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IGNITE THE BUZZ: THE ESSENTIAL 30 FACTS AND INSIGHTS ABOUT WORD OF MOUTH, BUZZ, SOCIAL, VIRAL & OTHER THINGS PEOPLE NOTICE & TALK ABOUT Queen’s Park Presentation December, 2007
It’s Was a Long Movember… November Stretch Goal Objective Minimum Goal 1st 31st Quality Of  Moustache Final  Position Support Sean Moffitt’s Pity ‘Stache  @  www.Movember.ca PROGRESS CHART
A Wishful December…
Our Expertise:  Word of Mouth (WOM) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Agent Wildfire – Canada’s Word of Mouth Firestarter
Wiki Brands - Mass Collaboration Gone Marketing
Why Government & Word of Mouth? ,[object Object],[object Object],[object Object],[object Object],[object Object]
Are You Ready  To Become Word of Mouth Evangelists?
i. WORDS ARE IMPORTANT
Agent Wildfire Key Belief #1– The Power of Word of Mouth  “ The clear and away strongest predictor of a company’s growth rate is “would you recommend this to a colleague or friend?” Fred Reichheld, Bain Fellow and Author, The Ultimate Question – Driving Good Profits & True Growth
ii. WORDS ARE GETTING MORE IMPORTANT
More Than Ever, We Listen to Our Friends
iii. Why is Word of Mouth Back in Vogue?
 
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],“ The Perfect Brand Storm”
 
