It used to be that consumers who were looking for feedback on products and services went to their local Attorney General, newspaper or TV news station. Sometimes a consumer report magazine would be released with reports on the various products and services and their ratings. However, as the world becomes more technical so does the way that consumer reports are made and that is exactly what is happening with Facebook.
Facebook has taken over much of people’s lives. People rely upon it for daily updates on their friends and family, sharing photos and playing games. However, it has also turned into a way for people to share their experiences, both good and bad, about companies.
Members of Facebook who have problems with a product or a service are allowed to create what are known as fan pages. These pages allow other Facebook users to join up and talk about what is going on. In regards to the issue of consumer reports, many people who have bad experiences with a company or product will join up with these groups and share their experience. They will then turn and share the link to that page with other friends and family members on Facebook and the reputation will spread.
While a company or business, might not believe that this type of consumer reporting can harm their company consider this. A new customer who has no interactions with your product searches Google or Facebook and comes across a fan page with thousands of bad experiences. This is most likely going to sway that consumer one way or another.
Companies that wish to stay on top of issues and consumer opinion would do well to realize the impact that Facebook has on consumer reporting and integrate it somehow into their business plan or public opinion poll somehow. Facebook is the wave of the future in all aspects, including consumer reporting.

