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A brief discussion of
WOM measurement
An experiment
where I’ll share the data
An offer
to continue the discussion
“Even	
  in	
  today’s	
  digital	
  
world,	
  90	
  percent	
  of	
  
recommenda:ons	
  that	
  
lead	
  to	
  consumer	
  ac:on	
  
happen	
  offline.”	
  
101	
  of	
  WOM	
  Measurement	
  
	
  
Ac3ons	
  vs	
  Value	
  
ROI	
  is	
  monetary	
  (unless	
  it	
  isn’t)	
  
Think	
  measure	
  first	
  
102:	
  Outcomes	
  
	
  
Revenue	
  
Costs	
  
Brand	
  Percep3on	
  
201	
  Measure:	
  Before	
  a	
  Program	
  
	
  
«  The	
  offline	
  conversa3on	
  volume	
  and	
  brand	
  awareness	
  
«  Third-­‐party	
  scoring	
  results	
  
«  The	
  individual's	
  or	
  cohort’s	
  sen3ment	
  towards	
  a	
  brand	
  or	
  topic	
  
«  Content	
  quality	
  and	
  quan3ty	
  
«  Network	
  size	
  and	
  centrality	
  
«  The	
  individual’s	
  or	
  cohort’s	
  authority,	
  trust	
  and	
  credibility	
  
201	
  Measure:	
  ASer	
  a	
  Program	
  
	
  
«  Number	
  of	
  conversa3ons	
  about	
  the	
  campaign	
  or	
  topic	
  of	
  interest	
  	
  
«  Number	
  of	
  people	
  that	
  share	
  your	
  content	
  	
  
«  Number	
  of	
  comments	
  on	
  you	
  content	
  	
  
«  Number	
  of	
  ac3ons	
  taken	
  on	
  branded	
  proper3es	
  as	
  a	
  result	
  of	
  your	
  WOM	
  	
  
ac3ons	
  (click-­‐through	
  rates,	
  3me	
  on	
  site)	
  	
  
«  Purchases	
  aTributed	
  to	
  your	
  WOM	
  efforts	
  
«  Referrals	
  aTributed	
  to	
  your	
  WOM	
  efforts	
  
«  Matched	
  market	
  studies	
  (expensive)	
  
«  Survey	
  for	
  before	
  and	
  aSer	
  changes	
  in	
  ac3vity	
  and	
  aXtudes	
  aTributed	
  to	
  
your	
  WOM	
  efforts	
  (consider	
  surveying	
  in	
  person	
  or	
  phone	
  as	
  opposed	
  to	
  
electronic)	
  	
  
301	
  =	
  Nuance	
  
	
  
Scope:	
  U3lity	
  or	
  Project	
  Basis	
  
ATribu3on	
  –	
  Create	
  your	
  own	
  3me-­‐based	
  model	
  
Our	
  Experiment	
  
	
  
1	
  boTle	
  each	
  
2	
  cards	
  =	
  keep	
  one;	
  share	
  one	
  
3	
  weeks	
  we’ll	
  share	
  the	
  ROI	
  of	
  this	
  
experiment	
  and	
  blog	
  about	
  it	
  
Offer	
  to	
  con3nue	
  the	
  discussion	
  
	
  
nbeam@mo3vequest.com	
  
neil@lagrima.com	
  
	
  

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A Discussion about Word of Mouth Marketing

  • 1. A brief discussion of WOM measurement An experiment where I’ll share the data An offer to continue the discussion
  • 2.
  • 3. “Even  in  today’s  digital   world,  90  percent  of   recommenda:ons  that   lead  to  consumer  ac:on   happen  offline.”  
  • 4. 101  of  WOM  Measurement     Ac3ons  vs  Value   ROI  is  monetary  (unless  it  isn’t)   Think  measure  first  
  • 5. 102:  Outcomes     Revenue   Costs   Brand  Percep3on  
  • 6. 201  Measure:  Before  a  Program     «  The  offline  conversa3on  volume  and  brand  awareness   «  Third-­‐party  scoring  results   «  The  individual's  or  cohort’s  sen3ment  towards  a  brand  or  topic   «  Content  quality  and  quan3ty   «  Network  size  and  centrality   «  The  individual’s  or  cohort’s  authority,  trust  and  credibility  
  • 7. 201  Measure:  ASer  a  Program     «  Number  of  conversa3ons  about  the  campaign  or  topic  of  interest     «  Number  of  people  that  share  your  content     «  Number  of  comments  on  you  content     «  Number  of  ac3ons  taken  on  branded  proper3es  as  a  result  of  your  WOM     ac3ons  (click-­‐through  rates,  3me  on  site)     «  Purchases  aTributed  to  your  WOM  efforts   «  Referrals  aTributed  to  your  WOM  efforts   «  Matched  market  studies  (expensive)   «  Survey  for  before  and  aSer  changes  in  ac3vity  and  aXtudes  aTributed  to   your  WOM  efforts  (consider  surveying  in  person  or  phone  as  opposed  to   electronic)    
  • 8. 301  =  Nuance     Scope:  U3lity  or  Project  Basis   ATribu3on  –  Create  your  own  3me-­‐based  model  
  • 9. Our  Experiment     1  boTle  each   2  cards  =  keep  one;  share  one   3  weeks  we’ll  share  the  ROI  of  this   experiment  and  blog  about  it  
  • 10. Offer  to  con3nue  the  discussion     nbeam@mo3vequest.com   neil@lagrima.com