14
Integrating Word of Mouth into the Advertising Mix November 2008 Louise Rijk Vice-President Marketing and Sales Advanced Media Productions, Inc. www.AdvMediaProductions.com

Integrating Word of Mouth Marketing (WOMM) into the Advertising Mix

Embed Size (px)

DESCRIPTION

The rising influence of word of mouth marketing (WOMM) - when consumers exchange ideas and recommendations about products, services and brands – especially online, may be relatively small, but is quickly growing. According to TalkTrack™, when people receive a word-of-mouth endorsement of a product by a true user, they are more impressed. In fact, when the product has been advertised before, the user is even more apt to recommend the product and the prospect is equally more inclined to try it. Louise Rijk, VP of Marketing and Sales, from Advanced Media Productions, will demonstrate how to integrate WOMM with advertising by using two real examples.

Citation preview

Page 1: Integrating Word of Mouth Marketing (WOMM) into the Advertising Mix

Integrating Word of Mouth into the Advertising Mix

November 2008

Louise RijkVice-President Marketing and Sales

Advanced Media Productions, Inc.

www.AdvMediaProductions.com

Page 2: Integrating Word of Mouth Marketing (WOMM) into the Advertising Mix

Overview

Word of Mouth Marketing

• What is Word of Mouth (WOM)?

• What is Word of Mouth Marketing (WOMM)?

• The Rising Influence of Word of Mouth

• The Return of Conversation in the Social Order

• Big Brands and Word of Mouth

• WOM and Advertising are Working Together

• Marketing/Advertising-driven Word of Mouth

• Integrating WOMM with Advertising

www.AdvMediaProductions.com

Page 3: Integrating Word of Mouth Marketing (WOMM) into the Advertising Mix

Word of Mouth Marketing

What is Word of Mouth (WOM)?

Word of Mouth is the act of consumers providing honestinformation to other consumers

Word of Mouth is driven by “influencers” with large socialnetworks who are inspired to talk positively about a brand, product or service

Organic WOM – Occurs naturally when people becomeadvocates because they are happy with a product or service

Amplified WOM – When marketers launch campaigns toaccelerate organic WOM (WOMM)

www.AdvMediaProductions.com

Page 4: Integrating Word of Mouth Marketing (WOMM) into the Advertising Mix

Word of Mouth Marketing

What is Word of Mouth Marketing (WOMM)?- Word of Mouth Marketing

- WOMM happens when people are given a reason to talk about a product(s) or service(s) – online and offline

- WOMM is based on driven customer satisfaction, two-way dialog and transparent communications

- Online Word of Mouth Marketing

- Online WOMM includes online consumer activities using Internet tools that allow the exchange of ideas about products, services and brands through social networks

- Online WOMM does not dissipate after a conversation as in the offline world

- Online WOMM’s share is relatively small, but growing- Approximately 20 percent of all WOM is currently happening online

www.AdvMediaProductions.com

Page 5: Integrating Word of Mouth Marketing (WOMM) into the Advertising Mix

Word of Mouth Marketing

The Rising Influence of Word of Mouth

Fragmentation of Media Consumption, More Consumer Control over Media, Declining Consumer Trust, New Internet Technologies

www.AdvMediaProductions.com

Page 6: Integrating Word of Mouth Marketing (WOMM) into the Advertising Mix

Word of Mouth Marketing

© 2008 Advanced Media Productions, Inc.www.AdvMediaProductions.com

The Return of Conversation in the Social Order

Page 7: Integrating Word of Mouth Marketing (WOMM) into the Advertising Mix

Word of Mouth Marketing

www.AdvMediaProductions.com

Big Brands and Word of Mouth

Page 8: Integrating Word of Mouth Marketing (WOMM) into the Advertising Mix

Word of Mouth Marketing

www.AdvMediaProductions.com

WOM and Advertising are Working Together

Page 9: Integrating Word of Mouth Marketing (WOMM) into the Advertising Mix

Word of Mouth Marketing

www.AdvMediaProductions.com

Marketing/Advertising-driven Word of Mouth

Source: Keller Fay TalkTrack ™

Email Marketing

2%

Promotion 6%

Point of Sale 6%

Web Sites 4%

Other 1%Direct Mail

2%

No

Media/ Marketing

Referenced

50%

Advertising 18%

Editorial/ Programs

11%

Page 10: Integrating Word of Mouth Marketing (WOMM) into the Advertising Mix

Word of Mouth Marketing

Source: Keller Fay TalkTrack ™www.AdvMediaProductions.com

Organic WOM is Most EffectivePeople on the “receiving side” of WOM are more impressed by advice give by a

true user of a brand

Page 11: Integrating Word of Mouth Marketing (WOMM) into the Advertising Mix

Word of Mouth Marketing

www.AdvMediaProductions.com

People are More Inclined to Recommend After Exposure to Marketing/Advertising

Source: Keller Fay TalkTrack ™

Page 12: Integrating Word of Mouth Marketing (WOMM) into the Advertising Mix

www.AdvMediaProductions.com

Word of Mouth Marketing

Integrated WOMM and Advertising Campaign

Page 13: Integrating Word of Mouth Marketing (WOMM) into the Advertising Mix

www.AdvMediaProductions.com

Word of Mouth Marketing

Integrated WOMM and Advertising Campaign

Page 14: Integrating Word of Mouth Marketing (WOMM) into the Advertising Mix

www.AdvMediaProductions.com

www.AdvMediaProductions.com

Word of Mouth Marketing

Thank You!