baby center keller fay insights
TRANSCRIPT
© BabyCenter LLC. Confidential. All rights reserved.
Mom WOMNew Insights into Word of Mouth Conversations
Among Mothers of Young Children
April 23, 2008
© BabyCenter LLC. Confidential. All rights reserved.
About the Keller Fay Group
• Ed Keller: Former CEO, RoperASW, current CEO, the Keller Fay Group and co-author of The Influentials
• The Keller Fay Group: The first research-based marketing consultancy focused on word of mouth
• TalkTrack®: The first continuous study of word of mouth
2007 Grand Innovation Award
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Who is BabyCenter?
• #1 online destination for expectant and new moms serving over 100 million families
• 78% of pregnant and new moms who are online visit BabyCenter
• Over 7mm monthly unique visitors across the globe – in 13 different countries, 16 by end of 2008
• An insights engine for our marketing partners with a proprietary panel of 60K active and engaged moms
Source: comScore Media Metrix, Jan 2008
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Marketers want insights, not just impressions
In-House Digital Production
Marketers Believe the Following Capabilities Will Become More Important by 2010
Consumer Insights
Behavioral Targeting
Brand Strategy
Customer Marketing
Partnerships
PR
0% 100%50%
82%
80%
71%
66%
60%
59%
49%
% of Respondents
Source: Marketing & Media Ecosystem 2010 survey and Booz Allen Hamilton analysis
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Who is the 21st Century Mom?
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She has impact and influence in the marketplace
• Not just groceries and clothing, but across every category including travel, auto and electronics
• Responsible for $1.7 trillion in spending on consumer products –13% of total U.S. GDP
• 82% of BabyCenter moms report acting as an influencer among their friends and peers
Source: “Marketing to Moms: Getting Your Share of the Trillion-Dollar Market,” Maria Bailey; BabyCenter Segmentation Research Study, Mar 2007
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She’s Online
• 35mm U.S. moms online by the end of 2008 – 18% of the Internet population; 40mm by 2012
• Approximately 8 out of 10 U.S. moms go online at least once a month
• 86% of U.S. moms access the Internet regularly
• 88% connect using Broadband
• Gen-Y moms spend an average eight hours per week online, more than any other media
Source: “Moms Online: Browsing, Researching, Buying,” eMarketer, Mar 2008; BabyCenter Segmentation Research Study, Mar 2007. comScore Media Metrix, Feb 2008. Forrester Technographics Survey, 2007.
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She Relies on the Internet
• 88% of moms say the Internet has helped them stay connected to their world
• 76% of moms say they use the Internet for support and guidance
• 66% say they rely more on technology as a parent than before becoming a mom
Source: “Moms Online: Researching, Browsing, Buying,” eMarketer, Mar 2008. Forrester TechnographicsSurvey, 2007. Intelligence Group 2007 Mom Intelligence Survey. Experian Consumer Research, Spring 2007
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She is oh so social…
• 70% of moms online participate in online communities
• Spend approximately four hours per week on social media
• 21% more likely than the general online population to blog
…and she has a lot to say
Source: eMarketer, “Is Your Mom Blogging,” eMarketer, Mar 2007, BabyCenter Quick Poll, Nov 2007
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What is Word of Mouth?
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Drum roll please…
…on to the study
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Study Methodology
• The study focuses on the following:
• How much word of mouth do they engage in, and in which categories?
• Which media channels fuel word of mouth among this segment?
• Which are the most talked about brands, and for which brands do consumers advocate most strongly?
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Study Methodology
• Study conducted among 1,721 pregnant women and new moms in 2008
• Recruitment via combination of BabyCenter 21st Century Mom Panel™, BabyCenter’s website, and external panel
• Respondents completed an online survey probing specific details about their conversations about brands, across 14 categories, during 24 hours that immediately preceded survey
• Vast majority of participants visited BabyCenter at least once during past 30 days; more than 33% visited 5+ times per week
• Norms for total U.S. public and total women are provided as a point of comparison, based on Keller Fay’s ongoing word of mouth tracking study, TalkTrack®
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Why Word of Mouth? It has Impact with Everyone(% highly likely to agree/take action, 9/10 on 0-10 scale)
Base: Brand mentions where someone else provided advice (All Categories, n=110,183) Figures represent percentage scoring a 9/10 on a 0 to 10 scale.
