SU Marketing 491
This blog is for students in Seattle University's Marketing 491 class: Word of Mouth Marketing and Social Media, spring 2011.
Tuesday, May 31, 2011
last blog post
It has been a great class in this quarter. I have learned a lots from the class. Here is what I have learned from this class.
1. Two definition of word of mouth maketing: 1. Giving people a reason talk about your stuff2. Making it easier for that conversation to make place. Company need to be innovation and provide special products or services for consumers to talk about it. The conversation should be short and easy like one or two sentences. So, people will easily to remember.
2. Happy customers are your greatest advertisers. I think this is very truth and important for business to remember. These days people are more likely to trust and listen to their friends and family. They no longer trust or listen to traditional advertising or marketers.
3. Your best talker might be your newest customer. Therefore, company need to treat all their customers equally.
4. Not everyone is influence talker even they are your loyalty consumers. Company need to find the right talkers.
5. By building the word of mouth, marketer need to remember the 5T’s : talkers, topics, tools, taking part and tracking.
6. In order to get the trust from consumers, company needs to be honest and respect to their customers. Also, they need to build a significant relationship with their customers.
7. Youtube is very powerful. An interesting video can make people to talk about your product or service.
8. Marketers should listen to consumers. Checking the customer review to see what they say about you to improve yourself.
I have learned a lot in this class, and the clasee is very helpful and useful for the feature marketing plans.
Tara
What I learned in this Class?
It is hard to hone in on a particular focal point as to "what I learned in this class?" however I can give you an answer as to my highlights. As times change in marketing especially via social media the trends seem to change ever so rapidly as well. When studying social media you have to constantly update your material to be congruent with what is hype. Consumers mentality in today's world very short lived; in other words an average attention span has become very short. With that in order to attract attention with a brand, logo, product or service you have to constantly update parallel with 'word of mouth' trends.
This class helped gave me strategies I can utilize to update parallel with 'word of mouth' trends. Such strategies can be formulated through QR codes, viral YouTube, Social Media, a clever slogan, blogs and the list goes on..My favorite lecture was the supposedly "dry" lecture on ethics. The ethical guidelines were interesting in that it shows how you can use your creativity without getting into trouble.
The five T's presented by Andy Sernovitz was the most significant and useful text I have read throughout this quarter. The five T's applies to any 'word of mouth' trend that currently exists and will exist in the future. As far as my project work goes I have been able to manifest the concepts I have learned in class with Light Rail as well as my personal project. It was a way to put what I have been reading and listening about in lectures into real life scenarios.
Thanks for the your time and effort--I will recommend this class to other Marketing students who have not yet taken this course.
Tim McCauley
What I have learned from this class.
- Think outside of the box: I have learned that sometime a marketer has to be creative and a little bit out of mind to create buzz and topics for word of mouth. Sometimes, traditional way of marketing just cannot work so a good marketer is the marketer who realizes those situations and leave all of the tradition and lecture behind to start thinking differently to catch customers' attention.
- The power of female: I have learned how female can be a leader in consumption and how they drive other customers follow the trend. Female are one of the most powerful segment which marketer should always consider when doing a marketing campaign
- The cause marketing: I have learned how to apply cause marketing to business and how powerful it is in order to build an outstanding image of business in customer's minds.
What I learn in this class
On the other hand, I was really surprised by the statistics that showed the huge number of Americans are watching videos everyday. This is becuase personally I am not using YouTube a lot and do not know that YouTube can also be a very valuable platform and channel for marketing a product. And I learn from the class on the criteria on how to create a good and remarkable video which is all about fun and entertaining. Moreover, this class also teach me on how to get people involved in the discussion and how to get people's attention on your company. People want to have good feeling, they want to have the feeling of important.
In addition, taking this class allows me to come across some downside of social media and learn how to tackle the problems. And also, I personally feel that as a marketers, we need to keep up to the steps and have to be quick adapters. Otherwise, you will be the one who left behind and may lost in the entire competition. And nowadays marketing are not just existed for providing prduct information to the public but more importantly a more public relationship initiate.
