Word of Mouth - Truman State University

Willow Baum
Willow BaumStrategy & Storytelling for Social Ventures um Small Planet Partners
The Art & Science of  Word of Mouth Marketing 03.26.2008
Word of Mouth Defined Source : WOMMA ,[object Object],[object Object],[object Object],[object Object]
Amplified vs. Organic WOM AMPLIFIED A  marketing campaign  designed to encourage or accelerate WOM in existing or new communities. ORGANIC  A  natural occurrence  when people become advocates because they’re happy and have a natural desire to share their enthusiasm.
WHY?
on  business purchase decisions #1  influence Source:  KellerFay Group
of B2B Advertising, Direct mail or Press coverage More than   TWICE  the  influence Source:  KellerFay Group
#1   CONSUMER   TRUST
[object Object],Accountability, Cultural &  Operational Transformation
A Mindset, A Movement ,[object Object]
Word of Mouth Has Always Mattered ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Word of Mouth is Different Online
Online WOM is a Game Changer
Reputation in Ruins Source : TNS Media Intelligence/Cymfony
Disproportionate Digital Influence Source :  The Influentials,  Jon Berry & Ed Keller Authors Jackie Huba & Ben McConnell ,[object Object],[object Object],[object Object],[object Object]
The Network Affect Source : MotiveQuest, LLC Mavens  – 20% of online influencers. Post very frequently and get their social worth from knowing and sharing Networked Opinion Formers  – the other 80% of the online people looking for information Offline word of mouth.  Get many of their options from their online friends because of the network effect
Mediascape: Not What It Used to Be ,[object Object]
New Channels of Insight & Engagement ,[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],[object Object]
WOM Must Be Transparent and Ethical  Types of Unethical Word of Mouth Marketing Stealth Marketing:   Deceiving people about marketing being involved with a communication. Shilling:  Payola for product promotion without disclosing you work for a company.  Impersonating a customer. Infiltration:  Using fake identities in an online discussion to promote a product. Defacement:  Vandalizing or damaging property to promote a product. Falsification:  Knowingly disseminating false or misleading information. Spam… of any kind Source : WOMMA
Think  LESS   about enhancing your  BRAND  image… … MORE  about what’s of VALUE to  WOM  participants Psychology
WOM Marketing Types of Word of Mouth Marketing viral marketing buzz marketing community marketing grassroots marketing evangelist marketing product seeding influencer marketing cause marketing conversation creation brand blogging referral programs Source : WOMMA Give People a  REASON  to  TALK … … make it  EASY  to tell others
The Ultimate Goal Turn Prospects into  FRIENDS … … Customers  into  EVANGELISTS Friends into  CUSTOMERS … Source : Seth Godin
Be Remarkable Be Interesting -- or Be Invisible!  -- Andy Sernovitz Source :  Purple Cow,  Seth Godin Be Interesting -- or Be Invisible!  -- Andy Sernovitz
WOM   Strategies
Encourage Communications
Encourage Communications
Give People Something to Talk About
Give People Something to Talk About THINK BIG
Connect People & Build Community
Work with Influential Communities
Evangelist & Advocacy Programs
Engage in Active Listening
Engage  in Active Listening Source:  TalkTrack ™, Keller-Fay 2006
Give People Something to Talk About
Monitor and Measure  Associations with “Plastic” Anya Hindmarch phenomenon Pyrex Glassware as Tupperware alternative Discussion around using canvas or reusing plastic grocery bags. Plastic Recycling habits   Source : Nielsen BuzzMetrics
Give People Something to Talk About
Give People Something to Talk About
Co-Creation & Information-Sharing
WIIFM?
[object Object],[object Object],[object Object],[object Object],TNS Media Intelligence/Cymfony Study
Do it. Share it. Think in   ecosystems.
Think  Substance &  *New*  Channels. Source : Email Experience Council
Grassroots  can trump   institutions
Triple Bottom Line - Time Mag The defining challenge of the 21st century will be to face the reality that humanity shares a common fate on a crowded planet.  Feb. 28, 2008
YOU Can Be A Pioneer!
Willow Lundgren Workshops, Seminars & Strategy   [email_address] 816.914.1490 Thank You
1 von 45

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Word of Mouth - Truman State University

