88% Of Executives Consider Reputation Risk As A Top Business Concern

Reputation management stats suggest a business's reputation does not affect simply the clients. Prospective employees likewise look at scores and read reviews.

Source: Deloitte

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

Stats reveal that reviews were more effective than Television ads at 37%, social networks at 23% and display ads at 49%.

Source: Statista

53 Percent Of Americans Consider Product Reviews And Ratings As The Most Crucial Part Of The Online Shopping Experience In 2018.

Today's shoppers are smart and desire the very best bang for their buck. It's not surprising that that they consider reading reviews as a big part of the purchasing decision.

Source: Statista

83% Of All Younger Clients Were Invited To Post A Review Recently

Of those invited, 80% of customers did post a review. Overall, companies have asked 66% of all customers to leave a review on their company.

Source: Brightlocal

Google Accounts For 57.5% Of All Reviews Globally

Google is in the lead here, followed by Facebook as a remote second.

These are the online reviews circulation rankings:

Google with 57.5%, Facebook with 19%, TripAdvisor with 8.4%, Yelp with 6.6% and Others at 8.6%.

Source: Review Trackers

Reviews Are The Third Most Influential Ranking Aspect For Google's Local 3 Pack

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

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

Source: Moz

Consumers Might Invest 31 Percent More With A Business That Has Terrific Reviews

Pay attention to this fact. The better other users describe your product or service, the more cash you can charge and customer review statistics show us precisely how much more.

Source: Martech Zone

95% Of Unsatisfied Clients Will Go Back To A Company If A Business Makes An Effort To Solve Issues Rapidly And Effectively

Clients don't expect you to be perfect. They do anticipate you to resolve things when they go wrong. If there's nothing else a business can do to fix a concern, a simple coupon can say "We are sorry" in a more enticing way.

Source: SocialMediaToday

A Solitary Business Review Can Raise Its Conversions By 10 Percent

Online review statistics reveal user-generated content can do miracles in terms of conversions.

A single review can have an enormous effect on your business.

A hundred reviews can increase your conversion rates by as much as 37%. 2 hundred can supply a mind-blowing 44% increase.

Source: RevLocal

83 Percent Of Consumers Do Not Trust Advertising

The traditional channels to reach customers aren't as influential as they used to be. Many users who no longer trust advertisements choose to take note of customers' suggestions online.

Source: Statuslabs

61 Percent Of Regional Businesses Have An Average Rating Of 4 Or 5 Stars

Generally two thirds of businesses have outstanding and awesome scores. Only 5% of businesses have a ranking below three stars.

Source: Brightlocal

The Average Review Word Count Has Gotten 65% Shorter Since 2010

Nowadays reviews are much shorter, easier, and more straight to the point. The word count of a review in 2019 is similar to that of a twitter tweet.

Source: Review Trackers

The Majority Of Shoppers Aged 25-34 Posted Reviews

According to Statista, the younger generations are reportedly the more opinionated ones.

Source: Statista