What I learned in this class
What I Learned In This Class
Recap
What I learned from class
I have never realized how important and useful about MOW marketing nowadays. The advertising strategy has been changed. It is not a one way communication process anymore where company put Ads on TV, radios and newspaper. Rather, the trend is to create a two way communication with interactions. Companies started to realize how important it is to let customer talk rather than make them listen. This is why companies started to care more about customer services. On the other hand, I found the 5Ts strategy is very useful for WOM marketing. We have to determine who our talkers are and create topics for each of them specifically and target them with a specific tool.
With the trend of using social media as a tool, companies now can reach and connect with different groups of customers. The budget is cheaper than traditional advertising. Also company can keep track of the customers easily. On the other hand, I have learned that the power of youtube is very big. I am impressed by the coca-cola video on youtube. It is remarkable and it still sticks in my head. As long as the video is interesting, it can attract people’s sights and stick in their head for a long time.
Furthermore, I found that mobile application is another big trend in the coming years. With the advance of technology, more and more people will use smart phones. Thus, mobile app will be something that companies should invest in.
My Last Blog: What I Learn in this Class!!
The last couple weeks, I was amazed how the social media really impact everyone’s life that most of the people won’t really notice it at all. Before I walked in to the class, I kind have idea about Facebook, Twitter, Blogs, LinkIn and YouTube video is another new trend to the marketing and advertising industry; however, I have no idea that social media could deliver much information 24/7 anywhere anytime compare traditional marketing strategy. I have learnd the 5T’s word of mouth marketing plan, social media Ethical stander, Twitter, Facebook, LinkIn, QRcode, Mobile advertising, children and adult online consumer behavior and of course the twice a week blogging.
In this class, personally I think the most interesting and cool part is the QR code. After writing my individual project, watching couple YouTube Video and Japanese magazine, I find out that all the product in Japan such as drinks, food, cloth, automobile or even movie evens all have unique QR code which convenience customers’ research but also create internet traffic and buzz marketing. In addition, Delta Airlines QR code boarding pass also make me shock. QR code truly saves a lot people’s time from check-in but also save a lot environmental sources such as paper and ink.
Overall, I enjoy being amazed by understand those new technology and trends, and I am looking forward to see how those digital method to change the global connection and create more efficiency world!!
Blog #17 – What have you learned from this class? (Final Post)
I have learned so much from this class that there’s no way I will be able to put it all down, but here it goes…
I have learned:
1. Facebook is can actually make its users more productive.
2. People just want to feel like they are a part of something bigger.
3. Companies with a conscience really do make a difference.
4. Being interesting is the basis for success.
5. Simple and free tools, such as tell-a-friend forms, can end up making your business successful.
6. Social media is here to stay; it’s an epidemic.
7. What “Twitter” is.
8. Blogging is much more popular that I had once thought.
9. Consumers are now in control.
10. Something as simple as a thank you note sent out to loyal “talkers” can become the difference in WOM marketing.
11. What “QR codes” are.
12. Much of the implements social media and WOMM offers are completely free.
13. What “LinkedIn” is.
14. What “Groupon” is.
15. Online, everything lives forever – so be careful what you put out there.
16. “Are you on Facebook?” is the new “What’s your phone number?”
17. Customer service is the key to survival.
18. Full disclosure could be the difference in owing thousands of dollars.
19. 1 in 4 Americans have smartphones.
20. I’m a lot better at creating campaign ideas than I had once thought.
21. Interactivity or an engaging experience will keep site visitors coming back; two-way communication is what the people want, not to be told what they want.
22. The different forms of digital property and what they cover.
23. The newly constructed facets of mobile marketing.
24. Websites need to have navigational flow.
25. The internet has changed virtually all aspects of the business world.
I’m sure as soon as I publish this I will think of even more of what I have learned from this class, but this is a quick overview of what I have learned from the resources we have read in class.
