranking.

Looking at online scores stats, we learnt that a company needs to have a minimum of 40 reviews before buyers "Award" it with a star.

Source: Brightlocal