Big seed marketing

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    Big seed marketing - Presentation Transcript

    1. Big seed marketing The best of both worlds
      • About networks: The rhizome
      • About customer advocacy: The lake wobegon effect
      • About virality: No free lunch
      • 1. About networks:
      • The rhizome
      • Massive
      • Decentralized
      • Dynamic
      • Self-organized (at several levels)
      • Is about People + links
    2. Network effect
      • Value to a potential customer depends on the number of other customers who own the good or are users of the service
      • According to Metcalfe: the value of a telecommunications network is proportional to the square of the number of connected users of the system
      • For the web, it’s a little more complicated
    3. Links, links, links
      • Small world network: 6 degrees of separation
      • Scale-free network: Power law of preferential attachment
      • Nodes (people)
      • and ties (links)
    4. IM generation: “My mates are my media”
      • They claim that they are not influenced by advertising and that they trust their peers more than the opinion leaders
      • Connections tend to be with people they know
        • At the very most, might extend to friends of friends
        • But very little interest in talking to strangers (unless they have specific profiles)
    5. Even on the biggest social networks
      • 90.6% of messages are sent to “friends”
      • 50% of messages to friends are sent to schoolmates
      • For reciprocal messages partners, it raises to 71%
      (Facebook 2007)
    6. Content or connection
    7. 2. About customer advocacy: The lake Wobegon effect
    8. Customer advocacy drive growth
    9. Treat everyone the same, even they have a low authority score
    10.  
      • It’s hard to buy coolness
    11. Where do you find brand advocates? On blogs, of course… (but not only)
    12. Engage (?)
      • Bloggers can feed the media narrative over time, don’t ignore the bloggers
      • Traffic alone does not equal influence/ Technorati authority neither
      • Don’t punish negative opinions
      • Outing a blog yourself helps but is not necessary – commenting is also part of the conversation
    13. But the blogosphere isn’t everything
      • Reach matters and blogs have low reach
      • Blogs are mostly visited by bloggers
      • Conversation is everywhere: blogs, social networks but also forums, chats…. and offline
      • Twitter reach is about 0,2%
      • The internet landscape is still dominated by a search engine and an email service
      • It’s easier to engage people if your brand proposal is strong
      • What will be your performance indicator?
    14. The lake wobegon effect
      • 80% of the CEOs think their brand offers a superior experience
      • … . 8% of their customers agree
      • and this is one out of many biases
    15. 3. About virality: No free lunch
    16. The theory: Influence the influencer
    17.  
      • Viral marketing is much easier to tell stories about than to implement. For every high profile example of a viral product, there are many more unsuccessful attempts that one never hears about.
    18. Viral effect Burnout
    19.  
    20. Traditional marketing versus epidemic threshold
        • Increase conversions
        • by increasing p or
        • N
        • R > 1: epidemic threshold/tipping
        • point is reached: virality works
        • R < 1: burnout, virality fails
    21. Best of both worlds
      • By embracing a big seed strategy , you can leverage on 3 variables
          • Reach (number of contacts)
          • Persuasion power
          • Reproduction rate
    22.  
    23. Maximize reach
      • Forget about the hype. Watch the figures!!!
      • Select few sites with large reach
      • In order to avoid waste, chose high selectivity's and/or targeted solutions
      • Watch accumulation statistics
      • Avoid too much contacts per person
    24. Maximize persuasion
      • Find the right balance between visibility and irritation
      • Keep your brand always visible
      • Segment your approach
      • Manage the length of the text rather than the font size
      • Pre-test several creatives if possible
      • Rich media (with interaction) offers more impact and higher memorization
      • Internet is a media with a high emotional potential
      • Context (more than content) matters!
    25. Maximize reproduction rate
      • Trust the strength of your message and the motivation of your influencers
      • Be surprising, provocative, unexpected, smart and go were people are communicating and give them tools
    26. Take aways
      • Use specific monitoring tools, it will help you in your communication strategy
      • The communication channel might be different of the market intelligence channel
      • Don’t overstimate your viral power: Most campaigns have too low Reproduction rates to rely only on virality
      • Keep the critical mass you need in mind
      • Marketing combines persuasion, reach and reproduction
      • Know you target group’s network(s) and know their specificities
      • Use existing networks instead of trying to create new ones
      • Think user inititiated
    27. Thank you. Philippe Deltenre Microsoft Advertising [email_address] [email_address]

    + phdeltphdelt, 11 months ago

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