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Word of Mouth Marketing
Word of
mouth marketing is very powerful. Unfortunately, it works in a
negative way more powerfully than it does in a positive way. I've
heard that every upset person will tell 8 people about their bad
experience, whereas a happy person may only tell 1 person. That
effectively means that you better provide good service and have a great
product.
Pete Blackshaw asks some good
questions that any company seeking to perform viral marketing should
address:
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Are we nurturing or compromising the integrity of trusted
consumer-to-consumer conversations? Are marketer-designed
word-of-mouth programs helping or hurting?
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Are we sufficiently transparent in the way we message with consumers
in the so-called "trust zone"? If we're not, what's the risk and
associated cost?
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If we use incentives to drive word-of-mouth, are there important
disclosure obligations? Should a more rigorous disclosure standard
apply to younger consumers and/or their parents?
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Why even consider offering incentives to consumers when viral brand
enthusiasts are already sitting in our corporate opt-in database?
Maybe we just need to retool our segmentation models.
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If things go wrong, who's accountable: the brand group, the agency, or
the viral marketing firm?
Explore
Ryan Pitylak Viral Marketing Services further:
Ryan Pitylak
(512) 826-5330
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