What i have learned from MKTG 491 class
The 5T's are one of the most important in how to create the word of mouth to spread the word about your business. Certainly we need Talker, Topics, Tools, Tacking Part, and Tracking to build those 5T's.
Then there are four rules of word of mouth marketing. They are Be interesting, Make it Easy, Make People Happy, and Earn Trust and Respect. What i have learned from those 4 rules is as a marketer and it can also be apply to everybody in your everyday life, just be an interesting and happy person. that way people will like you and of course you will earn trust and respect as well.
I didn't know up until i take this class that social media such as facebook, twitter, linkedin, blogs, and so on are a very powerful tools to advertise your product or service. i thought at first those social medias are just to see what are your friends are doing, and update status. But then after seeing many videos on how powerful those tools are, i am start thinking as a marketer we need to focus more on those tools since today is a digital era.
Least but not last, i have never done any blogging before up until i take this class. Joe forced us to blog and blog and blog every tuesday and thursday. what i learned is it is pretty interesting to share your ideas with everybody in the world. Blog is also a great tool for a marketer to promote its product because in blog you can share what you have, ideas, opinion, thoughts and many more.
At last, i just want to say thank you to Joe Barnes and the other students in class for the ideas you guys have shared.
Cheers and good luck in whatever you guys are doing!
Last Blog: What I Learned In Marketing 491
Social Media is not a fad:
5’Ts:
Talkers: Find people who want to talk about you
Topics: Give people a reason to talk about you
Tools: Use tools that will help your message travel
Taking Part: Join the conversation
Tracking: Track and understand the conversation. Know what people are saying about you.
Four Rules Of Word Of Mouth Marketing:
1.) Be Interesting: Don’t be boring. People want to be entertained and engaged. Either be interesting or be invisible.
2.) Make It Easy: People do not want to deal with complication. People want to live stress free lives.
3.) Make People Happy: People want to be happy. Instead of having people search for happiness, make it easy for the customer and bring the happiness to them.
4.) Earn Trust and Respect. Preserve the trust equation. To preserve the trust equation, you need to trust and respect the customer first.
Blogs:
I have never blogged before and I was unaware of who bloggers really were. From this class, I have learned that bloggers can be anybody including myself. From taking this class, I have also improved my writing and blogging skills.
Conversation:
Conversation matters. “The best use of social media is to create two-way conversations---engagement” (Marketing 491 Lecture Notes). Conversations is what makes one interesting and worth listening to. Conversation is what connects us with each other. Conversation is life. Without conversation, people lose interest and without interest, one becomes invisible.
Happy Tuesday!
Connie Rae
My Takeaways from MKTG 491 Class
- What are the 5T's and how to utilize them
- Know the new trends in consumer behaviors and new trends in marketing
- How to apply ethical standards from both WOMMA and SocialMedia.org
- How to use cause, mobile, and internet marketing including social media.
- What's is the tipping point and how to apply "what made to stick"
- How to keep the relationship with customer last long by using many methods including CRM
- How important it is to create customer experiences through the engagement of customers which has been emphasized in class many time
- People perform some practices unconciously. They don't even know at the moment they're posting comment, concerns or complaints relating to companies or firms on social media Web Site is part of word of mouth marketing. They're automatically being a free talker.
I believe, everything I've learned from this class will not go away and I absolutely will have to use them in the future if I want to be successful in any kinds of business.
What I have learned
Though my time at NWIRP will be ending soon, the lessons I learned from reading Sernovitz and from the class lectures were valuable and new. I have a whole new approach when it comes to marketing that emphasizes the importance of the consumer and deconstructs traditional precepts about target marketing.
It's exciting to look at my future profession with new eyes, and to share with others what I have learned about the relevance of social media. I had initially approached entities like Facebook, Twitter and LinkedIn with caution, but after learning the exponential benefits that can occur just from engaging others, I am more inspired than ever to use social media now and in the future (Though I haven't really gotten around to using the Twitter account I created).
