BizReport

RSS feed Get our RSS feed

News by Topic

BizReport : Social Marketing : July 14, 2008

BzzAgent launches 'WOM Impact Guarantee' program

Do you fancy putting word-of-mouth to the test but aren’t sure whether the medium is able to match the efficacy of your current marketing activities? Then perhaps a program launched today by BzzAgent is what you need.

by Helen Leggatt

Word-of-mouth is often mistakenly compared with viral marketing; however it differs significantly in that viral marketing often parodies a brand’s image or advertising, which is great for awareness. Word-of-mouth, on the other hand, has consumers talking about a specific product and is more likely to lead to sales and product inquiries than viral marketing.

Many marketers are afraid of word-of-mouth. For a start it’s seen as incredibly hard to measure and it’s perceived as even harder to control and monitor conversations taking place across the Internet.

bzzagent%20logo.jpgNot so, says BzzAgent. The word-of-mouth network is putting their money where their mouth is by throwing down the gauntlet to marketers and agencies. They guarantee that a word-of-mouth campaign, devised by them and measured by Insight Express, will out-perform a competing campaign using other mediums by 20% - or your money back.

"We know the medium has significant impact, and one way to help [hesitant] marketers dive into the pool is to guarantee it," said Dave Balter, founder-CEO of BzzAgent, reports Advertising Age.

"We're happy to have any new business that may come from this, but what we are really trying to accomplish is to get word-of-mouth to be valued on a measurement basis for marketers,” he added.

It should be noted that there is a requirement for a minimum investment of $300,000 for both the word-of-mouth and competing campaigns.

Tags: online buzz, viral marketing, word of mouth

Comments (0)

Subscribe to BizReport




  • del.icio.us
  • digg
  • NewsVine
  • De.lirio.us
  • blinkbits
  • BlinkList
  • blogmarks
  • co.mments
  • Fark
  • Furl
  • Ma.gnolia
  • Netvouz
  • Reddit
  • scuttle
  • Shadows
  • Simpy
  • TailRank
  • YahooMyWeb

Post a comment



Security Code:




Featured White Papers:

Search Engine Optimization and Pay-Per-Click: A Holistic Approach
Learn how pay-per-click (PPC) and natural search engine optimization (SEO) can work hand in hand to help your business better connect with new customers. >>

12 SEO Campaign Killers
Learn what not to do when launching a Search Engine Optimization (SEO) campaign to attract more visitors, leads and sales. >>

Social Media Marketing: 12 Essential Tips for Success
Learn how to effectively engage customer communities with a new, social marketing mix. >>

Featured Magazines:

Direct
Covers every aspect of Direct marketing, including postal and regulatory issues, creative, lists, customer relationship management and database marketing. >>

Featured Research

  • NEW! B-to-B Lead Generation Handbook
    Special $200.00 discount for BizReport readers only!
    Improve your results and the quality of your leads - download the full report right now.

http://www.bizreport.com/2008/07/bzzagent_launches_wom_impact_guarantee_program.html

 

 

Copyright © 1999-2008 BizReport Network. All rights reserved.
Republication or redistribution of BizReport content is expressly prohibited without the prior written consent.
BizReport shall not be liable for any errors in the content, or for any actions taken in reliance thereon.