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Learning and insights on Buzz: What it is, how you generate buzz, how you leverage buzz, and how you monitor buzz.
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WELCOME TO OUTDOOR UNIVERSITY®
The Webinar will begin at2:00 p.m. (Mountain Time)
Consumer Buzz/Social Media
Managing Consumer Buzzon Social Media
Consumer Buzz/Social Media
Managing Consumer Buzzon Social Media
WELCOME TO OUTDOOR UNIVERSITY®
Consumer Buzz/Social Media
Consumer Buzz/Social Media
PresenterMike GeraciV.P. Strategic Development
Verde PR & Consulting
Consumer Buzz/Social Media
Consumer Buzz/Social Media
• PR• Strategic brand communications• Media Relations• Integrated social media campaigns• Online Community Relations• Social Influencer Marketing
What We Do
Consumer Buzz/Social Media
• What is Buzz?
• How do you Generate Buzz?
• How do you Leverage Buzz?
• How do you Monitor buzz?
Managing Consumer Buzz on Social MediaWill Cover
Consumer Buzz/Social Media
What is Buzz?• Buzz = WoM x 7• Word of Mouth (WoM) = Face to face, telephone,
email, text messaging...Most potent form of marketing
• Recommendations from family and friends trump all other consumer touchpoints when it comes to influencing purchases, according to new data from (Publicis media network ZenithOptimedia, 2008)
Managing Consumer Buzz with Social Media
Consumer Buzz/Social Media
What is Buzz?
• Online social network users were three times more likely to trust their peers’ opinions over advertising when making purchase decisions. (“Social Networking Sites: Defining Advertising Opportunities in a Competitive Landscape,” JupiterResearch, March 2007)
Managing Consumer Buzz with Social Media
Consumer Buzz/Social Media
What is Buzz?
• Consumers trust friends above experts when it comes to product recommendations (65% trust friends, 27% trust experts, 8% trust celebrities). (Yankelovich)
Managing Consumer Buzz with Social Media
Consumer Buzz/Social Media
What is Buzz?
• eMarketer found that for 18 to 34-year-olds, social media has become the second-most important marketing form, behind only recommendations from friends and family
Managing Consumer Buzz with Social Media
Consumer Buzz/Social Media
What is Buzz?
“When asked how certain sources influence respondents in the awareness, consideration and action phases of making a purchase, respondents consistently attribute strong to heavy influence to word-of-mouth from known peers, both online and off. This bears out across all phases, with influence nearly doubling during the awareness and action phases, as compared to the consideration phase.”
- Razorfish Social Influence Report ‘09
Managing Consumer Buzz with Social Media
Consumer Buzz/Social Media
What is Buzz?
• Buzz = WoM x 7?
• People need to have at least 7 touch points before they make a purchasing decision. (David Ogilvy)
• Buzz can be positive or negative
Managing Consumer Buzz with Social Media
Consumer Buzz/Social Media
How do you GENERATE buzz?
• Sociology – Understanding why people and groups act the way they do.
• Emotional Contagion - The tendency to catch and feel emotions that are similar to and influenced by those of others.
• How social channels turbo charge this
Managing Consumer Buzz with Social Media
Consumer Buzz/Social Media
How do you GENERATE buzz?
"Conversations about brands, products and services are increasingly woven into the interactions of social networks as a means to connect with others, and these conversations have great influence even though people aren't consciously asking about brand opinions."
- Shiv Singh, RazorfishFluent Social Influence Report
Managing Consumer Buzz with Social Media
Consumer Buzz/Social Media
Online Buzz drives offline
Managing Consumer Buzz with Social Media
Consumer Buzz/Social Media
Online Buzz drives offline
Consumer Buzz/Social Media
Why do people talk?
65% of forum contributors give advice offline based on information found online, compared with 35% of noncontributors.
Managing Consumer Buzz with Social Media
Consumer Buzz/Social Media
Why do people talk?• The “you” reason - People talk because you’re
creating or doing something worth talking about. Word of mouth only works for great products and great services sold by great people.
• The “me” reason - People talk when it makes them feel smart, important, or helpful. When we share recommendations about brands and products, there’s a lot of emotion behind it.
Managing Consumer Buzz with Social Media
Consumer Buzz/Social Media
Why do people talk?
• The “us” reason - It’s one of the most powerful human emotions, and whenever you can help your fans better organize themselves, you’re rewarded with real, sustainable word of mouth.
- Andy Sernovitz,
Damn I wish I’d thought of that
Managing Consumer Buzz with Social Media
Consumer Buzz/Social Media
How do you GENERATE buzz?
“Brands are built on what people are saying about you, not what you're saying about yourself. People say good things about you when…You have a great product and
You get people to spread the word about it.”
- Guy Kawasaki
Managing Consumer Buzz with Social Media
Consumer Buzz/Social Media
How do you generate Buzz?
• Be remarkable
• Be immersed
• Have an opinion – Don’t be Vanilla
• Take risks that benefit the community
• Be of service
• Boring offline, boring online
Managing Consumer Buzz with Social Media
Consumer Buzz/Social Media
How do you get people to spread the word?
• Target the influencers:– Activists: influencers get involved, with their
communities, political movements, charities and so on.– Connected: influencers have large social networks– Impact: influencers are looked up to and are trusted
by others– Active minds: influencers have multiple and diverse
interests– Trendsetters: influencers tend to be early adopters
(or leavers) in marketsKeller, Ed and Berry, Jon. The Influentials, Free Press, 2003
Managing Consumer Buzz with Social Media
Consumer Buzz/Social Media
How do you get people to spread the word?
