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3 commentsTuesday, July 7, 2009

Online Opinions One of Most Trusted Forms of Advertising

Study Looks at Trust Levels for Different Media

Nielsen released some interesting findings from a study (pdf) on consumer trust and advertising. The most important takeaway is that consumer opinions posted online are the most trusted forms of advertising globally.

Right off the bat, this tells me that:

A. You need to use social media and search to maintain your online reputation

B. Online product reviews can be of great benefit

C. Testimonials can't hurt either

Trust Levels

"The explosion in consumer-generated media (CGM) over the last couple of years – we are now tracking over 100 million CGM sources – means consumers' reliance on word of mouth in the decision-making process, either from people they know or online consumers they don't, has increased significantly," says Jonathan Carson, President of Online, International, for the Nielsen Company.

One interesting detail to note is that according to Nielsen's findings, brand websites score just as high as online consumer opinions. In addition, brand sponsorships have seen the greatest increase in levels of trust amongst Internet consumers in the last 2 years.

Trust Levels

"However, we see that all forms of advertiser-led advertising, except ads in newspapers, have also experienced increases in levels of trust and it’s possible that the CGM revolution has forced advertisers to use a more realistic form of messaging that is grounded in the experience of consumers rather than the lofty ideals of the advertisers," says Carson.

The findings indicate that businesses really need to take their web presences seriously. Obviously, many of us are already well aware of this, but you may be surprise to know that many businesses still don't even have websites, let alone professional looking ones and social media accounts.

Opinions online good or bad should be monitored. If that's what people trust, it is up to you to make sure your brand is portrayed in as good a light as possible. You can find some good reputation management tips sprinkled throughout these articles.

About the author:
Chris Crum has been a part of the WebProNews team and the iEntry Network of B2B Publications since 2003. Twitter: @CCrum237

Will this change?

I'm wondering if this will change - online reviews are great, but at the same time they are easy for companies to fake. Some companies would rather hire a sharp marketing company than do the work required to make a quality product.

On the otherhand I guess companies have always faced the dilemma with improving their products and spending more on traditional marketing.

I agree. Though internet is

I agree. Though internet is a great place to post reviews, it can be easily manipulated. All it takes is a efficient marketing company.

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