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53% Of Customers Expect Companies To Respond Within A Week To Negative Reviews
Online review statistics reveal that 63% of client reviews stay without a response. That's too bad, due to the fact that those companies are losing clients that way.
Source: Review Trackers
A One Star Increase In Ranking Can Result In A 5% To 9% Boost In Business Income
Businesses that treat clients fairly typically prosper, review sites help make sure of that.
Source: Statuslabs
If It Has Less Than A 4 Star Rating, More Than Half Of Consumers Will Not Use A Service
This stat is one of numerous that show the value of online ratings. Now that news of customer satisfaction travels this fast, keeping your customers happy is more important than ever.
57% of customers have searched for business with more than four stars in 2018, which is up from 48 percent in 2017.
Additionally, 11 percent looked only for businesses with a best five star rating.
Source: Brightlocal
A Lot Of Local Companies Have Approximately 39 Google Reviews
People like to share their experience after they have gone to a supplier. Online review trends reveal individuals choose to comment if they had a positive experience, rather than a average or unfavorable one.
Source: Brightlocal
49% Of Customers Consider The Quantity Of Online Reviews As A Necessary Consideration Of Their Purchasing Decision
Customers value not just the quality or nature of the reviews, however they consider their number and recency too.
The share of customers, who take note of the variety of reviews is presently at 46%.
Source: Brightlocal
Google Accounts For 57.5 Percent Of All Reviews Across The World
Google is in the lead here, followed by Facebook as a far-off second.
Here's the online reviews circulation rankings:
Google at 57.5%, Facebook at 19%, TripAdvisor with 8.4%, Yelp with 6.6% and Others at 8.6%.
Source: Review Trackers
88% Of Executives View Reputation Risk As A Top Business Concern
Reputation management stats indicate a business's reputation does not impact just the customers. Potential team members likewise look at scores and read reviews.
Source: Deloitte
63.6 Percent Of Consumers Go To Google To Read Reviews Of A Business
Thinking about the last statistic, it comes as a surprise that Yelp (45%) and TripAdvisor (30%) come 2nd and third, leaving Facebook (23%) behind.
When it comes to trust, these online review stats reveal the basic popularity of a site can just go so far.
Source: Review Trackers
64% Of Americans Agree That User-generated Content (customer Reviews) Improved Their Shopping Experience In 2017
30 percent of consumers who check out client reviews, concur that it increases their purchasing confidence.
Companies utilize the reviews to improve their services and products.
"We all need people who will give us feedback. That's how we improve." -Bill Gates
Source: Statista
71% Of Millennials Search Customer Reviews Of Professional Services
Majority of all individuals in need of an expert service rely on online reviews.
According to online reviews stats, 59% used online reviews to choose a medical professional or a lawyer.
Younger people (age 18-35) are even more likely to hire a professional based on online reviews. Just 19% of millennials will think about employing an attorney without any.
Source: Thomson Reuters
91 Percent Of Millennials Turn To Online Reviews As Much As Family And Friends
Online review stats place consumers' reviews as the most trustworthy source of recommendations. Online reviews usually carry the exact same weight as advice from family and friends.
Source: Brightlocal
Online Reviews Affect 67.7% Of Consumer Purchasing Decisions
More than two thirds of buyers concur online reviews are either a "Fairly decisive", "Very decisive", or "Absolutely decisive" part of their decision making experience.
Source: Moz
Negative Reviews Can Improve Conversion By As Much As 85 Percent
It sounds insane, but negative reviews can be a positive driver for users to spend more time on your site. According to online review data, people devote more than 5 times as long on a website when they read 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, a frustrating 95% suspect censorship or fabricated reviews.
Source: Reevoo
83% Of All Young People Were Asked To Leave A Review Recently
Of those invited, 80% of customers did give a review. In general, businesses have asked 66% of all customers to submit a review on their business.
Source: Brightlocal
Reviews Are The Third Most Prominent Ranking Factor For Google's Local 3 Pack
Review signals (amount, variety, and so on) account for 15.44% of Google's algorithm for local ranking.
Just Google My Business signals, like proximity and keywords account for 25.12%, and link signals at 16.53%, are more vital than reviews as far as ranking aspects go for the local 3 pack.
Source: Moz
15 Percent Of Customers Do Not Trust Businesses Without Any Online Reviews
No trust suggests no interactions. 15 percent of prospective consumers will not even think about working with a company they can't discover opinions about.
Source: Statuslabs
77% Of Consumers Would Likely Give A Review If They Were Asked
More than a 35% would do it to inform others about their consumer encounter and 24% would certainly direct their review to the company itself.
Over a 26% would be willing to post a review to assist other individuals with their choice making process.
Source: Podium