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83% Of All Young People Were Invited To Give A Review Recently
Of those invited, 80% of clients did post a review. Overall, companies have asked 66% of all consumers to submit a review on their company.
Source: Brightlocal
98 Percent Of Yelp's Browsers Purchased From A Business They Found On The Site
Normally, 142 million consumers visit Yelp every month. This is as excellent a time as any if you haven't declared your free Yelp business page.
Source: RevLocal
A Solitary Business Review Can Raise Its Conversions By 10%
Online review stats reveal user-generated material can do miracles in terms of conversions.
A single review can have a massive influence on your business.
A hundred reviews can increase your conversion rates by as much as 37%. Two hundred can supply a mind-blowing 44 percent boost.
Source: RevLocal
88% Of Executives View Reputation Risk As A Leading Business Problem
Reputation management stats suggest a business's reputation doesn't impact just the consumers. Prospective employees also take a look at rankings and take a look at reviews.
Source: Deloitte
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 choose the best one for you? Well, you read online reviews.
With the help of other people, you manage to choose one that works for you. That's how positive reviews transform customers into clients.
Source: Consumer Affairs
89% Of Clients Want To Read Reviews On Their Mobile Devices
Be it by means of an app or a mobile web browser, customers prefer to read reviews on their smart phones.
Source: Statista
91 Percent Of Millennials Rely On Online Reviews As Much As Friends And Family
Online review stats position consumers' reviews as the most trustworthy source of suggestions. Online reviews normally bring the exact same weight as suggestions from family and friends.
Source: Brightlocal
49% Of Consumers Consider The Quantity Of Online Reviews As A Necessary Consideration Of Their Purchasing Decision
Customers value not only the quality or nature of the reviews, however they consider their number and recency as well.
The share of consumers, who take note of the number of reviews is presently at 46 percent.
Source: Brightlocal
More Than Four Negative Reviews About A Company Or Product Might Reduce Sales By 70 Percent
One negative review is enough for 35% of a website's visitors to decide not to purchase. Three negative reviews can cost a business 59 percent fewer sales.
Obviously, they can be compensated by the large 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
Customers Might Spend 31% More With A Business That Has Excellent Reviews
Take note of this fact. The better other users describe your service or product, the more cash you can charge and consumer review statistics show us precisely just how much more.
Source: Martech Zone
Just 44% Of Local Businesses Have Accepted Their Google My Business Listing
That's 56% of your competitors that aren't benefiting from their listing.
While business listings on the significant review platforms are complimentary, a remarkably low number of businesses really utilize them.
Although we now know why customer reviews are so effective, many businesses apparently don't.
Source: LsaInsider
83% Of Consumers Don't Trust Advertising
The traditional channels to reach consumers aren't as prominent as they utilized to be. The majority of users who no longer trust advertisements choose to pay attention to consumers' suggestions online.
Source: Statuslabs
Over Half Of Shoppers Aged 25-34 Posted Reviews
According to Statista, the younger generations are evidently the more opinionated ones.
Source: Statista
Online Reviews Impact 67.7% Of Customer Purchasing Decisions
More than two thirds of consumers concur online reviews are either a "Fairly decisive", "Very decisive", or "Absolutely decisive" part of their decision making process.
Source: Moz