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91% Of Companies Think The Business's Star Rating Can Determine Whether They Win Or Lose A Prospective Employee
The 86% of companies question the integrity of online reviews. Nevertheless, they understand the huge impact user rankings have on their business. Unfavorable client or employee reviews can influence 90% of job seekers.
Source: Career Arc
Reviews Are The 3rd Most Prominent Ranking Factor For Google's Local 3 Pack
Review signals (amount, variety, etc.) account for 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
98 Percent Of Yelp's Site Visitors Bought From A Business They Found On The Website
Generally, 142 million consumers visit Yelp on a monthly basis. This is as excellent a time as any if you have not claimed your complimentary Yelp business page.
Source: RevLocal
A Solitary Business Review Can Lift Its Conversions By 10 Percent
Online review statistics reveal user-generated content can do miracles in regards to conversions.
A single review can have a huge impact on your business.
A hundred reviews can increase your conversion rates by as much as 37%. Two hundred can provide a mind-blowing 44 percent boost.
Source: RevLocal
90 Percent Of Site Visitors Need Less Than 10 Reviews To Form An Opinion About A Business
You know what people state about very first impressions?
Users get their impression of your businesses through reviews. Generally through less than 10 of them.
Think about asking your visitors to write one if you don't have reviews on your site.
Source: Martech Zone
Positive Reviews Encourage 68 Percent Of Consumers To Use Local Businesses
Considering that the huge bulk of consumers read reviews, you would want yours to be appealing to new customers? Keep them short, positive and sweet.
"Kind words can be short and easy to speak, but their echos are truly endless." -Mother Teresa
Source: Brightlocal
53% Of Customers Anticipate Companies To Respond Within A Week To Unfavorable Reviews
Online review stats clarify that 63% of customer reviews stay without a reply. That's regrettable, due to the fact that those businesses are losing customers that way.
Source: Review Trackers
If A Company Handles Issues Quickly And Efficiently, 95% Of Disappointed Consumers Will Return To A Company
Consumers don't anticipate you to be perfect. They do anticipate you to deal with things when they go wrong. If there is nothing else a business can do to solve a concern, a simple coupon can say "We're sorry" in a more appealing way.
Source: SocialMediaToday
Customer Reviews On Items Are Trusted Almost 12 Times More Than The Manufacturers' Descriptions
Word-of-mouth reviews are miles ahead of the producers' description. Individuals trust other peoples opinions before they ever trust what the manufacturer states. The reason, manufacturers' descriptions are generally ads.
Source: Martech Zone
Just 44 Percent Of Local Companies Have Claimed Their Google My Business Listing
That's 56 percent of your competitors that aren't benefiting from their listing.
While business listings on the major review platforms are complimentary, a surprisingly low number of businesses really make use of them.
Although we now understand why consumer reviews are so powerful, many businesses apparently do not.
Source: LsaInsider
73 Percent Of Consumers Think Consumer Reviews Are More Important Than Star And Number Ratings
Online review data make it clear individuals aren't satisfied with ratings alone.
Customer reviews make the statistics appear more authentic which is what the prospective consumers are looking for. Nearly a 3rd of consumers state written reviews are the only function that makes them believe the websites' reviews are helpful and appropriate.
Source: Fan and Fuel
Online Product Reviews About A Product Can Increase Its Conversion Rate By A Staggering 270%
User review stats show the purchase likelihood for a product with 5 reviews is 270 percent higher than the very same item without reviews.
Source: Spiegel Research Center
Because They Want To Acquire A Service Or An Item And Desire To Get The Truth About The Businesses Items And Services, 82 Percent Of Customers Check Out Review Websites.
Users come since they have already formed a buying decision. The majority of them (89 percent) buy within a week of their visit.
Source: RevLocal
USA Consumers View "Product Performance" To Be The Most Helpful Detail In Product Reviews
When individuals check out reviews, they concentrate on various aspects of the shopping experience. However according to online review stats, 60% of them are most interested in the item's performance.
Client satisfaction, product quality and quality in time are the next couple of factors to consider for more than 50% of US customers.
Source: Statista
49 Percent Of Customers Consider The Quantity Of Online Reviews As An Important Consideration Of Their Buying Decision
Consumers value not only the quality or nature of the reviews, but they consider their number and recency also.
The share of customers, who pay attention to the variety of reviews is presently at 46 percent.
Source: Brightlocal
If They Were Asked, 77% Of Consumers Would Likely Leave A Review
More than a 35% would do it to inform others about their consumer encounter and 24% would most likely direct their review to the company itself.
Over a 26% would be willing to give a review to help other people with their decision making process.
Source: Podium