Uploaded byAmbassify
Social Proof through Word-of-Mouth marketing
Koen Stevens from Bubobox discusses the importance of online word-of-mouth (WOM) marketing and social proof in enhancing brand engagement and conversion rates. He outlines methods of leveraging user-generated content and emphasizes the role of brand advocates in creating social buzz. Bubobox offers a plug-and-play SaaS solution for brands to utilize video content while maintaining control and security.
More Related Content
Similar to Social Proof through Word-of-Mouth marketing
Social Proof through Word-of-Mouth marketing
- 1. Koen Stevens (Word-Of-MouthDirector BuboBox) koen@bubobox.com www.bubobox.com Capturing social proof through online Word-of-Mouth (WOM) marketing by BuboBox - social video marketing platform #wommbrussels
- 2.
- 4. Herd behaviour (1969experiment NY)
- 5. Don’t miss out// Offline FOMO > Fear Of Missing Out “Velvet Rope principle”
- 6. Where would youeat?
- 7.
- 8. Don’t miss out// Online
- 9. Don’t miss out// Online
- 10. Practice what youpreach // 1
- 11. Social proof //Key influence layers 1.Scale 2.Similarity 3.Ambiguity
- 12. Social proof //Scale
- 13. Social proof //Similarity
- 14. Social proof //Ambiguity
- 15. Social proof //Types 1.Expert 2.Celebrity 3.User 4.Wisdom of the crowds 5.Wisdom of your friends
- 16. Brand Advocates They areinherently social people They want to be looked at as experts They recommend many brands and do so often They are avid content creators and sharers They want to help others
- 17.
- 19. Practice what youpreach // 2
- 20. UGC as formof social proof 1.Video user testimonials generated 3x the conversion rate vs. organic traffic for Beachbody, the makers of P90x fitness. 2.58.1% of B2B professionals look to Social Media and UGC sites to build skills and expertise in their field. 3.Early visitors to Shoedazzle watched more than 9 UGVs on average, helping catapult sales
- 21.
- 23. Case study //Mobile Vikings video contest 20k visits in 7 days 24 min original video content 81% shares their content brand interaction & engagement social buzz: 1000’s of likes, shares, tweets, ...
- 24. Advantages // 1-2 Empoweryour fans, but keep control: make them brand ambassadors through their webcam, file upload, or any mobile device but moderate everything Build social buzz around your brands: improve conversion and create brand engagement Learn from your numbers: track all the social sharing, detailed analytics
- 25. Advantages // 2-2 Rewardthe fans: through our built-in leaderboard, social and gaming mechanics White-label our solution: no YouTube branding, no ads for competitors, no external website for webcam recordings, no custom development, just a straightforward integrated plug&play solution Plug&Play SaaS solution: don’t worry about all the technicalities around video, all your content belongs to you, is securely hosted in the cloud and automatically converted to mobile formats
- 26.
- 27.
- 28.
- 29.
Editor's Notes
- #4 Professor Robert Cialdin i , a tho ught leader in social psychology, has many examples. In one study, his team tested messages to influence reusing towels in hotel rooms. The social proof message – “Almost 75% of other guests help by using their towels more than once” had 25% better results than all other messages. And adding the words “of other guests that stayed in this room” had even more impact (also an example of how A/B testing of small details matters). In another study, a restaurant increased sales of specific dishes by 13-20% just by highlighting them as “our most popular items”. TV sitcoms laughter
- #5 Perhaps the most notable experiment (which most of us social scientists wheel out in articles like these!) was the 1969 experiment performed in New York by Milgram, Bickman & Berkowitz. These researchers proved that a group of four or more people standing on the sidewalk looking up at the sky will cause 80% of passers-by to perform the same action.
- #9 Eventbrite example…
- #10 Eventbrite example…
- #12 The number of people performing the behavior (scale). How similar we perceive those people to be to ourselves (similarity). The level of ambiguity or difficulty presented by the decision or environment (ambiguity). In the experiment where people on the sidewalk were staring up at the sky it was found that when only one person was staring up at the sky only 40% of people passing by performed the same action. When the number of people staring up at the sky was increased to five the percentage of people copying the behavior increased to 80%. As the number of people performing the same behavior increases so too does the degree to which we are influenced by that behavior. Cialdini describes another experiment (Bandura & Menlove, 1968) in which researchers proved that the most effective way to rid children of their phobias of dogs was to expose them to frequent films depicting many other children playing happily with dogs.
- #13 star ratings - no context
- #14 context, add similarity layer (other reviewers like you)
- #15 This example is another example of social proof with the benefit of ‘simplified relativity’. By ranking choices in sequence like this you help to short cut the mental process even further by eliminating the need for people to choose between items with the same star rating. Ranking systems like these use weightings which take into account the number of times a particular rating has been applied to give greater credibility to similarly rated items with differing numbers of ‘votes’. This form of social proof removes even more ambiguity and makes the decision process even easier:
- #17 Since it’s in advocates’ social DNA to recommend brands, share their expertise, and help others, it’s up to companies to tap into their enthusiasm and energize them to spread positive word of mouth.
- #18 According to Entrepreneur Media, word-of-mouth is one of the most credible forms of advertising because people who don't stand to gain personally by promoting something put their reputations on the line every time they make a recommendation.