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The company was founded in 1998 by Jim Hood, an Associated Press executive, editor and reporter, as an easier way of collecting consumer opinions. [10] In 2010, the company was purchased by Zac Carman as an "opportunity to turn customer complaints into an opportunity for brands." [11] They moved to Tulsa, OK in 2010. [12]
Customer feedback management (CFM) online services are web applications that allow businesses to manage user suggestions and complaints in a structured fashion. A 2011 study conducted by Aberdeen Group showed that companies using customer feedback management services and social media monitoring have a 15% better customer retention rate.
The vast majority of complaints — 99.6% of them last year — get a timely response, according to the bureau. In about 41% of cases, consumers get some sort of formal relief, while in another 53 ...
Trustpilot Group plc, is a Danish consumer business operating a review website founded in Denmark in 2007 which hosts reviews of businesses worldwide. Nearly 1 million new reviews are posted each month. [2] The site offers freemium services to businesses. [3]
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A customer review is an evaluation of a product or service made by someone who has purchased and used, or had experience with, a product or service. Customer reviews are a form of customer feedback on electronic commerce and online shopping sites.
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related to: consumer feedback website