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

That's 56% of your competitors that aren't taking advantage of their listing.

While business listings on the significant review platforms are totally free, a surprisingly low number of businesses really use them.

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

Source: LsaInsider

Online Product Reviews About A Product Can Raise Its Conversion Rate By A Staggering 270 Percent

User review stats reveal the purchase likelihood for a product with five reviews is 270% higher than the same product without reviews.

Source: Spiegel Research Center

98% Of Yelp's Site Visitors Bought From A Business They Discovered On The Website

Typically, 142 million consumers visit Yelp monthly. This is as great a time as any if you have not declared your complimentary Yelp business page.

Source: RevLocal

61 Percent Of Regional Businesses Have A Typical Ranking Of 4 Or 5 Stars

Typically two-thirds of companies have great and awesome scores. Only 5% of businesses have a ranking listed below three stars.

Source: Brightlocal

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

Stats reveal that reviews were more effective than Television advertisements at 37%, social networks at 23% and display advertisements at 49%.

Source: Statista

15% Of Visitors Don't Trust Businesses Without Online Reviews

No trust means no interactions. 15% of potential consumers won't even think about working with a company they can't discover opinions about.

Source: Statuslabs

Majority Of Customers Will Not Use A Company If It Has Less Than A 4 Star Score

This stat is one of lots of that show the significance of online ratings. Now that news of client complete satisfaction travels this quick, keeping your customers pleased is more important than ever.

57 percent of customers have searched for companies with more than four stars in 2018, which is up from 48 percent in 2017.

11 percent looked just for services with a perfect five star rating.

Source: Brightlocal

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

More than a 35% would do it to inform others about their customer experience and 24% would probably direct their review to the company itself.

Over a 26% would be willing to submit a review to assist other individuals with their decision making process.

Source: Podium

Google Represents 57.5% Of All Reviews Worldwide

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

These are the online reviews distribution rankings:

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

Source: Review Trackers

Almost All Customers, Who Utilize Online Reviews, Read Them Early In The Buying Process

Let's say you want to buy a brand-new automobile and there are numerous models which fit your requirements. How do you choose the very best one for you? Well, you read the reviews.

With the help of other people, you manage to pick one that works for you. That's how positive reviews transform consumers into consumers.

Source: Consumer Affairs

Many Local Businesses Have An Average Of 39 Google Reviews

Individuals like to share their experience after they've gone to a vendor. Online review trends reveal individuals choose to comment if they had a favorable experience, instead of a mediocre or unfavorable one.

Source: Brightlocal

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

Facebook is presently the most popular social media which can also influence our purchasing preferences.

According to social reviews statistics, Facebook impacts over half of users' purchase decisions.

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

Source: RevLocal

Favorable Reviews Encourage 68 Percent Of Consumers To Choose Local Businesses

Considering that the large bulk of customers read reviews, you would want yours to be appealing to new consumers? Keep them short, positive and sweet.

"Kind words can be short and easy to speak, but their echos are truly endless." -Mother Teresa

Source: Brightlocal

72% Of Clients Will Not Take Action Before They Check Out Some Reviews

No matter how attractive your marketing is, you still require consumer reviews. There is no other way around it. Customers are still happy to hear you out, however they rely on other individuals more.

Source: My Testimonial Engine