Word of Mouth Marketing 500% higher ROI (6x)
Word of mouth marketing is content not advertising.
- Research from David Ogilvy found that people pay attention to content in print and TV 6x more than ads (that’s 500% higher ROI).
- Jupiter Research shows that in search engines like Google, people click on search content 6x more than sponsored links.
- Euro RSCG’s study shows that versus TV or Print, word of mouth marketing is 10x more effective.
- Hughes’ own research from eBay’s half.com shows buzzmarketing to be 6.2x more effective.
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Word of Mouth Marketing $1 Billion Industry According to Adage & Why
Advertisers spend $1 billion on Word of mouth marketing every year now. Why?
- TiVo and DVR penetration is escalating rapidly. Although the nation has 17% DVR penetration, important markets like Dallas weigh in at 27% DVR penetration growing to 50% in three years.
- 92% of TiVo/DVR owners fast-forward through TV commercials; consumers now dictate who’s in control of advertising.
- Trust in consumer advertising has plummeted 41% in the past three years.
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Word of Mouth Marketing Why Now?
- Just ten years ago, word of mouth marketing was isolated to face-to-face, one-on-one conversations…a moment in time never to be recorded or repeated exponentially.
- Today, with the power of the Internet, WiFi, WiMax, mobile devices everywhere, the blogosphere, RSS, and message boards…word of mouth spreads like never before.
- If you have a great (but somewhat unknown) product or service…think twice if you don’t have word of mouth marketing as part of your media mix and marketing philosophy.
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Clients & client success stories
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