Shopping Cart Forum

Go Back   eShop Forums - eCommerce Help Forum for Shopping Cart Owners. > Shop Talk > The Water Cooler > eCommerce News
Register Blogs FAQ Members List Calendar Search Today's Posts Mark Forums Read
eCommerce News The latest eCommerce news.

Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 06-02-2008, 09:44 PM
Kate's Avatar
Kate Kate is offline
Wordsmith
 
Join Date: Aug 2007
Location: Yorkshire
Posts: 182
Thanks: 0
Thanked 2 Times in 2 Posts
Default Web Shoppers Rate Product Reviews Tops

Over two thirds of online researchers rate product ratings and reviews the most helpful feature when researching products to buy online or on the high street, while 97% are willing to trust online reviews, new consumer shopping habits study reveals.

UK consumers find online product ratings and reviews the most helpful feature when deciding to make a purchase, a new study from Jupiter Research and social commerce technology company Bazaarvoice has found.

Over two thirds of online users surveyed – 70% - said they found product ratings and reviews the most helpful feature when researching online to purchase from either an e-tailer or high street shop. Product comparison tools, images and themed product categories such as top rated or most popular pooled 57%, 51% and 19% respectively. Respondents were asked to select their top three most helpful sources from ten categories.

65% of online users research products online before buying online, and 56% research products on the web and then purchase on the high street.

Jupiter Research and Bazaarvoice conducted the online survey to gain insights into user generated content and how it influences consumers’ shopping habits.

Trust in online reviews was found to be at its greatest when reviewers told both sides of the story. 56% agreed with this when the pros and cons of specific product attributes were included. Almost half (49%) trusted reviews the most when writers left positive and negative comments about a product. Those questioned chose three of eight features that helped them to trust online reviews.

Overall, 97% of online researchers are willing to trust online reviews.

“UK consumers’ high demand for rating and review content along with other findings in this research aligns with what we have consistently seen in the US,” said Sam Decker, Chief Marketing Officer at Bazaarvoice. “This research also clearly shows that consumers want authentic, balanced feedback, and that in the main they feel ratings and reviews are trustworthy. 2008 will signal a big change for online retailers in the UK as they listen to what consumers want and allow them to influence each others’ purchase decisions.”

The study also revealed that online customer reviews are five times more influential than TV adverts to online users when they are contemplating purchase decisions.

Over half (53%) of respondents rated customer reviews as the most helpful source when gathering product quality and performance information, as compared to other resources, such as friends’ recommendations or ads. For example, only 11% of online users cited TV adverts as the most helpful source. Recommendations from friends came second after customer reviews– just under half (47%) said they valued these the most. 4% said magazine and radio adverts were a major influence when deciding what to buy. Again, those surveyed were asked to select up to three sources.

Press Release Feb. 2008.

Kate
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Reply


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Similar Threads
Thread Thread Starter Forum Replies Last Post
New oscommerce site is launched, need SEO reviews oscexperts08 Zen Cart & osCommerce 0 22-07-2008 05:38 AM
Need site Traffic and Shoppers The Biggest Online Mall SEO and PPC 0 04-05-2008 08:45 PM
Table Shipping Rate BillH Zen Cart & osCommerce 5 22-12-2007 11:28 AM
christmas shoppers have started Tinkerbell The Water Cooler 0 21-09-2007 08:46 PM
iPhone Reviews Summary Kickstartnews Computers & IT 0 20-08-2007 04:43 AM

Google

Edible Graphics, Affordable E-Commerce, Web Shops & Custom Form Scripts
Fair Trade Quality Handmade Photo Albums & Gifts
tech news, product reviews, the latest home and business technology, the latest in digital imaging


Content Relevant URLs by vBSEO 3.0.0