{"id":5505,"date":"2013-09-30T09:00:00","date_gmt":"2013-09-30T13:00:00","guid":{"rendered":"https:\/\/www.wework.com\/creator\/?p=2619"},"modified":"2020-03-30T19:12:14","modified_gmt":"2020-03-30T23:12:14","slug":"why-your-business-should-know-about-pearl","status":"publish","type":"post","link":"https:\/\/www.wework.com\/ideas\/professional-development\/why-your-business-should-know-about-pearl","title":{"rendered":"Why your business should know about PEARL"},"content":{"rendered":"<p>All business verticals have their own mechanics, some of which aren\u2019t as obvious from the outside looking in. I\u2019ve spent the last 8 years in the wonderful world of ratings, where the acronym PEARL is an easy way to remember an important mechanic. The great thing about PEARL is that it applies to any situation that connects a consumer to a positive experience.<\/p>\n<p>When looking at Yelp, TripAdvisor, RottenTomatoes, Angie\u2019s List and the dozens of other destinations that surface user opinion, you might be hard pressed to say what\u2019s \u201csticky\u201d about those platforms. There are no photos of cats for you to share, no updates about your niece\u2019s first steps, and no stream of selfies from your friends.<\/p>\n<p>Reading reviews of nail salons is probably not what you like to do in your spare time. Yet, 3 of those companies went public last year and the 4th is one of the most trafficked sites across both web and mobile.<\/p>\n<h3>What&#8217;s\u00a0PEARL?<\/h3>\n<p>That\u2019s where PEARL comes in. PEARL stands for <strong>P<\/strong>ositive <strong>E<\/strong>xperience <strong>A<\/strong>nd <strong>R<\/strong>ecommendation <strong>L<\/strong>oop. Think of your friend who makes great restaurant recommendations. It all started the first time he or she came to you and said \u201cyou\u2019ve got to try that Italian place on 7th Avenue.\u201d You went there a few weeks later and loved it. Now you call that friend whenever you have a question of where to eat.<\/p>\n<p>Your emotions around the great experience and the source that led you there are now tied together. The recommendation was the Italian restaurant, the positive experience was the great meal, and the loop is your subsequent return to that source. That\u2019s PEARL in action in real life.<\/p>\n<p>Now let\u2019s take a look at your digital life. If a website or app provides ratings that help you make a decision, and that leads to a positive experience, you\u2019ll return to that platform the next time a similar decision presents itself. If it\u2019s picking a movie, it might be Rotten Tomatoes. If it\u2019s finding a nice hotel, it might be TripAdvisor. If it\u2019s selecting a great product, it might even be my app, <a href=\"http:\/\/www.consumr.com\/\">Consumr<\/a>.<\/p>\n<p>Of course it\u2019s not easy to make good recommendations. It means building up trust, having a deep source of actionable data, and proficiency in quality assessment. But connect someone to a great experience and they\u2019ll be sticky on you when those decisions surface again in the future.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>All business verticals have their own mechanics, some of which aren\u2019t as obvious from the outside looking in. I\u2019ve spent the last 8 years in the wonderful world of ratings, where the acronym PEARL is an easy way to remember an important mechanic. The great thing about PEARL is that it applies to any situation [&hellip;]<\/p>\n","protected":false},"author":884,"featured_media":33621,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[43902],"tags":[],"class_list":["post-5505","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-professional-development"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.4 (Yoast SEO v25.3.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Why your business should know about PEARL<\/title>\n<meta name=\"description\" content=\"PEARL applies to any situation that connects a consumer to a positive experience. 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