+ All Categories
Home > Technology > Fighting Negative Word of Mouth

Fighting Negative Word of Mouth

Date post: 15-Jul-2015
Category:
Upload: zuberance
View: 2,236 times
Download: 2 times
Share this document with a friend
18
Fighting Negative Word of Mouth Zuberance www.zuberance.com blog.zuberance.com twitter.com/zuberance
Transcript

Fighting Negative Word of Mouth

Zuberance

www.zuberance.comblog.zuberance.com

twitter.com/zuberance

2

1. Negative WOM damages your revenues and reputation

2. You are vulnerable to social media ambush

3. Fight negative WOM by amplifying your Brand Advocates

3 Main Messages

3

Negative WOM Hurts Your Business

Sales

Leads

Brand Reputation

4

Social Media Amplifies your Critics

500 Billion WOM Impressions on Social WebSource: Forrester

5

Negative Reviews Costs You Sales

83%

% consumers who say online reviews influence their purchase decisions (Opinion Research)

% people who change purchase decisionsbecause of negative reviews (Cone)

80%

“Even a single negative review...can have a significant impact on a prospective buyer’s decision to purchase.” (Opinion Research)

6

It’s Not Just Negative Reviews...

Negative Tweets

A single negative comment on Twitter, Facebook, or YouTube can cost companies 30 customers (Convergsys)

Negative YouTube Videos

Negative Facebook Posts

Online Forums

7

A Few Detractors Can Cost You $$$

4 million downloads

100,000+ comments

Costs United $180M, 10% of market cap (source: Times Online UK)

“United Breaks Guitars”

8

It can happen to you!

Social Media Roadkill; Are You Next?

9

What’s Negative WOM Costing You?

How much is your reputation worth to you?

10

Sales Lost from Negative WOM

Item Amount Amount

Annual Revenues $100M

% of Revenues influenced by WOM 50%

Total revenues influenced by WOM $50M

Estimated % of WOM that is negative 50%

Estimated business lost by negative WOM $25M

11

Unleash your Brand Advocates!

Brand Under Attack? Fight Back!

Generate positive reviews

Increase star ratings

Combat social media ambush

►Measurable results fast

12

Identify Advocates

Energize Advocates

Track Results

Zuberance Brand Advocate System

Social ListeningUltimate Question

Advocate ReviewsAdvocate StoriesAdvocate AnswersAdvocate Offers

SalesMedia Value

13

Advocates’ Social

Networks

• FB

• Twitter

• LinkedIn

• Google+

Shopping Sites

• Amazon.com

• TripAdvisor

• BestBuy.com

Other

• Advocate’s Email

• Brand’s Website

• Blogs

Zuberance Amplifies Your Advocates

Advocate Reviews, Stories, Answers, Offers

Put Recommendations Where You Want Them

14

Sales jumped $26 million on

Norton Boosts Ratings, Online Sales

Norton Amplifies its Advocates

Before Zuberance:

After Zuberance:

15

Adobe Boosts Ratings for Black Friday

45% customers surveyed are Advocates

30% published reviews Ave star rating jumped

from 3.5 to 4.25

16

Motel 6 Boosts Ratings

1700 Reviews Written 3.5 Stars on TripAdvisor (from 2.5)

17

1. Start building your Brand Army

2. Activate your Brand Army to spread positive WOM and boost online reviews

3. Mobilize your Brand Army to fight social media ambush

Take Action Now!

►For more info, email: [email protected]

Fighting Negative Word of Mouth

Zuberance

www.zuberance.comblog.zuberance.com

twitter.com/zuberance


Recommended