Original article from the Flevy business blog can be found here:
http://flevy.com/blog/make-ewom-work-for-you/
Marketing professionals know that social media marketing is word-of-mouth selling multiplied by a million. Philosophically, electronic word-of-mouth (eWoM) is a logical context for any marketing campaign, but practically, implementing eWoM so that it drives web traffic and convertible sales is another matter.
We Are All Connected
In an article published in the journal of Business Horizons, researchers discussed the social media ecosystem in which each of the big platforms of social media are treated as separate entities. Even when the same person manages all of the social media accounts, there is a tendency to see the systems as individual, addressing only the comment in the thread above. From an integrated marketing communication standpoint, this is the worst way to deliver your marketing message. Instead, link all of your social media platforms together and use one to explain another. Use the increased text ability of Facebook to discuss images pinned on Pinterest. Interconnect all of your social media in this way and be certain your website is always the central node of the system.
The All-Powerful Share Button
When it comes to sharing, advertisers tend to be linear in their thinking. Instead of looking at a share button like a marketer, think of it like a psychologist would. Research in social psychology shows that sharing or liking a page increases its persuasive factor. Your marketing message makes more sense to people as the number of shares increases. This popularity cohesion is one of the reasons share buttons should always have counters attached. On your social media pages like Twitter, make certain your account has robust sharing metrics directly under your masthead. Need an example? Check out LifeLock’s Twitter page .
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Make eWoM Work for You
1. Make eWoM Work for You
Contributed by Shane Avron on March 11, 2015 in Strategy, Marketing, & Sales
Marketing professionals
know that social media
marketing is word-of-
mouth selling
multiplied by a million.
Philosophically,
electronic word-of-
mouth (eWoM) is a
logical context for any
marketing campaign,
but practically,
implementing eWoM so
that it drives web traffic
and convertible sales is
another matter.
2. We Are All Connected
In an article published in the journal of Business Horizons, researchers discussed the social
media ecosystem in which each of the big platforms of social media are treated as separate
entities. Even when the same person manages all of the social media accounts, there is a
tendency to see the systems as individual, addressing only the comment in the thread above.
From an integrated marketing communication standpoint, this is the worst way to deliver
your marketing message. Instead, link all of your social media platforms together and use
one to explain another. Use the increased text ability of Facebook to discuss images pinned
on Pinterest. Interconnect all of your social media in this way and be certain your website is
always the central node of the system.
The All-Powerful Share Button
When it comes to sharing, advertisers tend to be linear in their thinking. Instead of looking
at a share button like a marketer, think of it like a psychologist would. Research in social
psychology shows that sharing or liking a page increases its persuasive factor. Your
marketing message makes more sense to people as the number of shares increases. This
popularity cohesion is one of the reasons share buttons should always have counters
attached. On your social media pages like Twitter, make certain your account has robust
3. sharing metrics directly under your masthead. Need an example? Check out LifeLock’s
Twitter page .
Get the Right Metrics
SEO professionals know their Google PageRank, Alexa and page views like they are listing
off their birthdates. The problem with these general Internet metrics is that they do not
always correspond to value equity of a company. Different analytical meters say different
things. Traditional online metrics like page views and Google searches have a less predictive
relationship on value equity than social media metrics. It is more important to have a lot of
interaction on social media than it is to have page traffic in terms of evaluating your brand
reputation. It is at the social media level that sales conversions will happen. People trust
social media reviews more than any other brand reputation channel. Use your shares, likes
and follows to gauge your success in social media marketing. Specifically link your social
media awareness and brand reputation campaigns to revenue streams as part of a long-term
study of your accomplishments.
4. Create a Conversation
In the days before we attached an “e” to the front of WoM, the person who sold you your
groceries was the same when you saw him at church, on the golf course or walking down the
street. As we step further back from our Facebook, Twitter and Pinterest accounts and look
at the grand view of our marketing plan, we find that we need to create a two-way
conversation that includes all of our communication methods. Whole Foods is a great
example of using social media as a conversation method. Guerilla, viral, email and SEO are
all just components of an Internet conversation. Mix them up, keep them lively and play the
host to a huge online party.
About Shane Avron
Shane works in Internet advertising, and writes about advances on the social Web and more.
5. Flevy (www.flevy.com) is the
marketplace for premium documents.
These documents can range from
Business Frameworks to Financial
Models to PowerPoint Templates.
Flevy was founded under the principle
that companies waste a lot of time and
money recreating the same foundational
businessdocuments. Our vision is for
Flevy to become a comprehensive
knowledge base of business
documents. All rganizations, from
startups to large enterprises, can use
Flevy— whether it's to jumpstart
projects, to find reference or comparison
materials, or just to learn.
Contact Us
Please contact us with any questions you
may haveabout our company.
• General Inquiries
support@flevy.com
• Media/PR
press@flevy.com
• Billing
billing@flevy.com