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buzz marketing ppt
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BUZZ MARKETING
PRESENTED BYSANDIPANI SINGH SAMANTA
TATA GROUP
WHAT IS BUZZ MARKETING?
• Buzz marketing is the interaction of consumers and users of a product or service serve to amplify the original marketing message.
• Buzz marketing creates sophisticated word of mouth campaign and also pull strategy for customer.
Traditional marketing vs buzz marketing
WHY DO WE BUZZ?
• In buzz marketing people love to talk about
product and brand.
• They are the free media.
• Now maximum leading company follows the
buzz marketing strategy.
• Consumers around the world still place their
highest levels of trust in other consumers.
How to create buzz
• Amplifying messagePeople are the medium
Provoke conversion
• Its a great story or big idea that others are willing to share.
• Its happen by: – Friend, family, office, neighborhood,
online community, beauty club, education group.
How to create buzz?
Lets start the buzz
WHY COMPANIES CHOOSE BUZZ MARKETING STRATEGY?
• Most traditional media is an inefficient cost.
• 90% proportion of people who can skip advertisement, in advertisement time they change one channel to other channel. Sometimesit’s creating ineffective communication about product
• Word of mouth is a wise investment.
• As per the report 70% of people affected by word of mouth conversations.
• 36% buy it/try it.• 26% consider it.• 8%avoid it.• Its also create competative
advantage.
• Apple’s only 1-2% of marketing budgets are currently spent directly on creating word of mouth.
• Companies can creates their own social networks:for ex-procter and gamble.
• Akash tablet.• Wal-mart• Controversial book
• 1. Buzz marketing is now and future.• 2. Buzz marketing is more customers centric
and more trusted.• 3. Buzz marketing simply provide
solutions,innovation,support and real world feedback and more closer to customer frontlines.
• 4.As compare mass media buzz marketing activities better measurement ability because of their digital nature and opportunities to relationship building with customer.
• 5.Internet users are mostly by word of mouth for purchasing decisions,followed by online.
Conclusion