Half Of All Millennial's "Always" Check Out Online Reviews For Companies

More youthful individuals understand the value of being informed. User-generated content has an indisputable impact on consumers.

If businesses stop to consider the power of customer reviews over millennials, they will understand what they've been losing out on. Older people are various though, only 6% of individuals aged 55 or older read reviews.

Source: Brightlocal

77% Of Consumers Would Submit A Review If They Were Asked

More than a 35% would do it to inform others about their client experience and 24% would undoubtedly direct their review to the business itself.

Over a 26% would want to submit a review to assist other people with their choice making process.

Source: Podium

Just 44% Of Local Companies Have Actually Accepted Their Google My Business Listing

That's 56 percent of your competitors that aren't taking advantage of their listing.

While business listings on the significant review platforms are totally free, a remarkably low number of businesses in fact use them.

Although we now know why client reviews are so powerful, a lot of businesses apparently do not.

Source: LsaInsider

90% Of Customers Need Less Than 10 Reviews To Form A Viewpoint About A Business

You know what people state about 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

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

The 86% of businesses question the integrity of online reviews. Nevertheless, they recognize the enormous impact user ratings have on their business. Unfavorable customer or employee reviews can influence 90% of job seekers.

Source: Career Arc

Reviews Posted On Twitter Can Increase Online Sales By 6.46 Percent

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

Source: Yotpo

89% Of Consumers Prefer To Read Reviews Using Their Smart Devices

Be it by means of an app or a mobile internet browser, people today choose to read reviews on their cell phones.

Source: Statista

Only 6% Of Customers Do Not Rely On Customer Reviews At All

According to client review data, a tremendous 19% of consumers constantly rely on online reviews and never ever a make a purchase without reading reviews.

Source: Statista

63.6% Of Consumers Check Out Google To Check For Reviews Of A Business

Thinking about the last stat, it comes as a surprise that Yelp (45%) and TripAdvisor (30%) come 2nd and third, leaving Facebook (23%) behind.

These online review statistics show the general appeal of a website can just presume when it pertains to trust.

Source: Review Trackers

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

Reviews have a massive effect on their decision when consumers have to choose a solution provider.

Source: DemandGenReport

Reviews Are The 3rd Most Prominent Ranking Factor For Google's Local 3 Pack

Review signals (quantity, variety, and so on) account for 15.44% of Google's algorithm for local ranking.

Google My Business signals, like distance and keywords represent 25.12%, and link signals at 16.53%, are more vital than reviews as far as ranking factors go for the local 3 pack.

Source: Moz

More Than 4 Negative Reviews About A Business Or Service Might Decrease Sales By 70 Percent

One negative review is enough for 35 percent of a website's visitors to choose not to buy. 3 negative reviews can cost a business 59 percent fewer sales.

Obviously, they can be compensated by the sheer 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

A One Star Boost In Score Can Lead To A 5% To 9% Boost In Business Earnings

Businesses that treat customers well typically flourish, review sites help ensure of that.

Source: Statuslabs

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

Typically 2 out of 3 companies have outstanding and good scores. Just 5% of businesses have a rating listed below three stars.

Source: Brightlocal

52% Of Customers Trust A Product More If It Has Negative Reviews Too

We already discussed the negative and positive reviews and their effect on consumers. However, all products have their faults, if all of a products reviews are positive, it raises warnings that perhaps the reviews are phony. Customers expect to see some negative reviews.

Source: Capterra

15% Of Buyers Do Not Trust Businesses With No Online Reviews

No trust implies no interactions. 15 percent of possible consumers won't even think about doing business with a company they can't discover opinions about.

Source: Statuslabs

70 Percent Of Customers Choose To Find Out About A Business Via Reviews And Short Articles, Rather Than Ads

Ads are all well and good, but it's worth trying a different approach too. Reviews are without a doubt the best way to find the truth about a service or product.

Source: Statuslabs