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Today’s lesson will talk about how word of mouth messages are
delivered and how you can influence those messages.
There are essentially 3 methods of word of mouth:
·
Expert to Expert
·
Expert to Peer
·
Peer to Peer
When experts are talking about your products or service you
will usually receive an amazing rush of sales and new customers, so obviously
this is one of the best things that can happen. You can also help to facilitate
this by offering free products to experts for them to review.
Expert opinion can also bring about new ideas that help to
fuel new products, services and operating systems within your company. If you
take the time to change or develop the opinions of even a small group of
experts, you will have the opportunity to help your market explode.
There is a standard word of mouth delivery system that, in
most cases, takes a few years. But, you can speed this up into only a few
weeks. The standard system is:
·
First impressions
from an expert
·
Organized trial
of your products or services
·
Pooling peer
experiences
It’s important to know exactly who is advocating for your
products and service. Take the time to find out who they are and reward them.
While, you may already have a customer service system for filing complaints, do
you have one for compiling praise? Most likely not. If you take the time to
show these people appreciation, they will help take your products and services
to the top.
Some
of the ways you can show them appreciation are:
·
Invite them to a customer
appreciation dinner
·
Offer to video
tape their testimonials
·
Ask to interview
them for feedback to improve with
·
Offer them a
premier customer membership
·
Ask them to join
a referral incentive program
There are lots of things you can offer your biggest fans to
help spread the word about your products and services.
Conventional media has been around forever and while it can
still be effective, it’s lost a little of its luster over the last few years.
There are a few reasons for this:
·
Expensive and doesn’t
necessarily return results
·
Boring, lacking
something fresh and new
·
Too short of a
time slot to offer enough information
While these are all true, there are ways you can make
conventional media work for you. For the information to be effective it needs
to be presented in the right sequence, come from the right sources, be relevant
to the target customer, be credible and be delivered at the right time in the
medium.
We’re going to switch gears a little and talk about the two
phases of the product adoption cycle. Traditional media is great for taking you
through the information stage where you can offer the information you need to
your potential customers, but it’s not so great for measuring the results of
those efforts.
Without these results you can’t fine tune your marketing and
therefore can easily miss the boat and lose potential customers and waste a
whole lot of money. Once a consumer has the information they need, they’ll go
through a verification process as they analyze whether or not the purchase was
a good one. They generally get their information through:
·
Direct experience
with the product
·
Interaction with
peers using the same product
·
Experts’
experience
·
Scientific
journals and other resources
·
Independent
reviews and opinions
You
can accelerate this process by:
·
Providing your
own demos and free trials
·
Offer them
indirect experience through the experience of others
·
Offer a good,
true story that can be passed around
Once you have the ability and can work through these
concepts, you will be able to target your customers much better. If you need
help with any of this along the way, try our FREE test drive to gain access to
our experienced business coaches.
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