Bazaarvoice
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Press Release
Over half (53%) of consumers say they trust generative AI to at least some extent
AUSTIN, Texas, Oct. 26, 2023 – Bazaarvoice, Inc., the leading provider of full-funnel authentic user-generated content (UGC) solutions, today released its latest research, based on a survey of more than 9,000 respondents around the world. The report explores consumers’ trust of generative AI, and if they would find it useful in assisting with writing product reviews. This report is being released in conjunction with the announcement of Bazaarvoice’s AI Center of Excellence, an internal team consisting of all key disciplines, which was created to provide company-wide guidance and leadership on all things AI. Their goal is to drive not just product innovation, but also to ensure we are building things safely and securely.
“AI has the power to improve our lives in an almost countless amount of ways,” said Colin Bodell, Bazaarvoice CTO. “Bazaarvoice has been using AI and machine learning in our technology and offerings in various ways over the past decade. We also have several new offerings that utilize AI such as Content Coach, which suggests product-specific topics for consumers to write about in their reviews based on other relevant product reviews. This helps to ensure that higher-quality reviews are being written.”
Global survey highlights include:
See more research in Bazaarvoice’s latest blog.
“AI is an incredibly powerful and vibrant tool, but it’s just that – a tool, not a strategy. With that in mind, brands and retailers need to find strategic applications for this tool,” said Zarina Lam Stanford, Bazaarvoice CMO. “While utilizing AI to its fullest extent, brands and retailers must ensure authenticity is practiced to protect brand safety, integrity, and equity. Trust is the most precious currency and AI should not ever be used to replace the genuine and authentic voices of consumers.”
Research methodology
The research was commissioned by Bazaarvoice and conducted in July 2023 by Savanta among 9,080 consumers from Australia, Canada, France, Germany, the U.K., and the U.S.
About Bazaarvoice
Thousands of the world’s leading brands and retailers trust Bazaarvoice technology, services, and expertise to drive revenue, extend reach, gain actionable insights, and create loyal advocates. Bazaarvoice’s extensive global retail, social, and search syndication network, product-passionate community, and enterprise-level technology provide the tools brands and retailers need to create smarter shopper experiences across the entire customer journey.
Founded in 2005, Bazaarvoice is headquartered in Austin, Texas, with offices in North America, Europe, and Australia. For more information, visit www.bazaarvoice.com
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