 
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
iv. What does “Word of Mouth Marketing” mean?
Two Camps of Word of Mouth ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
v. What Types of Word of Mouth Exist?
This is Not Your Parent’s Word of Mouth …
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Nine Types of Word of Mouth
Excitement Intimacy Broader Audience Targeted UGC/CGM BUZZ VIRAL SOCIAL CAUSE COMMUNITY INFLUENCER EXPERIENTIAL AFFILIATE
Wiki Brands – Palette Of Tactics Source:  Agent Wildfire Inc. TRADITIONAL BRANDING TACTICS WIKI BRANDING TACTICS Openness Dialogue Authenticity Discussion Boards TV Ads Corporate Blog Broadcast  Web Site Radio Ads  Brand  Community Experiential  Marketing Sponsorship Podcasts  Viral Advertising Wikis  Consumer  Generated  Content Crowd Sourcing  Innovation  Co-Creation/ User Collaboration  Search Engine Marketing Advergaming  Customer Advisory Panels  Blogger Outreach  Virtual  Communities Word of Mouth  Marketing Influencer/VIP Insider Clubs  Press Release Cause  Marketing Non-Traditional  Advertising Contextual Advertising  Email  Marketing  Private  Social Networks Fan  Clubs  Company  Rating Sites Lifestyle Product Placement In-Store Display/POS  Advocacy- Driven Vlogs Affiliate  Programs  Fan  Sites Print Ads Viral Marketing Direct Mail Product Seeding Employee Advocacy Programs Mobile Marketing Stunts/Publicity  Beta  Testers
Gold Standard Programs Viral Cause-Related Experiential Affiliate Community Social User-generated Influencer Buzz
vi. What considerations should you make before choosing a form of word of mouth?
9 Questions To Ask before Word of Mouth-Ing (or Take The Survey) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Take the Survey @ our blog Buzz Canuck
vii. Are there hot button categories for word of mouth conversations?
Category and Brand Sweetspots    New Stuff    Interesting Stuff    Complex/Expensive Stuff    Everyday Stuff    Passion-Based or Connoisseur Stuff
viii. What’s word of mouth’s role in the marketing/communciations mix?
Word of Mouth = Action/Advocacy
ix. Are people catching on yet? Are marketing/communications people catching on yet?
[object Object],[object Object],[object Object],[object Object],Word of mouth is the #1 influence and growth segment
x. Why is word of mouth posed to succeed now?
[object Object],[object Object],[object Object],[object Object],Word of mouth is getting more sophisticated
xi. Why do people word of mouth about products/services?
“ I notice and talk about products and services that are”: 32% - Exciting/buzzworthy   20% 9% 13% 13% 9% -  Real problem solvers/smart ideas - Exclusive and not yet discovered 3% - Things You Personally Experience/Associate With - New or just breaking - Innovative and one-of-a-kind - Fashionable & Stylish
xii. Why do people get involved in word of mouth programs?
The  Who #1 - Passionate about the topic #2 - Logo Lovers #3 – Knowledge Seekers #4 - Social Brokers #5 – Altruistic #6 – Involved/Committed #7 – Feedback Seekers #8 – Ego-driven #9 – Reciprocity Dealers #10 – Self-Expressives It’s because  of them
The What #11 – Social Currency  #12 – Brand Experience(s) #13 – Fame #14 – VIP Treatment/Customization #15 – Scarcity #16 – Influence #17 – Intimacy #18 – Visibility #19 – Tight Boundaries #20 – Rallying Cry #21 – Rewards #22 – Expertise #23 – Bite-Sized Participation #24 – Network Effects #25 – Memes It’s because of  what you provide
#26 - Innovative #27 – Remarkable/ Outrageous #28 – The Best at What You Do #29 – Authentic #30 – Liberating/ Problem Solving  #31 - Edgy #32 – Trustworthy #33 – Likable #34 – Easy to Talk About #35 – Ritualistic #36 - Sensory It’s because of  who you are
xiii. Who spreads word of mouth?                  
The Influencers –  6 Archetypes “ The Ones Who Create Ideas” “ The Ones Who Spot & Scout New Stuff” “ The Ones Who Sell and Lead Opinions” “ The Ones Who Provide Credibility” “ The Ones Who Attract Attention” “ The Ones Who Connect & Spread the Word”
The Influencers– Canada’s Word of Mouth Network
xiv. What traits do influencers have?
Your Influencers: WOM Multipliers
