I would like to start with a disclaimer. I have long admired Apple designed products even though I have never owned an Apple product. Every time I would get an interest in buying one and come to a store to try them, I would find them disappointing, as very enthusiastic Apple supporters seem to create expectations, that are very difficult to meet. I am also an admirer of Steven Jobs, perhaps because I have never met him in person . However this writing is not about my personal opinions, but a comparative analysis of market intelligence produced by our algorithms, based on customer generated content or Word of Mouth, and some additional external information sources that will be specified as I sight them.

Two latest Apple products are generating a lot of press and some of it is decidedly negative – iPad and iPhone 4. This writing will focus on the analysis of the iPad devices. When you try do “comparative” analysis one starts with a list of products to compare and iPad makes it very difficult as it seem to be positioned to compete with e-readers as well as tablets. The tablets category definition presents us with yet another challenge, so for the purpose of this analysis I decided to compare iPad with popular e- or digital book devices as well as some tablet devices that do not have a physical keyboards. Some popular retail website offer a very useful hint to see what percent of people who looked at a product actually purchased it, and if not what was the product they did, however in the case of iPad or Kindle such information was thoughtfully removed from every site I have checked. I also am very disappointed not to find any customer reviews on the Apple store website. It is very hard to believe that none of over 3 millions of  iPad customers did not write about their product experience on the manufacturer store site. The only possible explanation of that can be found in accusations that Apple actually censors the iPad customer discussions the same way as they accused of doing for iPhone4 here and here. It is very disturbing if it is true.

So here is the list of products I have decided to compare in terms of them meeting their customers expectations. You can make it larger if you click on the report.

Here is the scale legend for better understanding of the report.

iPad did not meet expectations of their customers, who wrote the reviews with 53% reported negative experiences (0.91) related to Reliability, and 65% of comments about Support were negative (0.94). To be fair, the customers are overwhelmingly impressed with screen readability (100% rated 1.81)  and usability of the device (96% rated 1.53).

I know the Apple just reported 78% increase in profits, but with 63% of their flagship product customers reporting that its value did not meet their expectations (0.98), I can’t help but wonder how long it would take for Apple to start loosing it’s “freshness”.

This video demonstrates how a registered user can extract a “Deep Dive” attribute analysis for a specific product.

This is an example of how our algorithms translate qualitative data (Word of Mouth, Customer Feedback, Voice of Customer) into quantitative, structured information. Our customers are using this tool to do pre-survey research, to identify the questions the subsequent survey validation.

Chris Haughey, The Amazing Marketing Machine, is testing and experimenting with our Market Intelligence Reporting to assess its methodology, accuracy and utility. He was very kind to let me publish his perspective on DVD/Blu-ray market segment.

DVD and Blu-ray devices analysis by Chris Haugley

This time we analyzed Blu-ray Disk Players. As of this date we monitor 56 products in this category and analyzed 6,482 reviews written by their customers. However some of these products have not accumulated enough reviews to produce statistically representative and accurate metrics, so we filtered them out of the competition. The second round disqualified any product that failed to meet Customer Expectations with its Functionality, Reliability or Support.

Sylvania NB530SLX Blu-ray disc player wins 2010 Piplzchoice Award

This week we analyzed Digital Picture Frames. As of this date we monitor 192 products in this category and analyzed 18,427 reviews written by their customers. However some of these products have not accumulated enough reviews to produce statistically representative and accurate metrics, so we filtered them out of the competition. The second round disqualified any product that failed to meet Customer Expectations with its Functionality, Reliability or Support.

Portable USA PU-10W
2010 Piplzchoice Award winner
26.8% above average Customer Satisfaction in its Category
The winners are chosen by their customers

Below is the list of the runner up products

2010 Piplzchoice Award for Digital Frames

and a sample of the Customer Satisfaction Index distribution from average for the best and the worst performers
Digital Frames Reputation – Deviation from average CSI

This week we analyzed Customer Reviews for Bluetooth Headsets. As of this date we monitor 30 products in this category and analyzed 2,977 reviews written by their customers. However some of these products have not accumulated enough reviews to produce statistically representative and accurate metrics, so we filtered them out of the competition. The second round disqualified any product that failed to meet Customer Expectations with its Functionality, Reliability or Support.

Motorola H680
2010 Piplzchoice Award winner
44.5% above average Customer Satisfaction in its Category
The winners are chosen by their customers

For full list of products in this category and Customer Reviews used for this research, select “Accessories & Supplies > Telephone Accessories” Category in Product Reputation Market Intelligence Reporter on this site. The is only one runner up in this category – Jabra EXTREME Bluetooth Headset as the rest of the products failed to clear our filters.
2010 Piplzchoice Award for Bluetooth Headsets goes to Motorola H680

As any business seeks to better understand customer needs and behaviors, it’s no secret that Social Media has opened more doors to CRM opportunities than ever before.  Last week while reading a recent marketing blog, I was amazed to observe that the writer failed to suggest the current trend of social networking as a frontline method for creating a relationship with customers.

Like never before, Social Media is providing a colossal platform allowing us to hear what our customers are saying.   It is quickly becoming one of the best ways to engage a customer and gain valuable insight into their experience with our products as well as those of our competition.  Are you listening?

This explosive technology could permit any business to identify competitive threats or opportunities through information that might not otherwise be detected without listening to thousands of customers.  Historically, formal focus groups were utilized as the most common means of collecting this data in-person from the end user.  Perhaps one could imply that today social media is quickly becoming the new “focus group”.

