Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

The power of social recommendations

830 views

Published on

The power of social recommendations. Word-of-mouth recommendations — http://www.torbenrick.eu/t/r/mas

Published in: Business
  • Be the first to comment

  • Be the first to like this

The power of social recommendations

  1. 1. The power of social recommendations 92% 76% 58% 72% 20% 77% of consumers report that a word-of-mouth recommendation is the top reason they buy a product or service of consumers surveyed said that they trust online reviews as much as personal recommendations of consumers recommended companies they trust to a friend or colleague to 50% of all purchasing decisions, the primary factor is word of mouth recommendation People share product/service experiences online because ...................................... of consumers trust a business which has positive online reviews of people need to see fewer that 10 reviews to compel them to purchase 78% 47% they had a they had a positve negative experience experience Torben Rick - www.torbenrick.eu 43% they want to help others to be informed 46% they like sharing their opinion with others

×