Influencers & Civic Engagement (vs. general public) Attended public meeting - 78% (+58 pts. ) Wrote/emailed/called a politician – 68% (+56 pts.) Attended a political rally, speech, protest – 45% (+38 pts.) Active members trying to influence gov. policy - 35% (+30 pts.) Worked for a political party - 25% (+18 pts.) Source: The Influentials
xv. To whom do we buzz?
Word of Mouth Recipients 35% -  Friends  24% 4% -  Family  20% -  Work Colleagues  9% -  Neighbours   -  Online community members 4% - Hobby/interest/team members   Source:  Agent Wildfire
xvi. Where does word of mouth happen?
Word of Mouth By Numbers - Where 77% Of word of mouth is face to face.  17% 6% 76% 40-27 Of word of mouth by phone.  ,[object Object],[object Object],Percentage of word of mouth that happens at home and work  Source:  North Eastern University
xvii. What roles can Influencers play for your business?
The Influencers –  6 Archetypes The Influencers– A Volunteer, Multi-Talented VIP Army Thinktank/ Sounding Board Scout/ Mystery Shopper Advisory Council/ Cause Torchbearer Seeded Adopter/ Beta Tester Customer User Consumer Collaborator/ Producer Evangelist/ Ambassador/ Advocate Community Member/ VIP Insider Influencer
xviii. What peer-to-peer benefits does word of mouth tap into?
4 Key Peer Benefits They  Produce Content for You They Engage/ Rally Behind You They Collaborate With You They  Advocate You
xix. How does it operate differently than mass marketing?
Puts Mass Marketing on its Head - A Distinct Marketing Approach Different Brand Stories Different Approach To Market Different Audience Different Tactics Different Commun- -ication Different Outputs/ Measures
xx. Is there a magic buzz, word of mouth marketing and/or community formula?
Viral/Buzz Success Drivers ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Viral/Buzz Success  Drivers 8.  Clever Visual Idea i.e. Honda Cog 9.  Schadenfeude (embarassing)  i.e. Dell Hell 10. Interactive/Customized  i.e. Subservient Chicken 11. Unusual Talent   i.e. OK Go 12. User-generated    i.e. iPod Touch Ad 13. Spoof  i.e. Slob Evolution 14. Free i.e. Radiohead
Word of Mouth Campaign Success Formula W ord  O f  M outh C ategory & B rand Attributes WOM S tory &  I dea WOM E xperience &  E ngage-ment WOM T ools To Spread & Dialogue I nfluential Audience -C onnected/ Informed/ Involved = X X X X CB SI EE T I CII
Brand Community Success Formula  Source: Debute
Brand Community Success Formula Source: Debute
xxi. How big of a phenomenon is this?
Online - Passalong Effects ,[object Object],[object Object],[object Object],[object Object],                ,[object Object],[object Object],[object Object],Source: Sharpe Partners/Burston Martsteller
The Passalong Effect ,[object Object],53% 50% 88% 56% 25% 24% 15% ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
xxii. How connected and prolific is our buzz?
A Participation Marketplace  ,[object Object],[object Object],[object Object],8.5B - Number of online videos streamed online every month  Source: Sharpe Partners 4,650 10&13 20-180 165 ,[object Object],[object Object],[object Object],[object Object]
xxiii. How do we measure all of this?
The Ultimate Metric – Net Promoter Score ,[object Object],[object Object],Source: Netpromoter.com
What is the Value of a Conversation About Your Stuff? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],“ The Gladwell”
xxiv. Why build a community?
After joining…. ,[object Object],[object Object],[object Object],[object Object]
XXV. What are the ethics behind orchestrated word of mouth?
The Honesty ROI ,[object Object],[object Object],[object Object],Source: WOMMA’s Ethic Code
xxvi. What’s are the biggest hurdles to company  acceptance?
Organizational Barriers ,[object Object],[object Object],[object Object],[object Object],[object Object],Source: Society of New Communications Research
xxviii.  What are the biggest myths about word of mouth?
Word of mouth marketing myths holding companies back ,[object Object],[object Object],[object Object],[object Object],[object Object]
xxix.  What’s the future hold?
Word of Mouth Industry Predictions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
xxx. Who are the some of the government orgs/causes/NGOs that are doing this stuff the best?
 
