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

The 86% of businesses question the integrity of online reviews. Nevertheless, they understand the enormous impact user ratings have on their business. Undesirable client or staff member reviews can influence 90% of job seekers.

Source: Career Arc

A One Star Increase In Ranking Can Result In A 5% To 9% Increase In Business Profits

Businesses that treat clients well typically prosper, review websites help ensure of that.

Source: Statuslabs

91% Of Millennials Have Confidence In Online Reviews As Much As Loved Ones

Online review stats place customers' reviews as the most trustworthy source of recommendations. Online reviews usually bring the exact same weight as recommendations from friends and family.

Source: Brightlocal

Most Best Selling Products Have An Average Rating Of 4.2 To 4.7

You can't make everyone happy, which is why perfect 5 star ratings are suspicious. That's why it is unnatural to get perfect 5 star scores.

According to customer rating stats, conversion rates start to decrease as rankings rise above 4.7.

Source: Spiegel Research Center

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

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

Source: Statista

74 Percent Of Local Businesses Have At Least 1 Google Review

A single review is far from sufficient to enhance your site's SERP ranking.

Taking a look at online ratings data, we learnt that a business requires to have approximately 40 reviews before users "Award" it with a star.

Source: Brightlocal

One-half Of All Of The Millennial's "Constantly" Read Online Reviews For Companies

More youthful people understand the value of being informed. User-generated content has an indisputable influence on customers.

If businesses stop to consider the power of consumer reviews over millennials, they will recognize what they've been missing out on. Older individuals are different though, only 6% of people aged 55 or older check out reviews.

Source: Brightlocal

30% Of Customers Feel Positive About A Business Which Responds To Online Reviews

Staying connected with your clients builds their trust. Even something like responding to their reviews and remarks can make them feel valued.

As you may expect, clients who feel this way are more willing to spend more cash with a business.

Source: Statuslabs

64 Percent Of Americans Concur That User-generated Content (customer Reviews) Improved Their Shopping Experience In 2017

30 percent of consumers who check out client reviews, agree that it increases their purchasing confidence.

Companies utilize the reviews to enhance their products or services.

"We all need people who will give us feedback. That's how we improve." -Bill Gates

Source: Statista

If It Has Less Than A 4 Star Ranking, More Than Half Of Consumers Won't Use A Business

This stat is among many that highlight the importance of online ratings. Now that news of client complete satisfaction travels this quick, keeping your consumers delighted is more important than ever.

57 percent of customers have searched for business with more than 4 stars in 2018, which is up from 48 percent in 2017.

Moreover, 11% looked just for organizations with a perfect five star rating.

Source: Brightlocal

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

Facebook is currently the most popular social media which can likewise influence our buying preferences.

According to social media reviews data, Facebook affects over half of users' purchase decisions.

Facebook reviews statistics expose that 4 out of five users are most likely to trust a local business if it has positive reviews.

Source: RevLocal

Customer Reviews On Items Are Trusted Practically 12 Times More Than The Makers' Descriptions

Word-of-mouth reviews are miles ahead of the manufacturers' description. Individuals trust other individuals viewpoints before they ever trust what the manufacturer states. The reason, makers' descriptions are generally advertisements.

Source: Martech Zone

63.6 Percent Of Customers Check Out Google To Read Reviews Of A Business

Considering the last statistic, it comes as a surprise that Yelp (45%) and TripAdvisor (30%) come second and third, leaving Facebook (23%) last.

When it comes to trust, these online review stats reveal the general appeal of a website can just go so far.

Source: Review Trackers

83% Of All Younger Consumers Were Asked To Submit A Review Recently

Of those asked, 80% of customers did post a review. In general, businesses have asked 66% of all consumers to give a review on their company.

Source: Brightlocal

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

Reviews have an enormous impact on their decision when consumers have to select a service provider.

Source: DemandGenReport