Increase Just 12 Areas in Your Business by a Meager 2.6% and Your Profits Will DOUBLE!
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Today we will explore the science of the memes and how spreading ideas through society is ingrained in humans.
Memes
Memes refers to types of ideas that spread the quickest through society, why they spread so fast, and how that affects consumerism. You can use this same concept to create a lasting positive impression about your company, products and/or services. People are more likely to try a new product or service when they feel protected and reassured by the masses.
It has been established that spreading ideas is essential to the survival of a society. There are 5 main situations where this occurs. They are:
Think of evangelism. This is a prime example of people not only spreading the word, but also convincing people to jump on board and start spreading the word themselves. To do this effectively, you need to incorporate a few key things that always catch people’s attention:
Next we are going to switch gears and discuss viral marketing. While traditional marketing can be used to your advantage, viral and online marketing should be your bread and butter. If you know what to do online, your word can go viral in the blink of an eye. Here are some simple steps to accomplish this:
Some great places to use viral marketing are:
There are six things everyone should be doing to benefit from Word of Mouth (WOM) on the Internet:
This concludes our lesson on traditional and viral marketing. If you need help putting together any of the plans or successes in this lesson, reach out to me today for assistance.
Today’s lesson will focus on how Word of Mouth (WOM) messages are delivered and what you can do to influence those messages.
There are essentially 3 methods of WOM:
When experts are discussing your products and/or services you will most likely receive a noticeable increase in sales and new customers, so obviously this is one of the best things that can happen. You can also facilitate this outcome through offering free products to experts for them to review.
Expert opinions can also bring about new ideas that fuel new products, services and operating systems within your company. If you take the time to change or cultivate the opinions of even a small group of experts, your business has the potential to expand dramatically.
There is a standard WOM delivery system that, in most cases, takes a few years, but you have the ability to speed this up into only a few weeks. The standard system is:
It’s pertinent to be aware of exactly who is promoting your products and/or services. Take the time to find out who they are and reward them appropriately. While you may already have a customer service system for filing complaints, it is unlikely that you also have one for compiling praise. However, if you take the time to show these people your appreciation, they will be the ones that will continue to promote your products and/or services all the way to the top.
Some of the ways you can show your appreciation for the promoters of your products and/or services are:
There are many things you can offer your biggest fans to further spread the word about your products and/or services.
Conventional media has been around forever and while it can still be effective, it has lost a bit of its appeal over the last few years for the following reasons:
While the above is all true, there are ways you can make conventional media work for your business. For the information to be effective, it needs to be presented in the right sequence, come from the right sources, be relevant to the target customer, be credible, and be delivered at the right time in the medium.
Now we are going to switch gears a bit and look at the two phases of the product adoption cycle. Traditional media is great for taking you through the information stage where you are able to offer the required information to your potential customers, but it is not ideal for measuring the results of those efforts.
Without results of your efforts, you will not be able to fine tune your marketing and as a result could easily miss the mark and lose potential customers, not to mention waste a whole lot of money. Once a consumer has the information they need to make a purchase, they will go through a verification process as they analyze whether or not the purchase was a favorable one. They generally will get their information through:
You can accelerate this process by:
Once you have the ability and can work through these concepts, you will be better able to target your customers. If you need help with any of this along the way, please don’t hesitate to reach out to me for assistance.
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