Public Relations & Social Marketing Insight
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Public Relations & Social Marketing Insight
Social marketing, PR insight & thought leadership - from The PR Coach
Curated by Jeff Domansky
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Online Product Reviews: Trust is More Important Than Ever | RewardStream

Online Product Reviews: Trust is More Important Than Ever | RewardStream | Public Relations & Social Marketing Insight | Scoop.it

I recently read an interesting study posted by Myles Anderson on Search Engine Land that said 88% of consumers who read online product reviews trust the reviews as much as personal recommendations. The important caveat to this statistic, as noted by Myles, is that there must be multiple reviews on a product for this to apply, and those reviews must appear authentic.


Amazon’s recent lawsuit against fake reviewers throws this phenomenon into sharp relief. The company is targeting over 1,000 fake reviewers who have posted fraudulent reviews in exchange for financial compensation. Despite Amazon’s use of artificial intelligence and machine learning to combat fake reviews, there is still a growing market for writers willing to post fake positive (or negative) reviews on the site. Amazon has struggled with this challenge for years now, and deserves credit for working to build the trust of customers and prospective buyers.


This kind of trust issue can have serious financial implications for big brands. Canadian wireless network operator Bell was recently issued a fine of $1.25 million when it came to light that Bell staffers were writing and posting fake reviews on app download sites.


All these stories get me thinking. In the world of online product reviews, trust is key. Whose opinions do buyers actually trust? More importantly, whose opinions should they trust?...

Jeff Domansky's insight:

For online product reviews trust is key, but how can buyers be expected to trust the opinions of strangers? Referral marketing is the solution.

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Is Referral Marketing the most important tool in your ecommerce toolbox?

Is Referral Marketing the most important tool in your ecommerce toolbox? | Public Relations & Social Marketing Insight | Scoop.it

The funny thing about referrals is that because it’s such a no brainer, a lot of businesses don’t have a formal program setup to ensure e that they’re maximizing this channel, by automatically or programmatically asking all their customers. That’s both a shame and an opportunity lost, because for every one customer who may be naturally inclined to refer or recommend a businesses to their friends“without” being asked, there are almost certainly a number that will be too busy, or not inclined to refer anything without being asked to do so.


That’s reflected in the research as well. Some research done by Texas Tech showed that while 83% of consumers indicate they’d be willing to refer a business they frequent, only 29% actually do. That’s because surprisingly most businesses simply don’t ask.A quick and easy  customer referral program is not only a great marketing strategy on it’s own, because of that gap in consumer willingness and businesses asking, there is also a really good chance that setting up a customer referral program is great low hanging marketing fruit you can take advantage of....

Jeff Domansky's insight:

Could referral marketing be the most important tool in your ecommerce marketing toolbox?

Marco Favero's curator insight, October 15, 2014 8:27 AM

aggiungi la tua intuizione ...

Jan Wallen's curator insight, October 15, 2014 9:14 AM

How to make the most of referrals for marketing 

Türkiye İnternette's curator insight, October 15, 2014 11:30 AM

The answer to this qquestion is "most probably yes"