Late last week I had the chance to participate as a faculty member at WOMM-U,
an engaging event put on by the Word of Mouth Marketing Association
(which my employer, Ogilvy PR, is a member of). My role was somewhat
unique among other speaking events that I have done - along with Jason
Anello from Yahoo!, I was meant to lead six half hour sessions on the
topic of "speed trials" of tools in the WOM and social media space. It
was a relatively open topic, discussed in round table formats, however
the nice thing about it was that it really gave me a chance to spend
some time individually with many of the attendees of the event in a way
that I typically don't get. As a result, I came away extremely excited
about the interest level in WOM among top marketers, as well as the
common challenges that many of us face.
As WOM emerges as a notable branch of marketing (and by most reports
at WOMM-U, it has already done so with nearly a billion dollars
expected to be spent on WOM this year alone), people start to take
different approaches to defining it within their organization and to
their peers. The most interesting thing for me from WOMM-U was that
three core philosophies seemed to emerge for how people were defining
word of mouth, and they each have some interesting lessons for you if
you are planning to start a word of mouth effort or need to justify one
to your boss:
- WOM is a channel. This is one of the most
popular ways of looking at word of mouth marketing, promoted by groups
such as BzzAgent and RepNation because of how easy it is to explain to
traditional marketers. When you treat WOM like a media channel, then
you can buy and sell it just like you do for TV or Radio or Online Ads.
This is a great way to describe it if your audience is people who
understand traditional media planning and think in terms of impressions
and CPCs. This also plays well to models like BzzAgent where you have a
defined pool of people who are measurable because they represent a
subset of an audience. It becomes tougher (but not impossible) when you
focus on a wider pool of people.
- WOM is an outcome. A refrain heard from many
people at WOMM-U, this was the broader view that WOM should be a core
element of all your marketing. Everything from your TV spots to your
online community is driving people to share their experience with
others. Think of this not as "conversion-based marketing" but rather
as "conversation-based marketing." When WOM is treated as an outcome of
all your acitivities, you can start to think more broadly about what
your marketing is doing. Jeffrey Graham from the NY Times shared an
interesting point that you need to think of your newspaper budget (for
example) as a WOM budget. Once you do that, there is a whole difference
lens you can use on your current marketing (without having to find new
budget too!) aa
- WOM is viral/buzz. This is one of the most common
perceptions about WOM, that it is all about having something go viral
or building a buzz. At our round table, this question came up
frequently. There are indeed some poeple who believe that WOM is all
about viral marketing and it is a valid point of view. The way I
usually describe the difference is through the importance of belief.
Viral or buzz marketing is all about having one person pass something
along to someone else for any quality (not necessarily one that is
around the brand). You may pass a viral video about Burger King onto
someone else because it's funny, not because you love Burger King. WOM
on the other hand, typically involves some kind of belief.
Have you made word of mouth marketing a core element of your
marketing strategy? If so, which philosophy has worked for you to
describe and position it within your organization? And are there any
others that are missing?
Rohit Bhargava
This piece was originally published on Rohit's blog, Influential Marketing, and is posted on DMW with the author's permission. Rohit's bio can be viewed here.
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