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

That's 56 percent of your competition that aren't benefiting from their listing.

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

Although we now know why consumer reviews are so powerful, most businesses apparently don't.

Source: LsaInsider

Facebook Reviews Affect More Than 50% Of Customers' Buying Decisions

Facebook is currently the most popular social media which can also influence our buying decisions.

According to social media reviews stats, Facebook impacts over half of users' purchase choices.

Facebook reviews stats reveal that four out of 5 users are most likely to trust a local business if it has favorable reviews.

Source: RevLocal

82% Of Customers Check Out Review Sites Since They Wish To Acquire A Service Or A Product And Want To Get The Facts About The Businesses Services And Products.

Review sites are locations that customers go to get the facts about a product, business or service . Users come due to the fact that they have currently formed a purchase decision. The majority of them (89%) buy within a week of their visit. And 29% do so in 24 hours.

Source: RevLocal

67% Of Consumers Report Reviews Are A "Very Important" Factor When Selecting A Solution Provider

Reviews have a huge impact on their decision when consumers have to choose a service provider.

Source: DemandGenReport

The Majority Of Consumers Aged 25 To 34 Gave Reviews

According to Statista, the younger generations are unsurprisingly the more vocal ones.

Source: Statista

Many Best-selling Items Have A Typical Ranking Of 4.2 To 4.7

You can't make everyone pleased, which is why perfect 5 star ratings are suspicious. Somebody always has a little a gripe. That's why it is unnatural to get perfect 5 star rankings. In some cases a lower score in fact helps your overall rating.

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

Source: Spiegel Research Center

Online Item Reviews About An Item Can Amplify Its Conversion Rate By More Than 270%

User review statistics reveal the purchase probability for an item with 5 reviews is 270% higher than the same product without reviews.

Source: Spiegel Research Center

Online Reviews Impact 67.7% Of Consumer Purchasing Decisions

More than two-thirds of consumers agree online reviews are either a "Fairly decisive", "Very decisive", or "Absolutely decisive" part of their decision making process.

Source: Moz

USA Shoppers View "Product Performance" To Be The Most Helpful Info In Product Reviews

When people check out reviews, they focus on different elements of the shopping experience. But according to online review stats, 60% of them are most interested in the product's performance.

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

Source: Statista

If It Has Unfavorable Reviews As Well, 52% Of Customers Trust A Product More

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

Source: Capterra

91 Percent Of Millennials Depend On Online Reviews As Much As Family And Friends

Online review statistics place consumers' reviews as the most trustworthy source of suggestions. Online reviews typically carry the exact same weight as advice from friends and family.

Source: Brightlocal

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

30 percent of customers who read consumer reviews, agree that it increases their purchasing confidence.

Companies utilize the reviews to improve their products and services.

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

Source: Statista

83 Percent Of Customers Do Not Trust Advertising

The standard channels to reach customers aren't as influential as they used to be. A lot of users who no longer trust advertisements select to focus on clients' recommendations online.

Source: Statuslabs

98 Percent Of Yelp's Browsers Bought From A Business They Found On The Site

Normally, 142 million consumers visit Yelp each month. If you have not declared your complimentary Yelp business page, this is as good a time as any.

Source: RevLocal

72 Percent Of Customers Won't Take Action Unless They Read Some Reviews

Irrespective of how alluring your marketing is, you still need client reviews. There is no way around it. Customers are still going to hear you out, but they rely on other individuals more.

Source: My Testimonial Engine

86 Percent Of Consumers Would Consider Writing A Review For A Business

Your consumers are your most valuable resource, and it's not just because of the cash they invest at your business. They will be ready to share it if you provide them a great experience.

Source: Brightlocal