70 Percent Of Consumers Need To Read A Minimum Of Four Reviews Before They Can Rely On A Business

Four reviews may be too few. Most people read many more reviews to get an idea of how the business is really doing. Do not depend on that statistic alone.

Source: Brightlocal

A Solitary Business Review Can Raise Its Conversions By 10%

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

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

A hundred reviews can raise your conversion rates by as much as 37%. 2 hundred can offer an astonishing 44 percent increase.

Source: RevLocal

More Than Four Negative Reviews About A Business Or Product May Decrease Sales By 70 Percent

One negative review suffices for 35 percent of a website's visitors to decide not to purchase. 3 negative reviews can cost a business 59% less sales.

Obviously, they can be compensated by the sheer variety 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

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

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

Source: Statista

95% Of Unsatisfied Customers Will Return To A Business If A Business Takes Care Of Problems Quickly And Effectively

Customers do not anticipate you to be perfect. They do expect you to resolve things when they go wrong. If there is absolutely nothing else a business can do to deal with a concern, a simple coupon can say "We are sorry" in a more appealing way.

Source: SocialMediaToday

83 Percent Of Consumers Don't Trust Advertising

The traditional channels to reach clients aren't as prominent as they used to be. The majority of users who no longer trust ads pick to pay attention to customers' recommendations online.

Source: Statuslabs

74% Of Regional Companies Have At A Minimum, 1 Google Review

One review is far from adequate to improve your site's SERP ranking.

Taking a look at online rankings data, we discovered that a company requires to have approximately 40 reviews before customers "Award" it with a star.

Source: Brightlocal

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

Reputation management statistics suggest a company's reputation doesn't affect simply the consumers. Prospective team members likewise take a look at ratings and take a look at reviews.

Source: Deloitte

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

More than a 35% would leave a review to advise others about their customer experience and 24% would definitely direct their review to the company itself.

Over a 26% would want to give a review to help other individuals with their choice making process.

Source: Podium

83% Of All Young Clients Were Invited To Submit A Review Recently

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

Source: Brightlocal

Consumers Could Spend 31 Percent More With A Business That Has Terrific Reviews

Focus on this statistic. The more detailed other users describe your services or product, the more money you can charge and customer review statistics reveal to us exactly just how much more.

Source: Martech Zone

67% Of Consumers Say Reviews Are A "Very Important" Factor When Selecting A Solution Provider

When customers need to pick a solution provider, reviews have a massive influence on their decision.

Source: DemandGenReport