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WORD OF MOUTH MARKETING
CREATING            BUZZ
     Online Marketing Web World          1
1.                          2.
     …the
      …the                     ..i got to
                                ..i got to
     JESUS
      JESUS                    have an
                                have an
     PHONE
      PHONE                    iPhone
                                iPhone
     rocks!
      rocks!




WOMM POWER

         Online Marketing Web World          2
HOW TO USE WORD-OF-MOUTH
MARKETING (WOMM) TECHNIQUES
AND SOCIAL MEDIA TO DRIVE
GROWTH BY CREATING A POSITIVE
BUZZ AROUND YOUR PRODUCT OR
SERVICE.



           Online Marketing Web World   3
TO APPRECIATE WOMM: FIRST YOU
HAVE TO UNDERSTAND WHAT’S
BROKEN WITH TRADITIONAL
MARKETING.




           Online Marketing Web World   4
IS YOUR CAMPAIGN HAVING A
NEGATIVE IMPACT ON YOUR
BRAND?




         Online Marketing Web World   5
ONLY 18% OF TV ADS
GENERATE POSITIVE ROI




      Online Marketing Web World   6
84% OF B2B CAMPAIGNS
RESULTED IN LOWER SALES




       Online Marketing Web World   7
100% INCREASE IN AD SPENDING
 JUST TO ADD 1% - 2% IN SALES




          Online Marketing Web World   8
ONLY 14% TRUST ADS




     Online Marketing Web World   9
69 % INTERESTED IN AD
BLOCKING TECHNOLOGIES




       Online Marketing Web World   10
TRADITIONAL MARKETING & ADVERTISING


   •ADVERTISING CLUTTER
   •MEDIA FRAGMENTATION
   •CONSUMERS TUNED OUT
   •LESS EFFECTIVE
   •MORE EXPENSIVE
   •LESS TRUSTED
   •LOWER ROI

            Online Marketing Web World   11
TWO THIRDS OF U.S. ECONOMONY
      DRIVEN BY WOMM




          Online Marketing Web World   12
POSITIVE CORRELATION TO
   BUSINESS GROWTH




        Online Marketing Web World   13
BRAND ADVOCACY DRIVES
   BUSINESS GROWTH




       Online Marketing Web World   14
BRAND ADVOCACY EVEN MORE
IMPORTANT THAN BRAND IMAGE
   OR BRAND SATISFACTION




         Online Marketing Web World   15
             Harvard study
LAW OF FEW

 10% INFLUENCE PURCHASING
   BEHAVIOR OF OTHER 90%




             Online Marketing Web World   16
91% LIKELY TO BUY ON
  RECOMMENDATION




      Online Marketing Web World   17
92% PREFER WOM
RECOMMENDATION




    Online Marketing Web World   18
BRAND ADVOCATES


•AVERAGE
•CUSTOMERS
•CLIENTS
•CONSUMERS




          Online Marketing Web World   19
WOMM CHARACTERISTICS
•HOMOPHILY
•HAWTHORNE EFFECT
•CONVERSATION: DIALOGUE
•EXPRESSION
•INVISIBLE NETWORKS
•LINKS
•SIX DEGREES OF SEPARATION
•DIGITAL MEDIA
•MUCH HIGHER LEVEL OF TRUST
•HUMILITY
           Online Marketing Web World   20
WOMM = C2C CONVERSATION




     Consumer-to-consumer conversation
             Online Marketing Web World   21
NOT …




TRADITIONAL MARKETING
          &
     ADVERTISING


        Online Marketing Web World   22
BUZZ = INFECTIOUS CHATTER
       WHAT’S HOT
       WHAT’S ATTRACTIVE




         Online Marketing Web World   23
VEHICLE FOR CONTAGION
  •PERSON-TO-PERSON TALKING
  •TALKING BY PHONE
  •SOCIAL MEDIA TOOLS
  •SMS
  •E-MAIL
  •IM
  •BLOGGING
  •VBLOG
  •WRITING
          Online Marketing Web World   24
WHO ARE
NETWORK
HUBS


    CONNECTORS
    ALPHAS
    OPINION LEADERS
    SNEEZERS
    PEERS

          Online Marketing Web World   25
LINKS OR NODES SPREAD BUZZ




                      NODE
NETWORK                                 NETWORK
   A                                       B


          TRUSTED CHANNEL



           Online Marketing Web World         26
CORRELATION BETWEEN
NETWORK HUBS AND EARLY
ADOPTERS.


