apple to zappos: word of mouth marketing from a-z

36
APPLE TO ZAPPOS(.COM) WORD OF MOUTH MARKETING FROM A-Z Matthew Painter MBA Program Director, Texas State University TXGAP Conference, San Antonio June 13, 2014

Upload: texas-association-of-graduate-admissions-professionals

Post on 25-Jan-2015

279 views

Category:

Education


1 download

DESCRIPTION

Marketers in both the private sector and higher education often view word of mouth endorsements and comments as a lightning strike: random and unpredictable. Or, WOM is viewed as the secondary result of other marketing efforts. The truth, however, is much different. In this session we will examine how word of mouth marketing can attract students to your program and make your job a lot more fun. Presenter: Matthew Painter, MBA Program Director Texas State University

TRANSCRIPT

Page 1: Apple to Zappos: Word of Mouth Marketing from A-Z

APPLE TO ZAPPOS(.COM)

WORD OF MOUTH MARKETING FROM A-Z

Matthew Painter

MBA Program Director, Texas State University

TXGAP Conference, San Antonio

June 13, 2014

Page 2: Apple to Zappos: Word of Mouth Marketing from A-Z

WHAT WORD OF MOUTH (WOM) IS NOT…

- Random

- Uncontrollable

- Expensive

- A fleeting pleasantry

Page 3: Apple to Zappos: Word of Mouth Marketing from A-Z

WHAT WOM IS

VIDEO WILL BE HERE

Page 4: Apple to Zappos: Word of Mouth Marketing from A-Z

WHY IS THIS AWESOME?

- As a human, it feels intrinsically good

- Relative to traditional marketing it’s very inexpensive

- Longevity of the message

- Tremendous loyalty among participants

- The credibility of the WOM generated carries far more weight than any media buy

Page 5: Apple to Zappos: Word of Mouth Marketing from A-Z

TWO WORD OF MOUTH

CASE STUDIES TO GET YOU

THINKING ABOUT WOM IN

YOUR

PROGRAM/COLLEGE/UNIVER

SITY

Page 6: Apple to Zappos: Word of Mouth Marketing from A-Z
Page 7: Apple to Zappos: Word of Mouth Marketing from A-Z

APPLE

- Technology company

- Relatively expensive price points

- “Closed environment”

- Limited customization options

- Arguably some planned obsolescence with the release of new hardware/software

Page 8: Apple to Zappos: Word of Mouth Marketing from A-Z

SO WHY IS APPLE’S WOM SO AWESOME?

- Customers feel part of an exclusive club

- Cohesive branding

- AMAZING customer service

- Quality products with a defined purpose

- A great overall EXPERIENCE

Page 9: Apple to Zappos: Word of Mouth Marketing from A-Z

WHAT SOLD YOU ON YOUR FIRST APPLE PRODUCT?

Page 10: Apple to Zappos: Word of Mouth Marketing from A-Z

Not this…

Page 11: Apple to Zappos: Word of Mouth Marketing from A-Z

This!

Page 12: Apple to Zappos: Word of Mouth Marketing from A-Z

Print ad

Billboard

TV commercial

Annoying website pop-up

Personal recommendation

Page 13: Apple to Zappos: Word of Mouth Marketing from A-Z

WOM LESSONS FROM APPLE

- Embrace who/what you are

- People appreciate authenticity- Excellent customer service is excellent

marketing

- And it’s free. And it’s the right thing to do.- When you make people feel special, they

want to tell their friends about you.

- And in the process they become your marketing team.

- People remember how you made them feel

Page 14: Apple to Zappos: Word of Mouth Marketing from A-Z
Page 15: Apple to Zappos: Word of Mouth Marketing from A-Z

ZAPPOS.COM

- Founded in 1999

- 2000 sales: $1.6M

- 2001 sales: $8.6M

- 2003 sales: $70M

- 2007 sales: $840M

- 2008 sales: >$1B

- Acquired by Amazon.com in 2009 for $1.2B

Page 16: Apple to Zappos: Word of Mouth Marketing from A-Z

ZAPPOS.COM

- They sell shoes.

- At retail prices.

Page 17: Apple to Zappos: Word of Mouth Marketing from A-Z

ZAPPOS.COM

- “Powered by Service”

- Above-and-beyond, amazing customer service

- Examples:- Pizza- Flowers- Keep our mistake

- 75% of their customer base are repeat buyers

Page 18: Apple to Zappos: Word of Mouth Marketing from A-Z

WOM LESSONS FROM ZAPPOS

- They aren’t selling shoes (and you aren’t selling graduate education)

- We are delivering an experience- Again: Excellent customer service is

excellent marketing

- Customers are forgiving when you treat them exceptionally well

Page 19: Apple to Zappos: Word of Mouth Marketing from A-Z

GREAT- NOW WHAT?

5 Ideas to Get Your WOM Started

Page 20: Apple to Zappos: Word of Mouth Marketing from A-Z

Idea #1: Identify Your Fans

Page 21: Apple to Zappos: Word of Mouth Marketing from A-Z

• Alumni

• Current students

• Staff/Faculty/Employees

• Industry leaders

• Advisory Board members

• Brand evangelists

• Excited prospective students

Page 22: Apple to Zappos: Word of Mouth Marketing from A-Z

Idea #2: Talk to your Talkers

Page 23: Apple to Zappos: Word of Mouth Marketing from A-Z

• In-person

• Phone

• Online

• Web• Email• Social

Page 24: Apple to Zappos: Word of Mouth Marketing from A-Z

Idea #3: Make your message easy

to share

Page 25: Apple to Zappos: Word of Mouth Marketing from A-Z
Page 26: Apple to Zappos: Word of Mouth Marketing from A-Z

from www.mashable.com

Page 27: Apple to Zappos: Word of Mouth Marketing from A-Z

Idea #4: Make people feel special

Page 28: Apple to Zappos: Word of Mouth Marketing from A-Z
Page 29: Apple to Zappos: Word of Mouth Marketing from A-Z

“Would you mind helping us out with our website?”

“You have been selected as an outstanding McCoy graduate to be featured on our website.”

Page 30: Apple to Zappos: Word of Mouth Marketing from A-Z
Page 31: Apple to Zappos: Word of Mouth Marketing from A-Z

Idea #5: BE WORTH

TALKING ABOUT

(otherwise you have to pay for it)

Page 32: Apple to Zappos: Word of Mouth Marketing from A-Z

from www.slate.com

Page 33: Apple to Zappos: Word of Mouth Marketing from A-Z

SUMMARY

- Both Apple and Zappos have created legions of marketers fans, not necessarily because of their products but because of the experience they provide to their customers.

Page 34: Apple to Zappos: Word of Mouth Marketing from A-Z

SUMMARY

- Identify people who want to talk about your university/college/program

- Engage with your talkers: be a part of the conversation

- Every chance you get, make it easy for people to share your message

- Make people feel like VIPs

- BE WORTH TALKING ABOUT

Page 35: Apple to Zappos: Word of Mouth Marketing from A-Z

© H

ug

h M

ac

Le

od

ww

w.g

api

ngv

oid

.co

m

Page 36: Apple to Zappos: Word of Mouth Marketing from A-Z

THANK YOU

Matthew PainterMBA Program DirectorTexas State University(512) [email protected]

Web: McCoyMBA.com

Facebook: facebook.com/McCoyMBA

Twitter: twitter.com/McCoyMBA

Blog: McCoyMBA.wordpress.com