Word of Mouth - Here to stay?

Categories: Blog Life, Blog Marketing, Featured
Written By: BloggerSavvy
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I received a message from Erica DeWolf of eMarketing & New Media this morning and read an interesting post on her blog “Word of Mouth Marketing: Measurable?“. The discussion revolves, in part, around the various aspects of viral marketing vs. word of mouth. While there are pros and cons to both methods (and they both have their place and uses), I did not agree completely with the statement from Seth Godin: “…word of mouth is a decaying function…”

While I visit Seth Godin’s blog regularly (it’s a valuable resource!) and value the information and resources (he’s been blogging longer than I have), unless I’ve misunderstood, I just can’t agree that word of mouth is decaying, instead I think it’s a matter that less people are realizing, or learning how to use it effectively (my opinion of that blog post is that Mr. Godin appears to favour viral marketing over word of mouth; in this case). On the other hand Erica DeWolf’s post continues to quote Dave Balter, where he surmises that:

“Viral marketing is typically reserved for programs where the advertising is talked about as opposed to the product itself. A good example are viral videos, where the humor trumps the brand, ala Cadbury Schweppes drumming gorilla video—humorous partly due to the Phil Collins soundtrack, of course—and the parodies which followed.

Word of mouth is the actual sharing of an opinion about a product or service between consumers. Your viral marketing only works if it gets people talking about the product itself. If it doesn’t, you might create some laughter and awareness, but there won’t be a change in sales.”

Again, while these individuals have been blogging longer than I and certainly have had longer career’s within these arenas, I think a key point he makes in a very subtle way is that word of mouth is a real person-to-person sharing of an opinion - and the mere nature of that sharing is understandably powerful. He also points out that viral marketing has an Achilles heel, in that awareness does not change sales. Personally I’ve often seen viral videos of a product, service or public statement that are very funny, so much so that I pass them on. However, if asked what the product, service, etc was - I’d not have a clue! I’ve also often seen this on television advertising, the adverting is so funny and amusing that it captures 100% of my interest but 0% of knowledge retention. And here’s the funny thing, if someone specifically tells me about a good product or service - I remember it! Is word of mouth here to stay? I think it is!

This leads me to the opinion that both tools (viral and word of mouth) have their uses. The old saying “Find the golden middle-way” comes to mind. In my opinion, viral advertising is better used for short term traffic volume to garner awareness. Word of mouth, in my opinion, is a tool best used for long term steady traffic growth.

Dave Balter (founder of BzzAgent) authored an incredible,  readable, useful book, (which you can download a free copy, as a special treat to my readers):  The Word of Mouth Manual: Volume II. While the book is available for download through various blogs, I wanted to include it here for your ease and because I think all my readers should at the very least take a peek.

I’ve found the book to be valuable as it’s not written from a simple, knowledgeable perspective. It’s different! Instead, it’s written by an individual who lives and breathes “Word of Mouth”. I’m learning from his book, how “managed” word of mouth can help me reach my goals. In my case, I’ve learned that the products and services I provide do not promote (or speak) for themselves, rather the use of managed, guided word of mouth will better enhance my exposure and awareness (by other people of my products and services).

To be honest, I initially did not think the book would be worthwhile, but downloaded it anyway. It was only after I scanned a few pages that I thought it was good, and began reading. I also found it particularly useful in that it presented me with good ideas and interesting arguments. whether you’re aware of it or not, you’ll want to download a copy as well. I’m not suggesting that 100% of the content is for you (as there were some parts I did not focus to much on while reading as I was familiar with them), I’m sure that there’s at least one gem that will help you!

Overall, I found it also helped me to broaden my own perceptions and ideas while giving me some useful tips. And I don’t mind saying that it was also a good read.

But don’t take my word for it (or dare I say pandering?); to make my point, what’s unusual about the photo below and why?

Word of Mouth - Banana

Download: The Word of Mouth Manual: Volume II and read the book to find out!  Please don’t forget to share the link on twitter!

What’s your take on the book? Do you agree with my opinions? Feel free to add your thoughts and opinions below.

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9 Responses to “Word of Mouth - Here to stay?”

  1. Scott Mahler Scott Mahler Says:

    I actually read Erica’s post a few days ago myself, and coudn’t agree with both of you more. Anybody that thinks word-of-mouth marketing is decaying doesn’t truly understand social media. That’s all you’re doing, when you post your tweets, submit to digg and stumbleupon; spreading the word, getting your name out there, building relationships and hearing what people are saying about you, your company and product. The old adage is that you can’t pay enough money to replace word-of-mouth advertising, and I for one happen to still believe this is true.

    http://www.datexmedia,wordpres.....s.com

  2. Julies88 Julies88 Says:

    Okay, what’s unusual about the banana picture? I don’t get it. I re-read your post many times, can’t find any clue?

  3. Blogger Savvy BloggerSavvy Says:

    Read the book from cover to cover, learn what it has to say (and use what you learn in practice). At the end, it will be very obvious (the answer is in the book). :)

  4. Tyler LeCompte Tyler LeCompte Says:

    BS,

    Great piece. I also received Erica’s post about WOM measurement, and am actively working in this field. You have some excellent points and post-links that give great info for anyone looking to expand their understanding of this topic. WOM is not decaying, only morphing into the Social Media environment as a new animal thanks to expanded technology. Through consumers ability to actively promote/critique a particular product or service in immediate multimedia arenas, WOM is now “virtual”. Anything that can be found on the internet can be measured…
    Keep up the good writing!

  5. Blogger Savvy BloggerSavvy Says:

    @Tyler LeCompte - Thanks for the input. “Morphing”, now there’s a good definition! I’ve also noticed personally, that when I choose to purchase a service or product, I always ask those around me for opinions. More to the point, it’s suggestions I’m asking. “Do you know a product that…” or “Do you know someone who can…” and so on. And if I don’t know anyone directly, I fall back to customer/client reviews. If I’m becoming increasingly reliant on WOM, I’m sure many others are too!

  6. Erica DeWolf Erica DeWolf Says:

    Excellent post, and thanks for referencing my post, as well! I think my main concern is how we define word of mouth and viral marketing; how we differentiate the two. It seems everyone has a different definition, so when one says that word of mouth is decaying, they may not be thinking about word of mouth in the same way as us.

    The words are all relative.

    Thanks again for the post, and the link!

  7. Blogger Savvy BloggerSavvy Says:

    @ Erica DeWolf - Thanks! I enjoy your blog now. I like that you often think “individually” instead of writing what people may simply expect - that’s refreshing! And certainly provides interesting quality. Cheers!

  8. Jennifer Larson Jennifer Larson Says:

    Word-of-mouth advertising is vital, for any company or business that expects to create and retain a loyal customer base. I know I take a personal recommendation much more seriously than a commercial. On the flip side, I will avoid a product like the plague, if somebody has told me it doesn’t work, or the customer service was bad. This is an important aspect of any marketing plan, thanks for sharing it.

  9. Blogger Savvy BloggerSavvy Says:

    @Jennifer Larson - Funny you would touch on that. I find I have the same perspective when someone I trust tells me something negative. Even if sales personnel do a superlative job in showing me otherwise, I’m still reluctant (at best).

    From personal experience 95% of my business is from word-of-mouth, through existing clients and friends. If I take good care of them, they take care of me. So much so that if something needs to be fixed, any business should realize that it’s often wise to take a short term loss to keep a loyal client happy - And safeguard long term growth!

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