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67% Of Customers Admit Reviews Are A "Extremely Crucial" Factor When Picking A Solution Provider
When clients need to pick a solution provider, reviews have a huge influence on their decision.
Source: DemandGenReport
Online Item Reviews About An Item Can Boost Its Conversion Rate By A Staggering 270 Percent
User review stats reveal the purchase probability for an item with five reviews is 270 percent higher than the same item without reviews.
Source: Spiegel Research Center
61 Percent Of Regional Businesses Have An Average Score Of 4 To 5 Stars
Typically two-thirds of companies have great and exceptional rankings. Only 5% of companies have a ranking below 3 stars.
Source: Brightlocal
Google Represents 57.5 Percent Of All Reviews Around The World
Google is in the lead here, followed by Facebook as a far-off second.
These the online reviews circulation rankings:
Google at 57.5%, Facebook at 19%, TripAdvisor with 8.4%, Yelp with 6.6% and Others with 8.6%.
Source: Review Trackers
Only 6 Percent Of Customers Don't Rely On Consumer Reviews At All
According to consumer review statistics, a tremendous 19% of customers constantly rely on online reviews and never a make a purchase without checking out reviews.
Source: Statista
Only 44 Percent Of Local Businesses Have Actually Claimed Their Google My Business Listing
That's 56% of your competition 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 actually make use of them.
Although we now understand why customer reviews are so powerful, the majority of businesses apparently do not.
Source: LsaInsider
Facebook Reviews Affect More Than 50 Percent Of Customers' Buying Decisions
Facebook is presently the most popular social network which can also influence our buying decisions.
According to social media reviews data, Facebook affects over half of users' purchase decisions.
If it has favorable reviews, Facebook reviews statistics expose that 4 out of 5 users are most likely to rely on a local business.
Source: RevLocal
Many Popular Items Have An Average Ranking Of 4.2 To 4.7
You can't make everyone happy, which is why perfect 5 star rankings are suspicious. That's why it is unnatural to get perfect 5 star ratings.
According to client rating statistics, conversion rates begin to reduce as rankings rise above 4.7.
Source: Spiegel Research Center
88% Of Executives Judge Reputation Risk As A Leading Business Concern
Reputation management stats suggest a business's reputation does not affect just the clients. Prospective employees also look at scores and read reviews.
Source: Deloitte
A One Star Increase In Rating Can Lead To A 5% To 9% Boost In Business Income
Businesses that treat customers honorably usually prosper, review websites help ensure of that.
Source: Statuslabs
Half Of All Millennial's "Always" Check Out Online Reviews For Businesses
Younger individuals understand the value of being informed. User-generated content has an indisputable impact on consumers.
They will understand what they've been missing out on if businesses stop to think about the power of consumer reviews over millennials. Older individuals are various though, just 6% of individuals aged 55 or older read reviews.
Source: Brightlocal