There are several companies in the world in the many niches available. Despite the number of niches available, the ratio of the number of companies in the world to the number of niches will not be less than 20 million:1. The advent of the Internet has also made it possible for a company in China to sell directly to people in the USA and vice versa. Hence, several companies are competing with each other regularly.
The advent of reviews platform such as Usreviews has further increased the competitive environment for business owners. There are many ways reviews are influencing competition among businesses. Some of such ways are discussed subsequently.
Knowing how customers rate them
Businesses can easily know how customers rate them through the reviews the customers drop for them. Hence, from their overall average ratings, they get to know if customers rate them highly or not. This will help …