Word Of Mouth Marketing Research: Negative WOM Means Lost Business

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    Word Of Mouth Marketing Research: Negative WOM Means Lost Business - Presentation Transcript

    1. Negative WOM Means Lost Business 9/24/2008
      • 74% choose companies/brands based on others’ customer care experiences shared online. 1
      • 59% of consumers use social media to vent their frustration about their customer service experience 1
      • WOM detractors spent $158 less than average 2
      1. Tribalization of Business study , 7/28/2008; 2. Satmetrix Study on WOM Economic Impact , 3/26/2008

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