88% Of Executives Judge Reputation Risk As A Top Business Problem

Reputation management statistics indicate a company's reputation does not impact simply the clients. Prospective team members also take a look at rankings and take a look at reviews.

Source: Deloitte

15% Of Clients Do Not Trust Businesses Without Online Reviews

No trust implies no interactions. 15 percent of prospective clients will not even think about working with a business they can't find viewpoints about.

Source: Statuslabs

More Than 4 Negative Reviews About A Company Or Service May Decrease Sales By 70%

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

Obviously, they can be compensated by the sheer variety of positive reviews you receive.

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

Source: Martech Zone

Reviews Posted On Twitter Can Improve Revenues By 6.46 Percent

Online review statistics show that reviews shared on Twitter, do more to grow sales than those on any other social media platform.

Source: Yotpo

67% Of Consumers Claim That Reviews Are A "Very Important" Factor When Selecting A Service Provider

When consumers need to select a solution provider, reviews have a huge influence on their decision.

Source: DemandGenReport

53% Of Consumers Expect Companies To Answer Back Within A Week To Unfavorable Reviews

Online review stats prove that 63% of consumer reviews remain without a reaction. That's regrettable, since those businesses are losing clients that way.

Source: Review Trackers

49 Percent Of Customers Consider The Quantity Of Online Reviews As A Necessary Consideration Of Their Buying Decision

Consumers value not only the quality or nature of the reviews, but they consider their number and recency as well.

The share of clients, who take note of the number of reviews is currently at 46 percent.

Source: Brightlocal

Customer Reviews On Products Are Relied On Nearly 12 Times More Than The Makers' Descriptions

Word-of-mouth reviews are miles ahead of the producers' description. People trust other peoples viewpoints before they ever trust what the manufacturer states. The reason, producers' descriptions are basically advertisements.

Source: Martech Zone

90% Of Visitors Need Less Than 10 Reviews To Form A Viewpoint About A Business

You understand what people state about impressions, right?

Users get their first impression of your businesses through reviews. Typically through less than 10 of them.

If you do not have reviews on your website, think about asking your visitors to compose one.

Source: Martech Zone

A Solitary Business Review Can Lift Its Conversions By 10 Percent

Online review statistics show user-generated content can do miracles in terms of conversions.

A single review can have a massive influence on your business.

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

Source: RevLocal

Just 6 Percent Of Consumers Do Not Trust Customer Reviews At All

According to consumer review statistics, a tremendous 19% of customers always rely on online reviews and never a make a purchase without checking out reviews initially.

Source: Statista

91 Percent Of Millennials Depend On Online Reviews As Much As Loved Ones

Online review stats place consumers' reviews as the most credible source of suggestions. Online reviews generally carry the very same weight as guidance from loved ones.

Source: Brightlocal

89% Of Consumers Read A Companies Replies To Reviews

Not only do most shoppers read the review replies, 30% of them hold them in high regard. Almost 96% read the responses to their own reviews.

Source: Brightlocal