Busted: 10 UGC myths you’re still falling for | Bazaarvoice Summit 2014
-
Upload
bazaarvoice -
Category
Marketing
-
view
461 -
download
1
description
Transcript of Busted: 10 UGC myths you’re still falling for | Bazaarvoice Summit 2014
#bsocial14
Busted:10 UGC myths you’re still falling for
Joe Rohrlich
Vice President, Client Success
#bsocial14
What exactly is UGC?
#bsocial14
#bsocial14
#bsocial14
#bsocial14
Myth: Negative UGC will kill my sales!
#bsocial14
Quantity? Rating? v.
+111%Conversion Rate
+2%Conversion Rate
#bsocial14
#bsocial14
1. Good review text (1-5 reviews)
2. High number of reviews
3. Some critical reviews
4. Recent reviews
Then everything else …
(Star ratings, secondary ratings, social recommendations, profiles, context data, Facebook,
filters, sorting, etc)
#bsocial143.8
3.9
4
4.1
4.2
4.3
4.4
4.5
4.6
4.7
4.8
CPG ConsumerElectronics
HomeImprovement
Travel SportingGoods
Toys
Average Rating by Category
#bsocial14
Fact:It’s not the perfect product for everyone…and shoppers know it.
#bsocial14
Myth: The consumer is
always right.
#bsocial14
#bsocial14
#bsocial14
When brands responded to product misuse with guiding instructions, shoppers who saw those responses were more likely to buy the product and felt more positively about the product. Increase in intent
to purchaseIncrease in product
sentiment
186%
Fact:Consumers aren’t all pure geniuses. Sometimes they appreciate a little help!
157%
#bsocial14
Myth: A couple of reviews will do.
#bsocial14
#bsocial14
#bsocial14
#bsocial14
#bsocial14
Fact:Be Greedy. More IS More.
#bsocial14
Myth:But no one will talk about that
product!
#bsocial14
Kitty Litter: 21,400 Fact:
Sponges: 11,400
Frozen French Fries: 16,000
Toilet Paper: 2,900
Checking Account: 6,000
Tax Stores: 89,000
#bsocial14
#bsocial14
#bsocial14
Myth: Be careful…don’t ask the
consumer for too much!
#bsocial14
69.6%Long form
68.6%Short form:
Percentage of responses to surveys:
#bsocial14
#bsocial14
#bsocial14
#bsocial14
Fact:He who shares his opinion…actually wants to help…usually.
#bsocial14
Myth: No one trusts reviews anymore.
#bsocial14
71%of people read consumer reviews before making a
purchase.
Fact:People are actually getting savvier about word-of-mouth.
#bsocial14
#bsocial14
Myth:Word-of-Mouth. It’s a .com thing.
#bsocial14
#bsocial14
#bsocial14
#bsocial14
Fact:Word-of-mouth lives everywhere we are.
#bsocial14
Myth:Your best copyeditor sits on
Madison Ave.
#bsocial14
#bsocial14
#bsocial14
Fact:Your best copywriter might just be my Mom.
#bsocial14
Myth:Word-of-mouth is just a 1-time
campaign.
#bsocial14
Fact:It’s always on.
Keep feeding it.