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You are here: Home > Business > Marketing > Word-of-Mouth Marketing: Help Your Customers Spread the News |
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Add You - Word-of-Mouth Marketing: Help Your Customers Spread the News
Project Management – Scheduling Projects Made Easy Every day thousands of salespeople from every conceivable type of business meet over breakfast as part of a very organized effort to “network.” Membership requires offering endorsements for fellow group members to contacts outside of the group…WOM.Complex projects require sophisticated software and scheduling tools, however simpler and more straightforward projects involving only a few people over a relatively short period of time require a much simpler approach.Usually, a simple project will have a few steps which are dependent o Email Marketing Take a look at nearly every e-letter or direct marketing email you receive and you’ll see somewhere a note to “Forward to a Friend.” Easy to do, Productivity Through Positive Reinforcement Most companies depend on referrals to help grow business; we all want to be on the receiving end of positive buzz and great word-of-mouth advertising. A recent study of consumer behavior says that Word-of-Mouth (WOM) influences purchasing behavior more than any form of advertising. As consumers, each of us has been both the influencer and the one being influenced by a recommendation, referral or warning about a product or service. As a business owner you can wait and hope that satisfied customers will spread the word or you can encourage WOM by incorporating a few well-chosen tactics.Most people just want to be appreciated. If you're a manager, that's something to seriously think about as you set the tone for maximum productivity.Ever work for someone who preferred a 'bullying and intimidation' managerial style? This type of bullying doesn't involve spitballs Loyalty Programs We all use them. Right now I receive a discount on gasoline from the grocery store where I shop, I have 3 loyalty cards from retailers that send gift certificates as user rewards, and cards from two coffee shops that offer "free" drinks after I buy way too many $4.35 drinks. Yes, I have told at least one person about each of those fabulous offers…WOM. Sampling My daughter loves to go to the grocery store to try all the foods that are sampled. I have made purchasing decisions based on her recommendations and her enthusiasm sometimes instigates other shoppers to try the samples. I love letting my friends in on the latest, greatest deli item, dip or whatever that we "found" at the store…WOM. Gift with Purchase Cosmetic companies are famous for GWP’s that drive immediate sales (you must make a minimum purchase to receive the gift) but more importantly, the GWP is usually a new product, which drives future sales. Ask any woman, this stuff works---we can’t wait to share the details with our friends…WOM. Networking Groups Every day thousands of salespeople from every conceivable type of business meet over breakfast as part of a very organized effort to “network.” Membership requires offering endorsements for fellow group members to contacts outside of the group…WOM. Email Marketing Take a look at nearly every e-letter or direct marketing email you receive and you’ll see somewhere a note to “Forward to a Friend.” Easy to do, n Home Business Tax Breaks or service. As a business owner you can wait and hope that satisfied customers will spread the word or you can encourage WOM by incorporating a few well-chosen tactics.Home businesses can be great tax shelters. Millions of Americans have some sort of office in their homes. If you are one of these lucky people and meet the IRS requirements found in IRS publication 587, you can take deductions for expenses related to the business use of part of your home. Loyalty Programs We all use them. Right now I receive a discount on gasoline from the grocery store where I shop, I have 3 loyalty cards from retailers that send gift certificates as user rewards, and cards from two coffee shops that offer "free" drinks after I buy way too many $4.35 drinks. Yes, I have told at least one person about each of those fabulous offers…WOM. Sampling My daughter loves to go to the grocery store to try all the foods that are sampled. I have made purchasing decisions based on her recommendations and her enthusiasm sometimes instigates other shoppers to try the samples. I love letting my friends in on the latest, greatest deli item, dip or whatever that we "found" at the store…WOM. Gift with Purchase Cosmetic companies are famous for GWP’s that drive immediate sales (you must make a minimum purchase to receive the gift) but more importantly, the GWP is usually a new product, which drives future sales. Ask any woman, this stuff works---we can’t wait to share the details with our friends…WOM. Networking Groups Every day thousands of salespeople from every conceivable type of business meet over breakfast as part of a very organized effort to “network.” Membership requires offering endorsements for fellow group members to contacts outside of the group…WOM. Email Marketing Take a look at nearly every e-letter or direct marketing email you receive and you’ll see somewhere a note to “Forward to a Friend.” Easy to do, Data Driven Decisions free" drinks after I buy way too many $4.35 drinks. Yes, I have told at least one person about each of those fabulous offers…WOM.Data driven decision-making seems to be a hot topic in healthcare today. Actually, it is a process that manufacturers have used a long time. The Toyota Quality process is built upon data; it is one reason they are the leading maker of quality auto products. Using this concept in healthcare w Sampling My daughter loves to go to the grocery store to try all the foods that are sampled. I have made purchasing decisions based on her recommendations and her enthusiasm sometimes instigates other shoppers to try the samples. I love letting my friends in on the latest, greatest deli item, dip or whatever that we "found" at the store…WOM. Gift with Purchase Cosmetic companies are famous for GWP’s that drive immediate sales (you must make a minimum purchase to receive the gift) but more importantly, the GWP is usually a new product, which drives future sales. Ask any woman, this stuff works---we can’t wait to share the details with our friends…WOM. Networking Groups Every day thousands of salespeople from every conceivable type of business meet over breakfast as part of a very organized effort to “network.” Membership requires offering endorsements for fellow group members to contacts outside of the group…WOM. Email Marketing Take a look at nearly every e-letter or direct marketing email you receive and you’ll see somewhere a note to “Forward to a Friend.” Easy to do, Software Company Business Valuation t deli item, dip or whatever that we "found" at the store…WOM.What business valuation would you place on a distribution management software company with $1.5 million in annual revenues and $500,000 in losses? How about a healthcare software ASP with $300 K in revenues that is breaking even? These companies don’t exactly fit the 5 times EBITDA or the disc Gift with Purchase Cosmetic companies are famous for GWP’s that drive immediate sales (you must make a minimum purchase to receive the gift) but more importantly, the GWP is usually a new product, which drives future sales. Ask any woman, this stuff works---we can’t wait to share the details with our friends…WOM. Networking Groups Every day thousands of salespeople from every conceivable type of business meet over breakfast as part of a very organized effort to “network.” Membership requires offering endorsements for fellow group members to contacts outside of the group…WOM. Email Marketing Take a look at nearly every e-letter or direct marketing email you receive and you’ll see somewhere a note to “Forward to a Friend.” Easy to do, Gravitational Marketing for Small Businesses - 13th Law: How To Create An Incomparable Comparison Every day thousands of salespeople from every conceivable type of business meet over breakfast as part of a very organized effort to “network.” Membership requires offering endorsements for fellow group members to contacts outside of the group…WOM.You must create an apples to oranges comparisonIf you're frustrated or tired of dealing with the commodity approach to your industry …You know…people calling up asking your rates or prices, unrealistic expectations of what they can get or what the cost should be, low balled by int Email Marketing Take a look at nearly every e-letter or direct marketing email you receive and you’ll see somewhere a note to “Forward to a Friend.” Easy to do, non-invasive, and even though no words are spoken…WOM! Give your customers something to talk about and they will spread your message. Give them something great to talk about and a bit of a nudge, and you can set your WOM campaign in motion.
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