PowerReviews (www.powerreviews.com), a leading provider of customer reviews and social commerce solutions, announces BrandConnect, a new suite of relationship-building products that drives deeper customer commitment, stronger word-of-mouth and greater overall sales for consumer brands.
According to recent findings from the 2009 Community and Social Media Survey by eTailing Group and PowerReviews, brands are more focused than ever on leveraging social tools to connect with their customers. In fact, 75 percent of respondents said that brands in their categories have been much more or somewhat more aggressive in their use of social media in the past six months. The study also found the number one reason marketers are aggressively adopting social media is for “greater customer engagement”, followed by “building brand loyalty” and “mobilizing their advocates to drive word-of-mouth”. Interestingly, the study found the number one concern of marketers in regards to social media is “people can trash my products in front of large audiences” which is a major driver in their wanting to get out in front of this issue.
“What’s compelling about social media is it presents a real-time opportunity to manage reputation, engage with customers and connect consumers with similar interests,” said Andy Chen, CEO of PowerReviews. “BrandConnect captures this opportunity for brands – and the retailers that sell them – and as a result, enables them to turn their customers into a powerful word-of-mouth sales force.”
The BrandConnect Suite consists of two offerings: Listener and Megaphone. Listener is a social listening and analytics tool built on broad-based consumer feedback that enables brands and retailers to track, understand and act on fast-rising issues and opportunities coming out of customer communities. Unlike other social listening tools on the market, Listener is the only product that utilizes Structured Listening to aggregate consumer feedback resulting in highly accurate trend and comparative analysis. Structured Listening is based on PowerReviews’ tag-based capture technology, which drives the aggregation of structured social feedback for maximum accuracy, weighting and insight.
Key features of Listener include:
• Segmented consumer insight using product-specific consumer lifestyle segments in more than 2600 categories.
• Head-to-head competitive product assessments, and brand category assessments, from the consumer’s perspective.
• Real-time tracking of “Detractors” to minimize the impact and velocity of negative word-of-mouth.
• Real-time “Watch List” and alerts for tracking key products and programs.
• Keyword-based alerts to track fast-rising product issues, topic-specific marketing/merchandising copy opportunities and suggestions for product improvements.
The second product in the BrandConnect Suite is Megaphone. According to a survey of 112,000 people by Powered Inc in 2009, 65 percent of users are more likely to purchase products they learned about through social media. Megaphone harnesses a brand’s customers – and their followers - to quickly and effectively spread the word on the Brand and its products. Specifically, Megaphone encourages consumers - at the time they’re most likely to share their opinions - to publish their product reviews on Facebook, Twitter and blogs.
For example, Megaphone’s Facebook sharing feature works in the following way:
• Reviewers are notified of the opportunity to share their review on Facebook while they are actually writing the review on the Brand’s website (in effect, encouraging them to write a more complete and helpful review).
• Once the review is submitted, the user clicks on the “Connect with Facebook” button and logs into Facebook (utilizing Facebook Connect functionality), if they are not already.
• After connecting to Facebook, the user can preview the post and add a short comment introducing the review. The user then clicks “Publish” and the review is immediately posted on their Facebook wall.
• Importantly, the review is posted as a “snippet” – just the first line or two of the review – with a “read more” link that takes the friend directly to the product page on the Brand’s website with the full review on top.
As a result, in addition to engaging existing customers with an option to publish their opinions to friends, Megaphone drives traffic and sales for the brand or retailer that initially sold the product.
About PowerReviews
PowerReviews (www.powerreviews.com) provides customer reviews and social commerce solutions to retailers and brands. The company’s innovative tag-based approach to collecting, organizing, structuring, and moderating reviews significantly boosts product sales, driving the highest sales uplift in the industry. PowerReviews works with over 800 retailers and brands on over 2600 websites, including Staples, REI, Drugstore.com, Gardener’s Supply, Diapers.com, Callaway and Jockey. In addition to its Enterprise solution, PowerReviews offers an on-demand solution for small- and medium-sized businesses called PowerReviews Express (www.powerreviewsexpress.com). PowerReviews also operates a product reviews and recommendation site for consumers, called Buzzillions.com (www.buzzillions.com).