A couple years ago, word of mouth was all the rage. An industry organization was even created to highlight and codify it. no one seems to be talking about it any more. Has the current social media hype eclipsed it or is social media just another element of word of mouth? Or is word of mouth just a part of social media? How do the two fit together? Do they? Should they?
The New Word of Mouth,
is the same as the old Word of Mouth,
which is the same as the original Word of Mouth,
which has been, is, and will always be Word of Mouth.
I love how everyone tries to claim Word of Mouth as their invention. Or claims that Word of Mouth is in, or out, or improved, or new, or different, or better, or has somehow changed. It is what it is.
As long as there are mouths and words, Word of mouth will be Word of Mouth, no?
definetely social media is the new pink, but WOM will never die, it's an important strategy and as long as BTLs and advertising is awing(from awe) people, WOM will be developed and the sales will show!
Interesting point about WOM - I remember those days.
What I really think, a few years from now about as many marketers will be hyping SM as now dance in the street over WOM. Neither lend themselves to cost effective influence.
Seems to me that social media is an extension of word of mouth. Just as communities exist in "real life" so do they also exist online - in social networks, on community-oriented sites, etc. As people are spending more and more time there and media sharing continues to explode, social media increasingly becomes a key component of WoM strategy.
IMHO, it's critical to bridge the online and the "real" or offline in some meaningful way. Social media if it's confined to the digital realm cannot always achieve that. Physical artifacts created by online communities are very powerful in this way.
Oddly enough, next week I'm doing a Webinar about WOMM and Baby Boomers - along with the Director of Research for the MetLife Mature Market Institute. It costs - and to be honest, there's nobody here who needs to hear me bloviate on the subject. Mostly, it's a negative response to it all.
But even better than marketing/advertising/PR bloviators Pro and Con - is a funny, insightful piece I found in a Canadian magazine, Homemaker:
I don't agree with that article. I think that sometimes we don't want any opinions from people we've known forever we want to know what a guy in asia thinks, or someone who's 30 years older that us, or someone from a different religion, that way we can be able to open are minds and see what the rest of the world thinks. also, WOM works better online because its better for the brand for people all over the world to know about it in just a couple of minutes. and also it provides the brand the interaction of people from different sizes, colors and flavors to generate ideas and create stuff for their brands. WOM in trusted groups of friends will never die and its true that this is your trusted circle but online networks will not weaken WOM it will make it stronger, more open and more powerfull.