Showing posts with label consumers. Show all posts
Showing posts with label consumers. Show all posts

Wednesday, November 26, 2008

Consumer Watchdog: The Algorithm


The rankings are based on what the company calls the TrustScore, weighted for relevance so for example, older ratings count for less, while ratings from trusted sources count for more. The rating is calculated on a scale from 0 to 100. The higher the score, the happier consumers are about the company being rated.

The viability of TrustPilot’s offering is based on the fact that customer service levels across the board are pretty inconsistent. Online purchases especially are influenced in part by appearances, with many e-shoppers still determining the trustworthiness of a company based on design and branding, or who appears first in Google.



TrustPilot is a Danish start-up. More here from Techcrunch.

TrustPilot.

Wednesday, November 19, 2008

Columbia Journalism Review on audiences and overload - much needed


Acquiring new information requires particularly focused attention, which includes the ability to ignore distractions. In order to absorb the information contained in a CNN newscast, for example, we must not only direct our attention to the person talking, but also filter out the running headlines, news updates, and financial ticker on the lower part of the screen. Torkel Klingberg, a professor of cognitive neuroscience at Karolinska Institute in Sweden and author of The Overflowing Brain, puts it simply: “If we do not focus our attention on something, we will not remember it.” In other words, attention is a critical component of learning.



Bree Nordenson in the CJR. It is always great to read a piece about the future of journalism that's about the audiences, and the sheer terrifying scale of the information sea now.