        Online Marketing Web World   27
LINKS FUEL DIFFISUION


A NETWORK OF 100 PEOPLE = 4,950 POSSIBLE LINKS


A NETWORK OF 1,000 PEOPLE = 500,000 POSSIBLE
LINKS



Six degrees of separation concept (a/k/a small world phenomenon)



                          Online Marketing Web World               28
HOMOPHILY




      BIRDS OF A FEATHER
      FLOCK TOGETHER
   The term homophily stems from study of social networks.
                    Online Marketing Web World               29
CLUSTERS

Interests hobbies beliefs age gender
social class ethnicity religion values
politics geography education
occupation




               Online Marketing Web World   30
ALL ABOUT…


 INTERACTION IN & AMONG
 INVISIBLE NETWORKS




        Online Marketing Web World   31
LEAPFROGGING TECHNIQUES                                             Aqua Teen

                                WOMM umbrella term
• Buzz marketing
  –   Special hook, event, promotion. Aqua Teen Hunger Force
      Boston Bomb Scare


• Viral marketing
  –   Branded material, websites, blogs, advergames, widgets,
      bligets, videos, utilities, collaboration tools etc. that
      sneezers spread. ParkRidge47, Vote Different

• Influencer marketing
  –   Identifying and finding the influencers

• Evangelist marketing
  –   Turning most loyal customers into citizen marketers

• Street marketing
                                                                        Buzz Oven


  –   Interacting at popular offline places like Buzz Oven

• Stealth / Undercover marketing
  –   Bree, lonelyGirl15                                      Bree


                                        Online Marketing Web World           32
WIDGET & BLIDGET




        Online Marketing Web World   33
SOCIAL MEDIA




Social media describes the online technologies and practices that people use to share opinions, insights,
experiences, perspectives and media itself. Social media can take many different forms, including text,
images, audio, and video. These sites typically use technologies such as blogs, message boards,
podcasts, wikis, and vlogs to allow users to interact. Source: Wikipedia
                                        Online Marketing Web World                                   34
BUZZ MARKETING WITH BLOGS…



                                  BLOGVERTORIAL

                                  BUSINESS BLOG

                                  FAUX BLOG


 70 million blogs in just 4 years. 120K blogs being added each day.
                         Online Marketing Web World                   35
SEEDING…

•STIMULATING DISCUSSION
•PROMO EVENT
•REDUCED PRICING
•FREEWARE
•GAME
•DEMO
•TRIAL
•BETA


            Online Marketing Web World   36
ASK YOURSELF…
•How does information flow in my industry?
•Where do people get their information?
•Does information flow in a centralized way?
•How do consumers interact in my industry?
•Do they hangout in networks?
•How big are these networks?
•Is my industry conservative?
•What influences my customers?
•Who influences my customers?
•Is my product risky?
                  Online Marketing Web World   37
BUZZ MISTAKES…


•FOCUSING JUST ON OPINION LEADERS
 (1%)

•NARROWLY PROFILING CONNECTORS

•NO STORY

•OVERSELLING
               Online Marketing Web World   38
BUZZ GUIDELINES

     •SUPERIOR EXPERIENCE
     •CONTAGIOUS PRODUCT
     •SUPERIOR QUALITY
     •UNDERPROMISE
     •OVERDELIVER
     •ANTICIPATION
     •REACH 10% - 15%
     •TRUTH
          Online Marketing Web World   39
IDEAL BUZZ CANDIDATES…

