IMPACT OF ONLINE REVIEW ON CURRENT MARKETING

Introduction.
Online reviews are the feedback of a product or service by a consumer from their purchasing experience, consumers can upload their review in social networks or review website where this be known as modern word of mouth (WOM) or eWOM. These reviews can impact the future customer purchasing decisions (Elwalda, Lü, & Ali, 2016).  In fact, people trust and consider these review as these advices comes from actual experience.  These reviews can be positive or negative for a business, in case of dissatisfied consumer can express their negative feedback while, a happy consumer can comment in a positive way. Whenever a consumer writes a negative review then the business should be quick to solve the problem before the review gets to other future customers. However, a greater one of positive reviews can trust on the business.

Literature Review
The most challenging and uncontrollable reviews of positive and negative can influence consumer purchase (Elwalda, Lü, & Ali, 2016). A study from (Bronner, & de Hoog, 2010) presents that there will be always greater number of positive reviews than negative reviews. However, the business should be more caution about the negative reviews and contact the consumers who are being disappoint with product or service that he or she has got.
Customers who is loyal to a brand will always ignore the negative reviews of the product or service and the customer who is unlikely to this brand will always reject the positive review (East, Hammond, & Wright, 2007). For example, a loyal Apple consumer will always reject any negative reviews of Apple product and another brand loyal consumer will always resist the positive reviews.
The research of (Chang, Rhodes, & Lok, 2013) advise that when a customer look for an unknown product or service he or she will influence the decision making when that customer consider the review of the product, therefore this brings the attention of the marketers.

Impact on contemporary marketing
Business marketers can solve this marketing issue by few approaches where firstly follow up the customer reviews, award positive reviews, contact the consumers who were not happy and try to provide a solution to remove the negative feedback. For instance, the marketers in eBay always try to keep up their rating closer to 5.0 and will immediately trying to solve the problem by giving another item for free or refund the money to remove the negative review.




Short video on How Online Reviews impact Businesses:


References
Bronner, F., & de Hoog, R. (2010). Consumer-generated versus marketer-generated websites in consumer decision making. International Journal Of Market Research52(2), 231. http://dx.doi.org/10.2501/s1470785309201193
Chang, T., Rhodes, J., & Lok, P. (2013). The Mediating Effect of Brand Trust Between Online Customer Reviews and Willingness to Buy. Journal Of Electronic Commerce In Organizations11(1), 22-42. http://dx.doi.org/10.4018/jeco.2013010102
East, R., Hammond, K., & Wright, M. (2007). The relative incidence of positive and negative word of mouth: A multi-category study. International Journal Of Research In Marketing24(2), 175-184. http://dx.doi.org/10.1016/j.ijresmar.2006.12.004
Elwalda, A., Lü, K., & Ali, M. (2016). Perceived derived attributes of online customer reviews. Computers In Human Behavior56, 306-319. http://dx.doi.org/10.1016/j.chb.2015.11.051
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