Half Of All Of The Millennial's "Constantly" Read Online Reviews For Companies

More youthful individuals understand the value of being informed. User-generated content has an indisputable effect on consumers.

If businesses stop to consider the power of client 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 check out reviews.

Source: Brightlocal

70% Of Consumers Choose To Find Out About A Business Via Reviews And Short Articles, Rather Than Ads

Advertisements are all well and good, but it's worth trying a different approach also. Reviews are without a doubt the very best method to find the truth about a service or product.

Source: Statuslabs

74% Of Local Businesses Have At A Minimum, One Google Review

One review is far from sufficient to enhance your website's SERP ranking.

Taking a look at online ratings statistics, we found out that a business requires to have approximately 40 reviews before buyers "Award" it with a star.

Source: Brightlocal

Google Accounts For 57.5 Percent Of All Reviews Around The World

Google is in the lead here, followed by Facebook as a remote second.

These are the online reviews distribution rankings:

Google with 57.5%, Facebook with 19%, TripAdvisor at 8.4%, Yelp at 6.6% and Others with 8.6%.

Source: Review Trackers

If They Were Asked, 77% Of Consumers Would Undoubtedly Post A Review

More than a 35% would do it to notify others about their client encounter and 24% would likely direct their review to the company itself.

Over a 26% would be willing to leave a review to help other people with their choice making process.

Source: Podium

15 Percent Of Users Don't Trust Businesses With No Online Reviews

No trust means no interactions. 15 percent of potential consumers won't even consider working with a business they can't discover viewpoints about.

Source: Statuslabs

98% Of Yelp's Site Visitors Purchased From A Business They Found On The Website

Typically, 142 million consumers check out Yelp every month. If you have not declared your free Yelp business page, this is as excellent a time as any.

Source: RevLocal

Online Item Reviews About A Product Can Improve Its Conversion Rate By More Than 270%

User review stats show the purchase possibility for an item with five reviews is 270 percent higher than the exact same product without reviews.

Source: Spiegel Research Center

Just 6 Percent Of Consumers Do Not Rely On Client Reviews At All

According to client review statistics, a massive 19% of customers always rely on online reviews and never ever a make a purchase without reading reviews.

Source: Statista

86 Percent Of Customers Would Think About Composing A Review For A Business

Your customers are your most important resource, and it's not only because of the cash they spend at your business. If you provide a good experience, they will want to share it.

Source: Brightlocal

49% Of Customers Consider The Quantity Of Online Reviews As An Important Factor In Their Purchasing Decision

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

The share of consumers, who focus on the number of reviews is currently at 46 percent.

Source: Brightlocal

More Than Four Negative Reviews About A Business Or Service Might Decrease Sales By 70 Percent

One negative review suffices for 35 percent of a website's visitors to choose not to buy. 3 negative reviews can cost a business 59 percent less sales.

Of course, they can be compensated by the large 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