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I’m on vacation right now with my
family. In fact, as most of you are reading this, I’ll be flying back
from Orlando. While here, I saw a television ad that got me to thinking.
The ad was for a real estate company, and the premise was this: Wouldn’t
it be nice if every company we did business with had a customer
satisfaction rating posted prominently? Right up front, you could see if
the business you were dealing with rated a 97% or a 43%.
While the ad’s message was that this particular real estate company did
post their approval rating for every potential customer to see, the
thoughts this stirred up in me were a little deeper and more
fundamental.
The Consumer is Dead, Long Live the Empowered Customer
We all know that the Internet is transferring power from the marketer to
the consumer. In fact, the use of the label consumer is probably no
longer valid. Ray Podder, a brand strategist, hates the use of the term.
It conjures up images of a vast mindless herd of Pavlovian dogs eagerly
consuming whatever marketers shovel our way through advertising. Ray
recommends using the term “empowered customers” instead. So, in this
column, I’ll follow Ray’s lead and use his wording.
The Internet and the proliferation of self publishing options gives us
the power to build or dissemble brands instantly. Suddenly, the intended
market is sharing the straight scoop on products, without corporate
filters or advertising spin getting in the way. We share our real life
experiences from our perspective, not from a Madison Avenue idealized
one.
The Customer has Spoken, and they are Online
But to get back to the commercial I saw, so far no one with enough
market traction has taken up the task of aggregating this information
into an easy to digest rating system. There is no “seal of approval”
that comes from customers. But for the first time, the potential is
there.
There have been a few players who have attempted to do this. Trip
Advisor is one that shares real world ratings of hotels and other travel
related services. And epinions.com has also offered readers the
opportunity to post reviews on a number of products. But neither service
has tapped into the online market to any great extent. According to
Alexa, Epinions.com is ranked around 1000 for site popularity. It hasn’t
gained the critical mass needed to turn it into a hot online property.
And considering that it’s been around for sometime, it may never get
there.
Can Search be a Forum for the Customer?
And this, by a long and circuitous route, leads me to the topic of this
column. How about search engines? Can they provide customers with a
podium to be heard from? They’re already the most popular sites online,
so critical mass and traffic certainly won’t be a problem.
Search engines rank sites by their own criteria of what makes a good
site or a substandard one. They’re already in the business of
aggregating information and using it to rank alternatives for the user.
They are generally considered objective and non partisan. And they’ve
already drawn a line between their advertising and the editorial section
of their page (the algorithmic listings) that is recognized by most
users. As they continue to become more vertical (Ask Jeeves’ recent
acquisition will certainly heat up this race) it seems they’ll be
looking for a competitive advantage to offer their users. This would
seem to be a compelling one.
The Tide is Turning for Brand Ownership
We are on the nexus of the switch to the customer controlled marketing
model. At this point, most empowered customers are totally unaware they
wield this much power. Only the adventurous few who have staked their
territory online have learned how the Internet gives each of us a
powerful voice that can reach millions. In a few spectacular and oft
quoted examples, online buzz has synergized to the point where new
product introductions took off. Online takes word of mouth to a whole
new dimension. Like many thing in our fragile society, the relationship
between marketers and customers is on the verge of a fundamental and
earth shaking shift. Advertisers, don’t tell us how we’re supposed to
feel about your products. We’ll tell you..and you’d better listen!
As a relevant aside, we’re starting hear more and more from companies
who are fighting customer launched attack sites who have achieved higher
rankings on search engines than the official site for the brand. In this
case, the balance of power has swung from the advertiser to the
customer. This is unfamiliar territory for the corporate world.
But to this point, there’s no online destination with enough market
penetration and critical mass who have dedicated themselves to acting as
the focal point for customer opinion. In fact, most customers turn to
search engines when looking for published information on a product and
sift through blog and forum postings. If they’re already turning to
search, why not close the loop and help to aggregate the information
they’re looking for? Why not find a way to measure online buzz, both
good and bad, and present it to us in an easily understood way?
This makes even more sense when you consider that search will be
aggressively trying to place itself at the intersection of all online
customer behavior. The areas they’re currently looking to control
include shopping search and local search. Both have huge potential wins
from a revenue potential. If customers could also find an easily
digested capsule of popular opinion to help in the making of their
decision, I believe it would present a compelling package.
Will Ask Jeeves Close the Loop for Empowered Customers?
And that places Ask Jeeves in a unique situation. As a recent
acquisition of IAC, they join the corporate family of CitySearch,
Expedia and Match.com. Suddenly, Ask Jeeves is in the ideal position to
pursue a verticalization strategy. And a vertical search destination
would be a great place to start a customer rating system. In fact,
CitySearch already has both reader and editorial ratings for restaurants
and other tourist destinations. After gaining a foothold here, it could
be expanded to all the Ask Jeeves search properties.
There’s no doubt that customers will speak and speak loudly online. But
will search engines provide them the forum to be heard? |