Topic: Word of Mouth
Photo courtesy of DavidK-Oregon
Podcast Episode #74 of the internet show about small business marketing
The first thing you need to know is where word of mouth takes place. It may surprise you that social media is not as important as the current hype suggests. The second thing you need to know is how you can create word of mouth conversation for your business. It may surprise you that it can be deliberately baked in to your business.
In this episode of Power to the Small Business podcast, you get a double shot of word of mouth wisdom for no extra charge! Two word of mouth braniacs join host Jay Ehret to discuss the where and the what of word of mouth. Learn where you might be wasting time trying to create conversation, and also get some practical tips on how you can use the 4 P’s of marketing to deliberately create word of mouth.
Guests:
Ed Keller, CEO of Keller Fay Group
John Moore, Marketingologist at Brand Autopsy Marketing Practice
Jay Ehret – The Marketing Spot (Podcast Host)
Length: 38 minutes
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SHOW NOTES
Ed Keller on The Where of Word of Mouth
- Marketing and advertising stimulate word-of-mouth conversations
- Use your advertising to talk to your current customers instead of trying to attract new customers
- Being present in advertising is important for word of mouth because it queues up your brand for conversation
- 50% of all brand related word of mouth references marketing related activities
John Moore on The What of Word of Mouth
- True word of mouth is how a business does business every day
- Give people a reason to talk about you. Design products and services that are worthy of conversation
- Deliberate Intention: Make every customer touchpoint a talking point by showing your personality
- Use the 4 P’s of marketing to make sure you cover every customer touchpoint: Product, Price, Promotion, Place
SELECTED QUOTES FROM ED KELLER
On why word of mouth is important in the marketing mix:
“For a growing number of large, as well as small businesses, they’re beginning to realize the power of word of mouth in helping to make brand decisions in the name of marketing.”
On social media and word of mouth:
“There’s a lot of attention today to social media, but it might surprise a lot of your listeners to know that the overwhelming majority of word of mouth still takes place offline, when it comes to products, services and brands.”
On the advertising and word-of-mouth relationship:
“I think the number one objective for advertising in today’s marketplace is to spark advocacy and help spark conversation.”
SELECTED QUOTES FROM JOHN MOORE
On why some brands excel at word of mouth:
“The best brands, that get the most conversation…it’s not about a campaign, it’s about how they do business.”
On word-of-mouth marketing:
“Word-of-mouth marketing is about giving consumers a reason or reasons to talk about a brand or product or a service.”
On how small businesses can create conversation:
“Small business people can strategically and intentionally design products and services to become worthy of being talked about.”
Show Links
Keller Fay Group Blog
Kellery Fay on Twitter
John Moore’s Brand Autopsy Blog
John Moore on Twitter
– Free Recorded Word-of-Mouth Webinar: Creating Conversation