Tuesday, November 29, 2011

Word of Mouth Marketing, It still Exists!

In the digital age, it sometimes seems that the more old-fashioned way of advertising, word of mouth, is as extinct as the dinosaurs. However, it is quite the contrary. Although "word of mouth" has evolved slightly into "share through a click," the idea and foundation is still the same: sharing what you like with others in your circle and it is the cycle's repetition that can grow into a massive, free campaign.

Dave Williams, CEO of Blinq Media, recently dissected the age-old marketing tool of word of mouth in his digital contribution post to Ad Age. Williams describes the current necessity for marketers and advertisers to "maximize consumer social influence." Basically, companies must get a buy in of sorts from their consumers. This means they must enjoy the product so much, or feel so compelled by peers, that they are willing to "like," "tweet" and/or "+1" about the product for all the world to see, more importantly their portion of the social world.

The reason this whole word of mouth marketing method works is actually rooted in psychology. Contagion theories explain social construction and help us to understand why word of mouth and peer influence in marketing can be so successful. "Birds of a feather flock together," at least that's how the old adage goes, but as it turns out, it is actually holds merit. People with similar demographic and psychographic characteristics tend to "flock" to one another. Because social circles often share similar lifestyles, interests and backgrounds, they are a prime target for ad and marketing firms when it comes time to begin promoting a product.

Williams also touches specifically on Facebook, and describes some of the challenges for marketers with the new format as it relates to word of mouth. He states that information directly from the companies on Facebook is not as common with the new platform and will often be left off many news feeds, so the importance of viewing what friends "like" in news feed updates is even more imperative. It is when one person sees a friend's comment on an item, product or company, and then proceeds to comment as well, that "contagion" begins, most likely along with some celebrating among executives.

With social media showing no signs of deteriorating or disappearing, it appears as if word of mouth will continue to reign as the top goal for companies when it comes to promoting their products. And remember, 'tis the season, so don't forget to "share" with all of your friends and family and you'll be sure to end up on the marketers nice list.

Monday, November 28, 2011

Social Media Certificates?

Well this blog post by Beth Harte was definitely something that I found odd. http://www.theharteofmarketing.com/2009/01/social-media-certification-for-the-low-low-price-of%E2%80%A6.html She goes on to discuss how she has been offered Social Media Marketing certificate courses for around $1500 to become certified in social media marketing. Now here is where even someone with my limited knowledge of the subject see the total scam. Being taught how to use Facebook and Twitter in a crash course for that money does not seem like a wise career move. The real social media experts are practicing and using blogs and other medias on a daily basis. Now as she discusses how many companies will see this certificate as actually valid and bypass real marketers in social media. To me this is the real issue and not just the scam of the certificate. Somewhere someone got a great job because they wrote a $1500 check and spend 2 hours online learning to post on Twitter and Blogger.

Sunday, November 27, 2011

Cause-Marketing: The New Kid on the Block

Social media is constantly changing and has become a key piece in organization's marketing mix. Not only can you connect with your friends but you can buy and sell things in virtual stores, look for jobs, recruit employees—you name it.  More and more organizations are taking to the social media airwaves to spread the word about charities, goodwill, and the causes they care about. 
People and companies like an audience and want their friends, fans, coworkers, and fellow employees to see they are doing good things.  Some of the more popular social media vehicles for doing this and reaching the masses are Facebook and Twitter.  Companies who have a more business-to-business focus may use LinkedIn as another social media tool to spread the word. 
Some of the more popular cause-campaign types, according to Mashable are:
1.       Like for Donation
2.       Simple-Action for Donation
3.       Interactive-Action for Donation
4.       Voting campaigns 

Dominating the cause-marketing vehicles over the past several years is ‘Like for Donation’.  The simple call-to-action format makes this one the most user-friendly. 

Simple-Action-for-Donation campaigns include contests or sweepstakes and are often fueled by third party applications.
In an attempt to increase user interest and make consumer activity more appealing, applications have been created and used.  Interactive-Action for Donation formats help cause-marketers drive user donations and actions.  Many of these applications have been changed and adapted for the use of online fundraising. 

