The Power of Open Consumer Feedback

In the dynamic new world we live in, we might almost be forgiven for thinking that we are enslaved by technology and run over on the information highway. Yet, the other way of looking at it is how technology and all those doses of free-flowing information have empowered us, in ways previously unimaginable.

Nowhere is this new power bestowed on us more pronounced than in the world of business and marketing. The Internet has given a whole new impetus to viral and word of mouth marketing; in fact, one could say that it has led to the resurrection of these age old marketing methods. Today, news about a company or business- both good and bad- flows so quickly and with such momentum that it has the potency to create or destroy businesses.

Businesses that don