 
 
 
 
 
 
 
 
 
Inquire:   smoffitt (at) agentwildfire.com URL:    www. AgentWildfire .com Join/Share:  www.TheInfluencers.ca Blog: http://BuzzCanuck.typepad.com/ Explore:  The Buzz Report Newsletter Signup at www.AgentWildfire.com
Support Movember
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],B. Types of Word of Mouth  - Social
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],C. Types of Word of Mouth  – User-Generated
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],D. Types of Word of Mouth  - Influencer
[object Object],[object Object],[object Object],[object Object],E. Types of Word of Mouth  - Community
[object Object],[object Object],[object Object],F. Types of Word of Mouth  - Transactional
[object Object],[object Object],[object Object],[object Object],[object Object],G. Types of Word of Mouth - Experiential
[object Object],[object Object],[object Object],H. Types of Word of Mouth  - Cause Marketing/Sponsorship

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Ignite The Spark

  • 1. IGNITE THE BUZZ: THE ESSENTIAL 30 FACTS AND INSIGHTS ABOUT WORD OF MOUTH, BUZZ, SOCIAL, VIRAL & OTHER THINGS PEOPLE NOTICE & TALK ABOUT Queen’s Park Presentation December, 2007
  • 2. It’s Was a Long Movember… November Stretch Goal Objective Minimum Goal 1st 31st Quality Of Moustache Final Position Support Sean Moffitt’s Pity ‘Stache @ www.Movember.ca PROGRESS CHART
  • 4.
  • 5. Agent Wildfire – Canada’s Word of Mouth Firestarter
  • 6. Wiki Brands - Mass Collaboration Gone Marketing
  • 7.
  • 8. Are You Ready To Become Word of Mouth Evangelists?
  • 9. i. WORDS ARE IMPORTANT
  • 10. Agent Wildfire Key Belief #1– The Power of Word of Mouth “ The clear and away strongest predictor of a company’s growth rate is “would you recommend this to a colleague or friend?” Fred Reichheld, Bain Fellow and Author, The Ultimate Question – Driving Good Profits & True Growth
  • 11. ii. WORDS ARE GETTING MORE IMPORTANT
  • 12. More Than Ever, We Listen to Our Friends
  • 13. iii. Why is Word of Mouth Back in Vogue?
  • 14.  
  • 15.
  • 16.  
  • 17.  
  • 18.
  • 19. iv. What does “Word of Mouth Marketing” mean?
  • 20.
  • 21. v. What Types of Word of Mouth Exist?
  • 22. This is Not Your Parent’s Word of Mouth …
  • 23.
  • 24. Excitement Intimacy Broader Audience Targeted UGC/CGM BUZZ VIRAL SOCIAL CAUSE COMMUNITY INFLUENCER EXPERIENTIAL AFFILIATE
  • 25. Wiki Brands – Palette Of Tactics Source: Agent Wildfire Inc. TRADITIONAL BRANDING TACTICS WIKI BRANDING TACTICS Openness Dialogue Authenticity Discussion Boards TV Ads Corporate Blog Broadcast Web Site Radio Ads Brand Community Experiential Marketing Sponsorship Podcasts Viral Advertising Wikis Consumer Generated Content Crowd Sourcing Innovation Co-Creation/ User Collaboration Search Engine Marketing Advergaming Customer Advisory Panels Blogger Outreach Virtual Communities Word of Mouth Marketing Influencer/VIP Insider Clubs Press Release Cause Marketing Non-Traditional Advertising Contextual Advertising Email Marketing Private Social Networks Fan Clubs Company Rating Sites Lifestyle Product Placement In-Store Display/POS Advocacy- Driven Vlogs Affiliate Programs Fan Sites Print Ads Viral Marketing Direct Mail Product Seeding Employee Advocacy Programs Mobile Marketing Stunts/Publicity Beta Testers
  • 26. Gold Standard Programs Viral Cause-Related Experiential Affiliate Community Social User-generated Influencer Buzz
  • 27. vi. What considerations should you make before choosing a form of word of mouth?
  • 28.
  • 29. vii. Are there hot button categories for word of mouth conversations?
  • 30. Category and Brand Sweetspots  New Stuff  Interesting Stuff  Complex/Expensive Stuff  Everyday Stuff  Passion-Based or Connoisseur Stuff
  • 31. viii. What’s word of mouth’s role in the marketing/communciations mix?
  • 32. Word of Mouth = Action/Advocacy
  • 33. ix. Are people catching on yet? Are marketing/communications people catching on yet?
  • 34.
  • 35. x. Why is word of mouth posed to succeed now?
  • 36.
  • 37. xi. Why do people word of mouth about products/services?
  • 38. “ I notice and talk about products and services that are”: 32% - Exciting/buzzworthy 20% 9% 13% 13% 9% - Real problem solvers/smart ideas - Exclusive and not yet discovered 3% - Things You Personally Experience/Associate With - New or just breaking - Innovative and one-of-a-kind - Fashionable & Stylish
  • 39. xii. Why do people get involved in word of mouth programs?
  • 40. The Who #1 - Passionate about the topic #2 - Logo Lovers #3 – Knowledge Seekers #4 - Social Brokers #5 – Altruistic #6 – Involved/Committed #7 – Feedback Seekers #8 – Ego-driven #9 – Reciprocity Dealers #10 – Self-Expressives It’s because of them
  • 41. The What #11 – Social Currency #12 – Brand Experience(s) #13 – Fame #14 – VIP Treatment/Customization #15 – Scarcity #16 – Influence #17 – Intimacy #18 – Visibility #19 – Tight Boundaries #20 – Rallying Cry #21 – Rewards #22 – Expertise #23 – Bite-Sized Participation #24 – Network Effects #25 – Memes It’s because of what you provide
