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

Reputation management statistics indicate a company's reputation does not impact simply the customers. Prospective employees likewise take a look at rankings and take a look at reviews.

Source: Deloitte

A Lone Business Review Can Raise Its Conversions By 10 Percent

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

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

A hundred reviews can increase your conversion rates by as much as 37%. Two hundred can supply a mind-blowing 44 percent boost.

Source: RevLocal

89% Of Clients Choose To Read Reviews On Their Mobile Devices

Be it by means of an app or a mobile browser, customers prefer to read reviews on their cell phones.

Source: Statista

Online Item Reviews About An Item Can Raise Its Conversion Rate By More Than 270 Percent

User review stats show the purchase probability for an item with 5 reviews is 270% higher than the same product without reviews.

Source: Spiegel Research Center

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

That's 56 percent of your competition that aren't benefiting from their listing.

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

Although we now understand why customer reviews are so powerful, a lot of businesses obviously don't.

Source: LsaInsider

Reviews Are The Most Essential Part Of The Purchase Decision For Over 90% Of American Clients

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

To highlight the value of online reviews and ratings, did you understand that 81% of customers will pay more for an item with reviews and those exact same customers are also ready to accept slower shipping times for such items.

Source: Turntonetworks

Google Accounts For 57.5 Percent Of All Reviews Across The World

Google is in the lead here, followed by Facebook as a remote second.

These the online reviews circulation rankings:

Google at 57.5%, Facebook with 19%, TripAdvisor with 8.4%, Yelp at 6.6% and Others with 8.6%.

Source: Review Trackers

If It Has Negative Reviews As Well, 52% Of Consumers Trust An Item More

We already discussed the negative and positive reviews and their result on consumers. Nevertheless, all products have their faults, if all of a products reviews are positive, it raises warnings that perhaps the reviews are phony. Customers anticipate to see some unfavorable reviews.

Source: Capterra

83 Percent Of Clients Do Not Trust Advertising

The conventional channels to reach clients aren't as prominent as they utilized to be. Most users who no longer trust advertisements select to pay attention to consumers' recommendations online.

Source: Statuslabs

77% Of Consumers Don't Rely On Reviews That Are Older Than Three Months

Consumers don't care how good your product or service was in the past. Since they are relevant and fresh, is part of why online reviews matter.

Customers know businesses lose their touch all the time, which is why most of them consider older reviews irrelevant.

It is for this reason that companies should to be continuously asking for reviews.

Source: Statuslabs

53% Of Consumers Anticipate Companies To Respond Within A Week To Unfavorable Reviews

Online review statistics prove that 63% of client reviews go on without a response. That's regrettable, since those companies are losing clients that way.

Source: Review Trackers

Because They Want To Buy An Item Or A Service And Desire To Get The Facts About The Businesses Items And Services, 82 Percent Of Consumers Visit Review Sites.

Review sites are places that customers go to get the truth about a product, service or business . Because they have already formed a buying decision, users come. The bulk of them (89 percent) buy within a week of their visit. And 29 percent do so within 24 hours.

Source: RevLocal

15% Of Clients Do Not Trust Businesses With No Online Reviews

No trust indicates no interactions. 15% of possible customers won't even consider doing business with a company they can't discover viewpoints about.

Source: Statuslabs

Favorable Reviews Encourage 68 Percent Of Customers To Use Local Businesses

Considering that the huge bulk of customers check out reviews, you would want yours to be appealing to brand-new clients, right? Keep them short, positive and sweet.

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

Source: Brightlocal

89% Of Customers Review A Companies Reactions To Reviews

Not only do the majority of individuals check out the review replies, 30% of them highly value them. Practically 96% read the feedback to their own reviews.

Source: Brightlocal

91% Of Millennials Trust In Online Reviews As Much As Friends And Family

Online review statistics put customers' reviews as the most reliable source of suggestions. Online reviews typically carry the very same weight as guidance from loved ones.

Source: Brightlocal

US Shoppers Consider "Product Performance" To Be The Most Helpful Detail In Product Reviews

They focus on various aspects of the shopping experience when individuals check out reviews. However according to online review statistics, 60% of them are most thinking about the product's performance.

Client satisfaction, product quality and quality in time are the next few factors to consider for more than 50% of USA customers.

Source: Statista