Industry leaders join forces to strengthen the integrity
of social content
Bazaarvoice
(NASDAQ: BV) and the Word of Mouth Marketing Association
(WOMMA) today announced
they are joining forces to develop new industry standards
to strengthen the integrity of consumer-generated review
content. Brands around the globe recognize that the
authentic voice of consumers drives business - and
consumers trust these opinions over other forms of content
including advertisements and editorial reviews. The new
standards ensure social content continues to benefit brands
and consumers by remaining transparent and accurate.
Founded on the premise of "changing the world, one
authentic conversation at a time," Bazaarvoice powers
genuine and transparent conversations for their clients
around the globe. A partnership with WOMMA - the standard
bearer of word-of-mouth marketing - is a natural extension
of that ongoing objective. Both parties share a central
mission of creating an environment of trust between
consumers and marketers. WOMMA's Ethics Code is a
cornerstone of the principles that built Bazaarvoice. The
new set of standards is slated for release later this year.
Illustrating their commitment to authenticity, Bazaarvoice
announced the appointment of Jim Houlihan as director of
Authenticity. Jim brings 17 years of experience in fraud
prevention strategies, operations and investigations from
leading companies like Home Shopping Network, Dell
Financial Service and Citi prior to his role at
Bazaarvoice. As director of Authenticity, Houlihan is
responsible for driving policy, technology and processes
ensuring content is unique, unaltered and transparent.
Comments on the News
-
"Bazaarvoice has been committed to authenticity since day
one. We have a tremendous track record in educating the
industry on the power of authentic reviews - taking on
issues like editing consumer-generated content, which we
have always been firmly opposed to. The partnership with
WOMMA is an important next step in addressing the
industry-wide challenges around authenticity and ensuring
that consumers and brands continue to benefit from
authentic consumer conversations about products and
services." - Brett Hurt, CEO, Bazaarvoice.
-
"WOMMA has always been an advocate for practices and
policies that promote an environment of trust between
consumers and marketers. This partnership with
Bazaarvoice not only creates an actionable tool to
promote honesty and transparency, but also sends a clear
message to consumers and brands that ratings and reviews
will remain a powerful tool for informing consumer
behavior." - Suzanne Fanning, president, WOMMA.
-
"Product reviews are some of the most valuable content
online, and WOMMA and Bazaarvoice are taking a strong
stand on behalf of the brands and consumers who use this
content every day."- Jim Houlihan, director of
Authenticity, Bazaarvoice.
About WOMMA
WOMMA, http://womma.org, is
the leading trade association in the marketing and
advertising industries that focuses on word of mouth,
consumer-generated and social media platforms -- or
marketing techniques that include buzz, viral, community,
and influencer marketing, as well as brand blogging. The
organization is committed to developing and maintaining
appropriate ethical standards for marketers and advertisers
engaging in such marketing practices, identifying
meaningful measurement standards for such marketing
practices, and defining "best practices" for the industry.
Founded in 2004, WOMMA members include marketers and brands
that use word of mouth marketing to reinforce their core
customers and to reach out to new consumers; agencies that
deliver word of mouth services and technologies;
researchers that track the word of mouth experience; and
offline and online practitioners.
About Bazaarvoice
Bazaarvoice, a leading social software and data analytics
company, brings the voice of customers to the center of
business strategy for more than 700 global clients like Best Buy, Costco, Dell, Macy's, P&G, Panasonic, QVC, and USAA.
Bazaarvoice helps clients create social communities on
their brand websites and Facebook pages where customers can
engage in conversations. These conversations can be
syndicated across Bazaarvoice's global network of client
websites and mobile devices, which allows manufacturers to
connect directly with customers. The social data derived
from online word of mouth translates into actionable
insights that improve marketing, sales, customer service,
and product development. Headquartered in Austin, Texas,
Bazaarvoice has offices in Amsterdam, London, Munich,
Paris, Stockholm and Sydney.www.bazaarvoice.com, read
the blog at www.bazaarvoice.com/blog.