Crowd-Sourced Product Ratings

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Summary

Crowd-sourced product ratings are reviews and ratings collected from everyday users to help others make informed buying decisions, offering authentic feedback about products instead of relying solely on expert opinions. This user-driven approach has become a major force in online shopping and product development, driving greater transparency and trust in the marketplace.

  • Review feedback closely: Pay attention to both positive and negative ratings and look for detailed, verified customer experiences to get a clearer picture of a product’s strengths and weaknesses.
  • Ask for input: Reach out to customers through follow-up questions, beta testing, or social media polls to gather honest opinions that guide future product improvements.
  • Check for consistency: Compare ratings across different platforms and look for common themes in reviews, ensuring you base your decisions on broad, reliable data rather than a handful of extreme opinions.
Summarized by AI based on LinkedIn member posts
  • View profile for Scott Barker

    ex-venture capitalist and tech exec learning how to live a happier, more conscious life

    48,134 followers

    We analyzed hundreds of SaaS companies and the landscape of social proof to see how it has evolved and where it’s heading. We found 3 core eras and we’re now entering a 4th. 1. Era I: Analyst-led Back in the day, firms like Forrester and Gartner were the gold standard for advice. Their deep industry knowledge and extensive research were invaluable. But as the pay-to-play model crept in, their credibility took a hit. Only vendors who could afford to subscribe had access to their insights, which diluted the trust factor. 2. Era II: Platform Review-led Enter the era of platform review sites like G2 and Capterra. They shook things up with crowd-sourced reviews and ratings, much like Yelp but for software. This user-generated content, often incentivized by rewards, became a goldmine of information. Other review platforms emerged, and many were eventually acquired by larger firms. 3. Era III: Community-led (in this era) Then came the community-led era, which we’re still in. Professional networking sites like LinkedIn and online communities on Slack have become the new hubs for software recommendations. Influencers play a big role, offering genuine advice at first, but soon monetizing their opinions, which is eroding trust. Companies lean heavily on customer advocacy and influencer programs, but overusage and compensation blur the lines between genuine and incentivized endorsements. 4. Era IV: Authentic Word of Mouth (entering this era) Now, we’re in the era of authentic word-of-mouth. Organic feedback from peers is more valuable than ever. Platforms like Noble facilitate honest conversations between prospects and existing customers, making uncurated, genuine opinions the new norm. This approach emphasizes transparency and trust. This fourth era changes the game. Vendors confident in their product-market fit will embrace this approach, even at the risk of occasional negative feedback. Transparency builds trust, and unlike G2 reviews or paid influencer posts, this model of facilitating authentic word of month ensures people hear directly from customers in a trusted way. Read the full post in The GTM Newsletter in the comments. For more of what we are seeing across go-to-market and the insights of 350+ of the best operators in the game, join 52,000+ other revenue leaders who read The GTM Newsletter weekly below. ✍️

  • View profile for Aleem Khan Sadozai

    $200M+ Amazon Sales | $100K+ Monthly PPC Spend | Building Amazon PL Giants with Data Driven PPC | Upwork Top Rated Plus - Founder at AKSpire

