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Buzz Marketing
Written by: Mark DeoArticle Overview: Buzz Marketing. Why does it work, but more importantly, how can I get it to work for me?
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Buzz Marketing
What influences customers and prospects? Is it what a company says about their product or service through advertising, marketing and direct sales?
Or, is it what other people are saying about the company's product or service?
Surely, it’s the later. Then why do we spend so much time and money on traditional marketing, advertising and selling, and so very little on word of mouth marketing?
From Your Mouth to Their Ears
Most marketing focuses on building a case for a better product or service. This is good and necessary but it ignores the fact that for many, purchasing is part of a social decision. People rely on invisible networks of friends, relatives and co-workers for recommendations. This is buzz. I have spoken before about establishing a unique identity, branding and differentiation. Buzz is the natural extension of a branding and identity campaign. This is beginning to take a much more influential role in the purchasing decision.
Why Buzz Works
Today customers are suffering from information overload. They see and hear so many advertising and marketing messages that it becomes difficult to filter out what is valuable and credible through all the clutter and noise. As a result, customers are turning to their friends and associates for purchasing advice more than ever. Marketing experts believe that the new customer, Generation Y - those born between 1979 and 1994 - shop by word of mouth. In the coming years, buzz marketing may that much more important.
Buzz works so well because talking is in our genes. As human beings, we need to talk. We talk to connect with people. Sharing information is essential to our make-up. We talk about the latest movie we saw, the car we test drove, the book we read and so on.
How to Create Buzz
Here's some simple ways to create buzz about your product or service:
1. Good buzz begins with a positive customer experience.
There is no substitute for exceptional performance. The key here is to under promise and over deliver. Try to change your thinking from: "I need to get this sale," to "How can I get this prospect to talk about my product or service?"
2. Give a little away.
Ask yourself, "How can I get people to experience my product or service without them making a big commitment? How can I giveaway a small piece of my product or service so that people will start talking about it?" When Hotmail launched its web-based free email service, it experienced the fastest adoption rate of any product ever introduced. Subscriptions went from 0 to 12 million in just 18 months. Also, each person who signed up helped to recruit other members because a message was sent with each email.
3. Work at building trust
Let's face it at the core most customers and prospects are just plain skeptical. They don't trust us. To begin with, they don't know us. They don't know our values, our history, or our background. The more we tell them how great we are and how wonderful our product and service is, the less they trust us. Instead of pushing our product or service, let the product spread itself through the invisible customer networks through good buzz.
4. Know your customer.
If you want to create buzz, you have to know your customer and how you are reaching them. Ask yourself the following: From whom do your customers learn about your products? What do people say when they recommend your products? In what invisible networks are your products discussed? What kind of information spreads through the networks fastest?
When you follow these simple steps, your product or service should be the buzz of the town in short time!
Article Tags: advertising marketing, buzz marketing, clutter, co workers, customer experience, customer generation, differentiation, ears, friends relatives, generation y, genes, human beings, invisible networks, marketing advertising, prospects, social decision, time and money, traditional marketing, word of mouth, word of mouth marketing
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About the Author: Mark Deo RSS for Mark's articles - Visit Mark's website Mark Deo, CEO of SBA Network, Inc. leads a team of business growth consultants who work with senior level executive at Fortune 1000 companies in nearly every industry sector. He is an organizational psychologist and Master Instructor for Dale Carnegie Worldwide. As host of the CBS radio show, "The Small Business Hour" he was voted "Journalist of the Year" by the Small Business Administration. His latest book, The Rules of Attraction is available at www.markdeo.com and he can be contacted at 310-320-8190 or mark@markdeo.com. This e-mail address is being protected from spambots. You need JavaScript enabled to view it This email address is being protected from spam bots, you need Javascript enabled to view it, www.sbanetwork.org Click here to visit Mark's website No Time To Plan All You Can Eat Welcome to Paradise Now Go Home Strategic Planning Collaborate Rather Than Compete |
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