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74 Percent Of Local Companies Have At A Minimum, One Google Review
A single review is far from enough to enhance your website's SERP ranking.
Taking a look at online rankings stats, we found out that a business needs to have a minimum of 40 reviews before users "Award" it with a star.
Source: Brightlocal
Consumers Might Spend 31% More With A Business That Has Terrific Reviews
Pay attention to this statistic. The more detailed other users explain your product and services, the more money you can charge and customer review stats reveal to us precisely how much more.
Source: Martech Zone
Online Reviews Impact 67.7% Of Consumer Buying Decisions
More than two thirds of consumers agree online reviews are either a "Fairly decisive", "Very decisive", or "Absolutely decisive" part of their decision making experience.
Source: Moz
If They Were Asked, 77% Of Customers Would Certainly Submit A Review
More than a 35% would post a review to advise others about their customer encounter and 24% would probably direct their review to the company itself.
Over a 26% would want to leave a review to assist other people with their decision making process.
Source: Podium
63.6% Of Consumers Visit Google To Check For Reviews Of A Business
Considering the last statistic, it comes as a surprise that Yelp (45%) and TripAdvisor (30%) come second and 3rd, leaving Facebook (23%) at the bottom of the list.
When it comes to trust, these online review statistics show the basic appeal of a website can just go so far.
Source: Review Trackers
Software Application Reviews Influence Over 98 Percent Of All Buyers
18% of software purchasers consider reviews to be an important factor in the purchase procedure. Software application reviews have no effect whatsoever on only 2 percent of consumers. Two-thirds of them read more than 6 reviews to decide and 14% of them read more than 20 reviews.
Source: Capterra
86 Percent Of Customers Would Think About Composing A Review For A Business
Your consumers are your most valuable resource, and it's not only because of the money they invest at your business. They will be ready to share it if you offer them an excellent experience.
Source: Brightlocal
61 Percent Of Regional Businesses Have A Typical Rating Of 4 To 5 Stars
Typically two-thirds of companies have good and awesome rankings. Only 5% of businesses have a score listed below three stars.
Source: Brightlocal
Only 6 Percent Of Consumers Do Not Trust Client Reviews At All
According to client review data, a massive 19% of consumers constantly rely on online reviews and never ever a make a purchase without checking out reviews.
Source: Statista
Reviews Are The Most Crucial Part Of The Purchase Decision For Over 90% Of American Consumers
24% of US buyers consider reviews as 'very influential'.
To highlight the significance of online reviews and ratings, did you understand that 81 percent of customers will pay more for a product with reviews and those same clients are also happy to accept slower shipping times for such items.
Source: Turntonetworks
83% Of All Younger Clients Were Invited To Leave A Review Recently
Of those invited, 80% of consumers did leave a review. Overall, businesses have actually asked 66% of all consumers to leave a review on their company.
Source: Brightlocal
Online Product Reviews About An Item Can Raise Its Conversion Rate By An Incredible 270 Percent
User review statistics show the purchase probability for a product with 5 reviews is 270 percent higher than the same item without reviews.
Source: Spiegel Research Center
The Majority Of Popular Products Have An Average Ranking Of 4.2 To 4.7
You can't make everyone happy, which is why perfect 5 star ratings are suspicious. Someone always has a bit of a gripe. That's why it is unnatural to get perfect 5 star ratings. Sometimes a lower rating in fact helps your overall rating.
According to consumer rating statistics, conversion rates begin to decrease as ratings rise above 4.7.
Source: Spiegel Research Center
Almost All Customers, Who Use Online Reviews, Read Them Early In The Purchasing Process
Let's say you want to buy a brand-new car and there are several models which fit your requirements. How do you pick the best one for you? Well, you read online reviews.
With the help of other customers, you manage to pick a model that works for you. That's how favorable reviews transform customers into customers.
Source: Consumer Affairs