Consumers’ Need for Negative Product Information Before Reading Reviews

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2020-01-07
Authors
Hirschmeier, Stefan
Tilly, Roman
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Negative product-related information is crucial to consumers in purchase decisions. Consumers perceive negative information stronger than positive, and next to a stronger perception, consumers also have a high demand for negative product aspects, as these show the problem areas of a product and can help avoid losses. But negative product-related information is not available in the product search process until the customer reads reviews at a very late phase of the decision process. Even though we know about a bias in perception of negative information, little is known about the exact need for negative product-related information during the search process. We examine the need for negative product-related information throughout the purchase-decision process for different product types. Insights about the need for negative product-related information can inform ecommerce platform providers how to design a better product search on their site.
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Firm and User Generated Content in the Digital Economy: Key Players, Management and Impact, consumer decision making, hedonic product, negativity bias, user-generated content, utilitarian product
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10 pages
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Proceedings of the 53rd Hawaii International Conference on System Sciences
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Attribution-NonCommercial-NoDerivatives 4.0 International
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