REQUIRE NO ADVERTISING
LEAVE A TRACE
NETWORK EXTERNALITY
INCREASE COMPATABILITY
INCREASE TRANSPARENCY
SELF CONTAINED



            Online Marketing Web World   40
Online Marketing Web World
 Pramod Kumar Srivastava
                       Web Analyst & Online Marketing Strategy Planner




http://www.onlinemarketingwebworld.com




              Online Marketing Web World                                 41

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Word of-mouth-marketing-womm

  • 1. WORD OF MOUTH MARKETING CREATING BUZZ Online Marketing Web World 1
  • 2. 1. 2. …the …the ..i got to ..i got to JESUS JESUS have an have an PHONE PHONE iPhone iPhone rocks! rocks! WOMM POWER Online Marketing Web World 2
  • 3. HOW TO USE WORD-OF-MOUTH MARKETING (WOMM) TECHNIQUES AND SOCIAL MEDIA TO DRIVE GROWTH BY CREATING A POSITIVE BUZZ AROUND YOUR PRODUCT OR SERVICE. Online Marketing Web World 3
  • 4. TO APPRECIATE WOMM: FIRST YOU HAVE TO UNDERSTAND WHAT’S BROKEN WITH TRADITIONAL MARKETING. Online Marketing Web World 4
  • 5. IS YOUR CAMPAIGN HAVING A NEGATIVE IMPACT ON YOUR BRAND? Online Marketing Web World 5
  • 6. ONLY 18% OF TV ADS GENERATE POSITIVE ROI Online Marketing Web World 6
  • 7. 84% OF B2B CAMPAIGNS RESULTED IN LOWER SALES Online Marketing Web World 7
  • 8. 100% INCREASE IN AD SPENDING JUST TO ADD 1% - 2% IN SALES Online Marketing Web World 8
  • 9. ONLY 14% TRUST ADS Online Marketing Web World 9
  • 10. 69 % INTERESTED IN AD BLOCKING TECHNOLOGIES Online Marketing Web World 10
  • 11. TRADITIONAL MARKETING & ADVERTISING •ADVERTISING CLUTTER •MEDIA FRAGMENTATION •CONSUMERS TUNED OUT •LESS EFFECTIVE •MORE EXPENSIVE •LESS TRUSTED •LOWER ROI Online Marketing Web World 11
  • 12. TWO THIRDS OF U.S. ECONOMONY DRIVEN BY WOMM Online Marketing Web World 12
  • 13. POSITIVE CORRELATION TO BUSINESS GROWTH Online Marketing Web World 13
  • 14. BRAND ADVOCACY DRIVES BUSINESS GROWTH Online Marketing Web World 14
  • 15. BRAND ADVOCACY EVEN MORE IMPORTANT THAN BRAND IMAGE OR BRAND SATISFACTION Online Marketing Web World 15 Harvard study
  • 16. LAW OF FEW 10% INFLUENCE PURCHASING BEHAVIOR OF OTHER 90% Online Marketing Web World 16
  • 17. 91% LIKELY TO BUY ON RECOMMENDATION Online Marketing Web World 17
  • 18. 92% PREFER WOM RECOMMENDATION Online Marketing Web World 18
  • 20. WOMM CHARACTERISTICS •HOMOPHILY •HAWTHORNE EFFECT •CONVERSATION: DIALOGUE •EXPRESSION •INVISIBLE NETWORKS •LINKS •SIX DEGREES OF SEPARATION •DIGITAL MEDIA •MUCH HIGHER LEVEL OF TRUST •HUMILITY Online Marketing Web World 20
  • 21. WOMM = C2C CONVERSATION Consumer-to-consumer conversation Online Marketing Web World 21
  • 22. NOT … TRADITIONAL MARKETING & ADVERTISING Online Marketing Web World 22
  • 23. BUZZ = INFECTIOUS CHATTER WHAT’S HOT WHAT’S ATTRACTIVE Online Marketing Web World 23
  • 24. VEHICLE FOR CONTAGION •PERSON-TO-PERSON TALKING •TALKING BY PHONE •SOCIAL MEDIA TOOLS •SMS •E-MAIL •IM •BLOGGING •VBLOG •WRITING Online Marketing Web World 24
  • 25. WHO ARE NETWORK HUBS CONNECTORS ALPHAS OPINION LEADERS SNEEZERS PEERS Online Marketing Web World 25
  • 26. LINKS OR NODES SPREAD BUZZ NODE NETWORK NETWORK A B TRUSTED CHANNEL Online Marketing Web World 26
