Online Feedback Significantly Influences Consumer Purchasing Decisions, Opinion Research Corporation Study Finds
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PRINCETON, N.J.--(Business Wire)--
While the Internet opens doors for retailers around the world, online customer
reviews can quickly close them, according to the latest survey from Opinion
Research Corporation, an infoGROUP company (NASDAQ: IUSA). The survey revealed
84 percent of Americans say online customer evaluations have an influence on
their decision to purchase a product or service, but only 28 percent of
respondents say they have posted their own feedback on the web. These facts are
nearly identical to those published in 2008.
"Our findings suggest that a very vocal minority may have an oversized influence
on buyer behavior," said Linda Shea, SVP and Global Managing Director of Opinion
Research Corporation`s Customer Strategies Practice. "Nevertheless, when
negative customer feedback is served up in a very public forum, it has great
potential to tarnish the reputation of a brand and therefore any future revenue
stream."
Two-thirds (66 percent) of respondents, virtually identical to the proportion in
2008, checked some type of online review forum when looking to purchase a
particular brand of product or service. Interestingly, a sizeable number of
respondents (50 percent) relied on online reviews in the first stage of their
buying cycle. "This is critical for companies to understand as they fight to be
considered by consumers and look for ways to be ever-present through a variety
of channels and media outlets," Shea continued. "Taking a more proactive
approach to participating in, monitoring and controlling online reviews may very
well be one of the many ways organizations can influence both consumer
consideration, and, ultimately, the buying decision."
The most popular types of products or services investigated online were:
2008 Results 2009 Results Trend
Travel, recreation or leisure 82% 80% -2%
Electronic goods 80% 78% -2%
Household products and services 66% 70% +4%
Clothing 55% 60% +5%
Automotive 55% 56% +1%
Personal Care 40% 45% +5%
Food 24% 36% +12%
"In a challenging economy, it is no surprise to see online investigations of
products and services increase in categories that represent the basics of
consumer spending such as food, personal care, clothing, household products and
services. Companies who offer products and services in those categories should
find ways to get involved in and leverage these forums to their advantage," said
Shea.
Commonly checked online forums included company websites (71 percent); online
rating systems (57 percent) and government/consumer advocacy sites (54 percent).
About Opinion Research Corporation
Opinion Research Corporation, an infoGroup company, is a full-service, global
market research firm offering action-oriented advice and intelligence to clients
worldwide in the areas of Customer Strategies, Corporate Branding and
Reputation, Employee Engagement and Market Planning and Development. ORC is also
a partner of CNN on the CNN/Opinion Research Corporation poll, conducting
national, speech reaction, state and flash/overnight polls for the most trusted
name in news since April 2006. To learn more, visit www.opinionresearch.com.
About infoGROUP
infoGROUP (www.infoGROUP.com) (NASDAQ: IUSA), founded in 1972, uniquely combines
business and consumer information, marketing services and research solutions for
sales, marketing and business professionals around the world. Our data and
marketing solutions help companies of all sizes find new prospects, deepen
relationships with existing customers and reach businesses and consumers at
home, at work and on-line. infoGROUP business data is also used by the top
internet search engines and vehicle navigation systems to power their
Point-of-Interest and business search capabilities. Our research solutions are
used globally by organizations to solve complex problems, measure effectiveness
and understand the attitudes and needs of their customers, citizens, employees
and other key stakeholders.
infoGROUP headquarters are located at 5711 S. 86th Circle, Omaha, NE 68127 and
can be contacted at (402) 593-4500 or by visiting www.infoGROUP.com.
Caroline Harris, CJP Communications
212-279-3115 ext. 222
or
Kelly Loontjer
Director of External Communications
402-596-7574
kelly.loontjer@infogroup.com
or
Carolyn Werbler, ORC USA
609-452-5258
Copyright Business Wire 2009
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