74% Of Local Companies Have At Least One Google Review

A single review is far from adequate to enhance your website's SERP ranking.

Taking a look at online ratings stats, we learnt that a company requires to have a minimum of 40 reviews before visitors "Award" it with a star.

Source: Brightlocal

88% Of Americans Declared That Product Reviews Were The Most Prominent Factor When Purchasing Home Electronic Devices

Data reveal that reviews were more helpful than TV ads at 37%, social media at 23% and display advertisements at 49%.

Source: Statista

60 Percent Of Consumers Consult Blog And Social Media Network Reviews On Their Mobile Phones Prior To Shopping

In-store purchasing is influenced substantially by blogs and reviews on social media. With males being twice as likely to be influenced than ladies.

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

Source: Collective Bias

If It Has Unfavorable Reviews As Well, 52% Of Customers Trust An Item More

We already touched upon the negative and positive reviews and their effect on consumers. However, all products have their faults, if all of a products reviews are positive, it raises warnings that maybe the reviews are phony. People anticipate to see some negative reviews.

Source: Capterra

Many Local Businesses Have An Average Of 39 Google Reviews

Individuals like to share their experience after they have gone to a vendor. Online review trends reveal individuals choose to comment if they had a positive experience, rather than a mediocre or unfavorable one.

Source: Brightlocal

More Than Four Negative Reviews About A Business Or Service Might Decrease Sales By 70 Percent

One negative review suffices for 35% of a website's visitors to choose not to purchase. 3 negative reviews can cost a business 59 percent fewer sales.

Of course, they can be compensated by the large variety of positive reviews you receive.

"It takes many good deeds to build a good reputation, and only one bad one to lose it." -Benjamin Franklin

Source: Martech Zone

88% Of Executives Regard Reputation Risk As A Leading Business Problem

Reputation management statistics suggest a company's reputation doesn't impact simply the consumers. Potential team members likewise take a look at scores and take a look at reviews.

Source: Deloitte

91% Of Companies Think The Company's Star Rating Can Determine Whether They Win Or Lose A Possible Employee

The 86% of companies doubt the integrity of online reviews. However, they realize the huge impact user ratings have on their business. Undesirable customer or staff member reviews can influence 90% of job seekers.

Source: Career Arc

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

Usually, 142 million consumers go to Yelp each month. This is as great a time as any if you haven't declared your free Yelp business page.

Source: RevLocal

86 Percent Of Consumers Would Consider Composing A Review For A Business

Your consumers are your most important resource, and it's not only because of the cash they spend at your business. They will be ready to share it if you offer them a good experience.

Source: Brightlocal

89% Of Shoppers Like To Read Reviews Using Their Mobile Phones

Be it by means of an app or a mobile internet browser, people today choose to read reviews on their mobile phones.

Source: Statista

77% Of Customers Would Definitely Submit A Review If They Were Asked

More than a 35% would do it to notify others about their customer encounter and 24% would definitely direct their review to the company itself.

Over a 26% would want to post a review to assist other individuals with their decision making process.

Source: Podium