I have also learned that innovative ideas are not complex or expensive, the best ideas are simple and easy to communicate. The best ideas are accessible. Thanks prof. Barnes for an amazing class!
Closure for WOM class
- Ethical standards
- CRM
- Evolution in technology world
- Mobile marketing
- Be out of the box or you wont win the prize (can be money/customer and much more)
- Honesty and Credibility is very important
- Take advantage of the booming social media and social networking websites
- Build and maintain relationship as it will lead to loyalty and free markeing (WOM)
- Be everything or nothing
CRM
Monday, May 30, 2011
What I learned in WOM Marketing class
- WOMM is about giving people to talk about my stuff and making it easier for them to do it. There are also incentives. It is also about finding the influencers in the market.
- 5Ts: talkers, topics, tools, taking parts, and tracking.
- It is important to be ethical when engaging in social media marketing.
- In mobile marketing, it is important to recognize the personal nature, keep it simple, and integrate with existing marketing.
- Digital storytelling is to inspire, influence, surprise, touch hearts, and it is about drama, humor, and emotions.
- Impacts of online digital revolution are power to the people, too much choice, and information overload.
- Self-branded connection is about self-esteem and experience of how we feel about something.
- Social customer relationship management is about putting the customers first. It is a collaborative conversation that provides mutually beneficial values to both parties.
This class has been so much fun and different from other classes. I could learn something real and fun and something that I can apply to my real life about Word of Mouth Marketing. I think I made a right decision to take this class as there are so many takeaways from this class!
Thank you Professor and class!
Regards,
Lee
Now, what have I learned from all this?
To begin, I learned that word of mouth marketing is marketing that gives people a reason to talk about you. More importantly, marketers can no longer control the message like they used to. Instead, it takes two-way communication and active involvement to spread a message that is ultimately controlled by the customers.
Here are the top ten things that come to mind when I look back on what I've gained from this class:
1. The 5 Ts are: Talkers, Topics, Tools, Taking Part, and Tracking. Each are very important to creating a strategic marketing plan.
2. Building relationships will help build sales.
3. If you treat people well, they will return the favor by doing your marketing for you... for free.
4. You can either be interesting, unique, and fresh, or be invisible.
5. Keep topics fresh and simple.
6. Honesty in all communication is key.
7. Sticky ideas resonate with audiences because they are simple, unexpected, concrete, credible, emotional, and tell a story.
8. Media isn't social, people are.
9. To be successful with social media, you must exist in the space between planning and improvisation.
10. Power lies in real-time everything.
Thanks for a great class, Professor Barnes!
Sunday, May 29, 2011
What I Learned In This Class.
End of the year post!
Saturday, May 28, 2011
What I learned in this class
The field of marketing has endless opportunities. All it takes is some creativity to discover these opportunities. The marketing strategy of the tongue scrubber brand OraBrush is a great example. There isn’t a set rule of how to make a viral video, or a rule of thumb for how to make people talk. One must not be afraid to try things out. Ideas that are unconventional can receive tremendous attention when presented at the right time and the right place. Marketers should not try to appeal to all segments of the market; sometimes focusing on niche market is more profitable.
Be the forerunners in technology
Marketers must utilize the latest technology to keep the brand fresh and updated. Today, purely one-way advertising such as TV and radio is outdated. If a brand is not on social networks that yields two-way communication with consumers, it doesn’t exist.
Listen
Whether we like it or not, consumers have the most power and the loudest voice right now. Marketers should listen to what consumers want, what they think, what they like or don’t like, and strategically build relationships with customers. Business is not transactional. Your best ambassadors are not hired agents but are your most loyal, happy customers. Simply telling your consumer to buy doesn’t work anymore.
