You’ve got to love these surveys that get published that demonstrate, with stats, that your initial hypothesis all those years ago is now starting to manifest. The trick is all about the timing and riding the wave, launching to market at exactly the right point. Imagine you’re a surfer – catch the wave (trend) and go for it!

The spot in question came via InternetRetailing.net who spotted the survey from LinkShare (no they’re not getting a link as I can’t see where they published the survey!), whose findings indicated that 81% of people are now doing research online before buying a product!. That’s a phenomenal amount of individuals who want validation before making any purchase.
92% of people said they have more confidence in the information online than they do in high-street store assistants. Not unexpected considering the average person giving advice has always had to read the brochure in front of me when I asked about anything more than what was on the label. It also mentions that more people expect to shop online generally as they tighten their purse strings and seek out the best deal for that heavily researched products.
So how are people currently doing this online? Good question damn it!
- 75% price comparison engines
- 69% user review sites
- 66% professional review sites
- 55% loyalty / voucher sites
Of course, most people probably start with Google in the first place.
People like Bazaarvoice are leading the way in implementing user reviews on merchants’ own websites, which adds to the massive pile of general user review and expert review sites out there on the web. Add the wealth of conversation taking place in twitter, facebook, and friendfeed around what products to buy – and you’ve got an immensely fragmented marketplace for this behaviour.
Now if only Crowdstorm can do what it set out to do… is it time to ride the wave yet?