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Introduction
Introduction
millennial/s
Introduction
In the recent years, the boom and rise of new technologies like the broadband internet and Web
applications have rapidly amplified the numbers of consumer-generated media platforms, causing the
word-of-mouth communications to be converted into various types of computer-generated networks
and electronic communities[ CITATION Lee08 \l 1033 ]. A pool of opinions on products and services are
regularly articulated in the form of online customer reviews. At the same time, searching for relevant
information on a product has become a dispensable stage in the decision making process[ CITATION
Sig09 \l 1033 ]. The underlying belief is that consumers tend to rely on information about products and
services provided by other customers [ CITATION Sen04 \l 1033 ], indicating the power and
persuasiveness of online product reviews[ CITATION Lit08 \l 1033 ]. Consumers tend to rely more often
on peer reviews than the information being provided by business individuals since fellow customers are
more independent and trustworthy[ CITATION Wil93 \l 1033 ]. Moreover, customers are believed to
have no vested forms when posting online reviews and that there is no structured pattern for them to
post their own experiences on the internet[ CITATION Par \l 1033 ]
Along with the mounting dispersion of e-commerce, online product reviews have become
principal source of information for customers, manufacturers as well as retailers. Reviews and ratings
contributed by online consumers provide product information for potential consumers, therefore
reducing their uncertainty about the product [ CITATION Eng15 \l 1033 ]. Furthermore, the efficiency of
online reviews as a good substitute for overall word-of-mouth is well established, and is believed to
highly influence the customer’s purchasing decisions, their satisfaction and revisiting intentions as well
as the sales [ CITATION Zhu10 \l 1033 ]. On the other hand, online manufacturers and retailers have
progressively rely on customer feedback to further enrich their marketing strategy, adjusting product
listings, and to create additional revenue[ CITATION Che08 \l 1033 ].
Inter-active technologies, social networking and the internet are enabling Millennials to be more
active in the formation and development of products and brands. Word-of-mouth circulates around the
world nowadays. This certain generation wants to have input relating to all aspects of a product or
services, even its promotions. Successful dealers should readjust their strategies in order to positively
engage these vocal consumers[ CITATION Kat11 \l 1033 ]. Internet-driven consumers are ready to grab
purchase opportunities if the digital messages are appealing to them, or reject/shun a product if the
message or reviews displeases them.
Hence, the researchers of this study aims at gaining a more comprehensive understanding of the
impacts of online product reviews on the consumer’s buying behavior and decision making. It is
generally accepted that online reviews have either positive or negative effects on a products reputation
and, consequently, to enhance or detract potential consumers.
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