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The Anatomy of Buzz Lessons in word of mouth marketing Emanuel Rosen Amsterdam January 13, 2009
Some definitions ,[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Some Numbers about Product Buzz Source: The Keller Fay Group. (U.S. Based)
Influences vary globally... but buzz is often a big part of it Source: GMI Poll, 2005, n=20,000
[object Object],[object Object]
Stimulating Buzz
1. Give us something to talk about
Conversation Hook and Product Benefit
2. Encourage Participation ,[object Object],[object Object]
 
3.  Encourage self-expression / creativity Candy machine by Anders Søborg
4. Make it easy (and fun) to spread the word
5. Be part of social interactions ,[object Object],[object Object],[object Object],Source: Ben & Jerry’s. (Illustration shows a later campaign)
6. Encourage Implicit Recommendation
7. Evoke an emotional response 69% of BzzAgents reported at least one word of mouth incident. (nearly 40% above the average level of their previous campaigns at that time.)
8. Find good stories
9. Listen and measure ,[object Object],[object Object],[object Object],[object Object],[object Object],So where do you start?
So far… ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
 
 
Self Expression
 
The Future of Word-of-Mouth Marketing
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],What do these companies have in common?
Word of Mouth Marketing Spending Source: PQ Media 2007 (U.S. Based). Does  not  include internal spending on word of mouth initiatives, one-time stunts, event marketing.
The Word of Mouth Marketing Industry ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Source: PQ Media 2007
 
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Three important concepts
1. Volume of buzz is important but so is dispersion ,[object Object],[object Object],[object Object],* Godes & Mayzlin  “Using Online Conversations to Study Word-of-Mouth Communication.”  Marketing Science  2004
2. Customers who buy the most don’t always bring most referrals * Kumar et al. “How Valuable is Word of Mouth?” Harvard Business Review , October 2007 ,[object Object],[object Object],[object Object]
3. “Viral” is just part of the story * Watts & Peretti. “Viral Marketing for the Real World.”  Harvard Business Review , 2007. ,[object Object],[object Object]
7 tips to get you started ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Anatomy of Buzz Lessons in word of mouth marketing Emanuel Rosen
4. Advertising still matters ,[object Object],[object Object],[object Object],[object Object],[object Object],* Nielsen. Niederhoffer et al. “The Origin and Impact of CPG New-Product Buzz”  J.of Advertising Research  2007 .
Ethical issues “ We stand against shill and undercover marketing, whereby people are paid to make recommendations without disclosing their relationship with the marketer.” Word of Mouth Marketing Association Code of Ethics
Why you need to be proactive ,[object Object],[object Object],[object Object],* East, et al. “The relative incidence of positive and negative word of mouth”  International J of Research in Marketing , 2007.

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