online consumer reviews from the consumer's perspective.
Online consumer reviews are often the first way that a consumer will learn about a new product or service. The pros of online consumer reviews include receiving potentially unbiased information about a product or service. The cons of online consumer reviews include their increasing lack of credibility as more companies are resorting to tactics like paying bloggers for positive product reviews, paying writers to write positive Amazon reviews, and the inability to genuinely decipher the difference between a trustworthy and untrustworthy review. Paid or compensated reviewers are becoming increasingly savvy in their presentation of material. By inserting a few objective or even critical comments amid a sea of positive information about the brand or specific product, the paid reviewer engenders trust and therefore creates an illusion of credibility. The ill informed consumer might be prone to trusting the paid reviewer because of the lack of ability to test the veracity of online consumer reviews.
In spite of the drawbacks of online reviews in terms of the potential for fakes, the benefits of online consumer reviews are tremendous from the customer's perspective. The customer perceives online reviews as they would a review by a trusted friend (Anderson, 2014). Edelman (2010) also notes, "When consumers are pleased with a purchase, they'll advocate for it by word of mouth, creating fodder for the evaluations of others and invigorating a brand's potential." Interestingly, many consumers only begin to research their product after purchase (Edelman, 2010), meaning that some consumers are looking to verify their experiences with an online community of like-minded individual with the same purchasing interests. Consumer reviews allow for rapid differentiation between brands, so that the same product can be evaluated on different sites based on specific factors like customer service or convenience.
From a consumer's perspective, online reviews offer security. They help guide a decision or reinforce one that has already been made. A consumer review might sway a customer toward one brand and away from another, or it might introduce a customer to a new product or service that might have otherwise gone unaware. Therefore, the ability of reviewers to introduced new information in their copy or to provide comparison or outlinks is critical from the perspective of the brand manager. Bloggers and other professional product reviewers have the potential to steer consumer tastes in different directions. Consumer reviews also offer the consumer the opportunity to engage with infotainment, to use product reviews as a diversion even if purchasing is not actually the primary objective. Even when a consumer does not make a purchase, their impression of the brand changes because of positive consumer reviews. As a result, that individual is more likely to recommend the brand even thought they never actually made the purchase themselves -- only because they are spreading the word about something they read about online.
Sites that offer reviews only from verified buyers like Booking.com and now Amazon.com offer consumers an added sense of knowing that the information they read is trustworthy. Of course, brand managers can still manipulate product reviews by compensating reviewers and bloggers for their purchases. Relatively few consumers are going to be media savvy enough to distinguish between a credible and non-credible review, meaning that the majority of consumers will be swayed by a review either positive or negative. Whether or...
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Producers have the ability to use flashy advertising as a substitute for a good product, and to deceive the customer through paid, sponsored relationships with bloggers and advertisers. Consumers may still have difficulty understanding when a blogger is in the employ of a company. Producers may find their good name impinged upon by reviewers who do not have legitimate grievances with a company. Staying offline and focusing on broad-based real
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