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Word of Mouth Marketing from scratch
 

Word of Mouth Marketing from scratch

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What is Word of Mouth Marketing exactly and how do I do it?

What is Word of Mouth Marketing exactly and how do I do it?

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    Word of Mouth Marketing from scratch Word of Mouth Marketing from scratch Presentation Transcript

    • Word of Mouth Marketing This presentation WILL change your ENTIRE life Monday, August 17, 2009
    • Word of Mouth Marketing What is it? Why should I care? How do we do it? Monday, August 17, 2009
    • Agenda 1 Defining the practice 2 Why does it work? 3 Prove it 4 How we do it 5 How to activate WOM internally 6 Q&A Monday, August 17, 2009
    • Word of Mouth Marketing Evangelist Marketing Referral Programs Grassroots Marketing Conversation Creation Influencer Marketing Product Seeding Community Marketing Cause Marketing Buzz Marketing Social Media Brand Blogging Monday, August 17, 2009
    • What is Word of Mouth? Giving people a reason to talk about your stuff... Monday, August 17, 2009
    • What is Word of Mouth? And making it easy for that conversation to take place. Monday, August 17, 2009
    • What is Word of Mouth? People are already talking. Monday, August 17, 2009
    • What is Word of Mouth? Who are we listening to? When asked what communication was used after purchase, 63% said face-to-face (Harris Interactive Study) 78% say consumer recommendations most credible form of advertising (Nielsen Research) Vs. Vs. Monday, August 17, 2009
    • What is Word of Mouth? Word of Mouth Marketing is simply joining the conversation Monday, August 17, 2009
    • What is Word of Mouth? B to C to C Marketing Organic vs. Amplified WOM Organic is WOM that originates as a result of the product or service on its own Amplified is WOM generated from a specific marketing effort Monday, August 17, 2009
    • Why Word of Mouth? Shift in power from media to consumer 26% of consumers trust advertising, 68% trust peer driven WOM (WOMMA) 67% of all decisions are driven by WOM (McKinsey Research) On product recommendations, 90% trust their spouse, 65%trust friends, 27% trust manufacturers, and 14% trust advertisers (WOMMA) 57% of people have stopped doing business with companies that don’t “respect” them. (Mood & Mindset) Monday, August 17, 2009
    • Why Word of Mouth? Shift in power from media to consumer Monday, August 17, 2009
    • Where is WOM happening? Online and Offline 73% recommend a product face-to-face, 63% via email, 7%via blogs (WOMMA) 75% of WOM occurs in person versus 17% on phone and 7% online (WOMMA) Offline WOM is more credible, more positive, and more likely to inspire purchase than online. (Keller Fay Group) Location is simply the medium Monday, August 17, 2009
    • Word of Mouth & PR Both work to establish relationships PR establishes third part credibility Word of Mouth eliminates third party, creates peer-to-peer interaction Two-way communication Monday, August 17, 2009
    • Getting Word of Mouth Be Interesting Monday, August 17, 2009
    • Getting Word of Mouth Be Honest, Earn Trust and Respect Monday, August 17, 2009
    • Getting Word of Mouth Make People Happy Monday, August 17, 2009
    • Getting Word of Mouth Make it Easy to Share Monday, August 17, 2009
    • Getting Word of Mouth The Process ID Talkers Provide a Topic Supply the Tools Join the Conversation Monday, August 17, 2009
    • Getting Word of Mouth Find your Talkers Happy customers Interested consumers Outgoing people Those solicited for advice Fans Monday, August 17, 2009
    • Getting Word of Mouth Find your Talkers Happy customers Interested consumers Outgoing people Those solicited for advice Fans Monday, August 17, 2009
    • Getting Word of Mouth Why Talkers Talk They want to be experts, feel smart They like to help They like to feel important They want to be part of a group Monday, August 17, 2009
    • Getting Word of Mouth Cater to your Talkers Create a different plan for each set Monday, August 17, 2009
    • Getting Word of Mouth Cater to your Talkers Give them a label Monday, August 17, 2009
    • Getting Word of Mouth Cater to your Talkers Regularly feed them content Monday, August 17, 2009
    • Getting Word of Mouth Cater to your Talkers Recognize and thank them Monday, August 17, 2009
    • Getting Word of Mouth Cater to your Talkers Rally them together Monday, August 17, 2009
    • Getting Word of Mouth Provide a Topic Give talkers something to say, share Monday, August 17, 2009
    • Getting Word of Mouth Provide a Topic Make it simple, easy to repeat Monday, August 17, 2009
    • Getting Word of Mouth Provide a Topic Best topics are organic, discover by listening to your audience Monday, August 17, 2009
    • Getting Word of Mouth Supply the Tools Help your message travel - Social Media Monday, August 17, 2009
    • Getting Word of Mouth Supply the Tools Ask people to spread the word Monday, August 17, 2009
    • Getting Word of Mouth Supply the Tools Build things to be shared, stolen Monday, August 17, 2009
    • Getting Word of Mouth Supply the Tools Make things exclusive, secret Monday, August 17, 2009
    • Getting Word of Mouth Join the Conversation Fix Problems Monday, August 17, 2009
    • Getting Word of Mouth Join the Conversation Be Honest Your company affiliation makes you more credible, not less Rely on subject expertise Respond to negative as opportunity Monday, August 17, 2009
    • Getting Word of Mouth Join the Conversation Never Sell Contests, prizes can kill conversation Monday, August 17, 2009
    • Best Practices Listen, Listen, Listen! Let go of your message Authenticity is key Remember it’s about people, not technology Monday, August 17, 2009
    • Questions? Ryan La Rosa, Public Relations, Word of Mouth Marketing Manager RyanL@parkAndCo.com 602.234.5678 Facebook Twitter LinkedIn RyanLaRosa.com SWOM Monday, August 17, 2009