88% Of Executives Judge Reputation Risk As A Top Business Problem

Reputation management stats show a company's reputation does not affect simply the clients. Prospective team members likewise look at rankings and read reviews.

Source: Deloitte

Just 44 Percent Of Local Businesses Have Accepted Their Google My Business Listing

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

While business listings on the major review platforms are free, a surprisingly low number of businesses really make use of them.

Although we now know why customer reviews are so powerful, the majority of businesses apparently do not.

Source: LsaInsider

Reviews Are The Most Vital Part Of The Purchase Choice For Over 90% Of United States Customers

24% of US shoppers consider reviews as 'extremely influential'.

To highlight the significance of online reviews and ratings, did you understand that 81 percent of customers will pay more for an item with reviews and those very same clients are also ready to accept slower shipping times for such items.

Source: Turntonetworks

72 Percent Of Customers Will Not Take Action Before They Check Out Some Reviews

No matter how captivating your marketing is, you still require consumer reviews. There's no other way around it. Customers are still going to hear you out, but they rely on other individuals more.

Source: My Testimonial Engine

Online Product Reviews About An Item Can Amplify Its Conversion Rate By More Than 270 Percent

User review statistics show the purchase likelihood for a product with 5 reviews is 270% higher than the very same item without reviews.

Source: Spiegel Research Center

Fifty Percent Of All Of The Millennial's "Constantly" Check Out Online Reviews For Companies

Younger people understand the value of being informed. User-generated content has an indisputable effect on customers.

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

Source: Brightlocal

71% Of Millennials Browse Consumer Reviews Of Expert Services

More than half of all people in need of an expert service turn to online reviews.

According to online reviews stats, 59% used online reviews to choose a legal representative or a doctor.

Younger people (age 18-35) are a lot more inclined to work with an expert based on online reviews. Just 19% of millennials will consider employing a legal representative without any.

Source: Thomson Reuters

89% Of Shoppers Prefer To Read Reviews Using Their Cell Phones

Be it by means of an app or a mobile internet browser, people young and old prefer to read reviews on their phones.

Source: Statista

If They Were Asked, 77% Of Clients Would Definitely Give A Review

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

Over a 26% would be willing to leave a review to assist other individuals with their choice making process.

Source: Podium

95% Of Travelers Read Online Reviews Prior To Reserving Travel Related Services

Leisure and business tourists alike check out reviews to form a viewpoint. Business tourists read an average of 5 reviews vs. 6-7 for leisure tourists. 59percent of all tourists report that they check out reviews 'always' or 'very frequently'.

Source: Trust You

A Lone Business Review Can Lift Its Conversions By 10%

Online review stats reveal user-generated content can do wonders in terms of conversions.

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

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

Source: RevLocal

86% Of Customers Would Think About Composing A Review For A Business

Your clients are your most valuable resource, and it's not only because of the cash they spend at your business. If you provide a great experience, they will be willing to share it.

Source: Brightlocal

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

Review signals (amount, variety, etc.) represent 15.44% of Google's algorithm for local ranking.

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

Source: Moz

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

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

Source: Brightlocal

70% Of Customers Choose To Discover A Business Via Reviews And Articles, Instead Of Advertisements

Advertisements are all well and good, but it deserves attempting a different approach too. Reviews are by far the very best way to discover the truth about a product or service.

Source: Statuslabs

60% Of Consumers Consult Blog And Social Media Network Reviews On Their Cell Phones Prior To Shopping

In-store purchasing is influenced considerably by blogs and reviews on social media. With men being two times as likely to be affected than ladies.

Reviews and ranking statistics show people value the opinion of peers more than any other material.

Source: Collective Bias

30% Of Customers Feel Comfortable With A Company Which Reacts To Online Reviews

Corresponding with your consumers establishes trust. Even something like reacting to their comments and reviews can make them feel valued.

As you might anticipate, customers who feel this way are more willing to invest more money with a company.

Source: Statuslabs

Because They Want To Buy A Service Or A Product And Desire To Get The Facts About The Businesses Items And Services, 82% Of Customers Check Out Review Sites.

Users come due to the fact that they have actually already formed a buying decision. The majority of them (89%) buy within a week of their visit.

Source: RevLocal