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New research on word of mouth marketing

 
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PostPosted: Fri May 19, 2006 8:34 pm    Post subject: New research on word of mouth marketing Reply with quote

<p><a href="http://www.emergencemarketing.com/images/Boldmouth%20report.png"><img alt="Boldmouth report.png" src="http://www.emergencemarketing.com/images/Boldmouth%20report-thumb.png" width="200" height="251" align="right" hspace="10" vspace="10" /></a><a href="http://www.boldmouth.com/">Boldmouth.com</a> has recently released a research report on perceptions, practices & ethics in word of mouth marketing (<a href="http://www.boldmouth.com/studies/word_of_mouth_marketing_research_boldmouth.pdf">pdf here</a>).</p>

<p>Some interesting findings from the study include:<ul><li>34.7% of study participants stated that they plan to use WOM marketing</li><li>Nearly 64% of all survey respondents noted that WOM is either "very important" or "extremely important" to their overall marketing plans</li><li>Interestingly enough, nearly 59% of respondents said that they had active WOM plans with an active WOM campaign in market</li><li>Nearly 90% (89.9%) of all study participants noted that WOM was ethical</li><li>80% of organizations reach out to both customers and prospects</li></ul><p>The numbers are probably a bit skewed in the positive direction, as a majority of early WOM efforts involve the the launch of a corporate blogging strategy - which fairly often does not result in any real word of mouth activity because of poor implementation. </p>

<p>Another interesting finding, reinforcing the need for companies to integrate their customer service into their overall brand communications strategy, is that 82.2% of respondent said that the "type of service that customers received" is what gets people talking, while 53.3% thought it was "satisfied customers." Contrast that to 35.6% who think that what gets people to talk is "advertising they've seen."</p>

<p><a href="http://www.emergencemarketing.com/archives/2006/05/can_word_of_mouth_marketi.php">BzzAgents may have proven</a> that you can "manage" the word of mouth channel for simple products - but can you really "manage it" for complex B2B products? </p>

<p>One thing is for sure - if your post-sale customer experience is not a good one, you will get a ton of negative word of mouth, and in this business, the mantra "any news is good news" clearly does not hold true.</p>

<p>[<strong>Technorati Tags:</strong> <a href="http://technorati.com/tag/word+of+mouth" rel="tag">word of mouth</a> <a href="http://technorati.com/tag/wom" rel="tag">wom</a> <a href="http://technorati.com/tag/onlinviral+marketing" rel="tag">viral marketing</a> <a href="http://technorati.com/tag/boldmouth" rel="tag">boldmouth</a>]</p>
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