74% Of Local Companies Have At Least 1 Google Review

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

Taking a look at online ratings stats, we found out that a business needs to have at least 40 reviews before consumers "Award" it with a star.

Source: Brightlocal

73 Percent Of Consumers Think Consumer Reviews Are More Vital Than Star And Number Ratings

Online review stats make it clear individuals aren't satisfied with scores alone.

Customer reviews make the statistics appear more genuine which is what the prospective customers are searching for. Nearly a 3rd of customers state written reviews are the only function that makes them think the sites' reviews are useful and pertinent.

Source: Fan and Fuel

Consumers Might Invest 31 Percent More With A Business That Has Excellent Reviews

Focus on this fact. The better other users explain your services or product, the more money you can charge and consumer review statistics show us precisely just how much more.

Source: Martech Zone

Reviews Published On Twitter Can Help Grow Online Sales By 6.46 Percent

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

Source: Yotpo

Most Local Companies Have Approximately 39 Google Reviews

People like to share their experience after they have visited a vendor. Online review trends reveal individuals choose to comment if they had a favorable experience, instead of a average or unfavorable one.

Source: Brightlocal

Online Product Reviews About A Product Can Increase Its Conversion Rate By A Staggering 270 Percent

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

Source: Spiegel Research Center

Just 44 Percent Of Local Companies Have Claimed Their Google My Business Listing

That's 56% of your competitors that aren't benefiting from their listing.

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

Although we now know why client reviews are so effective, many businesses obviously do not.

Source: LsaInsider

49% Of Consumers Consider The Number Of Online Reviews As A Vital Factor In Their Buying Decision

Consumers value not just the quality or nature of the reviews, but they consider their number and recency also.

The share of consumers, who take note of the variety of reviews is currently at 46 percent.

Source: Brightlocal

90 Percent Of Consumers Require Less Than 10 Reviews To Form A Viewpoint About A Business

You understand what people say about very first impressions?

Users get their first impression of your businesses through reviews. Typically through less than 10 of them.

If you don't have reviews on your site, think about asking your visitors to write one.

Source: Martech Zone

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

Usually, 142 million consumers visit Yelp on a monthly basis. If you haven't claimed your complimentary Yelp business page, this is as good a time as any.

Source: RevLocal

83% Of Customers Do Not Rely On Advertising

The standard channels to reach consumers aren't as prominent as they utilized to be. Many users who no longer trust ads choose to take notice of customers' recommendations online.

Source: Statuslabs

30% Of Customers Feel Comfortable With A Company Which Answers Online Reviews

Staying connected with your customers creates trust. Even something easy like responding to their remarks and reviews can make them feel appreciated.

As you may anticipate, clients who feel this way are ready to spend more money with a company.

Source: Statuslabs