74% Of Regional Companies Have At Least One Google Review

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

Looking at online scores stats, we learnt that a business needs to have an average of 40 reviews before people "Award" it with a star.

Source: Brightlocal

More Than Half Of Customers Aged 25 To 34 Submitted Reviews

According to Statista, the more youthful generations are plainly the more opinionated ones.

Source: Statista

Reviews Are The Third Most Prominent Ranking Factor For Google's Local 3 Pack

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

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

Source: Moz

Consumers Could Invest 31 Percent More With A Business That Has Fantastic Reviews

Take note of this statistic. The better other users explain your product or service, the more cash you can charge and customer review statistics reveal to us exactly how much more.

Source: Martech Zone

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

Reputation management statistics suggest a company's reputation doesn't impact just the consumers. Potential employees likewise look at ratings and take a look at reviews.

Source: Deloitte

91 Percent Of Millennials Depend On Online Reviews As Much As Friends And Family

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

Source: Brightlocal

54% Of Americans Pay The Most Attention To The Average Star Score Of A Local Business

The star ranking is the first thing consumers see. Still, users focus on other elements as well, like the amount, recency, length, and belief of reviews. Each of these alone affects more than a third of USA customers.

Source: Statista

Online Reviews Affect 67.7% Of Customer Buying Decisions

More than 2 thirds of consumers concur online reviews are either a "Fairly decisive", "Very decisive", or "Absolutely decisive" part of their decision making experience.

Source: Moz

A One Star Increase In Score Can Result In A 5% To 9% Increase In Business Revenue

Businesses that treat clients honorably generally succeed, review websites help make certain of that.

Source: Statuslabs

30% Of Customers Feel Comfortable With A Business Which Responds To Online Reviews

Communicating with your consumers creates trust. Even something as simple as responding to their reviews and remarks can make them feel appreciated.

As you may expect, clients who feel this way are ready to invest more cash with a business.

Source: Statuslabs

Only 44% Of Local Companies 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 major review platforms are free, a surprisingly low number of businesses actually make use of them.

Although we now understand why customer reviews are so powerful, a lot of businesses obviously do not.

Source: LsaInsider

Reviews Are The Most Essential Part Of The Purchase Choice For Over 90% Of US Clients

24% of US consumers consider reviews as 'incredibly influential'.

To show the importance of online reviews and rankings, did you understand that 81% of customers will pay more for a product with reviews and those same customers are likewise ready to accept slower shipping times for such products.

Source: Turntonetworks

49 Percent Of Consumers Consider The Number Of Online Reviews As A Vital Factor In Their Purchasing Decision

Consumers value not just the quality or nature of the reviews, but they consider their quantity and recency also.

The share of consumers, who focus on the variety of reviews is currently at 46 percent.

Source: Brightlocal

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

One negative review is enough for 35 percent of a website's visitors to choose not to buy. Three negative reviews can cost a business 59% 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

Fifty Percent Of All Of The Millennial's "Constantly" Read Online Reviews For Companies

Younger people understand the value of being informed. User-generated material has an indisputable effect on consumers.

If businesses think of the power of client reviews over millennials, they will realize what they've been losing out on. Older people are various though, just 6% of individuals aged 55 or older check out reviews.

Source: Brightlocal

53% Of Americans Consider Product Reviews And Scores As The Most Vital Part Of Online Shopping.

Today's buyers are smart and want the best bang for their buck. It's no wonder that they consider checking out reviews as a big part of the purchasing decision.

Source: Statista

Due To The Fact That They Want To Acquire A Service Or An Item And Want To Get The Truth About The Businesses Items And Services, 82% Of Customers Check Out Review Websites.

Users come since they have currently formed a buying decision. The bulk of them (89%) purchase within a week of their visit.

Source: RevLocal