Just 44 Percent Of Local Companies Have Actually Claimed Their Google My Business Listing

That's 56% of your competitors that aren't benefiting from their listing.

While business listings on the significant review platforms are totally free, a remarkably low number of companies actually make use of them.

Although we now know why consumer reviews are so powerful, many businesses apparently don't.

Source: LsaInsider

83 Percent Of Customers Do Not Rely On Advertising

The standard channels to reach consumers aren't as prominent as they utilized to be. A lot of users who no longer trust ads select to take notice of customers' suggestions online.

Source: Statuslabs

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

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

Taking a look at online rankings stats, we learnt that a business needs to have an average of 40 reviews before buyers "Award" it with a star.

Source: Brightlocal

49 Percent Of Consumers Consider The Quantity Of Online Reviews As A Vital Factor In Their Purchasing Decision

Consumers value not just the quality or nature of the reviews, but they consider their quantity and recency too.

The share of consumers, who focus on the variety of reviews is presently at 46%.

Source: Brightlocal

Facebook Reviews Affect More Than 50% Of Consumers' Buying Decisions

Facebook is presently the most popular social media which can likewise affect our buying decisions.

According to social media reviews statistics, Facebook impacts more than half of users' purchase decisions.

Facebook reviews statistics expose that 4 out of 5 users are more likely to trust a local business if it has favorable reviews.

Source: RevLocal

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

Reputation management stats suggest a company's reputation does not affect simply the consumers. Prospective team members likewise look at ratings and read reviews.

Source: Deloitte

A One Star Boost In Rating Can Result In A 5% To 9% Increase In Business Earnings

Businesses that treat consumers well typically succeed, review websites help make certain of that.

Source: Statuslabs

Online Reviews Affect 67.7% Of Consumer Buying Decisions

More than two thirds of buyers concur online reviews are either a "Fairly decisive", "Very decisive", or "Absolutely decisive" part of their decision making process.

Source: Moz

15 Percent Of Users Don't Trust Businesses Without Having Online Reviews

No trust indicates no interactions. 15% of potential clients won't even think about doing business with a company they can't discover viewpoints about.

Source: Statuslabs

Google Represents 57.5% Of All Reviews Across The Globe

Google is the clear winner as far as circulation goes, however they are not the only ones in the game.

These are the online reviews distribution rankings:

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

Source: Review Trackers

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

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

Google My Business signals, like distance 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

Reviews Shared On Twitter Can Increase Revenues By 6.46 Percent

Online review data show that reviews shared on Twitter, do more to grow sales than those on any other social media platform.

Source: Yotpo

If They Were Asked, 77% Of Customers Would Submit A Review

More than a 35% would do it to educate others about their client encounter and 24% would certainly direct their review to the company itself.

Over a 26% would want to give a review to assist other people with their decision making process.

Source: Podium