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Showing posts with the label Business Reputation Stats

Suprising Statistics About Online Reputation

Are you managing your online reviews? Your customers are! If you're not monitoring your online reputation, now's the time to start thinking about ways you can improve the reputation circulating online about your business. Consumers make final purchase decisions based on online reviews so it's imperative to your business success that you put an effort into gathering and promoting reviews. Below, our online reputation management service has featured some statistics about online reputation that may surprise you. We're certain after reading these stats that you'll put a higher importance on online reputation management ! Check them out: Online Reputation Statistics: 92% of consumers now read online reviews.  69% of customers agree a review must be written within 2-3 months to be considered relevant.  A 1-star rating improvement can result in a 5%-9% increase in revenue.  74% of consumers claim a positive review makes a business appear more trustworthy. 40% of...

Staggering Statistics on Business Reputation

The reputation of your business is critical, especially in the online era we live in today. If you're not monitoring your online reviews , how do you know what's being said about your business? Online reviews have an impact on your business on many different levels and BlueJay Reviews has provided some surprising statistics to show how important reviews are to a business. Staggering Statistics on Business Reputation: 92% of consumers now read online reviews.  69% of customers agree a review must be written within 2-3 months to be considered relevant.  A 1-star rating improvement can result in a 5%-9% increase in revenue.  74% of consumers claim a positive review makes a business appear more trustworthy. 40% of consumers form an opinion after reading just 1-3 reviews.  A company’s star rating is shown to be the #1 factor for consumers choosing a business.  84% of people trust online reviews just as much as a personal recommendation from a friend....