A Lone Business Review Can Raise Its Conversions By 10 Percent

Online review stats show user-generated material can do wonders in regards to conversions.

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

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

Source: RevLocal

15% Of Consumers Do Not Trust Businesses Without Online Reviews

No trust implies no interactions. 15 percent of possible customers won't even consider doing business with a company they can't find viewpoints about.

Source: Statuslabs

54% Of Americans Pay The Most Attention To The Average Star Rating Of A Local Organization

The star rating is the first thing customers see. Still, users take note of other factors also, like the amount, recency, length, and sentiment of reviews. Each of these alone influences more than a third of US consumers.

Source: Statista

Customer Reviews On Items Are Relied On Almost 12 Times More Than The Makers' Descriptions

Word-of-mouth reviews are miles ahead of the manufacturers' description. People trust other peoples opinions before they ever trust what the manufacturer says. The reason, producers' descriptions are generally advertisements.

Source: Martech Zone

Reviews Are The 3rd Most Prominent Ranking Aspect For Google's Local 3 Pack

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

Just Google My Business signals, like distance and keywords account for 25.12%, and link signals at 16.53%, are more vital than reviews as far as ranking factors go for the local 3 pack.

Source: Moz

Over Half Of Customers Will Not Utilize A Service If It Has Less Than A 4 Star Ranking

This stat is one of numerous that show the value of online ratings. Now that news of consumer satisfaction travels this fast, keeping your consumers delighted is more vital than ever.

57 percent of customers have actually looked for companies with more than four stars in 2018, which is up from 48% in 2017.

Furthermore, 11% looked just for businesses with a best five star rating.

Source: Brightlocal

30% Of Clients Feel Favorable To A Business Which Answers Online Reviews

Corresponding with your consumers develops trust. Even something as basic as responding to their comments and reviews can make them feel valued.

As you may expect, customers who feel this way are going to invest more money with a business.

Source: Statuslabs

74 Percent Of Local Companies Have At A Minimum, One Google Review

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

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

Source: Brightlocal

Just 44% Of Local Businesses Have Actually Accepted Their Google My Business Listing

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

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

Although we now understand why client reviews are so effective, the majority of businesses obviously do not.

Source: LsaInsider

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

Online review statistics reveal that 63% of client reviews stay without a response. That's too bad, due to the fact that those companies are losing clients that way.

Source: Review Trackers

Clients Might Invest 31 Percent More With A Business That Has Fantastic Reviews

Focus on this fact. The better other users describe your product and services, the more money you can charge and consumer review statistics reveal to us exactly how much more.

Source: Martech Zone

63.6% Of Customers Go To Google To Look For Reviews Of A Business

Considering the last statistic, it comes as a surprise that Yelp (45%) and TripAdvisor (30%) come 2nd and 3rd, leaving Facebook (23%) at the end.

These online review stats reveal the general appeal of a website can only go so far when it concerns trust.

Source: Review Trackers

Reviews Shared On Twitter Can Improve Revenues By 6.46 Percent

Online review data reveal that reviews shared on Twitter, do more to boost sales than those on any other social network.

Source: Yotpo

83% Of Consumers Do Not Rely On Advertising

The conventional channels to reach customers aren't as influential as they used to be. Most users who no longer trust advertisements choose to take notice of consumers' recommendations online.

Source: Statuslabs

67% Of Customers Claim That Reviews Are A "Extremely Crucial" Factor When Choosing A Solution Provider

Reviews have a huge impact on their decision when consumers have to choose a service provider.

Source: DemandGenReport

The Majority Of Shoppers Aged 25 To 34 Posted Reviews

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

Source: Statista

77% Of Clients Would Undoubtedly Give A Review If They Were Asked

More than a 35% would post a review to educate others about their customer experience and 24% would rather direct their review to the business itself.

Over a 26% would be willing to post a review to assist other individuals with their choice making process.

Source: Podium