Earlier quoted context omitted.
> And yet Amazon has no real interest in solving its counterfeit problem I don't get this Amazon hate. Weren't they the ones who originally came up with the idea for putting purchaser reviews with the product, and the 5-star rating system? It seems like their solution was to 'crowdsource' the problem. Now people have learned to game the system, but I buy plenty of electronics from amazon and from ebay, and I'm carefu…
purchaser reviews with the product No. Companies have been doing this for as long as there has been advertising and mail-order catalogs. Did Amazon do it on the web first? Unlikely, but cannot be proven. and the 5-star rating system Also unlikely. The five-star system has been around for at least a century. In digital form, I had it on one of the first web sites I built, around the same time that Amazon.com launched,…
As I linked elsewhere, Bloomberg seems to think they were the "first successful online retailer to embrace consumer views".