June 22, 2009 by George Eberstadt
Word-of-mouth has a radically greater impact on purchase behavior when it comes from friends than from strangers (like bloggers), according to a Mintel survey of buying behavior, just cited in eMarketer,
eMarketer says: “While bloggers may bring buzz to a product, converting the buzz to sales is another matter.”
“It’s interesting to find that as much time as we spend online, we still prefer a personal recommendation from someone we know and trust,” said Chris Haack of Mintel.
Here’s their data: