financetom
News
financetom
/
News
/
Too many featured reviews can confuse customers: Study
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Too many featured reviews can confuse customers: Study
Nov 22, 2022 12:17 PM

A new study has found that too many featured or top reviews can cause more confusion among customers. E-commerce sites like Flipkart, Amazon and many others use featured reviews to bring information and clarity to users. But using too many of these reviews can lead to less effective conversions. Published in the journal Management Information Systems Quarterly, the researchers suggested past a certain number of reviews that e-commerce should instead ask buyers of a product to select the best reviews instead.

"But when there are enough reviews, they may want to find a way to nudge the customers to decide on top reviews because that's going to be much more valuable than writing one more review,” explained co-author Wael Jabr, the assistant professor of supply chain and information systems in the Smeal College of Business, Pennsylvania State University.

Also Read: OTT players should compensate telcos for data traffic on networks: COAI

The researchers studied 2.2 million reviews and all review-related information like the number of reviews and featured reviews for 1,000 products on Amazon. The researchers then tracked the sentiment of reviews, based on the rating given by customers, and tracked the sales ranking of these products over a 10-month long period. The researchers found that for products with more than three featured reviews, the value of those featured reviews seemed to diminish.

The researchers also found that it was important for the top or featured reviews to match the overall review sentiment, based on the product’s rating given by customers. If the top or featured review matches the review sentiment, the top review’s ability to influence customers gains strength.

Also Read: Google may lay off 10,000 ‘low performing’ employees starting 2023: Report

(Edited by : Priyanka Deshpande)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Markets Week Ahead: Gold Overreacts, Sterling Sinks and USD Advances
Markets Week Ahead: Gold Overreacts, Sterling Sinks and USD Advances
Mar 25, 2024
Gold Whipsaws and Signals a Potential Momentum Shift The precious metal rose phenomenally in the wake of the FOMC meeting and updated summary of economic projections. The US dollar acted as the release valve for all the hawkish sentiment that had been priced into the market. US activity, jobs and inflation data printed on the higher side of estimates in...
US Dollar Outlook & Market Sentiment: USD/JPY, USD/CAD, USD/CHF
US Dollar Outlook & Market Sentiment: USD/JPY, USD/CAD, USD/CHF
Mar 21, 2024
Most Read: Fed Sticks to Dovish Policy Roadmap; Setups on Gold, EUR/USD, Nasdaq 100 Too often, traders get caught up in the herd mentality, buying when prices are rising rapidly and selling in a panic when the market takes a turn to the downside. Contrarian indicators, like IG client sentiment, offer a different perspective. By gauging whether positioning and the...
Oil Update: Russia
Oil Update: Russia
Mar 23, 2024
Brent Crude Oil News and Analysis Over 150 missiles and drones fired in latest attack on UkraineOil prices ease into the weekend despite attacks on energy infrastructureIG client sentiment focuses on recent changes in positioning to arrive at bearish biasThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our...
US Dollar Forecast: PCE Data to Steal Show; EUR/USD, USD/JPY, GBP/USD Setups
US Dollar Forecast: PCE Data to Steal Show; EUR/USD, USD/JPY, GBP/USD Setups
Mar 23, 2024
Most Read: U.S. Dollar Outlook Market Sentiment: USD/JPY, USD/CAD, USD/CHF The U.S. dollar, as measured by the DXY index, strengthened this past week, closing at its best level since mid-February on Friday. Despite initial losses following the Fed’s dismissal of renewed inflation risks and indications that it was still on track for 75 basis points of easing this year, the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved