49 Percent Of Consumers Consider The Number Of Online Reviews As A Vital Consideration Of Their Buying Decision

Consumers value not just the quality or nature of the reviews, however they consider their number and recency as well.

The share of customers, who take notice of the variety of reviews is currently at 46%.

Source: Brightlocal

More Than Half Of Consumers Won't Use A Service If It Has Less Than A 4 Star Score

This stat is one of numerous that illustrate the value of online rankings. Now that news of client complete satisfaction travels this fast, keeping your customers happy is more important than ever.

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

11 percent looked only for organizations with a best five star rating.

Source: Brightlocal

Half Of All Millennial's "Constantly" Check Out Online Reviews For Businesses

Younger individuals know the worth of being informed. User-generated content has an indisputable influence on consumers.

They will understand what they've been missing out on if businesses stop to consider the power of client reviews over millennials. Older individuals are various though, just 6% of people aged 55 or older check out reviews.

Source: Brightlocal

Just 44% Of Local Companies Have Actually Claimed 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 really utilize them.

Although we now know why client reviews are so effective, a lot of businesses obviously do not.

Source: LsaInsider

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

Reputation management statistics indicate a company's reputation does not affect just the clients. Prospective team members also look at scores and read reviews.

Source: Deloitte

Reviews Published On Twitter Can Boost Sales By 6.46%

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

Source: Yotpo

Consumers Might Invest 31 Percent More With A Business That Has Great Reviews

Pay attention to this fact. The better other users explain your service or product, the more cash you can charge and consumer review stats reveal to us exactly just how much more.

Source: Martech Zone

72% Of Customers Won't Take Action Unless They Check Out Some Reviews

No matter how eye-catching your marketing is, you still need client reviews. There's no other way around it. Customers are still willing to hear you out, however they trust other people more.

Source: My Testimonial Engine

Online Item Reviews About A Product Can Improve Its Conversion Rate By More Than 270 Percent

User review stats show the purchase likelihood for a product with five reviews is 270% higher than the same product without reviews.

Source: Spiegel Research Center

Almost All Customers, Who Use Online Reviews, Read Them Very Early In The Buying Process

Let's say you want to buy a new vehicle and there are several models which fit your criteria. How do you choose the best one for you? Well, you read reviews.

With the help of other consumers, you quickly pick one that works for you. That's how favorable reviews convert consumers into customers.

Source: Consumer Affairs

91% Of Companies Believe The Business's Star Rating Can Determine Whether They Win Or Lose A Potential Team Member

The 86% of companies question the integrity of online reviews. Nonetheless, they realize the huge effect user scores have on their business. Unfavorable customer or employee reviews can influence 90% of job seekers.

Source: Career Arc