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74% Of Local Companies Have At A Minimum, 1 Google Review
One review is far from sufficient to improve your website's SERP ranking.
Taking a look at online rankings stats, we learnt that a business requires to have a minimum of 40 reviews before customers "Award" it with a star.
Source: Brightlocal
Online Reviews Affect 67.7% Of Consumer 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
A One Star Boost In Ranking Can Cause A 5% To 9% Boost In Business Profits
Businesses that treat clients honorably typically prosper, review sites help make sure of that.
Source: Statuslabs
Clients Might Invest 31 Percent More With A Business That Has Fantastic Reviews
Take notice of this statistic. The more detailed other users describe your service or product, the more money you can charge and customer review statistics reveal to us precisely how much more.
Source: Martech Zone
49% Of Consumers Consider The Number Of Online Reviews As A Vital Factor In Their Buying Decision
Consumers value not only the quality or nature of the reviews, but they consider their number and recency too.
The share of clients, who focus on the number of reviews is presently at 46 percent.
Source: Brightlocal
83 Percent Of Clients Do Not Trust Advertising
The standard channels to reach customers aren't as prominent as they used to be. A lot of users who no longer trust ads choose to focus on clients' suggestions online.
Source: Statuslabs
88% Of Americans Declared That Product Reviews Were The Most Prominent Factor When Purchasing Home Electronics
Data reveal that reviews were more helpful than Television ads at 37%, social networks at 23% and display advertisements at 49%.
Source: Statista
15 Percent Of Buyers Don't Trust Businesses Without Online Reviews
No trust indicates no interactions. 15 percent of potential consumers will not even think about doing business with a company they can't discover viewpoints about.
Source: Statuslabs
77% Of Consumers Would Likely Leave A Review If They Were Asked
More than a 35% would do it to educate others about their consumer encounter and 24% would likely direct their review to the business itself.
Over a 26% would want to leave a review to help other individuals with their choice making process.
Source: Podium
98% Of Yelp's Site Visitors Purchased From A Business They Discovered On The Website
Typically, 142 million consumers check out Yelp on a monthly basis. This is as great a time as any if you haven't claimed your free Yelp business page.
Source: RevLocal
Software Reviews Influence Over 98% Of All Buyers
18% of software application purchasers consider reviews to be a vital factor in the purchase process. Software application reviews have no impact whatsoever on only 2 percent of consumers. Two thirds of them read more than six reviews to decide and 14% of them read more than 20 reviews.
Source: Capterra
Reviews Are The Third Most Prominent Ranking Aspect For Google's Local 3 Pack
Review signals (amount, variety, and so on) represent 15.44% of Google's algorithm for local ranking.
Google My Business signals, like distance and keywords account for 25.12%, and link signals at 16.53%, are more important than reviews as far as ranking elements go for the local 3 pack.
Source: Moz
If A Business Manages To Fix Issues Quickly And Effectively, 95% Of Dissatisfied Consumers Will Return To A Business
Consumers don't anticipate you to be perfect. They do anticipate you to take care of things when they go wrong. If there is absolutely nothing else a company can do to fix an issue, a simple coupon can say "We are sorry" in a more attractive way.
Source: SocialMediaToday
The Majority Of Local Businesses Have An Average Of 39 Google Reviews
People like to share their experience after they have visited a vendor. Online review trends show people choose to comment if they had a positive experience, instead of a average or negative one.
Source: Brightlocal