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

Reputation management statistics indicate a company's reputation doesn't affect simply the consumers. Potential team members also look at ratings and take a look at reviews.

Source: Deloitte

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

Keeping in touch with your clients establishes trust. Even something as simple as responding to their remarks and reviews can make them feel appreciated.

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

Source: Statuslabs

61 Percent Of Local Businesses Have A Typical Ranking Of 4 Or 5 Stars

Generally 2 out of 3 businesses have excellent and exceptional rankings. Only 5% of businesses have a ranking below 3 stars.

Source: Brightlocal

Software Application Reviews Influence Over 98 Percent Of All Purchasers

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

Source: Capterra

71% Of Millennials Search Consumer Reviews Of Expert Services

More than half of all individuals in need of a professional service turn to online reviews.

According to online reviews data, 59% used online reviews to select a physician or a legal representative.

Young people (age 18-35) are even more inclined to hire a professional based upon online reviews. Just 19% of millennials will think about hiring a legal representative without any.

Source: Thomson Reuters

49% Of Consumers Consider The Quantity Of Online Reviews As An Essential Factor In Their Purchasing Decision

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

The share of consumers, who take note of the number of reviews is presently at 46%.

Source: Brightlocal

95 Percent Of Travelers Read Online Reviews Prior To Booking Travel Related Services

Leisure and business tourists alike read reviews to form an opinion. Business travelers read an average of 5 reviews vs. 6-7 for leisure travelers.

Source: Trust You

Facebook Reviews Affect More Than 50 Percent Of Consumers' Buying Decisions

Facebook is presently the most popular social network which can likewise affect our purchasing decisions.

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

If it has favorable reviews, Facebook reviews stats reveal that four out of five users are likely to rely on a local business.

Source: RevLocal

83% Of All Young Customers Were Asked To Give A Review Recently

Of those asked, 80% of consumers did leave a review. In general, companies have actually asked 66% of all clients to leave a review on their business.

Source: Brightlocal

74% Of Regional Companies Have At Least One Google Review

One review is far from adequate to improve your site's SERP ranking.

Looking at online rankings statistics, we discovered that a business needs to have at least 40 reviews before customers "Award" it with a star.

Source: Brightlocal

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

We already discussed the positive and negative reviews and their effect on customers. Nevertheless, all products have their faults, it raises red flags that maybe the reviews are phony if all of a products reviews are positive. Customers anticipate to see some negative reviews.

Source: Capterra

70 Percent Of Consumers Need To Read A Minimum Of Four Reviews Before They Can Trust A Business

4 reviews may be too few. Most people check out a lot more reviews to get an idea of how business is actually doing. Do not depend on that statistic alone.

Source: Brightlocal

72 Percent Of Clients Won't Take Action Unless They Check Out Some Reviews

Irrespective of how eye-catching your marketing is, you still require consumer reviews. There's no skirting around it. Consumers are still happy to hear you out, but they rely on other individuals more.

Source: My Testimonial Engine

73% Of Consumers Think Client Reviews Are More Crucial Than Star And Number Ratings

Online review data make it clear individuals aren't satisfied with ratings alone.

Consumer reviews make the stats appear more authentic which is what the prospective clients are trying to find. Nearly a third of consumers say composed reviews are the only function that makes them think the sites' reviews are appropriate and beneficial.

Source: Fan and Fuel