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Thursday, April 03, 2008

Trust in Peers Trumps the "A-List," Study Finds

There's an ongoing debate online and in marketing circles as well over who "matters": the super node influencers or basically anyone that a particular peer group looks to for information, entertainment, inspiration and more.

This meme got kicked around in the 'sphere a few weeks back when Duncan Watts released some research that contradicts Malcolm Gladwell's theory outlined in The Tipping Point. Today, however, there's new data that to me may just reveal that Watts is right. The key factor, once again, all comes down to trust. This comes as more of the action shifts to micro communities like Twitter or Friendfed and the quality of blog content, some say, slides downhill.

Mediapost reports that a new study from Pollara found that people who engage in social networks and communities put far more trust in friends and family who are online than in popular bloggers, or strangers with 10,000 MySpace "friends." Nearly 80% said they were very or somewhat more likely to consider buying products recommended by real-world friends and family, while only 23% reported being very or somewhat likely to consider a product pushed by "well-known bloggers."

This new batch of data largely backs up what my employer's Edelman Trust Barometer found earlier this year. Some 58% of opinion elites 35-64 in 18 countries said they trust "a person like me." Meanwhile, only 14% trust bloggers - a figure that has largely remained flat since 2006. (See chart below from our latest study.)

Edelman Trust.jpg
Source: 2008 Edelman Trust Barometer

On a similar thread, Louis Gray, who's blog by the way is amazing, crunched some numbers and he found that the top tech blogs extended their reach in feed subscribers as well as on the TechMeme leaderboard. That may be true, but who cares?

The question of targeting super nodes vs. smaller groups is all coming down to trust. While the marketplace - both marketers and publishers - continue to focus on reach, they are missing the big picture. Trust is by far a more important metric, one that clearly rules when it comes to influence.

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