Majority Of Consumers Won't Utilize A Business If It Has Less Than A 4 Star Score

This stat is among lots of that highlight the value of online rankings. Now that news of consumer fulfillment travels this fast, keeping your customers pleased is more vital than ever.

57 percent of customers have actually searched for companies with more than 4 stars in 2018, which is up from 48% in 2017.

11% looked just for services with a perfect five star score.

Source: Brightlocal

91% Of Businesses Believe The Company's Star Rating Can Determine Whether They Win Or Lose A Prospective Team Member

The 86% of businesses question the integrity of online reviews. Nevertheless, they understand the huge impact user scores have on their business. Unfavorable consumer or employee reviews can influence 90% of job seekers.

Source: Career Arc

Online Product Reviews About A Product Can Improve Its Conversion Rate By An Incredible 270 Percent

User review statistics reveal the purchase possibility for an item with 5 reviews is 270 percent higher than the same product without reviews.

Source: Spiegel Research Center

70% Of Consumers Need To Read A Minimum Of Four Reviews Before They Can Trust A Business

Four reviews may be too few. The majority of people check out many more reviews to get a clear view of how business is really doing. Do not depend on that figure alone.

Source: Brightlocal

Reviews Published On Twitter Can Help Boost Online Sales By 6.46%

Online review statistics show that reviews shared on Twitter, do more to increase sales than those on any other social network.

Source: Yotpo

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

Online review stats put clients' reviews as the most reliable source of suggestions. Online reviews generally carry the same weight as suggestions from family and friends.

Source: Brightlocal

53% Of Customers Anticipate Companies To Answer Back Within A Week To Unfavorable Reviews

Online review statistics clarify that 63% of customer reviews stay without a response. That's too bad, due to the fact that those businesses are losing customers that way.

Source: Review Trackers

83% Of All Young Clients Were Asked To Post A Review Recently

Of those asked, 80% of customers did give a review. In general, companies have actually asked 66% of all clients to submit a review on their business.

Source: Brightlocal

89% Of Shoppers Choose To Read Reviews On Their Mobile Phones

Be it via an app or a mobile internet browser, folks prefer to read reviews on their smart phones.

Source: Statista

More Than 4 Negative Reviews About A Company Or Product May Decrease Sales By 70%

One negative review suffices for 35 percent of a site's visitors to decide not to buy. 3 negative reviews can cost a business 59% less sales.

Of course, they can be compensated by the large variety of positive reviews you receive.

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

Source: Martech Zone

Positive Reviews Motivate 68 Percent Of Consumers To Use A Local Business

Considering that the huge majority of customers check out reviews, you would want yours to be appealing to new consumers, right? Keep them short, sweet and positive.

"Kind words can be short and easy to speak, but their echos are truly endless." -Mother Teresa

Source: Brightlocal

A Lone Business Review Can Raise Its Conversions By 10 Percent

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

A single review can have a substantial impact on your business.

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

Source: RevLocal

Google Represents 57.5 Percent Of All Reviews World-wide

As can be expected, Google is in the lead, followed by Facebook, TripAdvisor and others.

These are the online reviews circulation rankings:

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

Source: Review Trackers

30% Of Customers Feel Positive About A Business Which Responds To Online Reviews

Communicating with your clients builds their trust. Even something easy like reacting to their reviews and remarks can make them feel valued.

As you may expect, clients who feel this way are more willing to invest more money with a company.

Source: Statuslabs

15% Of People Don't Trust Businesses With No Online Reviews

No trust suggests no interactions. 15% of potential consumers won't even consider doing business with a business they can't find viewpoints about.

Source: Statuslabs

Almost All Customers, Who Utilize Online Reviews, Read Them Early On In The Buying Process

Let's say you want to purchase a new automobile and there are a number of models which fit your requirements. How do you select the best one for you? Well, you read the reviews.

With the help of other consumers, you manage to choose a model that works for you. That's how positive reviews transform consumers into clients.

Source: Consumer Affairs

86 Percent Of Customers Would Think About Writing A Review For A Business

Your consumers are your most valuable resource, and it's not just because of the cash they spend at your business. They will be willing to share it if you offer them an excellent experience.

Source: Brightlocal

People Reading Reviews On A Mobile Device Are 127 Percent More Likely To Buy Than Desktop Users

Mobile users prefer to get things done quicker. Buying decisions are made rapidly.

Online reviews are certainly persuasive, yet marketers have not always come to appreciate the power of them.

Source: Martech Zone