86 Percent Of Consumers Would Think About Composing A Review For A Business

Your customers are your most valuable resource, and it's not only because of the cash they invest at your business. They will be prepared to share it if you offer them a great experience.

Source: Brightlocal

88% Of Executives Judge Reputation Risk As A Top Business Problem

Reputation management stats show a business's reputation doesn't affect just the clients. Potential employees likewise take a look at ratings and take a look at reviews.

Source: Deloitte

15 Percent Of Consumers Don't Trust Businesses With No Online Reviews

No trust means no interactions. 15 percent of prospective customers won't even think about doing business with a business they can't discover opinions about.

Source: Statuslabs

72% Of Clients Will Not Take Action Unless They Read Some Reviews

Irrespective of how tempting your marketing is, you still need customer reviews. There's no skirting around it. Customers are still willing to hear you out, however they trust other people more.

Source: My Testimonial Engine

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

Online review stats reveal that 63% of consumer reviews remain without a response. That's too bad, due to the fact that those companies are losing customers that way.

Source: Review Trackers

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

Generally, 142 million consumers visit Yelp on a monthly basis. This is as great a time as any if you have not claimed your totally free Yelp business page.

Source: RevLocal

Since They Desire To Buy A Service Or An Item And Want To Get The Truth About The Businesses Products And Services, 82% Of Consumers Visit Review Websites.

Users come due to the fact that they have currently formed a purchase decision. The majority of them (89%) buy within a week of their visit.

Source: RevLocal

60% Of Consumers Consult Blog And Social Media Reviews On Their Mobile Phones Prior To Shopping

In-store shopping is influenced significantly by blogs and reviews on social media. With men being two times as likely to be affected than ladies.

Reviews and rating statistics show people value the viewpoint of peers more than any other material.

Source: Collective Bias

Google Represents 57.5 Percent Of All Reviews World Wide

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

Here's the online reviews circulation rankings:

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

Source: Review Trackers

The Majority Of Best Selling Products Have An Average Rating Of 4.2 To 4.7

You can't make everyone pleased, which is why perfect 5 star rankings are suspicious. Somebody always has a bit of a gripe. That's why it is unnatural to get perfect 5 star scores. Sometimes a lower rating really helps your overall rating.

According to consumer rating statistics, conversion rates start to reduce as scores rise above 4.7.

Source: Spiegel Research Center

67% Of Customers Say Reviews Are A "Extremely Important" Factor When Selecting A Service Provider

When customers have to pick a service provider, reviews have a massive influence on their decision.

Source: DemandGenReport

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

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

While business listings on the major review platforms are free, a surprisingly low number of businesses in fact utilize them.

Although we now know why customer reviews are so powerful, many businesses obviously do not.

Source: LsaInsider

83 Percent Of Customers Don't Trust Advertising

The traditional channels to reach customers aren't as prominent as they utilized to be. Many users who no longer trust ads pick to pay attention to clients' suggestions online.

Source: Statuslabs