Monday, September 17, 2012

Re-Post / That's Progress

That's Progress! More Fake Reviews Coming

            
It can’t have been long after the first cavemen offered up grunts of approval or disapproval that someone had the bright idea of paying for good reviews. It’s cheap, it’s efficient, and best of all: it’s dishonest! Sure you’re basically lying to consumers, but tricking the gullible is half the fun, isn’t it? Movie marketers have elevated the fake review to an art form.
Needless to say, social media has taken the fake review phenomenon to the next level. According to a report from Gartner titled “The Consequences of Fake Fans, ‘Likes’ and Reviews on Social Networks,” “enterprise spending on paid social media ratings and reviews” (that’s a nice way of saying “fake reviews”) will increase over the next few years: by 2014, the research outfit predicts that 10%-15% of all online reviews will be fake.
Jenny Sussin, a senior research analyst at Gartner, stated: “Many marketers have turned to paying for positive reviews with cash, coupons and promotions including additional hits on YouTube videos in order to pique site visitors' interests in the hope of increasing sales, customer loyalty and customer advocacy through social media ‘word of mouth’ campaigns.”
There are, of course, some legal questions which arise when marketers hire people to pose as ordinary, unpaid reviewers. Gartner also predicts that at least a handful of Fortune 500 brands will probably run afoul of the U.S. Federal Trade Commission by 2014. The FTC decided back in 2009 that paying for positive reviews without disclosure constituted deceptive advertising, which can be punished with fines.
In August 2011 I wrote about software created by four Cornell students to identify fake online hotel reviews. The students described their efforts to combat “opinion spam” in a report titled “Finding Deceptive Opinion Spam by Any Stretch of the Imagination.” Overall, the Cornellians claimed their software is able to spot fake reviews 90% of the time, versus just 50% for human subjects, focusing on fake positive reviews and irrelevant comments which, say, post links to other Web sites for promotional purposes. With this focus in mind, the authors said roughly half of all online hotel reviews are fake -- four times the proportion guessed by human subjects (who estimated fake reviews as 12% of all reviews).


Read more: http://www.mediapost.com/publications/article/183209/thats-progress-more-fake-reviews-coming.html?edition=51252#ixzz26lVUa3lg

My Comments:  Chris Verzello

Having spent 3 years @ Technorati in the early years of blog marketing, it was always very apparent that positive posts were "For Sale".  Izea, formerly Pay Per Post was at the top of the heap, when it came to a straight transaction payola and media coverage.

The whole reason blogs became important in the first place, was the bias reporting of Fox, and other pro RNC publications / media companies, who essentially moved the White House agenda forward, making it "fact" through the media channels.  Blogs like Huffpo became famous by offering an independent voice to the media channels.  Trust was formed with independent journalists / bloggers & readers.  Now, this is the biggest sham.  Seems like brand dollars have the most influence, and the independent journalist is just a voice for hire... What a shame on bloggers. 

I have never really believed in paid blogger outreach, and feel that is has corrupted what was once pure.  Shame on all those blogger who "whore themselves out" for a few bucks.  I think the going rate is around $5-20 per paid post.  Not a lot of money to sell our for...

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