    4,509 followers

    𝗪𝗵𝘆 𝗖𝗿𝗼𝘄𝗱𝘀𝗼𝘂𝗿𝗰𝗶𝗻𝗴 𝗙𝗲𝗲𝗱𝗯𝗮𝗰𝗸 𝗶𝘀 𝘁𝗵𝗲 𝗡𝗲𝘅𝘁 𝗕𝗶𝗴 𝗧𝗵𝗶𝗻𝗴 𝗶𝗻 𝗔𝗺𝗮𝘇𝗼𝗻 𝗣𝗿𝗼𝗱𝘂𝗰𝘁 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁 Crowdsourcing feedback means taking your customers input seriously - because they know what they want better than you do. 80% of product development teams say crowdsourced insights lead to smarter decisions. And sellers who use it see a 50% improvement in their development process. This isn’t just a trend - it’s the edge you need in a saturated market. 𝗪𝗵𝘆 𝗖𝗿𝗼𝘄𝗱𝘀𝗼𝘂𝗿𝗰𝗶𝗻𝗴 𝗙𝗲𝗲𝗱𝗯𝗮𝗰𝗸 𝗪𝗼𝗿𝗸𝘀 ➝ 𝗖𝘂𝘀𝘁𝗼𝗺𝗲𝗿𝘀 𝗔𝗿𝗲 𝗛𝗼𝗻𝗲𝘀𝘁: They’ll tell you exactly what they don’t like - and what they wish your product could do. ➝ 𝗗𝗮𝘁𝗮 𝗗𝗿𝗶𝘃𝗲𝘀 𝗦𝘂𝗰𝗰𝗲𝘀𝘀: The feedback you collect is actionable, not just random opinions. ➝ 𝗙𝗮𝘀𝘁𝗲𝗿 𝗗𝗲𝗰𝗶𝘀𝗶𝗼𝗻-𝗠𝗮𝗸𝗶𝗻𝗴: Instead of endless brainstorming, you get clear direction on what to improve. ➝ 𝗕𝘂𝗶𝗹𝗱 𝗟𝗼𝘆𝗮𝗹𝘁𝘆: When customers see their suggestions turn into actual products, they’ll stick with your brand. 𝗛𝗼𝘄 𝘁𝗼 𝗦𝘁𝗮𝗿𝘁 𝗨𝘀𝗶𝗻𝗴 𝗖𝗿𝗼𝘄𝗱𝘀𝗼𝘂𝗿𝗰𝗶𝗻𝗴 𝗙𝗲𝗲𝗱𝗯𝗮𝗰𝗸 𝗧𝗼𝗱𝗮𝘆 ➝ 𝗗𝗶𝗴 𝗜𝗻𝘁𝗼 𝗥𝗲𝘃𝗶𝗲𝘄𝘀: Stop ignoring 3-star reviews. These are your best sources for improvement ideas. ➝ 𝗦𝗲𝘁 𝗨𝗽 𝗙𝗲𝗲𝗱𝗯𝗮𝗰𝗸 𝗟𝗼𝗼𝗽𝘀: Use email follow-ups to ask specific questions after purchases. ➝ 𝗜𝗻𝘃𝗼𝗹𝘃𝗲 𝗕𝗲𝘁𝗮 𝗧𝗲𝘀𝘁𝗲𝗿𝘀: Offer early access to new products for detailed feedback. ➝ 𝗨𝘀𝗲 𝗦𝗼𝗰𝗶𝗮𝗹 𝗠𝗲𝗱𝗶𝗮: Ask your followers directly about what they want from your product line. ➝ 𝗧𝗿𝗮𝗰𝗸 𝗣𝗮𝘁𝘁𝗲𝗿𝗻𝘀 𝗶𝗻 𝗤𝘂𝗲𝘀𝘁𝗶𝗼𝗻𝘀: Customer questions often highlight what’s confusing or missing. 𝗪𝗵𝗮𝘁’𝘀 𝘁𝗵𝗲 𝗣𝗮𝘆𝗼𝗳𝗳? ➝ 𝗕𝗲𝘁𝘁𝗲𝗿 𝗣𝗿𝗼𝗱𝘂𝗰𝘁𝘀: You solve real problems, not imaginary ones. ➝ 𝗦𝘁𝗿𝗼𝗻𝗴𝗲𝗿 𝗥𝗲𝗹𝗮𝘁𝗶𝗼𝗻𝘀𝗵𝗶𝗽𝘀: Customers feel heard and valued. ➝ 𝗛𝗶𝗴𝗵𝗲𝗿 𝗦𝗮𝗹𝗲𝘀: Products that match customer needs perform better in the marketplace. Crowdsourcing feedback isn’t a buzzword. It’s how smart sellers stay ahead of the competition. Start listening to your customers today. Your next best-seller could already be in their minds. #AmazonSellers #CustomerFeedback #ProductInsights #EcommerceTips #GrowWithAmazon #Crowdsourcing

  • View profile for Prakash R.

    Head - Internal audit @ Varthana | Treasurer @IIA Bangalore Chapter | IIM Calcutta Alumni | Ri Audit | Regulatory compliance expert | Fintech | Microfinance | Banking | CISA | CAIIB | MBA

    19,606 followers

    **Are #Product #Ratings in E-commerce websites / apps like #amazon, #flipkart etc are #Reliable as We Think? 🤔** In the world of online shopping, product ratings play a pivotal role in our decision-making process. But how reliable are these star ratings? Here are some key points to consider: 1. **#Bias #Alert 🚨**: Often, customers leave reviews when their experience is either extremely positive or negative. This can skew the overall rating and miss out on balanced opinions. 2. **#Incentivized #Reviews 🎁**: Many e-commerce platforms offer discounts or freebies for reviews. While incentives help increase engagement, they might also inflate ratings artificially. Even I received few, snaps attached. 3. **#Fake #Reviews #Warning ⚠️**: Some businesses unfortunately resort to "fake" reviews to boost their ratings. The rise of AI makes spotting these harder, but platforms are implementing better AI tools to filter them out. 4. **#Context #Matters 🧐**: A product with 4 stars and 10 reviews might not be as reliable as a 4-star product with 10,000 reviews. Look for consistency over time! 5. **The #Smart #Shopper's #Checklist**: - Focus on detailed, verified reviews 🛒 - Cross-check with multiple platforms 📊 - Look for common complaints or praise 🌟 Product ratings are helpful, but being an informed buyer means going beyond the stars! ✨ What are your #thoughts, please share your #comments👇 #Ecommerce #ProductRatings #ConsumerTrust #SmartShopping #DigitalTrends #OnlineShopping

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