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Why Your Business
Can’t Ignore
Advocate Marketing
A Presentation by
Everyone who’s studied business or marketing should know that
keeping customers is more cost efficient than acquiring new ones.
What you may not know is how to use advocate marketing to
recruit existing customers into your customer acquisition program.
This presentation will explain
why Advocate Marketing is important,
and how you can use it to grow your business.
What is
an Advocate?
Software provider
defines an advocate this way:
“Advocates are not just satisfied customers. They are
enthusiasts who embrace your company’s vision and willingly
advance your interests through their interaction with others.
Whether by sharing experiences online, referring new
business, or recommending your products, these supporters
have enormous influence on your brand, demand generation,
and pipeline efforts.”
The Importance of
Word-of-Mouth
In nearly every industry, consumers and business
professionals alike trust the opinions of their peers more
than they trust brands.
Nielsen found that 84 percent of consumers take opinions
of family and friends most seriously when making
purchase decisions.
84%
This reliance is even more pronounced in the B2B world.
When you convert someone from a customer into an
advocate, you’re placing an agent on the inside.
97%
In 2014, Spiceworks research found that 97 percent of IT
buyers rely on peer recommendations as well as ratings
and reviews when choosing business software.
92%
92 percent of the same audience also relied on IT forums
in their decision-making process.
How IT Buyers Consume Their Content
Use during buying cycle
Use specifically for research/awareness
Use specifically for vendor consideration
100
80
60
40
20
0
97%
82% 79%
How IT Buyers Consume Peer Recommendations
How IT Buyers Consume Their Content
Use during buying cycle
Use specifically for research/awareness
Use specifically for vendor consideration
100
80
60
40
20
0
97%
80% 79%
How IT Buyers Consume Ratings and Reviews
How IT Buyers Consume Their Content
Use during buying cycle
Use specifically for research/awareness
Use specifically for vendor consideration
100
80
60
40
20
0
89%
75%
54%
How IT Buyers Consume Free Product Trials
Did You Know?
Docusign’s advocate program influenced
over $3 million in revenue.
“Influitive...gives DocuSign a powerful way to
gather advocates in one place and tap into our
customers’ passion.”
“Influitive...gives DocuSign a powerful way to
gather advocates in one place and tap into our
customers’ passion.”
- Meagen Eisenberg, VP of Demand Generation
How to Build
Advocacy with
Customers
Your current base of repeat clients is the most logical
place to start growing advocates.
Before you start building the program,
you need to identify the type of customer that would
make a good advocate.
Consider these three questions:
Consider these three questions:
Do you have an ideal industry or business type for
your product? Do your advocates work in such an
environment?
1 Do you have an ideal industry or business type for
your product? Do your advocates work in such an
environment?
Consider these three questions:
Do you have an ideal industry or business type for
your product? Do your advocates work in such an
environment?
Is the advocate active in the appropriate
communities? Do they engage in online forums or get
involved in professional groups?
1
2
Do you have an ideal industry or business type for
your product? Do your advocates work in such an
environment?
Consider these three questions:
Do you have an ideal industry or business type for
your product? Do your advocates work in such an
environment?
Is the advocate active in the appropriate
communities? Do they engage in online forums or get
involved in professional groups?
How can you entice a customer to advocate for your
brand? What do they need in exchange?
1
2
3
Do you have an ideal industry or business type for
your product? Do your advocates work in such an
environment?
?
At its core, advocate marketing is
melding your outreach into a coordinated campaign
- complete with an ask and reward
At its core, advocate marketing melds your
outreach into a coordinated campaign that
includes an ask and a reward.
Every attempt for advocacy will involve asking customers
to do something in exchange for a reward.
Examples:
Examples:
• Ask for an advocate to write a review of your product
Examples:
• Ask for an advocate to write a review of your product
• Ask them to refer a new customer
Referring a new customer is obviously the higher-value
advocacy action.
Try to match the reward
with the amount of effort you’re asking for.
How to Build
Advocacy with
Employees
Advocacy marketing doesn’t only have to target
customers; employees are excellent brand advocates, too.
Employee advocacy asks could be as simple as sharing
company content on social media or as detailed as leaving
a review on an employment job forum.
Especially by sharing photos and other content related to
the culture of the company,
your employees can be the driving force behind your brand.
They can convince potential customers that your business
is a vibrant, friendly establishment, rather than a cavern
of whitewashed walls and stale coffee.
Conclusion
Advocate marketing grants marketers the ability to
control their brand narrative from a perspective
outside the office.
By recruiting the real professionals who use your product or
service, you’re essentially developing a network of fans who
not only reinforce your brand’s story,
but also contribute to real business results by referring new
customers and leaving positive product reviews.
About
TechnologyAdvice
Working with a third-party resource like TechnologyAdvice
is a great way to build customer advocacy.
By listing products and services on our site, you not only
expand your marketing reach by tapping a new audience,
but you also gain a valuable opportunity to build positive
rapport through referrals and reviews.
Want to
learn more?
Have Questions?Our team of experts is ready to help!
877.720.3289
Have Questions?
Our team of experts is ready to help!
