53% Of Customers Expect Companies To Answer Back Within A Week To Negative Reviews

Online review stats show that 63% of customer reviews stay without a reply. That's too bad, due to the fact that those companies are losing consumers that way.

Source: Review Trackers

A Lone Business Review Can Raise Its Conversions By 10%

Online review statistics show user-generated material can do miracles in terms of conversions.

A single review can have an enormous influence on your business.

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

Source: RevLocal

Facebook Reviews Impact More Than 50 Percent Of Consumers' Purchasing Decisions

Facebook is currently the most popular social media which can also affect our buying preferences.

According to social media reviews statistics, Facebook affects more than half of users' purchase choices.

Facebook reviews stats reveal that four out of 5 users are more likely to trust a local business if it has favorable reviews.

Source: RevLocal

Software Reviews Influence Over 98 Percent Of All Purchasers

18 percent of software purchasers consider reviews to be a vital factor in the purchase procedure. Software application reviews have no effect whatsoever on only 2% of customers. Two-thirds of them read more than six reviews to make up their mind and 14 percent of them read more than 20 reviews.

Source: Capterra

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

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

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

Although we now know why consumer reviews are so effective, the majority of businesses apparently don't.

Source: LsaInsider

67% Of Customers Report Reviews Are A "Extremely Important" Factor When Choosing A Solution Provider

When customers need to choose a solution provider, reviews have a massive impact on their decision.

Source: DemandGenReport

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

This stat is among numerous that show the value of online ratings. Now that news of client complete satisfaction travels this quick, keeping your consumers happy is more vital than ever.

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

11% looked only for organizations with a best five star ranking.

Source: Brightlocal

72 Percent Of Customers Will Not Take Action Unless They Read Some Reviews

No matter how tempting your marketing is, you still require client reviews. There's no skirting around it. Clients are still happy to hear you out, however they rely on other people more.

Source: My Testimonial Engine

Online Item Reviews About An Item Can Boost Its Conversion Rate By More Than 270%

User review stats show the purchase likelihood for a product with five reviews is 270% higher than the very same product without reviews.

Source: Spiegel Research Center

Reviews Are The Most Important Part Of The Purchase Decision For Over 90% Of United States Consumers

24% of US buyers consider reviews as 'exceptionally influential'.

To illustrate the importance of online reviews and scores, did you know that 81% of consumers will pay more for a product with reviews and those exact same customers are likewise happy to accept slower shipping times for such items.

Source: Turntonetworks

Fifty Percent Of All Millennial's "Always" Read Online Reviews For Businesses

More youthful people understand the worth of being informed. User-generated material has an unassailable impact on consumers.

If businesses think of the power of client reviews over millennials, they will understand what they've been losing out on. Older people are different though, just 6% of people aged 55 or older read reviews.

Source: Brightlocal

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

Typically, 142 million consumers visit Yelp every month. This is as great a time as any if you haven't claimed your complimentary Yelp business page.

Source: RevLocal

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

Typically 2 out of 3 businesses have exceptional and awesome scores. Just 5% of companies have a score below 3 stars.

Source: Brightlocal

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

The 86% of companies doubt the integrity of online reviews. However, they understand the massive effect user rankings have on their business. Undesirable customer or employee reviews can influence 90% of job seekers.

Source: Career Arc

Negative Reviews Can Improve Conversion By As Much As 85%

It sounds crazy, however negative reviews can be a positive driver for users to spend more time on your site. According to online review statistics, individuals devote more than five times as long on a website when they check out negative reviews.

When there are a mix of negatives and positives, more than two thirds of users trust reviews more. If there aren't any negative ones, a frustrating 95% suspect censorship or fabricated reviews.

Source: Reevoo

Since They Want To Buy A Service Or A Product And Want To Get The Truth About The Businesses Items And Services, 82% Of Consumers Go To Review Sites.

Review sites are places that people go to get the truth about a service, item or business. Due to the fact that they have already formed a purchase decision, users come. The majority of them (89 percent) buy within a week of their visit. And 29% do so in 24 hours.

Source: RevLocal

60 Percent Of Consumers Check Out Blog And Social Media Reviews On Their Mobile Phones Before Shopping

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

Reviews and ranking data show people value the opinion of peers more than any other content.

Source: Collective Bias

49% Of Customers Consider The Quantity Of Online Reviews As A Vital Consideration Of Their Buying Decision

Customers value not only the quality or nature of the reviews, however they consider their quantity and recency too.

The share of clients, who take notice of the variety of reviews is presently at 46%.

Source: Brightlocal