Page 276 - (DK) The Business Book
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                                         MAKE YOUR


                                         THINKING AS FUNNY


                                         AS POSSIBLE


                                         GENERATING BUZZ









          IN CONTEXT
                                                                   Using online
          FOCUS                                                  communities and
          Word-of-mouth marketing          Word-of-mouth                                  The best ideas
                                           marketing is the        social media,          “catch on” and
          KEY DATES                         most effective.        marketers can         spread quickly.
          Early 1970s US psychologist                             generate buzz
                                                                  for their product.
          George Silverman pioneers the
          study of WOMM. He noted
          the persuasive power of peers
          within research groups testing
          new pharmaceutical products.
                                                lthough the catchphrase    how to do it on purpose,” he
          1976 UK biologist Richard             is contemporary, the idea   believed, though he was certain
          Dawkins articulates how        A of “generating buzz” is a      that word-of-mouth marketing was
          trends spread through a        long-standing concept in sales. In a   valuable, calling it “manna from
          natural process of imitation.  sophisticated market populated by   heaven.” He also knew the power
                                         savvy consumers who no longer    of a good laugh. “The best ideas
          1997 The spread of the
                                         trust most of the messages       come as jokes,” he mused. “Make
          webmail service Hotmail
                                         presented by advertisers, word-of-  your thinking as funny as possible.”
          becomes one of the first
                                         mouth marketing, or WOMM, has
          examples of online
                                         become a vital tool for anyone in   Spreading the message
          viral marketing.
                                         business. The strategy is to use the   In the 21st century, WOMM
          2012 Beverage manufacturer     consumer’s own voice—the words   strategies are predominantly used
          Red Bull sponsors Felix        of the ordinary person—to do the   online via social media. Modern
          Baumgartner to make the        selling, rather than the voice of    marketers are able to purposefully
          highest-ever skydiving jump,   the big brand or the omnipotent   spark word-of-mouth campaigns
          which attracts 8 million views   mass communicator.             within online communities, but
                                            Back in 1973, Madison Avenue   they also understand the impact
          of the live feed on YouTube—
                                         advertising legend David Ogilvy   of Ogilvy’s advice about using
          a social-media record.
                                         recognized that ad campaign      humorous, quirky, and offbeat ideas
                                         jingles, catchphrases, and fashions   to get a reaction. Today, people still
                                         could “catch on” and become part   share their firsthand experiences
                                         of social culture. “Nobody knows   with friends, but they also share
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