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

Reputation management statistics show a company's reputation does not affect just the consumers. Prospective team members likewise take a look at rankings and take a look at reviews.

Source: Deloitte

Reviews Published On Twitter Can Increase Revenues By 6.46 Percent

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

Source: Yotpo

86 Percent Of Customers Would Consider Composing A Review For A Business

Your customers are your most valuable resource, and it's not just because of the cash they invest at your business. If you provide an excellent experience, they will want to share it.

Source: Brightlocal

Online Product Reviews About An Item Can Increase Its Conversion Rate By An Incredible 270%

User review statistics reveal the purchase possibility for a product with 5 reviews is 270 percent higher than the very same item without reviews.

Source: Spiegel Research Center

More Than 4 Negative Reviews About A Company Or Product Might Reduce Sales By 70 Percent

One negative review is enough for 35% of a website's visitors to choose not to buy. Three negative reviews can cost a business 59% less sales.

Obviously, they can be compensated by the large number of positive reviews you receive.

"It takes many good deeds to build a good reputation, and only one bad one to lose it." -Benjamin Franklin

Source: Martech Zone

67% Of Customers Claim That Reviews Are A "Extremely Important" Factor When Picking A Service Provider

When clients need to select a service provider, reviews have a huge effect on their decision.

Source: DemandGenReport

91 Percent Of Millennials Have Faith In Online Reviews As Much As Family And Friends

Online review stats position clients' reviews as the most trustworthy source of suggestions. Online reviews generally carry the very same weight as advice from family and friends.

Source: Brightlocal

73% Of Customers Believe Consumer Reviews Are More Crucial Than Star And Number Rankings

Online review stats make it clear people aren't pleased with scores alone.

Customer reviews make the statistics appear more authentic which is what the prospective consumers are searching for. Nearly a third of consumers state composed reviews are the only function that makes them think the websites' reviews are beneficial and appropriate.

Source: Fan and Fuel

Just 6 Percent Of Customers Don't Trust Client Reviews At All

According to client review statistics, a massive 19% of consumers constantly trust online reviews and never a purchase without reading reviews first.

Source: Statista

Almost All Customers, Who Use Online Reviews, Read Them Early On In The Buying Process

Let's say you wish to purchase a brand-new car and there are several models which fit your requirements. How do you choose the very best one for you? Well, you read reviews.

With the help of other consumers, you quickly select one that works for you. That's how positive reviews transform customers into customers.

Source: Consumer Affairs

91% Of Companies Think The Business's Star Rating Can Determine Whether They Win Or Lose A Possible Employee

The 86% of businesses question the integrity of online reviews. However, they understand the massive impact user rankings have on their business. Unfavorable consumer or staff member reviews can affect 90% of job seekers.

Source: Career Arc

Customer Reviews On Items Are Trusted Almost 12 Times More Than The Manufacturers' Descriptions

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

Source: Martech Zone

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

That's 56% of your competitors that aren't making the most of their listing.

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

Although we now know why client reviews are so effective, many businesses apparently don't.

Source: LsaInsider

If A Business Manages To Resolve Issues Rapidly And Effectively, 95% Of Unsatisfied Consumers Will Go Back To A Company

Consumers do not anticipate you to be perfect. When things go wrong, they do anticipate you to resolve things. If there's absolutely nothing else a company can do to resolve a problem, a simple coupon can say "We're sorry" in a more attractive way.

Source: SocialMediaToday

A Solitary Business Review Can Raise Its Conversions By 10%

Online review statistics reveal user-generated material can do miracles in regards to conversions.

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

A hundred reviews can boost your conversion rates by as much as 37 percent. 2 hundred can provide an astonishing 44% boost.

Source: RevLocal

83% Of All Younger Buyers Were Invited To Submit A Review Recently

Of those invited, 80% of customers did submit a review. Overall, businesses have asked 66% of all customers to give a review on their business.

Source: Brightlocal