Trustpilot Finds That Aussies Want Honesty & Transparency From Brands

Hands of unrecognisable businesswoman typing on her laptop.
B&T Magazine
Edited by B&T Magazine
SHARE
THIS



New research by Trustpilot has found that 49 per cent of Australians now consider a brand’s stance on social, political and environmental issues before buying products or services.

Additionally, 94 per cent believe that a brand’s honesty and transparency is important when it comes to purchasing decisions.

The research surveyed 1,000 Australian consumers and looked at the factors that may affect and impact a consumer’s purchasing decisions.

The results reveal that brands which ‘appear to be dishonest or boastful in their marketing’ by over-exaggerating their environmental impact were the biggest turn off for Australians.

  • This comes as 55 per cent (549) of respondents said it would make them unlikely to purchase from the brand.
  • The second highest, at 54 per cent (541) was brands that have ‘unfair or harmful practices’ against employees and suppliers.
  • Thirdly that brands that ‘ignore customer experiences and feedback at 51 per cent (514).

This suggests customer service remains a high priority to consumers, despite the shifting retail landscape from bricks-and-mortar to online.

The research also asked consumers where they go to find out independent information about a brand’s honesty, including its position on social, political and environmental issues before making purchasing decisions.

The top three sources were: social media (46 per cent), friends and family (45 per cent), user-generated reviews websites (43 per cent).

In contrast, 32 per cent of consumers said they would seek out this information from mainstream media such as TV and radio.

This reveals the growing power consumers now hold in influencing how other consumers spend, over more traditional sources.

Alicia Skubick, chief marketing officer at Trustpilot, said: “While more brands are working to reflect the big issues of the day by adopting ethical stances, this research shows that they need to not just act with purpose, but also with integrity — really understanding and representing the values of the customers they are trying to target.

“Our research gives brands a roadmap to honesty ensuring they connect to the growing numbers of consumers who want political, environmental, or sociological issues taken seriously.

“The reality is — thanks to the growing number of consumers sharing and seeking information from independent sources such as review platforms and social media — brands which aren’t acting with their customers’ values in mind now risk being left behind.”

“These days a business is no longer what it tells you it is, but what the consumers say it is.”

Cameron Buckley, country manager ANZ, said: “Australian consumers are now aligning themselves with brands that truly stand for something and act on their words, whether that is in relation to social, political and environmental issues. Australians expect more and are beginning to make brands more accountable on the issues that matter most to them.”

“This research outlines what matters most to Australian consumers and brands should take note that consumers are no longer only looking at the fundamental attributes of a product or service, and this provides an opportunity for brands to evolve their brand purpose in the new year.”

The research was commissioned by Trustpilot as part of its report, Brand integrity: the final frontier for marketing, which aims to find out how much consumers care about the honesty of brands they shop with.

In a world of declining trust and misinformation, Trustpilot works to connect businesses with consumers by gathering open, honest feedback, which helps consumers shop with confidence and businesses improve their service. The report comes as part of the company’s aim of becoming a universal symbol of trust.

Please login with linkedin to comment

brand trust Trustpilot

Latest News

Russel Howcroft Re-Signs To Stay With 3AW Breakfast Until 2026
  • Media

Russel Howcroft Re-Signs To Stay With 3AW Breakfast Until 2026

Australian media personality Russel Howcroft has re-signed a multi-year deal as co-host of 3AW’s Breakfast show, which will see him continue to partner Ross Stevenson on Breakfast for another four years. “’We are delighted Russ is committing to 3AW for the long term”, said 3AW station manager, Stephen Beers. “Ross Stevenson and Russel Howcroft have […]

PASADENA, CA – OCTOBER 10: Mel B attends NBC's
  • Media

The Masked Singer Is Back And It Is A Bonkers Extravaganza

10’s Masked Singer is gearing up to return, and what it lacks in seriousness, it makes up for in silliness and usually ratings. Masked Singer will be airing from Sunday 7th of August, and it is racing onto the scene after the success of 10’s Hunted. EP Tamara Simoneau chatted with B&T, about why 10’s […]

Icon Agency Rockets Into PRovoke APAC Fast Movers Rankings Top Five
  • Marketing

Icon Agency Rockets Into PRovoke APAC Fast Movers Rankings Top Five

Integrated communications firm Icon Agency has been ranked the fourth fastest growing agency in the Asia-Pacific, Middle East and Africa, according to the 2022 PRovoke PR Agency ‘Fast Movers’ rankings. Icon’s fee income for calendar 2021 grew 84.3 per cent, making it the fastest-growing and largest independent agency in Australia. The Melbourne-based indy was ranked […]

Tiger Brokers Offers Mullet Wigs And Free Tickets In Support Of Melbourne Storm
  • Campaigns

Tiger Brokers Offers Mullet Wigs And Free Tickets In Support Of Melbourne Storm

Tiger Brokers, an online broker for millennials and Gen Z, is offering fans the chance to win sideline seats to Melbourne Storm’s Round 21 clash against the Titans at AAMI Park (Friday 5 August 2022). The campaign has reached its peak, and now every Australian can also have the chance to win a Melbourne Storm […]

Fiftyfive5 Nabs Phil Steggals As Part Of APAC Expansion
  • Media

Fiftyfive5 Nabs Phil Steggals As Part Of APAC Expansion

Australian independent insight consultancy Fiftyfive5 has continued its expansion in the APAC region with the appointment of Phil Steggals (pictured) as head of consulting – APAC region. Phil was the ex-managing director of Kadence in Singapore where he built a team of 35 and delivered insight solutions for a wide range of clients, including Bloomberg, […]

MiQ Leaders Talk Cookie-less Future In Upcoming Conference
  • Advertising
  • Technology

MiQ Leaders Talk Cookie-less Future In Upcoming Conference

MiQ APAC CEO Jason Scott (pictured) and MiQ Solutions Consultant Belinda Cooper will address the ‘Big Picture Programmatic Future’ in a keynote address at the upcoming AdTECH:OOH Conference in Sydney on August 17. The AdTECH:OOH Conference returns to Sydney for the fourth consecutive year, as a key stop in the global event series, which includes London, […]

Monnet Cognac Launches In Australia At Dan Murphy’s
  • Marketing

Monnet Cognac Launches In Australia At Dan Murphy’s

Monnet Cognac, a globally renowned cognac crafted in Cognac, France, has officially launched in Australia and is available to purchase at Dan Murphy’s. Monnet is one of the most historical signatures of the Cognac region, and since its founding in 1838, has become known around the world for its ‘art de vivre’ (bringing people together […]