• Social Influence Marketing (SIM)– Focus is placed on specific key individuals (or
types of individual) rather than the target market as a whole. It identifies the individuals that have influence over potential buyers, and orients marketing activities around these influencers.
Managing Consumer Buzz with Social Media
Consumer Buzz/Social Media
The Right People
• Key Influencers– Pros, guides, media, retailers,
• Social Influencers– Every day people who participate in social platforms
• Known Peer Influencers– Family members, friends…closest to inner circle
Managing Consumer Buzz with Social Media
Consumer Buzz/Social Media
HOW do you get them to spread the word?
Managing Consumer Buzz with Social Media
• Before you engage, you have to gather
• Build a relationship/establish trust
• Incentives
• Illusion of Scarcity
• Swag is (still) King
Consumer Buzz/Social Media
Department of Goods Launch
Managing Consumer Buzz with Social Media
Consumer Buzz/Social Media
Department of Goods Launch
Managing Consumer Buzz with Social Media
Strategy = Social Influence Marketing• Leverage all marketing channels to drive viral beta/VIP
launch– Best customers get email invite– Athletes posted code on their FB, blogs...– Media received 10 codes to give away– Communities– Facebook page
• Time sensitive viral VIP Code• 1 in 10 orders fully comped• $$$ in door prizes
Consumer Buzz/Social Media
Department of Goods Launch
Managing Consumer Buzz with Social Media
Consumer Buzz/Social Media
Department of Goods Launch Results
Managing Consumer Buzz with Social Media
• People posting codes in...• Twitter feeds• Online forum/community threads• Their Facebook profiles• Media held contests giving away codes for ReTweets,
Trivia, etc... (Wired, BoingBoing, Luxist...)• Facebook page hit 2,500 fans in 3 days• 50,000 visitors in first 7 days.
Consumer Buzz/Social Media
Department of Goods Launch Results
Managing Consumer Buzz with Social Media
• Build a relationship/establish trust • Incentives• Illusion of Scarcity• Swag is (still) King
Consumer Buzz/Social Media
How do you MONITOR Buzz?
Managing Consumer Buzz with Social Media
• Why is it important to monitor?– Customer Service– PR– Competitive Analysis– Crisis Management– Impressions– Trends– News– ROI
Consumer Buzz/Social Media
How do you MONITOR Buzz?
Managing Consumer Buzz with Social Media
• The (Free) Tools to Listen– Social Mention – (www.socialmention.com) – search.Twitter.com– Google Alerts (www.google.com/alerts)
• Premium Services– Channel Signal (www.channelsignal.com)– SM2 (Sm2.techrigy.com)
Consumer Buzz/Social Media
Monitoring Case Study
Managing Consumer Buzz with Social Media
• A Green Bay Packers football player, Nick Barnett, got mad at Backcountry.com.
• He tweeted that Backcountry.com showed him disrespect by inking ‘Go Bears’ on the box that contained his order, and then contacted CS to complain.
• Nick Barnett has 86,085 twitter followers, and his feed is aggregated into multiple NFL player twitter feeds, potentially reaching nearly a million followers nationwide.
Consumer Buzz/Social Media
Case Study:
Managing Consumer Buzz with Social Media
Consumer Buzz/Social Media
Case Study:
Managing Consumer Buzz with Social Media
Later, another tweet, very upset that his overnight package didn’t arrive on a Saturday (a misunderstanding), telling his followers never to order from Backcountry.com again:
Not only did these tweets reach a huge audience, they were ReTweeted extensively by his fans. It was a PR and CS nightmare.
Consumer Buzz/Social Media
Case Study:
Managing Consumer Buzz with Social Media
Communications started with this Tweet:
Consumer Buzz/Social Media
Case Study:
Managing Consumer Buzz with Social Media
Mea Culpa on our Blog
Consumer Buzz/Social Media
Monitoring Case Study
Managing Consumer Buzz with Social Media
This post was brought to the attention of Barnett, his followers and our customers via our Twitter feed:
CS called Barnett directly and spent five minutes on the phone with him apologizing and sharing a few laughs. Barnett was thoroughly impressed with the call and said: “Man, I really appreciate you taking the time to call. It shows your ethics in the business world, and you can consider me a repeat customer. You have won my business.”
Consumer Buzz/Social Media
Monitoring Case Study
Managing Consumer Buzz with Social Media
Barnett followed up with this tweet:
Greg Bedard of the Milwaukee Journal read The Goat blog post and tweeted this:
Consumer Buzz/Social Media
Monitoring Case Study
Managing Consumer Buzz with Social Media
Which was later picked up by Barnett himself
And ReTweeted by his fans...
Consumer Buzz/Social Media
So, yeah...Managing Consumer Buzz with Social Media
• Buzz happens...
• Brands need to “socialize” to help drive buzz
• Be remarkable, increase relevance and value
• Listen/Monitor
Consumer Buzz/Social Media
Links/Resources
Managing Consumer Buzz with Social Media
Infuse – Blog for Influencer Marketinghttp://influencer50.wordpress.com/
Andy Sernovitz – Damn, I wish I thought of thathttp://www.damniwish.com/
Guy Kawasaki – How to Change the Worldhttp://Blog.guykawasaki.com
White Paper: Razorfish Social Influence Marketing Reporthttp://fluent.razorfish.com/publication/?m=6540&l=1
White Paper: Creating Contagious:http://marketing.wharton.upenn.edu/documents/research/Creating%20Contagious.pdf
Consumer Buzz/Social Media
Questions
Mike GeraciVerde PR
[email protected]@mikethegeraci
@verdeprwww.verdepr.com/blog
Mikegeraci.posterous.com(307)734-7575
Consumer Buzz/Social Media