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Word of Mouth

The Guardian reports that companies are beginning to read blogs (or hire media consulting firms to do so) in order to get a sense of what the hoi polloi are…

The Guardian reports that companies are beginning to read blogs (or hire media consulting firms to do so) in order to get a sense of what the hoi polloi are saying about their products — good and bad. Media coverage and pundits tend to be reactive — grass-roots opinion tends to be a lot more valuable in letting companies respond to problems (or opportunities) more quickly.

“The PR firm Edelman does this great ‘Trust Barometer’, which measures the trust we place in certain types of people,” Hart explains. “After a doctor, the person we would most trust is the average person who’s ‘just like us’ – a company CEO is eighth on that list. It’s the same for news sources about companies. After specialist business magazines, we trust family and friends and colleagues; journalists are sixth.
“So it’s a pretty shocking piece of research that shows we trust people who we feel are like ourselves and are not out to promote something. That is why blogs have such power. We trust them, and if we disagree with an opinion, we normally have the option of adding our say.”

Interesting.

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2 thoughts on “Word of Mouth”

  1. The current data appears to be here (web site here).

    I can’t find the “eighth” place showing in the data. In the US, though, regarding the question “In general, when forming an opinion of a company, if you received information from a/an [INSERT PERSON] about this company, how credible would the information be?” the answers were, in order:

    Doctor or healthcare specialist
    Average person, like yourself
    Academic
    Accountant
    Non-profit organization or NGO rep
    President/ Prime Minister/ Chancellor
    Financial/ Industry analyst
    Banker
    Religious leader
    Regular employee of company
    Author
    Broadcaster
    CEO of company
    Lawyer
    Legislator/ parliamentarian
    Union representative
    Company’s public relations rep
    Entertainer/ Athlete

    In Europe they trust lawyers and financial/industry analysts far more, heads of state and religious leaders far less. In China and Brazil, the “average person” ranks significantly on top.

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