More Than 4 Negative Reviews About A Business Or Service Might Reduce Sales By 70 Percent

One negative review is enough for 35% of a site's visitors to choose not to purchase. Three negative reviews can cost a business 59 percent fewer sales.

Obviously, they can be compensated by the sheer variety of positive reviews you receive.

"It takes many good deeds to build a good reputation, and only one bad one to lose it." -Benjamin Franklin

Source: Martech Zone

61 Percent Of Local Businesses Have An Average Ranking Of 4 Or 5 Stars

Typically two-thirds of businesses have excellent and outstanding ratings. Only 5% of companies have a ranking listed below three stars.

Source: Brightlocal

53% Of Americans Consider Item Reviews And Rankings As The Most Essential Part Of The Online Shopping Experience In 2018.

Today's consumers are smart and desire the very best bang for their dollar. It's no surprise that they consider checking out reviews as a big part of the purchasing decision.

Source: Statista

Clients Might Invest 31% More With A Business That Has Fantastic Reviews

Take note of this fact. The better other users explain your product and services, the more money you can charge and consumer review statistics reveal to us exactly just how much more.

Source: Martech Zone

Just 6% Of Consumers Do Not Rely On Customer Reviews At All

According to customer review statistics, a massive 19 percent of customers constantly rely on online reviews and never ever a purchase without checking out reviews initially.

Source: Statista

Reviews Posted On Twitter Can Increase Online Sales By 6.46 Percent

Online review statistics reveal that reviews shared on Twitter, do more to increase sales than those on any other social media platform.

Source: Yotpo

88% Of Americans Reported That Product Reviews Were The Most Prominent Factor When Buying Home Electronic Devices

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

Source: Statista

Customer Reviews On Products Are Trusted Almost 12 Times More Than The Manufacturers' Descriptions

Word-of-mouth reviews are miles ahead of the producers' description. People trust other peoples opinions before they ever trust what the manufacturer says. The reason, makers' descriptions are basically advertisements.

Source: Martech Zone

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

Reputation management stats indicate a company's reputation does not affect just the consumers. Prospective team members likewise take a look at scores and read reviews.

Source: Deloitte

83% Of Clients Don't Trust Advertising

The conventional channels to reach customers aren't as prominent as they utilized to be. The majority of users who no longer trust advertisements choose to pay attention to consumers' suggestions online.

Source: Statuslabs

98 Percent Of Yelp's Website Visitors Bought From A Business They Discovered On The Website

Normally, 142 million consumers visit Yelp monthly. If you haven't declared your free Yelp business page, this is as excellent a time as any.

Source: RevLocal