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15 Percent Of People Do Not Trust Businesses Without Having Online Reviews
No trust means no interactions. 15 percent of possible consumers won't even think about doing business with a business they can't discover opinions about.
Source: Statuslabs
A One Star Increase In Rating Can Cause A 5% To 9% Increase In Business Profits
Businesses that treat consumers honorably generally prosper, review websites help ensure of that.
Source: Statuslabs
77% Of Customers Would Undoubtedly Submit A Review If They Were Asked
More than a 35% would submit a review to inform others about their client experience and 24% would probably direct their review to the company itself.
Over a 26% would be willing to post a review to assist other people with their decision making process.
Source: Podium
53% Of Consumers Anticipate Companies To Reply Within A Week To Negative Reviews
Online review statistics show that 63% of customer reviews remain without a reaction. That's too bad, due to the fact that those businesses are losing clients that way.
Source: Review Trackers
70 Percent Of Customers Prefer To Find Out About A Business By Means Of Reviews And Articles, Instead Of Advertisements
Advertisements are all well and good, however it's worth trying a different approach as well. Reviews are by far the very best method to discover the truth about a product or service.
Source: Statuslabs
Unfavorable Reviews Can Boost Conversion By As Much As 85%
It sounds crazy, but negative reviews can be a positive driver for users to devote more time on your site. According to online review statistics, individuals devote more than 5 times as long on a site when they check out negative reviews.
More than two thirds of users trust reviews more when there are a mix of negatives and positives. If there aren't any unfavorable ones, an overwhelming 95 percent suspect censorship or fabricated reviews.
Source: Reevoo
88% Of Executives Consider Reputation Risk As A Leading Business Problem
Reputation management stats suggest a business's reputation does not impact just the consumers. Potential employees also look at scores and read reviews.
Source: Deloitte
83% Of All Young Consumers Were Invited To Post A Review Recently
Of those asked, 80% of customers did post a review. In general, companies have actually asked 66% of all customers to give a review on their company.
Source: Brightlocal
Google Represents 57.5% Of All Reviews World Wide
Google is in the lead here, followed by Facebook as a remote second.
These are the online reviews distribution rankings:
Google at 57.5%, Facebook with 19%, TripAdvisor with 8.4%, Yelp with 6.6% and Others at 8.6%.
Source: Review Trackers
Half Of All Millennial's "Constantly" Read Online Reviews For Companies
More youthful people know the value of being informed. User-generated material has an indisputable effect on consumers.
They will understand what they've been missing out on if businesses stop to think about the power of customer reviews over millennials. Older individuals are various though, only 6% of individuals aged 55 or older read reviews.
Source: Brightlocal
A Lone Business Review Can Raise Its Conversions By 10%
Online review statistics reveal user-generated material can do wonders in terms of conversions.
A single review can have an enormous influence on your business.
A hundred reviews can increase your conversion rates by as much as 37%. Two hundred can offer a mind-blowing 44% increase.
Source: RevLocal
67% Of Customers Claim That Reviews Are A "Very Important" Factor When Selecting A Solution Provider
Reviews have an enormous impact on their decision when clients have to select a solution provider.
Source: DemandGenReport
Since They Desire To Acquire A Service Or A Product And Desire To Get The Truth About The Businesses Products And Services, 82% Of Consumers Check Out Review Sites.
Users come since they have currently formed a purchase decision. The majority of them (89%) purchase within a week of their visit.
Source: RevLocal