CRM
My client does not currently use a CRM program to integrate data into one source. Although she does manage this information, it could be done with greater detail. She knows her clients so well and helps them with such a large purchase in their lives, I believe a CRM program would benefit her business by organizing all the information in one location. Additionally, number three on the "Ten Rules for CRM Success" says that incorporating a CRM program should generate more deals and drive sales effectiveness.
Measure & Manage the Marketing Return
Even though my client has successfully survived the poor economy and downtrodden real estate market, one area for improvement is measuring and tracking the return on investment in marketing tactics. This could be done through the use of a CRM program where it will automatically monitor expenditures and returns. So, in the end, a CRM program would be helpful but I'm curious if it is worth the investment for an independent specialist.
Thursday, May 26, 2011
Feathered Friends is good at out particular CRM facet and that is Sales Force Automation. SFA enables companies to drive sales productivity, increase visibility, and expand revenues with an affordable, easy-to-deploy service that delivers success to companies of all sizes. The salves force solution for customer service gets companies up and running in a matter of weeks with a call center application which Feathered Friends has.
One of the things Feathered Friends lacks which I tend to improve coming in as a marketing consultant is there valued customer experience. Most customers want brand loyalty as much as the firms they patronize want it. Consumers want to patronize the same Web site, social network, and online booksellers because doing so is efficient. Many consumer are "loyalty prone" searching for the right product or service and then sticking with it as long as the promises are more or less fulfilled. Users believe that company cares when they get an email about upgrades to their PDA addressed to them by name that refers to the exact product purchased.
Organization collaboration is key to gaining valued customer experiences. Marketers should collaborate both within and outside the organization. Within the firm, cross functional teams join forces to focus on customer satisfaction to create a CRM culture. Outside the firm, when two or more companies join forces, the results often exceed what each firm might have accomplished alone--whether it is in the distribution channel or a non-transactional-type collaboration.
--Tim McCauley
What I have learned from this class
Also, ethical issue is the good thing to know about because we don’t often know about what we are doing is ethical or not. I still remember don’t try to change the conversation or on social media. Let customers to express their opinions. Although this is very difficult by doing it because their conversation might damage the reputation, it is necessary to protect free speech on the internet.
Ichiro Restaurant
Customer service is very important for every business. But, I believe it is even more important for restaurants. It is doing a good job at providing friendly and pleasant customer service. As Ichiro has lots of regulars, it may do something different to increase customer loyalty, which will lead to profitability.
Build the team and Seek outside help.
Ichiro Restaurant is a very small family-owned business. I have learned that they do not have a website, do not engage in any marketing including mobile and QR codes, and just recently launched its Facebook page. But, they do engage in cause marketing by working with many student associations at UW. I would say they can engage in more marketing by starting a Facebook page and Twitter account. They may consult other restaurants about how others are catching up with all the buzz marketing and social media.
Moe Bar CRM
Customer relationship management
On the other hand, I think Old School Frozen Custard needs to improving on “make every contact count.” For example, they can build the member system to keep in track their members. Sending out the coupon/special discount or event to members makes them feel special, and we care about them. Old School Frozen Custard needs to build the relationship with members by knowing what their favorite special flavor ice creams are. So, when the day has that special flavor they can send the message such as e-mail to remind them.
Tara
CRM
A well implemented CRM business model offer structure, process and tool, managerial knowledge and commitment in support of the customer-centric culture. In the other word, CRM is a comprehensive business model for increasing revenues and profits by focusing on customer. With Sales force CRM; managers can easily manage the sales process, with visibility into information about prospects and customers. CRM also enters the picture as a process that provides internal formalization for enabling successful customer marketing and one-to- one marketing. The following information could be the most helpful for the sale force to be able to access about the relationship between New World and its customer:
Customer perspective | Company perspective |
· Customer retention · Customer acquisition · Customer satisfaction · Customer profitability · Customer order history · Collect and store customer data · Analyze and understand individual customer preferences | · Lead management and · Sales order entry · Order history · Improve services · Better- informed decision · 24/7 access · Decision support |