  • 1. The Art & Science of Word of Mouth Marketing 03.26.2008
  • 2.
  • 3. Amplified vs. Organic WOM AMPLIFIED A marketing campaign designed to encourage or accelerate WOM in existing or new communities. ORGANIC A natural occurrence when people become advocates because they’re happy and have a natural desire to share their enthusiasm.
  • 5. on business purchase decisions #1 influence Source: KellerFay Group
  • 6. of B2B Advertising, Direct mail or Press coverage More than TWICE the influence Source: KellerFay Group
  • 7. #1 CONSUMER TRUST
  • 8.
  • 9.
  • 10.
  • 11. Word of Mouth is Different Online
  • 12. Online WOM is a Game Changer
  • 13. Reputation in Ruins Source : TNS Media Intelligence/Cymfony
  • 14.
  • 15. The Network Affect Source : MotiveQuest, LLC Mavens – 20% of online influencers. Post very frequently and get their social worth from knowing and sharing Networked Opinion Formers – the other 80% of the online people looking for information Offline word of mouth. Get many of their options from their online friends because of the network effect
  • 16.
  • 17.
  • 18. WOM Must Be Transparent and Ethical Types of Unethical Word of Mouth Marketing Stealth Marketing: Deceiving people about marketing being involved with a communication. Shilling: Payola for product promotion without disclosing you work for a company. Impersonating a customer. Infiltration: Using fake identities in an online discussion to promote a product. Defacement: Vandalizing or damaging property to promote a product. Falsification: Knowingly disseminating false or misleading information. Spam… of any kind Source : WOMMA
  • 19. Think LESS about enhancing your BRAND image… … MORE about what’s of VALUE to WOM participants Psychology
  • 20. WOM Marketing Types of Word of Mouth Marketing viral marketing buzz marketing community marketing grassroots marketing evangelist marketing product seeding influencer marketing cause marketing conversation creation brand blogging referral programs Source : WOMMA Give People a REASON to TALK … … make it EASY to tell others
  • 21. The Ultimate Goal Turn Prospects into FRIENDS … … Customers into EVANGELISTS Friends into CUSTOMERS … Source : Seth Godin
  • 22. Be Remarkable Be Interesting -- or Be Invisible! -- Andy Sernovitz Source : Purple Cow, Seth Godin Be Interesting -- or Be Invisible! -- Andy Sernovitz
  • 23. WOM Strategies
  • 26. Give People Something to Talk About
  • 27. Give People Something to Talk About THINK BIG
  • 28. Connect People & Build Community
  • 29. Work with Influential Communities
  • 31. Engage in Active Listening
  • 32. Engage in Active Listening Source: TalkTrack ™, Keller-Fay 2006
  • 33. Give People Something to Talk About
  • 34. Monitor and Measure Associations with “Plastic” Anya Hindmarch phenomenon Pyrex Glassware as Tupperware alternative Discussion around using canvas or reusing plastic grocery bags. Plastic Recycling habits Source : Nielsen BuzzMetrics
  • 35. Give People Something to Talk About
  • 36. Give People Something to Talk About
  • 39.
  • 40. Do it. Share it. Think in ecosystems.
  • 41. Think Substance & *New* Channels. Source : Email Experience Council
  • 42. Grassroots can trump institutions
  • 43. Triple Bottom Line - Time Mag The defining challenge of the 21st century will be to face the reality that humanity shares a common fate on a crowded planet. Feb. 28, 2008
  • 44. YOU Can Be A Pioneer!
  • 45. Willow Lundgren Workshops, Seminars & Strategy [email_address] 816.914.1490 Thank You

Hinweis der Redaktion

  1. September 2006 was a turning point for me professionally. CBS announced its line up of fall shows. Laser-printed logo on 35 million eggs sold in supermarkets. They called it egg-vertising. Novel? Sure. Publicity generator? Huge. Disheartening: we all live with so much ad clutter… … do we really need to pollute and interrupt breakfast now to get noticed? What jazzes me about Word of Mouth Marketing is that it’s a TRANSFORMATIVE TOOL to conduct better, more responsible, interesting business -- not just SELLING STUFF. Based on HONESTY, EFFICIENCY, TRUST. Organizations of all sizes, private and public sectors can use it effectively.