74 Percent Of Regional Companies Have At Least 1 Google Review

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

Taking a look at online scores data, we found out that a business needs to have at least 40 reviews before users "Award" it with a star.

Source: Brightlocal

53% Of Consumers Expect Businesses To Respond Within A Week To Negative Reviews

Online review stats show that 63% of customer reviews stay without a response. That's regrettable, since those businesses are losing consumers that way.

Source: Review Trackers

91% Of Millennials Have Confidence In Online Reviews As Much As Family And Friends

Online review stats put customers' reviews as the most trustworthy source of recommendations. Online reviews normally bring the exact same weight as suggestions from family and friends.

Source: Brightlocal

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

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

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

Source: Moz

15 Percent Of Buyers Do Not Trust Businesses Without Having Online Reviews

No trust implies no interactions. 15% of potential clients will not even consider working with a company they can't discover viewpoints about.

Source: Statuslabs

Facebook Reviews Impact More Than 50% Of Consumers' Purchasing Decisions

Facebook is currently the most popular social network which can also influence our purchasing decisions.

According to social reviews stats, Facebook affects more than half of users' purchase choices.

Facebook reviews statistics expose that 4 out of five users are most likely to rely on a local business if it has favorable reviews.

Source: RevLocal

89% Of Consumers Want To Read Reviews On Their Smart Devices

Be it via an app or a mobile browser, clients choose to read reviews on their smart phones.

Source: Statista

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

Normally, 142 million consumers go to Yelp every month. If you haven't claimed your free Yelp business page, this is as excellent a time as any.

Source: RevLocal

49 Percent Of Customers Consider The Number Of Online Reviews As An Essential Factor In Their Purchasing Decision

Consumers value not only the quality or nature of the reviews, however they consider their quantity and recency too.

The share of consumers, who take notice of the variety of reviews is currently at 46%.

Source: Brightlocal

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

One negative review suffices for 35 percent 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 get.

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

Source: Martech Zone

A Single Business Review Can Lift Its Conversions By 10 Percent

Online review stats show user-generated content can do wonders in regards to conversions.

A single review can have an enormous impact on your business.

A hundred reviews can boost your conversion rates by as much as 37%. Two hundred can offer an astonishing 44% increase.

Source: RevLocal

90 Percent Of Consumers Need Less Than 10 Reviews To Form An Opinion About A Business

You understand what individuals say about first impressions?

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

Consider asking your visitors to write one if you do not have reviews on your site.

Source: Martech Zone

61 Percent Of Local Businesses Have A Typical Rating Of 4 To 5 Stars

Typically two-thirds of companies have good and outstanding scores. Just 5% of companies have a ranking below 3 stars.

Source: Brightlocal

United States Buyers View "Product Performance" To Be The Most Helpful Detail In Product Reviews

They focus on various elements of the shopping experience when people check out reviews. But according to online review statistics, 60% of them are most thinking about the product's performance.

Customer satisfaction, product quality and quality with time are the next few considerations for more than 50% of US consumers.

Source: Statista

Customers Might Spend 31% More With A Business That Has Excellent Reviews

Pay attention to this statistic. The more detailed other users explain your services or product, the more cash you can charge and customer review statistics show us exactly how much more.

Source: Martech Zone

Software Reviews Influence Over 98% Of All Buyers

18 percent of software application buyers consider reviews to be a necessary factor in the purchase process. Software application reviews have no impact whatsoever on only 2% of customers. Two thirds of them read more than six reviews to make up their mind and 14 percent of them read more than 20 reviews.

Source: Capterra

Unfavorable Reviews Can Boost Conversion By As Much As 85%

It sounds crazy, but negative reviews can be a positive force for users to devote more time on your website. According to online review statistics, individuals devote more than five times as long on a website when they read negative reviews.

More than two thirds of users trust reviews more when there are a mix of negatives and positives. A frustrating 95% suspect censorship or fabricated reviews if there aren't any negative ones.

Source: Reevoo

83% Of Consumers Don't Trust Advertising

The traditional channels to reach consumers aren't as influential as they utilized to be. The majority of users who no longer trust advertisements choose to pay attention to customers' recommendations online.

Source: Statuslabs