Consider for a moment that while traditional focus groups draw in customers to discuss their experiences, so are Social Networks providing the same information.  Is there really a significant difference?  The value of a focus group depends largely on quality of questions posed to the participants with all the biases that are incorporated into a question. The main disparity is that social media presents a very public review of a product or company’s benefits and even shortcomings.  However, we must not ignore the exponential numbers of consumers who are vocalizing this valuable data.  It is often more candid than any focus group could provide.

Getting connected with them is just part of the solution.  Connecting & engaging within these social mediums is relatively easy part.  Nevertheless, just like any other ‘marketing” effort, its success is not realized without measurement.  Therefore, the opportunity exists in figuring out what to do with the unstructured data.

Fortunately there is technology available to “interpret” this valuable data. Utilizing a multi-dimensional analysis, we convert various forms of feedback into an actionable plan then we take it one step further.  We are examining customer ratings across the market of nearly 20,000 products.  Many of the companies who have attempted their own translations had to invest very significant amounts of money into text mining implementation projects that allow handling feedback about only their own products.  With more than 2 million reviews, our database can deliver satisfaction scores from real world consumers about your products as well as that of your competition.

Self help author and motivational speaker, Robert Kiyosaki,  was quoted last year as saying ‘I am a bit old to focus on social media now but I spend an average of two hundred thousand dollars monthly through hired employees or consultants on social media, online reputation etc’.  While the use of social media as a marketing tool is still in its early stages, let’s not ignore this novel opportunity to act on customer feedback.

This week we analyzed Customer Reviews for Photo Printers. As of this date we monitor 180 products in this category and analyzed 14,627 reviews written by their customers. However some of these products have not accumulated enough reviews to produce statistically representative and accurate metrics, so we filtered them out of the competition. The second round disqualified any product that failed to meet Customer Expectations with its Functionality, Reliability or Support.

Piplzchoice award for Photo Printers goes to Canon IP90v

This week we have introduced a new functionality to our site. Registered users can now compile, save and monitor their personalized lists products regardless of their categories association.

The following are examples of use:

1. A Product Manager, who is responsible for a ipod docking station and a computer speakers, can now assemble both products into one list for monitoring and reporting. In the past she would need to produce two reports from respective categories;

2. A Brand Marketing Manager, who researches competitive landscape of Tablet computing devices, can select and save a specific sub-set of this category that is pertinent for his analysis. In the past he would have to filter out the products outside of his desired data set every time he would want to export the report.

The management of personalized product list can be done from the PRMIR

or by clicking on Create New Product List link on MyAccount/MyList form as seen on the top screen shot. That action will open dialog offering a user to save the new list name and a form we you can search, and add products to the list.

Thank you for providing your ideas for improvements and keep them coming.

Clay Shirky once said in on of his presentations – “There is no information overload – it is filters failure”

Some people complain that the Internet has created overwhelming volumes of information.  Is there really too much information about objects of interest or is the perception of overwhelming volume actually misstated? Perhaps the issue is not quantity but level of quality. It is a matter of perception and focus; the ability to discriminate signal from background noise.  Both producers and consumers care about what is said about a product or service equates to dollars or pounds or yen because positive statements will usually translate into higher demand.  It is ironic how growing numbers of sophisticated product producers and consumers are tapping into the same information stream that has only recently come out of emerging social networks; a kind of digital crowdwisdom.

Whether consumers are overwhelmed by the amount of product information or just lazy, many consumers apparently prefer the conversation threads shared by digital “friends” in their social network over search engine result pages generated by a product’s keywords and metadata tags. There is a very human tendency to seek out the opinion or advice of a “social herd” of like-minded people with similar values, interests, and needs.  It is more than just a contemporary cynicism of Madison Avenue hype and infomercial verbiage. Following the “virtual herd” may at first sound like a derogatory statement but it is in fact fair and descriptive.  Herding is an adaptive trait that fosters very important social behaviors. Though it can, if carried to an extreme like lemmings jumping off a cliff appear pointless, following a “digital” herd saves time and minimizes personal risk. Whether inexperienced or as mentioned above, overwhelmed by too much information, “attending” to what the other member’s of one’s social circle say, do, or prefer is like a filtering device. Some people feel that the wider their circle and the greater the consensus toward a selection, the less risky their final choice. This filtering is especially cost-efficient. A consumer, after finding a common and comfortable social niche, has to neither spend additional time nor effort to select objects of value or need; they just follow the Word-of-Mouth recommendations of their trusted circle and their satisfaction is guaranteed.

Sophisticated product producers recognize that tapping into these social niches, if they can find them, provide free and truthful evaluations of what is right and wrong with their product line.  Crowdwisdom would appear to reflect unsolicited, and therefore one hopes, unbiased evaluations of many different facets of a product. If postings in some niche social network discuss a product, its reputation, and its brand over some reasonable time frame, a producer could conclude the data is accurate rather than misrepresented, for example, by a competitor’s planted remarks or their own staff trying to “market” company goods. They could conclude it is balanced rather than atypical and biased when, for example, a single irate customer monopolizes bandwidth with redundant rants.  Producers who cast their virtual nets over social networks to catch real-time comments must follow the best practices in statistical sampling and testing of experienced psychologists and trained sociologist. Crowdwisdom is not necessarily wise but it is, when collected carefully, extremely relevant. Especially in this digital age where many people struggle to find the signal in all the noise, it is cost-effective and an adaptive trait that minimizes personal risk. It doesn’t matter whether or not you trust or even like everyone in your social circle, if the group hangs out at a particular water hole, it must be safe to go there to drink.