  • 27. CORRELATION BETWEEN NETWORK HUBS AND EARLY ADOPTERS. Online Marketing Web World 27
  • 28. LINKS FUEL DIFFISUION A NETWORK OF 100 PEOPLE = 4,950 POSSIBLE LINKS A NETWORK OF 1,000 PEOPLE = 500,000 POSSIBLE LINKS Six degrees of separation concept (a/k/a small world phenomenon) Online Marketing Web World 28
  • 29. HOMOPHILY BIRDS OF A FEATHER FLOCK TOGETHER The term homophily stems from study of social networks. Online Marketing Web World 29
  • 30. CLUSTERS Interests hobbies beliefs age gender social class ethnicity religion values politics geography education occupation Online Marketing Web World 30
  • 31. ALL ABOUT… INTERACTION IN & AMONG INVISIBLE NETWORKS Online Marketing Web World 31
  • 32. LEAPFROGGING TECHNIQUES Aqua Teen WOMM umbrella term • Buzz marketing – Special hook, event, promotion. Aqua Teen Hunger Force Boston Bomb Scare • Viral marketing – Branded material, websites, blogs, advergames, widgets, bligets, videos, utilities, collaboration tools etc. that sneezers spread. ParkRidge47, Vote Different • Influencer marketing – Identifying and finding the influencers • Evangelist marketing – Turning most loyal customers into citizen marketers • Street marketing Buzz Oven – Interacting at popular offline places like Buzz Oven • Stealth / Undercover marketing – Bree, lonelyGirl15 Bree Online Marketing Web World 32
  • 33. WIDGET & BLIDGET Online Marketing Web World 33
  • 34. SOCIAL MEDIA Social media describes the online technologies and practices that people use to share opinions, insights, experiences, perspectives and media itself. Social media can take many different forms, including text, images, audio, and video. These sites typically use technologies such as blogs, message boards, podcasts, wikis, and vlogs to allow users to interact. Source: Wikipedia Online Marketing Web World 34
  • 35. BUZZ MARKETING WITH BLOGS… BLOGVERTORIAL BUSINESS BLOG FAUX BLOG 70 million blogs in just 4 years. 120K blogs being added each day. Online Marketing Web World 35
  • 36. SEEDING… •STIMULATING DISCUSSION •PROMO EVENT •REDUCED PRICING •FREEWARE •GAME •DEMO •TRIAL •BETA Online Marketing Web World 36
  • 37. ASK YOURSELF… •How does information flow in my industry? •Where do people get their information? •Does information flow in a centralized way? •How do consumers interact in my industry? •Do they hangout in networks? •How big are these networks? •Is my industry conservative? •What influences my customers? •Who influences my customers? •Is my product risky? Online Marketing Web World 37
  • 38. BUZZ MISTAKES… •FOCUSING JUST ON OPINION LEADERS (1%) •NARROWLY PROFILING CONNECTORS •NO STORY •OVERSELLING Online Marketing Web World 38
  • 39. BUZZ GUIDELINES •SUPERIOR EXPERIENCE •CONTAGIOUS PRODUCT •SUPERIOR QUALITY •UNDERPROMISE •OVERDELIVER •ANTICIPATION •REACH 10% - 15% •TRUTH Online Marketing Web World 39
  • 40. IDEAL BUZZ CANDIDATES… REQUIRE NO ADVERTISING LEAVE A TRACE NETWORK EXTERNALITY INCREASE COMPATABILITY INCREASE TRANSPARENCY SELF CONTAINED Online Marketing Web World 40
  • 41. Online Marketing Web World Pramod Kumar Srivastava Web Analyst & Online Marketing Strategy Planner http://www.onlinemarketingwebworld.com Online Marketing Web World 41