3 Jul 2011

Word of Mouth Is Still Best

In the age of the Internet word of mouth is still best way to attract customers. 82 per cent of small businesses say that the customers find them via word of mouth, according to a survey by American Express. Although word of mouth sounds rather analog and old fashioned, it can happen on the web.

On the web there are several possibilities to pursue this. You give the consumers a possibility to share products, articles, pages on Facebook, Twitter, Digg and so on, this is called Social Sharing and has proved successful. You can also focus on Social Commerce or User-Generated Content (UGC). Social Commerce is a way to let people actively participate on online shopping sites. This is most commonly done by letting consumers rate products and pages or submit reviews. These methods might not strictly be word of mouth but this is a way to embrace the concept on the Internet.

Shown below is the other ways the Internet is used to attract customers.

Which of the following online marketing techniques does your business currently utilize?

Percentage
A company website 86%
Social media (Twitter, Facebook, etc.) 44%
Mass e-mail 35%
Search engine optimization (-SEM) 28%
Search advertising (Google AdWords, etc.) 21%
Display advertising (such as banner ads) 18%
Video (for example, a channel on YouTube) 13%
Blog 12%
Rich local listings such as Google Places 10%
Rich profiles in consumer review sites (such as Yelp)   4%
Pod casts   4%
Other online marketing 17%
Source: American Express (July 2011)


See American Express OPEN Small Business Search Marketing Survey by American Express.

2 comments:

  1. i am using the search engine optimization technique for bussiness marketing.and am satisfied with it. post free classified

    ReplyDelete
  2. This is most commonly done by letting consumers rate products and pages or submit reviews. buy 1000 views on youtube

    ReplyDelete