Friday, October 23, 2009

Shalini Kumari, MICA

Word of mouth: Double-edged sword


“It is an awesome movie…Hrithik is in his best form and so is Ash…the script is wonderful man! You must watch it!” Ever heard such a description from any of your friends? It so obviously compels you to go and watch the movie as soon as possible.

So, what do you think? To start anew, human-beings have always had the highest credibility and more so if they are our close friends or relatives. Right from our childhood, we take recommendations from the ‘experienced hat’ in terms of taking admission to school/colleges or taking up a job. It is just too obvious that the same is followed when it comes to purchasing a product.
Tracing the history, we immortals have always been good at spreading the word across. Right from the time when paper was not invented, the teachers used to lend their learnings based on memory to their disciples and it used to pass on like this from generation to generation until we stepped upon writing. Similarly the ‘bed-time stories’ about the older India and its myths by our grandparents had the same effect until we grew up enough to question it.

What enhances the credibility of WoM is the personal touch associated with it. The fact that we could not identify any ulterior motive on the part of the ‘teller’ generates a natural buzz about it. We learn from other’s experiences. We identify ourselves with other people and decide based on the experiences of the other person.

It is discovered in a survey that India (87%) holds the 4th position in trusting other’s advice over any other advertising tool with Hong-Kong (93%) leading the list. This very well reflects the natural trust we Indians entrust on others.

Next comes the question of harnessing the power of WoM in an era of more awareness, information and inquisitive customers where there are several channels of information available to them. How does one go about it as a marketer? The first and foremost important thing about WoM is to be honest. It does not take long for the customer to find out the truth and when it does there is no quicker way to destroy a brand than negative word of mouth. Hence, negative word of mouth can be extremely detrimental to any product .This is the other side of the coin or the other edge of the sword.

We hear it all the time that “word-of-mouth marketing is the best marketing because it comes with credibility and it costs you nothing”. Here I would like to differ a little because I believe that WoM is not just something that is reserved for marketing and communication folks. It is constituted outside of a formalized setting. It does not need any kind of marketing strategy but yes, we do need to plan for how to generate WoM buzz for our product/service.

The most important thing is to have a compelling unique selling proposition to enable a person to tell their friends about it. This constitutes the first step towards generating WoM. It often helps to introduce elements of surprise in form of unexpected freebies to get attention or stimulate customers to get talking about your brand. Do what others don’t. That’s an easy way to surprise people and win attention. Let others set the tone and you be the first one to disrupt it by being different. Hot Chips serves as a very good example of positive WoM.

It's no longer just one neighbor complaining to another about a bad experience he had with his car --- it’s a blogger relating his complaint to millions of people around the world. And what he says has permanence on the Web, unlike a passing comment made over the backyard fence. A review on Amazon.com or a strategically placed blog posting now has the power to radiate to more viewers than a primetime TV ad and be perceived to have more credibility.

Truly said that a successful marketer is one who has seen both the sides of the double-edged sword (WoM) and knows how to deal with it in a manner which is beneficial to him so as to avoid the other edge coming down his throat!




146 comments:

  1. the write up is jus awesome i like it

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  2. i like .. wonderful concept concept ... amazingly shot ...

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  3. I like...whatever u hv writen....although i hvnt read a single word of it

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  4. I like it..an article worth reading!!!

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  5. I like the article.It is wonderful...especially the different aspects of word of mouth that have been covered...Kudos !!

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  6. I like this article a lot. It is really engrossing.

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  7. I liked the Article and its informative contents.
    keep blogging...

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  8. i like the article .The ingenuity of the article is worthy of appreciation

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  9. I like the article. its really a good idea

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  10. i like the article for its creative idea

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  11. i like the concept of the article

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  12. i like the article . the idea is nice

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  13. i like the idea . it will work wonders

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  14. This comment has been removed by the author.

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  15. I like the idea and the way you have taken through, till the conclusion. The best example for WoM I could recollect is the way Amway did it and still doing it. They are giving benifits to the people who try to improve the brand by positive word of mouth. I would say it as cheap way of marketing. And I felt tellers are not being honest. As you said we would depend on 2 things, trust and creditbility. That was a very good point. And any ideal marketer can not miss any one of it.
    Very good idea to write up on.

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  16. i like the idea and the way of presentation

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  17. very good article about WoM.

    i liked it.

    let me give u another example Wednesday was released without any promos but due to mouth publicity it has been able to gain the accolades this example shows the positive part of this article

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  18. i liked it.

    let me give u another example Wednesday was released without any promos but due to mouth publicity it has been able to gain the accolades this example shows the positive part of this article

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  19. I like this article.It is very well written and reflects the traits of a true marketing student....all the best.

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  20. I like it.The way in which both the so called "edges" of WoM has been discussed is awesome.Wonderful article...keep posting !!

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  21. I like the way the matter of WoM has been discussed.Truly intrinsic way of dealing with the the so old marketing technique.Keep up the good work.

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  22. padhne ka time nai hai :P...srry and bina padhe i won't vote :D

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  23. I liked it.It is a very practical and attractive marketing strategy.

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  24. i liked this article....the best example now i could give is people posting comments on your article;-)

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  25. i like thw article . it will really work wonders

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  26. i like the article. the idea is really nice

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  27. i like the article.The idea is very effective.

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  28. i like the idea. it will really work in the indian market

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  29. I like the article.Very well written...

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  30. I liked it.Very impressive idea...

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  31. i like the whole idea behind the article

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  32. i like the article . the idea , it will work wonders

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  33. I like it very much.

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  34. i like the article . its a good idea

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  35. i like the article. itsma good idea

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  36. i like the article . its really nice

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  37. i like the article. its really an effective idea

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  38. I liked the article as it is more practical.

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  39. gud reflection of marketing course:-)

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  40. i like this idea . suitable for the indian market

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  41. I like the way you have presented your innovative ideas...good work!!!!

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  42. i like this article very much especially the idea behind it....

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  43. I like the blog .....it is simply awesome....I love the WoM technique of marketing....thank you so much for writing a blog on this ....this is the only way a starter can establish his business if he doesn't have capital....please write more if u have time...

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  44. i liked the idea..very well written .quite practical and for sure very effective..!

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  45. I like the article. Entertaining and informative.

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  46. i like it. awesome work. keep writing!

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  47. i like this.its realy a gud article.

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  48. it's a very good article..i came to know many thing from it.

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  49. I like the flow of ideas.Good for a MICAn.Keep posting.

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  50. I like the style in which the point has been presented.Keep up the good work lady.

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  51. i like the idea and the way of presentation

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  52. I like the post.WoM is really the key to successful marketing.

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  53. I like the style of writing as well as the contents.

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  54. i like and idea and the presentation too

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  55. i like the way the idea was presented.

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  56. I like the article. a good stuff to go through.

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  57. I like the article as it is informative.

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  58. I like it. The writing tells clearly the hidden marketing strategies which we generally overlook

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  59. I liked the article's representation!!!

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  60. I like it..informative article..

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  61. I liked the article.Its worth reading it.Informative and a genuine one.

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  62. i liked the contents of article. Article's headline is attractive one.

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  63. A great post n a wonderful presentation...quite informative...

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  64. i like the content of the article... n the information it contains

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  65. i like it.........

    good words and very well said.......

    with technology in varied forms to our aid nothing is still as effective as WoM

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  66. Anupama said....I like the write- up its really great

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  67. I like it :) good job and good luck!

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