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Only 44% Of Local Companies Have 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 free, a remarkably low number of companies really use them.
Although we now know why client reviews are so powerful, a lot of businesses apparently do not.
Source: LsaInsider
Software Reviews Impact Over 98% Of All Buyers
18 percent of software application purchasers consider reviews to be a vital factor in the purchase procedure. Software application reviews have no impact whatsoever on only 2 percent of customers. Two thirds of them read more than six reviews to make up their mind and 14% of them read more than 20 reviews.
Source: Capterra
67% Of Consumers Admit Reviews Are A "Extremely Important" Factor When Selecting A Solution Provider
Reviews have a huge impact on their decision when clients have to select a solution provider.
Source: DemandGenReport
61 Percent Of Regional Businesses Have An Average Ranking Of 4 To 5 Stars
Generally two thirds of businesses have exceptional and good scores. Only 5% of companies have a ranking listed below 3 stars.
Source: Brightlocal
Online Reviews Affect 67.7% Of Consumer Purchasing Decisions
More than 2 thirds of consumers agree online reviews are either a "Fairly decisive", "Very decisive", or "Absolutely decisive" part of their decision making process.
Source: Moz
91% Of Businesses Believe The Business's Star Rating Can Determine Whether They Win Or Lose A Prospective Employee
The 86% of companies doubt the integrity of online reviews. Nevertheless, they recognize the massive impact user ratings have on their business. Unfavorable customer or staff member reviews can affect 90% of job seekers.
Source: Career Arc
88% Of Executives Consider Reputation Risk As A Leading Business Issue
Reputation management stats indicate a company's reputation does not impact just the consumers. Prospective employees also look at ratings and read reviews.
Source: Deloitte
Consumers Might Invest 31% More With A Business That Has Excellent Reviews
Take note of this fact. The better other users describe your service or product, the more money you can charge and customer review stats show us precisely just how much more.
Source: Martech Zone
30% Of Clients Feel Favorable To A Business Which Reacts To Online Reviews
Communicating with your consumers creates trust. Even something as simple as responding to their comments and reviews can make them feel appreciated.
As you might expect, customers who feel this way are happy to invest more cash with a company.
Source: Statuslabs
82 Percent Of Consumers Check Out Review Sites Since They Wish To Purchase A Product Or A Service And Wish To Get The Truth About Business Product Or Services.
Review websites are places that people go to get the facts about a service, product or business. Because they have currently formed a buying decision, users come. The bulk of them (89%) buy within a week of their visit. And 29% do so within 24 hours.
Source: RevLocal
Reviews Are The Most Vital Part Of The Purchase Choice For Over 90% Of American Clients
24% of US buyers consider reviews as 'incredibly influential'.
To highlight the value of online reviews and scores, did you understand that 81 percent of customers will pay more for a product with reviews and those same consumers are also ready to accept slower shipping times for such items.
Source: Turntonetworks