Customers Could Spend 31 Percent More With A Business That Has Excellent Reviews

Take note of this fact. The better other users describe your product or service, the more money you can charge and customer review stats reveal to us precisely just how much more.

Source: Martech Zone

73 Percent Of Consumers Believe Written Reviews Are More Important Than Star And Number Ratings

Online review statistics make it clear people aren't pleased with ratings alone.

Customer reviews make the stats appear more authentic which is what the would-be clients are looking for. Almost a third of customers say composed reviews are the only function that makes them think the sites' reviews are helpful and pertinent.

Source: Fan and Fuel

A Solitary Business Review Can Lift Its Conversions By 10%

Online review stats reveal user-generated content can do wonders in terms of conversions.

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

A hundred reviews can boost your conversion rates by as much as 37 percent. Two hundred can provide a mind-blowing 44% increase.

Source: RevLocal

Users Checking Out Reviews On A Mobile Phone Are 127% Most Likely To Purchase Than Desktop Users

Mobile users prefer to get things done quicker. Therefore, buying choices are made rapidly.

Online reviews are obviously persuasive, yet marketers haven't necessarily come to value the power of them.

Source: Martech Zone

70% Of Consumers Prefer To Discover A Business By Means Of Reviews And Articles, Rather Than Advertisements

Advertisements are all well and good, but it deserves trying a different approach as well. Reviews are by far the best way to find the truth about a product or service.

Source: Statuslabs

30% Of Customers Feel Favorable To A Business Which Responds To Online Reviews

Corresponding with your consumers creates trust. Even something easy like reacting to their remarks and reviews can make them feel valued.

As you may expect, clients who feel this way are going to spend more cash with a company.

Source: Statuslabs

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

Reputation management statistics show a business's reputation does not impact just the consumers. Prospective team members likewise take a look at scores and take a look at reviews.

Source: Deloitte

US Buyers Regard "Product Performance" To Be The Most Helpful Detail In Product Reviews

When individuals read reviews, they concentrate on various elements of the shopping experience. However according to online review stats, 60% of them are most thinking about the item's performance.

Customer satisfaction, product quality and quality over time are the next few factors to consider for more than 50% of US clients.

Source: Statista

If They Were Asked, 77% Of Clients Would Most Likely Leave A Review

More than a 35% would leave a review to notify others about their client encounter and 24% would certainly direct their review to the business itself.

Over a 26% would be willing to submit a review to help other individuals with their decision making process.

Source: Podium

Negative Reviews Can Improve Conversion By Up To 85%

It sounds crazy, but negative reviews can be a positive driver for users to devote more time on your website. According to online review stats, individuals devote more than 5 times as long on a site when they read negative reviews.

More than two thirds of users trust reviews more when there are a mix of negatives and positives. An overwhelming 95% suspect censorship or faked reviews if there aren't any unfavorable ones.

Source: Reevoo

Just 44 Percent Of Local Businesses Have Accepted Their Google My Business Listing

That's 56 percent of your competition that aren't taking advantage of their listing.

While business listings on the major review platforms are totally free, a surprisingly low number of companies in fact make use of them.

Although we now know why client reviews are so powerful, many businesses obviously do not.

Source: LsaInsider

More Than Half Of Consumers Won't Use A Business If It Has Less Than A 4 Star Score

This stat is among numerous that illustrate the importance of online ratings. Now that news of customer complete satisfaction travels this quick, keeping your customers happy is more crucial than ever.

57% of customers have looked for business with more than four stars in 2018, which is up from 48% in 2017.

11 percent looked just for organizations with a best five star rating.

Source: Brightlocal

86% Of Consumers Would Think About Composing A Review For A Business

Your customers are your most important 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 a good experience.

Source: Brightlocal

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

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

Looking at online rankings statistics, we learnt that a company requires to have an average of 40 reviews before visitors "Award" it with a star.

Source: Brightlocal

A One Star Boost In Score Can Lead To A 5% To 9% Increase In Business Earnings

Businesses that treat consumers fairly generally prosper, review sites help make certain of that.

Source: Statuslabs

52% Of Consumers Trust A Product More If It Has Negative Reviews Too

We already discussed the positive and negative reviews and their result on consumers. However, all products have their faults, if all of a products reviews are positive, it raises red flags that possibly the reviews are fake. Customers expect to see some negative reviews.

Source: Capterra