A Single Business Review Can Lift Its Conversions By 10%

Online review statistics reveal user-generated content can do wonders in terms of 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 percent. 2 hundred can supply a mind-blowing 44 percent boost.

Source: RevLocal

64 Percent Of Americans Agree That User-generated Content (client Reviews) Enhanced Their Shopping Experience In 2017

30 percent of customers who check out client reviews, concur that it increases their purchasing confidence.

Businesses utilize the reviews to improve their services and products.

"We all need people who will give us feedback. That's how we improve." -Bill Gates

Source: Statista

83 Percent Of Clients Don't Rely On Advertising

The standard channels to reach consumers aren't as prominent as they used to be. A lot of users who no longer trust ads choose to take note of consumers' suggestions online.

Source: Statuslabs

30% Of Consumers Feel Positive About A Company Which Responds To Online Reviews

Communicating with your customers builds their trust. Even something like reacting to their comments and reviews can make them feel appreciated.

As you might expect, clients who feel this way are ready to spend more money with a business.

Source: Statuslabs

If It Has Less Than A 4 Star Score, More Than Half Of Customers Won't Utilize A Service

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

57 percent of consumers have actually searched for companies with more than four stars in 2018, which is up from 48 percent in 2017.

11% looked only for businesses with an ideal five star rating.

Source: Brightlocal

95% Of Travelers Read Online Reviews Prior To Scheduling Travel Related Services

Leisure and business tourists alike check out reviews to form a viewpoint. Business tourists read approximately 5 reviews vs. 6-7 for leisure travelers. 59percent of all travelers report that they check out reviews 'always' or 'really often'.

Source: Trust You

72 Percent Of Customers Won't Take Action Before They Check Out Some Reviews

Regardless of how alluring your marketing is, you still need customer reviews. There is no way around it. Customers are still happy to hear you out, however they trust other people more.

Source: My Testimonial Engine

91% Of Millennials Turn To Online Reviews As Much As Friends And Family

Online review statistics put clients' reviews as the most credible source of recommendations. Online reviews normally carry the very same weight as advice from friends and family.

Source: Brightlocal

One-half Of All Of The Millennial's "Constantly" Read Online Reviews For Businesses

Younger people understand the value of being informed. User-generated content has an indisputable impact on customers.

If businesses think of the power of client reviews over millennials, they will recognize what they've been missing out on. Older people are various though, just 6% of people aged 55 or older check out reviews.

Source: Brightlocal

Reviews Are The 3rd Most Prominent Ranking Aspect For Google's Local 3 Pack

Review signals (quantity, diversity, etc.) represent 15.44% of Google's algorithm for local ranking.

Only Google My Business signals, like proximity and keywords account for 25.12%, and link signals at 16.53%, are more vital than reviews as far as ranking aspects go for the local 3 pack.

Source: Moz

Almost All Customers, Who Utilize Online Reviews, Read Them Early On In The Buying Process

Let's say you wish to buy a brand-new automobile and there are several models which fit your requirements. How do you choose the very best one for you? Well, you read reviews.

With the help of other customers, you quickly pick one that works for you. That's how positive reviews convert customers into clients.

Source: Consumer Affairs

Just 44% Of Local Companies Have Actually Accepted Their Google My Business Listing

That's 56 percent of your competitors that aren't making the most of their listing.

While business listings on the major review platforms are complimentary, a surprisingly low number of companies really use them.

Although we now know why customer reviews are so effective, the majority of businesses apparently don't.

Source: LsaInsider

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

One negative review suffices for 35% of a site's visitors to decide not to buy. 3 negative reviews can cost a business 59 percent fewer sales.

Obviously, they can be compensated by the large number of positive reviews you get.

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

Source: Martech Zone

49 Percent Of Customers Consider The Quantity Of Online Reviews As An Essential Factor In Their Buying Decision

Customers value not only the quality or nature of the reviews, but they consider their number and recency too.

The share of customers, who focus on the variety of reviews is currently at 46 percent.

Source: Brightlocal