Saturday, 11 March 2023

New research explains why a bad first impression cost Google $100 billion—or more

New Research Explains Why A Bad First Impression Cost Google $100 Billion or More

New Research Explains Why A Bad First Impression Cost Google $100 Billion or More

According to a recent study by Harvard University, a bad first impression can be extremely costly for companies. In fact, it is estimated that Google lost $100 billion or more due to a negative first impression.

The research suggests that when people have a negative experience or impression of a company, they are less likely to engage with that company in the future. In Google's case, the negative first impression caused users to switch to other search engines, resulting in a significant loss of revenue.

What exactly caused the negative first impression for Google? It is believed that the company's search results were not as relevant or accurate as users would have liked them to be. This caused frustration and decreased trust in the company, ultimately leading to lost revenue.

It is important for companies to understand the impact of a bad first impression and take steps to avoid it. This includes ensuring that products and services meet a high standard of quality and addressing issues promptly to prevent negative experiences.

By taking proactive measures to create a positive first impression, companies can increase customer loyalty and ultimately drive growth and revenue.



https://www.lifetechnology.com/blogs/life-technology-technology-news/new-research-explains-why-a-bad-first-impression-cost-google-100-billion-or-more

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