Consumers Could Spend 31% More With A Business That Has Great Reviews

Pay attention to this statistic. The more detailed other users describe your product and services, the more money you can charge and customer review statistics reveal to us precisely how much more.

Source: Martech Zone

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

The 86% of businesses doubt the integrity of online reviews. Nevertheless, they understand the enormous impact user rankings have on their business. Undesirable consumer or staff member reviews can affect 90% of job seekers.

Source: Career Arc

More Than Half Of Customers Won't Use A Service If It Has Less Than A 4 Star Score

This stat is one of many that illustrate the value of online rankings. Now that news of client fulfillment travels this fast, keeping your consumers happy is more important than ever.

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

Additionally, 11% looked only for organizations with a best five star rating.

Source: Brightlocal

98% Of Yelp's Browsers Bought From A Business They Found On The Site

Generally, 142 million consumers visit Yelp each month. If you have not declared your free Yelp business page, this is as good a time as any.

Source: RevLocal

73 Percent Of Consumers Believe Client Reviews Are More Vital Than Star And Number Ratings

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

Customer reviews make the stats appear more authentic which is what the potential clients are trying to find. Almost a third of customers say written reviews are the only feature that makes them think the sites' reviews are beneficial and pertinent.

Source: Fan and Fuel

83 Percent Of Clients Don't Trust Advertising

The traditional channels to reach clients aren't as prominent as they used to be. Many users who no longer trust ads select to take notice of consumers' suggestions online.

Source: Statuslabs

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

Businesses that treat consumers honorably normally prosper, review sites help make sure of that.

Source: Statuslabs

Negative Reviews Can Improve Conversion By Up To 85 Percent

It sounds insane, but negative reviews can be a positive driver for users to spend more time on your website. According to online review data, individuals spend more than 5 times as long on a site when they read negative reviews.

When there are a mix of positives and negatives, more than two thirds of users trust reviews more. A frustrating 95% suspect censorship or faked reviews if there aren't any unfavorable ones.

Source: Reevoo

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

Reputation management statistics show a business's reputation doesn't affect just the customers. Prospective team members also look at rankings and take a look at reviews.

Source: Deloitte

A Solitary Business Review Can Lift Its Conversions By 10 Percent

Online review statistics reveal user-generated content can do wonders in regards to conversions.

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

A hundred reviews can increase your conversion rates by as much as 37 percent. Two hundred can supply an astonishing 44 percent increase.

Source: RevLocal

More Than Four Negative Reviews About A Business Or Service Might Decrease Sales By 70%

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

Naturally, they can be compensated by the large number of positive reviews you get.

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

Source: Martech Zone

Only 6 Percent Of Consumers Do Not Trust Consumer Reviews At All

According to customer review stats, a massive 19% of consumers always trust online reviews and never a purchase without checking out reviews initially.

Source: Statista