"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.
Full definition
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.
The South Korean government is expected to consider legislation that is intended to increase
consumer trust in cryptocurrencies.
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.
These types of emails can help
build consumer trust so that when the time does come, your leads will feel more confident in buying from you.
With the establishment of a regulatory agency, greater transparency and
increased consumer trust would be a winning formula for everyone.
These businesses don't simply exist to manufacture food for pets, their executives believe in
gaining consumer trust and establishing relationships with customers by making the most nutritious formulas.
In light of recent scandals, it's time for financial services firms to actively work to win or
regain consumer trust.
Companies that are willing to put in the work to
earn consumer trust will enjoy long - lasting success.
Brand safety and the negative impact it has
on consumer trust is an issue that affects everyone.
Far from an annoyance or intrusion, this method of engagement has been proven to dramatically
boost consumer trust and confidence in the business sending the correspondence.
92 % of
consumers trust referrals from people they know, and 77 % of consumers are more likely to buy a new product when learning about it from friends or family.
More than 90 % of
consumers trust peer reviews and user - generated content over any company - created material.
According to marketing research,
more consumers trust the Internet to help them find local businesses in their area and learn more about them.
In addition, mention any projects, or note examples, of where your careful analysis, sampling, and testing of a product helped to
improve consumer trust and loyalty.
Consumers trust other consumers more than brands anyway, so you'll be able to build your reputation naturally without doing all the work yourself.
Consumers trust magazines so much that they are the leading sources of information that readers recommend by word - of - mouth to others.
This allows them the ability to become more trusting — research suggests that 81 % of
consumers trust blogs.
A recent survey found that 92 % of consumers read online reviews, and another study found that 72 % of
consumers trust online reviews as much as personal recommendations.
As companies add more marketing and advertising technology to maximize the return on their digital investment,
building consumer trust has become ever more important.
We believe that
consumer trust in organic claims can only be guaranteed through rigorous verification, inspection and assurance practices.
With 92 % of
consumers trusting referrals from people they know, one way to generate word - of - mouth is by transforming your loyal customers into brand advocates.
Consumers trust peer recommendations, like online reviews, 6.5 times more than traditional advertising.
«Tyson stands to lose both significant business as well
as consumer trust if it doesn't join its competitors and develop plans for a gestation crate - free future.»
One developer told me they'd been inundated with requests from users to delete their data acquired through Facebook and add other login options, saying that the Cambridge Analytica scandal «really hurt
consumer trust for all apps... even the good guys.»
Riskified maintains your brand reputation and builds
consumer trust by protecting your eCommerce business from fraud while guaranteeing that your key customers aren't rejected and enjoy a smooth online experience.
He added, «At the same time making sure that we're protecting consumers, which is actually good for businesses because
if consumers trust the industry they're do more business with the industry.»
Samsung had a tough year last year with two Galaxy Note 7 recalls over exploding batteries, and observers were wondering whether the company would be able to regain
consumer trust after that fiasco.
«I think it is important for Zuckerberg to clearly explain how Facebook plans to earn
back consumer trust,» Ms. McSweeny said.
The survey found that 46 percent agreed that, due to
consumer trust issues and service complexities, «the home of 2020 looks about the same as the home of 2011 in terms of resource consumption and management.»
One developer told me they'd been inundated with requests from users to delete their data acquired through Facebook and add other login options, saying that the Cambridge Analytica scandal «really
hurt consumer trust for all apps... even the good guys.»
Intense high - low discounting not only
erodes consumer trust, Mr Brun says, but can discourage investment in innovation and destroy value for both retailers and suppliers.
The Galaxy Note 8 must tick a lot of boxes to make sure that it can turn the tables in favor of Samsung and
restore consumer trust in the Galaxy Note line, following last year's disaster.
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