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61 Percent Of Local Businesses Have An Average Ranking Of 4 To 5 Stars
Generally two-thirds of companies have excellent and awesome scores. Just 5% of companies have a ranking below 3 stars.
Source: Brightlocal
Consumers Could Spend 31% More With A Business That Has Great Reviews
Pay attention to this fact. The better other users explain your product and services, the more money you can charge and consumer review stats show us exactly just how much more.
Source: Martech Zone
74 Percent Of Regional Businesses Have At Least 1 Google Review
One review is far from sufficient to improve your site's SERP ranking.
Looking at online scores stats, we discovered that a company needs to have a minimum of 40 reviews before clients "Award" it with a star.
Source: Brightlocal
77% Of Customers Would Likely Post A Review If They Were Asked
More than a 35% would post a review to inform others about their customer experience and 24% would most likely direct their review to the business itself.
Over a 26% would want to give a review to assist other people with their decision making process.
Source: Podium
82 Percent Of Customers Visit Review Websites Because They Want To Buy A Service Or A Product And Wish To Get The Truth About The Businesses Services And Products.
Review sites are locations that people go to get the truth about a business, product and services . Users come since they have actually already formed a buying decision. The bulk of them (89 percent) purchase within a week of their visit. And 29% do so in 24 hours.
Source: RevLocal
Online Reviews Impact 67.7% Of Customer Buying Decisions
More than two thirds of customers agree online reviews are either a "Fairly decisive", "Very decisive", or "Absolutely decisive" part of their decision making process.
Source: Moz
70 Percent Of Consumers Need To Check Out At Least 4 Reviews Before They Can Trust A Business
4 reviews may be too few. The majority of people read much more reviews to get a clear view of how business is actually doing. Do not depend on that statistic alone.
Source: Brightlocal
88% Of Americans Stated That Product Reviews Were The Most Prominent Factor When Purchasing Home Electronic Devices
Data reveal that reviews were more beneficial than TV advertisements at 37%, social media at 23% and display ads at 49%.
Source: Statista
Reviews Posted On Twitter Can Increase Sales By 6.46 Percent
Online review statistics show that reviews shared on Twitter, do more to boost sales than those on any other social media platform.
Source: Yotpo
63.6 Percent Of Customers Go To Google To Look For Reviews Of A Business
Thinking about the last statistic, it comes as a surprise that Yelp (45%) and TripAdvisor (30%) come second and third, leaving Facebook (23%) behind.
These online review statistics show the basic appeal of a website can only presume when it comes to trust.
Source: Review Trackers
Almost All Customers, Who Use Online Reviews, Read Them Early On In The Purchasing Process
Let's say you wish to purchase a new car and there are several models which fit your criteria. How do you select the very best one for you? Well, you read reviews.
With the help of other customers, you quickly pick one that works for you. That's how favorable reviews convert consumers into consumers.
Source: Consumer Affairs