91% Of Businesses Think The Business's Star Rating Can Determine Whether They Win Or Lose A Possible Team Member

The 86% of businesses doubt the integrity of online reviews. Nonetheless, they realize the massive impact user ratings have on their business. Unfavorable client or employee reviews can affect 90% of job seekers.

Source: Career Arc

Only 44 Percent Of Local Businesses Have Claimed Their Google My Business Listing

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

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

Although we now understand why customer reviews are so effective, many businesses obviously don't.

Source: LsaInsider

A Single Business Review Can Raise Its Conversions By 10%

Online review statistics show user-generated material can do wonders in terms of conversions.

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

A hundred reviews can raise your conversion rates by as much as 37%. 2 hundred can provide a mind-blowing 44% boost.

Source: RevLocal

The Majority Of Best Selling Products Have An Average Rating Of 4.2 To 4.7

You can't make everybody delighted, which is why perfect 5 star rankings are suspicious. Somebody always has a bit of a gripe. That's why it is unnatural to get perfect 5 star scores. Sometimes a lower score in fact helps your overall rating.

According to customer rating stats, conversion rates start to reduce as scores rise above 4.7.

Source: Spiegel Research Center

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

Mobile users choose to get things done faster. Therefore, purchasing choices are made rapidly.

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

Source: Martech Zone

91% Of Millennials Turn To Online Reviews As Much As Loved Ones

Online review statistics position clients' reviews as the most reliable source of suggestions. Online reviews normally bring the same weight as suggestions from family and friends.

Source: Brightlocal

82% Of Customers Go To Review Sites Due To The Fact That They Want To Acquire A Product Or A Service And Wish To Get The Truth About Business Product Or Services.

Review sites are places that people go to get the truth about a item, business or service . Users come since they have currently formed a buying decision. The majority of them (89%) purchase within a week of their visit. And 29 percent do so in 24 hours.

Source: RevLocal

Many Local Companies Have Approximately 39 Google Reviews

Individuals like to share their experience after they have gone to a vendor. Online review trends show people choose to comment if they had a favorable experience, instead of a mediocre or negative one.

Source: Brightlocal

More Than Half Of Consumers Won't Utilize A Service If It Has Less Than A 4 Star Rating

This stat is among many that show the importance of online rankings. Now that news of client fulfillment travels this fast, keeping your customers happy is more important than ever.

57% of consumers have actually looked for business with more than 4 stars in 2018, which is up from 48% in 2017.

Additionally, 11 percent looked only for businesses with a perfect five star ranking.

Source: Brightlocal

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

Take note of this fact. The better other users explain your service or product, the more money you can charge and customer review statistics show us exactly how much more.

Source: Martech Zone

70% Of Customers Choose To Discover A Business Through Reviews And Posts, Rather Than Advertisements

Advertisements are all well and good, however it's worth attempting a different approach as well. Reviews are by far the best way to find the truth about a product or service.

Source: Statuslabs

53% Of Customers Expect Companies To Respond Within A Week To Unfavorable Reviews

Online review statistics clarify that 63% of client reviews remain without a reaction. That's too bad, because those companies are losing consumers that way.

Source: Review Trackers

61 Percent Of Local Businesses Have A Typical Ranking Of 4 To 5 Stars

Overall two-thirds of companies have outstanding and awesome rankings. Only 5% of businesses have a ranking listed below three stars.

Source: Brightlocal

A One Star Increase In Rating Can Cause A 5% To 9% Increase In Business Income

Businesses that treat clients fairly generally prosper, review websites help make sure of that.

Source: Statuslabs