A Quote by Tara Hunt on recommendations and social networks
...Forrester Research found that only 13% of consumers say they buy products because of their ads. Contrast that to 60% of small business owners in North America that say they use peer recommendations to make their buying decisions and over 70% of 18-35 year olds who report the same for their media purchases. With every new social network, the penetration deepens. People are getting savvier and savvier. Their bullshit compass is well-tuned. They don’t want a pretty picture, they want to have the FULL picture.
Source: How to Make a Gabillion Dollars with Community Marketing…or something to that effect: http://www.horsepigcow.com/2007/09/13/how-to-make-a-gabillion-dollars-with-community-marketingor-something-to-that-effect/
Contributed by: ~C4Chaos