One-half Of All Millennial's "Always" Check Out Online Reviews For Businesses

More youthful individuals know the value of being informed. User-generated content has an indisputable impact on customers.

If businesses stop to consider the power of consumer reviews over millennials, they will recognize what they've been losing out on. Older people are various though, only 6% of people aged 55 or older read reviews.

Source: Brightlocal

88% Of Executives Regard Reputation Risk As A Top Business Concern

Reputation management statistics show a company's reputation does not affect just the customers. Potential employees also look at rankings and take a look at reviews.

Source: Deloitte

Reviews Are The Third Most Prominent Ranking Element For Google's Local 3 Pack

Review signals (amount, variety, and so on) represent 15.44% of Google's algorithm for local ranking.

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

Source: Moz

63.6% Of Customers Go To Google To Check For Reviews Of A Business

Considering the last stat, it comes as a surprise that Yelp (45%) and TripAdvisor (30%) come second and 3rd, leaving Facebook (23%) at the end.

When it comes to trust, these online review statistics reveal the basic popularity of a website can just go so far.

Source: Review Trackers

88% Of Americans Reported That Product Reviews Were The Most Influential Factor When Purchasing Home Electronics

Data reveal that reviews were more helpful than TV advertisements at 37%, social media at 23% and display ads at 49%.

Source: Statista

Just 44 Percent 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 significant review platforms are totally free, a surprisingly low number of companies actually use them.

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

Source: LsaInsider

90% Of Consumers Require Less Than 10 Reviews To Form A Viewpoint About A Business

You know what people state about impressions, right?

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

If you do not have reviews on your site, consider asking your visitors to write one.

Source: Martech Zone

30% Of Clients Feel Positive About A Business Which Answers Online Reviews

Communicating with your consumers builds their trust. Even something easy like reacting to their remarks and reviews can make them feel valued.

As you might anticipate, clients who feel this way are more willing to spend more money with a company.

Source: Statuslabs

67% Of Customers Say Reviews Are A "Extremely Important" Factor When Choosing A Service Provider

When clients have to choose a solution provider, reviews have an enormous influence on their decision.

Source: DemandGenReport

Software Reviews Influence Over 98 Percent Of All Buyers

18 percent of software buyers consider reviews to be an important factor in the purchase procedure. Software reviews have no effect whatsoever on only 2 percent of customers. Two-thirds of them read more than 6 reviews to make up their mind and 14 percent of them read more than 20 reviews.

Source: Capterra

77% Of Clients Don't Trust Reviews That Are Older Than Three Months

Consumers don't care how great your service or product was in the past. Because they are relevant and fresh, is part of why online reviews matter.

Customers know businesses lose their touch all the time, which is why the majority of them regard older reviews irrelevant.

It is for this reason that businesses should to be constantly requesting reviews.

Source: Statuslabs

83% Of All Young Consumers Were Asked To Leave A Review Recently

Of those asked, 80% of consumers did leave a review. Overall, businesses have asked 66% of all consumers to give a review on their business.

Source: Brightlocal

86% Of Consumers Would Think About Composing A Review For A Business

Your clients are your most valuable resource, and it's not only because of the cash they invest at your business. If you give them a great experience, they will be willing to share it.

Source: Brightlocal

77% Of Consumers Would Submit A Review If They Were Asked

More than a 35% would submit a review to educate others about their customer encounter and 24% would most likely direct their review to the business itself.

Over a 26% would want to submit a review to assist other people with their choice making process.

Source: Podium

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

Users come because they have actually already formed a buying decision. The majority of them (89 percent) buy within a week of their visit.

Source: RevLocal

61 Percent Of Local Businesses Have An Average Score Of 4 Or 5 Stars

Generally two thirds of companies have exceptional and awesome rankings. Just 5% of companies have a score listed below 3 stars.

Source: Brightlocal

The Typical Review Length Has Gotten 65% Much Shorter Since 2010

At the present time reviews are much shorter, easier, and more straight to the point. The word count of a review in 2019 is typical to that of a tweet.

Source: Review Trackers

70 Percent Of Consumers Choose To Learn About A Business Through Short Articles And Reviews, Instead Of Advertisements

Ads are all well and good, but it deserves attempting a different approach also. Reviews are without a doubt the best way to find the truth about a product or service.

Source: Statuslabs