Consumer behavior towards opinion Leadership.. Definition :- It is the process by which one person...

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Medium for word of Mouth :- Verbal encounters SMS s web-based communication. occurring in blogs, chat session VoIP communications

Transcript of Consumer behavior towards opinion Leadership.. Definition :- It is the process by which one person...

Page 1: Consumer behavior towards opinion Leadership.. Definition :-  It is the process by which one person influences the action or attitude of others, who.

consumer behavior towards opinion Leadership.

Page 2: Consumer behavior towards opinion Leadership.. Definition :-  It is the process by which one person influences the action or attitude of others, who.

Definition:- “ It is the process by which one person

influences the action or attitude of others, who may be opinion seekers.”

Word of Mouth is … The voice of the customer A natural, genuine, honest process People seeking advice from each other Consumers talking about products,

services, or brands they have experienced.

Page 3: Consumer behavior towards opinion Leadership.. Definition :-  It is the process by which one person influences the action or attitude of others, who.

Medium for word of Mouth:- Verbal encounters SMS emails web-based communication. occurring in

blogs, chat session VoIP communications

Page 4: Consumer behavior towards opinion Leadership.. Definition :-  It is the process by which one person influences the action or attitude of others, who.

Types of Word of Mouth Marketing:- Buzz Marketing: Viral Marketing: Community Marketing: Cause Marketing: Referral Programs:

Page 5: Consumer behavior towards opinion Leadership.. Definition :-  It is the process by which one person influences the action or attitude of others, who.

Unethical Word of Mouth Marketing Strategies:-

Stealth Marketing: Shilling: Infiltration: Spam: Falsification:

Page 6: Consumer behavior towards opinion Leadership.. Definition :-  It is the process by which one person influences the action or attitude of others, who.

Word-of-mouth marketing :- Word of mouth generates sales in a cost-

effective way. People don't spread the word for pay or

favors — if they love your product, they'll do it for free.

Invite people to discuss your product or service through company blogs or other communication methods

Page 7: Consumer behavior towards opinion Leadership.. Definition :-  It is the process by which one person influences the action or attitude of others, who.

Examples:-

Doctors:-

Google:-

Page 8: Consumer behavior towards opinion Leadership.. Definition :-  It is the process by which one person influences the action or attitude of others, who.

Microsoft:-

Page 9: Consumer behavior towards opinion Leadership.. Definition :-  It is the process by which one person influences the action or attitude of others, who.

Planned and Current Use of WOM

Page 10: Consumer behavior towards opinion Leadership.. Definition :-  It is the process by which one person influences the action or attitude of others, who.

What’s Preventing Businesses from Creating WOM Plans ? No metrics in place to evaluate its

effectiveness. How to integrate WOM into existing

marketing efforts? No staff experience. Budget constrains.

Page 11: Consumer behavior towards opinion Leadership.. Definition :-  It is the process by which one person influences the action or attitude of others, who.

Few Products Currently Marketed using WOM strategies:- Nokia Phones, Films, TV shows, Video

Games, Albums:-

Softwares :-

Hair-care products:-

New jewelry line/brand:-

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Conclusion:-

WOM facilitative co creation of marketing messages will be the new standard of success. WOM marketing is changing the impact, reach and effectiveness of advertising by giving organizations access to information about customer needs.

Gone are the days when the silent consumer can’t communicate anything meaningful about themselves or their product, service or brand experiences.

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"Everyone lives by selling something." Human voice is Clear, honest and accurate communication. Use it for better marketing of products.

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