Visit http://technologyadvice.com/vendor-information/

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Why Your Business Can't Ignore Advocate Marketing

  • 1. Why Your Business Can’t Ignore Advocate Marketing A Presentation by
  • 2. Everyone who’s studied business or marketing should know that keeping customers is more cost efficient than acquiring new ones.
  • 3. What you may not know is how to use advocate marketing to recruit existing customers into your customer acquisition program.
  • 4. This presentation will explain why Advocate Marketing is important, and how you can use it to grow your business.
  • 6. Software provider defines an advocate this way:
  • 7. “Advocates are not just satisfied customers. They are enthusiasts who embrace your company’s vision and willingly advance your interests through their interaction with others.
  • 8. Whether by sharing experiences online, referring new business, or recommending your products, these supporters have enormous influence on your brand, demand generation, and pipeline efforts.”
  • 10. In nearly every industry, consumers and business professionals alike trust the opinions of their peers more than they trust brands.
  • 11. Nielsen found that 84 percent of consumers take opinions of family and friends most seriously when making purchase decisions. 84%
  • 12. This reliance is even more pronounced in the B2B world.
  • 13. When you convert someone from a customer into an advocate, you’re placing an agent on the inside.
  • 14. 97% In 2014, Spiceworks research found that 97 percent of IT buyers rely on peer recommendations as well as ratings and reviews when choosing business software.
  • 15. 92% 92 percent of the same audience also relied on IT forums in their decision-making process.
  • 16. How IT Buyers Consume Their Content Use during buying cycle Use specifically for research/awareness Use specifically for vendor consideration 100 80 60 40 20 0 97% 82% 79% How IT Buyers Consume Peer Recommendations
  • 17. How IT Buyers Consume Their Content Use during buying cycle Use specifically for research/awareness Use specifically for vendor consideration 100 80 60 40 20 0 97% 80% 79% How IT Buyers Consume Ratings and Reviews
  • 18. How IT Buyers Consume Their Content Use during buying cycle Use specifically for research/awareness Use specifically for vendor consideration 100 80 60 40 20 0 89% 75% 54% How IT Buyers Consume Free Product Trials
  • 20. Docusign’s advocate program influenced over $3 million in revenue.
  • 21. “Influitive...gives DocuSign a powerful way to gather advocates in one place and tap into our customers’ passion.”
  • 22. “Influitive...gives DocuSign a powerful way to gather advocates in one place and tap into our customers’ passion.” - Meagen Eisenberg, VP of Demand Generation
  • 23. How to Build Advocacy with Customers
  • 24. Your current base of repeat clients is the most logical place to start growing advocates.
  • 25. Before you start building the program, you need to identify the type of customer that would make a good advocate.
  • 26. Consider these three questions:
  • 27. Consider these three questions: Do you have an ideal industry or business type for your product? Do your advocates work in such an environment? 1 Do you have an ideal industry or business type for your product? Do your advocates work in such an environment?
  • 28. Consider these three questions: Do you have an ideal industry or business type for your product? Do your advocates work in such an environment? Is the advocate active in the appropriate communities? Do they engage in online forums or get involved in professional groups? 1 2 Do you have an ideal industry or business type for your product? Do your advocates work in such an environment?
  • 29. Consider these three questions: Do you have an ideal industry or business type for your product? Do your advocates work in such an environment? Is the advocate active in the appropriate communities? Do they engage in online forums or get involved in professional groups? How can you entice a customer to advocate for your brand? What do they need in exchange? 1 2 3 Do you have an ideal industry or business type for your product? Do your advocates work in such an environment?
  • 30. ? At its core, advocate marketing is melding your outreach into a coordinated campaign - complete with an ask and reward At its core, advocate marketing melds your outreach into a coordinated campaign that includes an ask and a reward.
  • 31. Every attempt for advocacy will involve asking customers to do something in exchange for a reward.
  • 33. Examples: • Ask for an advocate to write a review of your product
  • 34. Examples: • Ask for an advocate to write a review of your product • Ask them to refer a new customer
  • 35. Referring a new customer is obviously the higher-value advocacy action.
  • 36. Try to match the reward with the amount of effort you’re asking for.
  • 37. How to Build Advocacy with Employees
  • 38. Advocacy marketing doesn’t only have to target customers; employees are excellent brand advocates, too.
  • 39. Employee advocacy asks could be as simple as sharing company content on social media or as detailed as leaving a review on an employment job forum.
  • 40. Especially by sharing photos and other content related to the culture of the company, your employees can be the driving force behind your brand.
  • 41. They can convince potential customers that your business is a vibrant, friendly establishment, rather than a cavern of whitewashed walls and stale coffee.
  • 43. Advocate marketing grants marketers the ability to control their brand narrative from a perspective outside the office.
  • 44. By recruiting the real professionals who use your product or service, you’re essentially developing a network of fans who not only reinforce your brand’s story,
  • 45. but also contribute to real business results by referring new customers and leaving positive product reviews.
  • 47. Working with a third-party resource like TechnologyAdvice is a great way to build customer advocacy.
  • 48. By listing products and services on our site, you not only expand your marketing reach by tapping a new audience,
  • 49. but you also gain a valuable opportunity to build positive rapport through referrals and reviews.
  • 51. Have Questions?Our team of experts is ready to help! 877.720.3289 Have Questions? Our team of experts is ready to help! Visit http://technologyadvice.com/vendor-information/