  • 42. #26 - Innovative #27 – Remarkable/ Outrageous #28 – The Best at What You Do #29 – Authentic #30 – Liberating/ Problem Solving #31 - Edgy #32 – Trustworthy #33 – Likable #34 – Easy to Talk About #35 – Ritualistic #36 - Sensory It’s because of who you are
  • 43. xiii. Who spreads word of mouth?                  
  • 44. The Influencers – 6 Archetypes “ The Ones Who Create Ideas” “ The Ones Who Spot & Scout New Stuff” “ The Ones Who Sell and Lead Opinions” “ The Ones Who Provide Credibility” “ The Ones Who Attract Attention” “ The Ones Who Connect & Spread the Word”
  • 45. The Influencers– Canada’s Word of Mouth Network
  • 46. xiv. What traits do influencers have?
  • 47. Your Influencers: WOM Multipliers
  • 48. Influencers & Civic Engagement (vs. general public) Attended public meeting - 78% (+58 pts. ) Wrote/emailed/called a politician – 68% (+56 pts.) Attended a political rally, speech, protest – 45% (+38 pts.) Active members trying to influence gov. policy - 35% (+30 pts.) Worked for a political party - 25% (+18 pts.) Source: The Influentials
  • 49. xv. To whom do we buzz?
  • 50. Word of Mouth Recipients 35% - Friends 24% 4% - Family 20% - Work Colleagues 9% - Neighbours - Online community members 4% - Hobby/interest/team members Source: Agent Wildfire
  • 51. xvi. Where does word of mouth happen?
  • 52.
  • 53. xvii. What roles can Influencers play for your business?
  • 54. The Influencers – 6 Archetypes The Influencers– A Volunteer, Multi-Talented VIP Army Thinktank/ Sounding Board Scout/ Mystery Shopper Advisory Council/ Cause Torchbearer Seeded Adopter/ Beta Tester Customer User Consumer Collaborator/ Producer Evangelist/ Ambassador/ Advocate Community Member/ VIP Insider Influencer
  • 55. xviii. What peer-to-peer benefits does word of mouth tap into?
  • 56. 4 Key Peer Benefits They Produce Content for You They Engage/ Rally Behind You They Collaborate With You They Advocate You
  • 57. xix. How does it operate differently than mass marketing?
  • 58. Puts Mass Marketing on its Head - A Distinct Marketing Approach Different Brand Stories Different Approach To Market Different Audience Different Tactics Different Commun- -ication Different Outputs/ Measures
  • 59. xx. Is there a magic buzz, word of mouth marketing and/or community formula?
  • 60.
  • 61. Viral/Buzz Success Drivers 8. Clever Visual Idea i.e. Honda Cog 9. Schadenfeude (embarassing) i.e. Dell Hell 10. Interactive/Customized i.e. Subservient Chicken 11. Unusual Talent i.e. OK Go 12. User-generated i.e. iPod Touch Ad 13. Spoof i.e. Slob Evolution 14. Free i.e. Radiohead
  • 62. Word of Mouth Campaign Success Formula W ord O f M outh C ategory & B rand Attributes WOM S tory & I dea WOM E xperience & E ngage-ment WOM T ools To Spread & Dialogue I nfluential Audience -C onnected/ Informed/ Involved = X X X X CB SI EE T I CII
  • 63. Brand Community Success Formula Source: Debute
  • 64. Brand Community Success Formula Source: Debute
  • 65. xxi. How big of a phenomenon is this?
  • 66.
  • 67.
  • 68. xxii. How connected and prolific is our buzz?
  • 69.
  • 70. xxiii. How do we measure all of this?
  • 71.
  • 72.
  • 73. xxiv. Why build a community?
  • 74.
  • 75. XXV. What are the ethics behind orchestrated word of mouth?
  • 76.
  • 77. xxvi. What’s are the biggest hurdles to company acceptance?
  • 78.
  • 79. xxviii. What are the biggest myths about word of mouth?
  • 80.
  • 81. xxix. What’s the future hold?
  • 82.
  • 83. xxx. Who are the some of the government orgs/causes/NGOs that are doing this stuff the best?
  • 84.  
  • 85.  
  • 86.  
  • 87.  
  • 88.  
  • 89.  
  • 90.  
  • 91.  
  • 92.  
  • 93.  
  • 94. Inquire: smoffitt (at) agentwildfire.com URL: www. AgentWildfire .com Join/Share: www.TheInfluencers.ca Blog: http://BuzzCanuck.typepad.com/ Explore: The Buzz Report Newsletter Signup at www.AgentWildfire.com
  • 96.
  • 97.
  • 98.
  • 99.
  • 100.
  • 101.
  • 102.
  • 103.

Hinweis der Redaktion

  1. Thank you for the chance to talk about word of mouth… Personal background: Client for many years at P&G, Molson, Guinness/Diageo, a place called Echo Having spent a wealth on traditional advertising – I’m a born-again marketer My bet is it’s a big part of marketing’s future and at the end of this presentation, you’ll grab three things: - word of mouth is really powerful and for a wide a variety of brands, I should be thinking about it as an integrated part of upcoming plans - word of mouth can be orchestrated and you can do it credibly and avoid the pitfalls, you can make it a valuable marketing touchpoint and maybe even strategy for your business - Agent Wildfire is Canada’s Expert here – they have the experience, knowledge, database, assets and team to help my business – they are not one size fits all, they have options sized for my business