Companies offer a cash or in-kind prize to causes that gather the most votes or other targeted online actions are types of Voting Campaigns.  Voting campaigns have been successful in attracting attention, awareness, and have received a lot of media attention because of the large amounts of money that is donated. 

Social media will continue to explode with new ways to reach target audiences, engage users, and adapt to social needs and wants.  The opportunities are endless for what can be done, who can be reached, and the messages that can be delivered. 

Friday, November 25, 2011

Groupthink lacks creativity and risk

The article indicates that when we work in a group of people that think alike we miss opportunities in advertising that could make a difference. We form our own jargon; make up words and phrases that take forever to explain to the outsiders.

Creativity cannot prosper in an environment where thinking different or having a nonconforming opinion is looked down upon. When we form ideas, there is bound to be several bad ideas but it’s the good ones you will always remember.

We need to be more risk takers and implement creativity into our work. Form your own ideas and do not always follow the crowd.

As Albert Einstein put it, "We can't solve problems by using the same kind of thinking we used when we created them."

Waite said, “We are dwelling in a time where the risk-taking, research-oriented advertising campaign is taking a backseat to techies who are attempting to guarantee eyeballs based on algorithms. Yes, your ad or brand will be seen, but there is no creativity behind it. It's bland, and it's based on online behavior rather than life (which research proves can be different). “

http://www.talentzoo.com/beyond-madison-ave/blog_news.php?articleID=12312

School Advertising

School fundraising has taken a dramatic turn. We no longer have to take our children’s fundraiser for over prices foods or expensive house ware items to work with us. In an attempt to bring advertising to the schools, they are now promoting companies to sponsor athletic events, organizations, and activities. I find this situation amazing. When I was in school we did not have to reach to this level for the school systems.

This could be a great experience for the kids to be involved with. If the school would migrate this into a curriculum, it could be real life experience for the kids and possibly pursue education further into that market.

http://www.talentzoo.com/beyond-madison-ave/blog_news.php?articleID=12285

Thursday, November 24, 2011

NFL to Launch a new Magazine with Dauphin Media Group. Wait, Who?!?!

With a major entity such as the NFL that generates billions of dollars in revenue, you would imagine that when the entity decided to create its own magazine publication they would go choose a well respected publisher with a strong background. So the choice of Canadian publisher Dauphin Media Group, who possesses neither of those qualities, comes at quite a shock. A magazine publication is something that is an extension of your image. This is something people will want to advertise in and further strengthen the already tight bond that NFL fans have with the brand. Why would you go out on a limb with a Canadian company whose two publications are no longer in circulation? How does this make sense from a marketing standpoint? Is it the fact that they think their brand is so strong that taking a risk on an unproven publishers could not possibly hurt them? And how are they going to separate their magazine not be riddled with brand parody in a genre already ruled by titans such as Sports Illustrated or ESPN Magazine? To me this move does not make sense.

Body Language

Everything we have learned in class up to this point has dealt with print media.  So how does body language fit in with print ads and brochures?  It is a matter of visual cues and cultural differences.  Many gestures that are commonly used in U.S. ads have very different and sometimes offensive meanings in other countries. Brad Phillips mentions one such difference in interpretation involving the peace sign.  Who would think the use of the peace sign could derail their ad campaign?  When developing brochures and print ads, screening photos for such gestures will keep marketers from making embarrassing or disastrous design decisions.  Phillips also explains that facial expressions do not have the same impact on the viewer’s interpretation of advertisements in various cultures. In western cultures facial expressions are very important when communicating ideas.  However, in eastern cultures people try to display consistent facial expressions.  In these cultures subtle changes in tone and inflection take the place of facial expressions.  Ads filled with smiling faces may have less impact on the viewer in Asian countries.      
http://www.mrmediatraining.com/index.php/2011/11/15/body-language-isnt-equal-cultural-differences-matter/