Buzz Marketing
Buzz Marketing
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!
Buzz Marketing - To learn more about this author, visit Mark Deo's Website.
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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!
Buzz Marketing - To learn more about this author, visit Mark Deo's Website.
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John PowerJohn Power, founder of Biltmore Franchise Consulting, has extensive experience developing and marketing franchises and business opportunities. He has been in and around franchising for over twenty years. From 1980 through 1990 he conceptualized, organized, and developed the American Video Association. He grew AVA to 2,000 national members, before selling the company it 1990. It was later merged into another home video marketing company. From 2000 to 2005 he worked as a contract marketing and human resources consultant to several local and national companies. In 2005 Mr. Power began working as a franchise development consultant on a full-time basis. Since that time he has helped more than three dozen companies initiate and develop their franchising program. He notes that there are many companies interested in developing a franchise program, and who need his specialized assistance. Mr. Power is a “hands-on” franchise consultant. He said, “I am the ‘nuts and bolts’ person who tends to the details for my clients.” Mr. Power holds a B.S. degree with a major in Marketing. See: www.biltmorefranchise.com You may contact Mr. Power at: jpower@biltmorefranchise.co - Visit John Power's Website |
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Jeff FosterWebBizIdeas.com is a Minneapolis website design company founded to help people start an internet business by providing them with website, business, and internet resources that help foster the growth of successful online businesses and develop innovative Internet business ideas. We specialize in internet consulting & internet marketing. - Visit Jeff Foster's Website |
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Stephanie RobeyStephanie Robey is President and CoFounder of Pivot Positive, LLC - an Internet marketing business focused on helping people start work at home ventures. Previously, she was employed at The Search Agency with over 20 years experience in graphic design and 10 years experience in online marketing. She was responsible for launching the Conversion Path Optimization (CPO) unit where she and her team have conducted hundreds of optimization tests for online companies across multiple verticals. She is a successful entrepreneur having started and sold 2 companies and remains on the board of directors of the third, PhotoSpin.com Stephanie began her career in the direct marketing realm creating and producing direct mail for many of the major cable television companies and directly attributes her understanding of Internet marketing to those early offline experiences. Stephanie is a graduate of San Diego State University with a BFA in Graphic Arts and also holds an Executive MBA from the Graziadio School of Business and Management at Pepperdine University. Read Steph's Blog Meet Steph and Dave Sign up for our Free 7-Day BootCamp: Self Employed & Rich - Visit Stephanie Robey's Website |
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David AchesonDavid Acheson is the founder of DCJA Consultancy. DCJA Consultancy is a management consultancy business specialising in B2B sales consultancy. They offer bespoke and packaged sales consultancy including Sales Optimisation Review, Interim Sales Management, Sales & Marketing Review, 1:1 Sales & Management Staff Analysis, Management Training, Solution Sales Training, Creation of New Pay Plan, KPI's, run Customer Feedback Campaigns, assist with Recruitment, Coaching, Appraisals and set up Strategic Marketing Campaigns. David spent his early career in accountancy and then moved into sales in 1982, working in Office Equipment, IT, Advertising, Training, Outsourcing and Consultancy. He has held many Senior Positions in SMBs and Global Organisations including Head of Sales Operations & Head of Business Development. His knowledge, skills and great experience of the Sales Industry has led to David making keynote speeches and running educational sessions to key businesses through organisations including The Chamber of Commerce and Business Link. - Visit David Acheson's Website |
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Jay Kubassek(Jay's Full Bio: EvanCarmichael.com/jaykubassek) In five years, Canadian-born entrepreneur Jay Kubassek went from selling mufflers at a Midas franchise to revolutionizing Internet marketing with the 2004 launch of CarbonCopyPRO, a online marketing education company, now worth over $20 million with customers in over 160 countries.
As an independent film producer, his upstart film fund Aliquot Films is currently producing a films with Spike Lee and Abel Fererra (starring Ethan Hawke and Dennis Hopper.)
Jay's entrepreneurial spirit is irrepressible. He’s the owner of five companies, a professional speaker and trainer, international real estate developer/investor, extreme sport enthusiast and emerging philanthropist. Jay resides in NYC with his wife Jamie, son Milo and dog Cooper. Visit Jay's official website: www.JayKubassek.com - Visit Jay Kubassek's Website |
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