Definition of «consumer trust»

"Consumer trust" refers to the confidence and belief that customers have in a brand or company. It means that consumers believe the brand will deliver what they promise and that their products or services can be relied upon.

Sentences with «consumer trust»

  • Only 39 % of consumers trust in the «personalized» product selection of smart speakers and only 44 % believe they offer the best value selection of products. (prnewswire.com)
  • The South Korean government is expected to consider legislation that is intended to increase consumer trust in cryptocurrencies. (ethnews.com)
  • By some counts, more than 88 percent of consumers trust online reviews as much as they would trust a personal recommendation from a friend or family member. (entrepreneur.com)
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