Word-Of-Mouth Marketing Is Still Very Effective

Word-Of-Mouth Marketing Is Still Very Effective

Word-of-mouth advertising is 10 times more effective than a traditional ad. Contrary to popular belief, less than 10 percent of those sought-after personal recommendations happen online.

In addition to word of mouth marketing, don’t forget online marketing sites. You can visit 40billion.com which is a fastest-growing network of entrepreneurs and crowdfunders. They specialize in promotion of small businesses by broadcasting and promoting to its large network of several million users across the most popular social networking sites for small businesses – including Twitter, LinkedIn, 40Billion, and even Facebook. Innovative services such as promoted company listings were created for small entrepreneurs to tap into a growing, active network online without spending thousands on pay-per-click ads or traditional advertising. They also offer crowdfunding promotion and promote crowdfunders and their campaigns/projects.

What makes people likely to talk about your business and share your digital content via email, social media, or face-to-face? Here are some tips for encouraging people to spread the word about your business online:

1. Be emotional. which types of New York Times articles get emailed most often by readers, it was discovered that emotion, particularly awe, leads to transmission. If you’ve just read this story that changes the way you understand the world, you want to talk to others about what it means. You want to proselytize and share the feeling of awe. If you read the article and feel the same emotion, it will bring us closer together. The takeaway: If you can attach an emotion to how your products or services are perceived, you can increase the likelihood of it being talked about online.

2. Mint social currency. Social currency can be defined as having access that, in turn, gives a person value. This might be something as simple as a party invitation that makes its recipient think, I’m special, I’m on the list of invitees and others are not. The takeaway: Creating a sense of privilege or exclusivity can improve the odds you’ll prompt word-of-mouth marketing.

3. Use triggers. If something can prompt people to share your marketing message, that increases its chances of being shared. Research showed that social chatter about the ad spiked on Wednesdays. The takeaway: Seek natural, organic triggers to drive discussion of your products or services.

4. Be accessible. One of the important factors in determining whether or not a product gets talked about is how accessible it is. People are more likely to discuss a product that’s in front of them than one that’s out of sight and out of mind. The takeaway: Placing your product in consumers’ hands is critical to creating buzz.

5. Combine accessibility and triggers. You can increase the odds of getting your products and services talked about by as much as 15 percent when you pair access with triggers, according to a study by the Grocery Marketing Association. The takeaway: Consider giving away branded goods, such as T-shirts, hats, or stickers.

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