People tend to only remember the
extraordinary. You need to ensure your ideas and marketing reflect the
extraordinary. This doesn’t mean you have to have a product or service that is
completely out of the norm, in fact, this could easily drive customers away. Rather,
your product or service must be high quality and easily marketable, and then
you work to market it as extraordinary and innovative.
As you research Word of Mouth
(WOM), there are some questions you should be asking yourself along the way:
·
What are the users willing to tell the non-users?
·
Exactly how do your customers describe your product?
·
What are the non-users willing to ask the users?
·
What are the things they need to know, but are unwilling to
ask?
·
What happens when these issues are raised?
·
Exactly what do your prospects have to know in order to
trigger a purchase?
·
Exactly how do your customers answer the objections,
concerns, and qualms of your prospects?
·
How do your customers persuade their friends to use your
product?
·
How do your customers suggest they initially get to know or
try your product?
·
What warnings, safeguards, tips, and suggestions do your
customers provide to your prospects?
·
Are your sales messages, positioning, and important facts
about your product reaching your target market and surviving WOM?
·
What messages do you need to inject into the marketplace in
order to turn the tide in your favor and how will you deliver them?
There are two main reasons why WOM
research is so important:
There is a simple formula that can
help you conduct your WOM research. It’s called the “2-2-2” model.
2-2-2- Model
What this formula breaks down to is:
·
2 groups of customers;
·
2 focus groups of prospects;
·
2 mixed groups (enthusiasts & skeptics).
In each of these groups you need to
ask the following questions:
The best way to conduct these groups
is via teleconference to ensure you will get a good variety of demographics for
your customers and potential customers. A teleconference medium also allows
people to feel safe and more at ease expressing their true feelings. These
teleconferences should not be conducted by you, but by an independent party to
avoid adding pressure to the situation.
We’re going to transition a bit and look
at how to construct a WOM campaign. First, we’ll take a look at the essential
ingredients required to put together a campaign. These ingredients are:
·
A superior product;
·
A way of reaching key influencers in your marketplace;
·
A cadre of experts willing to go to bat for you;
·
A substantial number of enthusiastic consumers;
·
A way of reaching the right prospects;
·
One or more compelling stories people will be eager to share to
illustrate your product’s superiority;
·
A way to substantiate, prove, or endorse your claims and how
the product will function;
·
A way for people to obtain a demo, sample, or free trial;
·
A way of reducing overall risk with an ironclad guarantee.
Once you
have the above components solidified, you should consider the situations in
which your company can benefit from a strong WOM program. Some of these
situations include:
·
When there are credibility problems;
·
When there are breakthroughs;
·
When there are marginal improvements;
·
Where the product has to be tested in large numbers or over
time;
·
Where there is high risk in trying the product;
·
With older or mature products that people tend to ignore even
after they have been revitalized;
·
With unfair competitive practices such as fabricating stories
about your product;
·
When there are governmental or other restrictions on what you
may say or claim directly.
While most of the WOM tactics are
positive for your WOM program, the following is a list of products that you
should avoid using in this program:
·
Products where a seminar would not provide meaningful added
value;
·
Products that can’t be tested and where there is no consensus
among experts;
·
Products that are clearly inferior, without having a
compensating superiority for similar products;
·
Products that are so personal or emotional that rational
discussion is irrelevant to the decision;
·
Products where the decision value is so small (low price/low
volume) the medium will not be cost-effective.
This concludes
our post on WOM research and how to utilize that research when developing your WOM
campaign. If you need help with your research and a plan to use the results of
that research, please reach out to me for guidance.