Connect with us

Hi, what are you looking for?

Money Management

Why It’s Risky to Blindly Trust Online Reviews for Both Consumers and Businesses


Negative online feedback can severely impact businesses even if undeserved.

Online reviews have become a go-to resource for consumers to evaluate a business before engaging with it directly. However, the realm of online reviews is flawed, and many businesses have suffered as a result.

Aside from issues that have led some restaurant proprietors to protest against platforms like Yelp, online reviews are susceptible to manipulation in various unfair ways. A small business owner in Broken Arrow, Oklahoma, has cautioned other entrepreneurs after receiving what they perceive as “dubious” online feedback that could potentially ruin their business.

Rivals can vent their frustrations by posting negative reviews anonymously. It’s relatively easy for individuals to fabricate reviews, not to mention the bots that can be utilized for the same purpose. The situation has escalated to a point where the Better Business Bureau advises consumers to consider both positive and negative reviews while disregarding anonymous postings. Shannon Spainhour, the Director of Communications for Tulsa BBB, highlights the risks associated with anonymous reviewers, cautioning that they may be bots or paid-for reviews that should be avoided.

In a notable case from 2014, chef Davide Cerretini promoted a unique offer that granted customers a 25% discount on a pizza in exchange for leaving a one-star review on Yelp. The chef’s gesture was a form of protest against what he perceived as Yelp’s exploitative promotional strategies. Many businesses, especially in the food sector, heavily rely on reviews for their continued success. It’s crucial for consumers to understand how different types of media can influence a business’s reputation and to recognize which reviews are unjust and the reasons behind their bias.

You May Also Like

News

Peloton, known for their stationary exercise bikes and treadmills, has faced significant financial challenges over the past year. The company experienced a surge in...

News

Amid the ongoing global supply chain challenges, many retailers in the United States are grappling with surplus seasonal stock, leading to increased storage costs...

News

With the continuous increase in gas prices, a decrease in consumer confidence, and the ongoing conflict in Ukraine, the European economy faces significant challenges....

News

As the demand for electric vehicles grows and the push for environmental sustainability increases, automakers are gearing up to focus more on the development...

News

Today, Brian Armstrong, the CEO of Coinbase, conveyed to his team through a company-wide email that due to declining stock and crypto values and...

News

Recently, Peiter “Mudge” Zatko, a former cybersecurity specialist at Twitter, published a whistleblowing document on the platform. Zatko highlighted several security issues with Twitter,...

News

Zelle is a popular peer-to-peer payment service that allows individuals to send and receive money, similar to apps like Venmo. It is widely used,...

News

Recently, after Chinese President Xi Jinping secured a third term, there was a sharp decline in the stock market in Hong Kong. Investors became...