Source: TalkTrack®, June 2006 through June 2007
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Pregnant & New Moms are Word of Mouth Leaders(Estimated weekly conversations and brand mentions per person)
Base: Pregnant & New Moms, n=1,721; Source: Source: TalkTrack® for Moms, January 2008Base: Total Public, n=36,511; Total Women, n=17,031 Source: TalkTrack®, January 1st through December 30th, 2007*Meaning a conversation in one of the 14 product/service categories included in TalkTrack® and TalkTrack® forExpectant and Current Mothers.
+19% From Total Women; +27% From Total Public
+31% Total Women; +33% From Total Public
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Pregnant & New Moms are Prolific Word of Mouth Agents for All Categories
Categories Pregnant & New Moms Total Women Total Public
Food & Dining 76% 62% 57%
Media & Entertainment 69% 56% 55%
Health & Healthcare 67% 50% 38%
Children’s Products 64% 33% 25%
Financial Services 60% 38% 32%
Beverages 55% 47% 46%
Shopping, Retail & Apparel 54% 44% 40%
The Home 52% 34% 28%
Technology 48% 36% 40%
Telecommunications 45% 41% 42%
Household Products 41% 29% 22%
Automotive 39% 35% 36%
Personal Care & Beauty 37% 31% 27%
Travel Services 32% 28% 23%
(% of respondents having at least 1 conversation in category on given day)
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Weekly Conversations by Category Among Pregnant & New Moms
Pregnant & New Moms
Total Women
Food & Dining 14.1 9.8
Health & Healthcare 11.0 7.7
Children’s Products 10.9 6.1
Financial Services 8.5 5.3
Technology 6.5 4.8
Household Products 5.0 3.6
Personal Care & Beauty 4.5 3.9
Auto 4.5 4.2
(Estimated weekly conversations, by category, per person)
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WOM Conversations are Overwhelmingly Positive Across the Board
Base: Brand Conversations Among Pregnant & New Moms, n=8,586; Source: TalkTrack® for Moms, January 2008Base: Brand Conversations Among Total Public, n=154,064 and Total Women, n=75,276; Source: TalkTrack®, January 1st through December 30th, 2007NOTE: Neutral not shown.
Positive Outweighs Negative by 10:1
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WOM Fuels Consideration and Purchase Behaviors Among Pregnant & New Moms
• 60% of WOM among pregnant and new moms carries with it a recommendation to buy, try or consider
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• Top 10 most talked about brands:
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Base: Sender Based Brand Conversations Among Pregnant & New Moms, n=5,273; Source: TalkTrack® for Moms, January 2008Base: Sender Based Brand Conversations Among Total Public, n=97,468 and Total Women, n=48,960 Source: TalkTrack®, January 1st through December 30th, 2007
WOM Among Pregnant & New Moms Deemed Highly Credible(% rating WOM highly credible/likely to inspire action “9” or “10” on 0-10 scale)
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Digital Media Fuels WOM Among Pregnant & New Moms
Pregnant & New Moms
% of Brand Mentions Involving one or More References to Marketing Activity
38%
Internet 12%
Television 11%
Coupon Circular 5%
Direct Mail/E-Mail Marketing 4%
In-Store Display/Video 4%
Product Package 3%
Newspaper 3%
Magazine 2%
Product Sample 2%
Radio 1%
Billboard Ad -%
The Internet edges out TV in providing content to WOM conversations
Base: Brand Conversations Among Pregnant & New Moms, n=8,586; Source: TalkTrack® for Expectant and Current Mothers, January 2008 Base: Brand Conversations Among Total Public, n=154,064 and Total Women, n=75,276 Source: TalkTrack®, January 1st through December 30th, 2007 * Respondents are allowed to select up to two items, therefore results will not add to 100.
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Pregnant & New Moms Reporting At Least One Visit to BabyCenter During Past 30 Days
Base: Pregnant & New Moms Who Reported Visiting Site At Least Once During Past 30 Days, n=1,435 Source: TalkTrack® for Moms, January 2008
BabyCenter.com Fuels WOM for a Majority ofPregnant & New Moms
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Study Highlights
• Positive word of mouth outweighs negative by a 10:1margin
• Almost two-thirds of WOM among pregnant and new moms includes brand recommendations
• Moms and moms-to-be have, on average, 109conversations in a week about products, services and brands
• About half of moms (much more in some categories) report having at least one conversationper day about Technology, Financial Services, Health Care, Food & Dining, Media & Entertainment, Packaged Goods, and Shopping & Retail experiences
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Leverage WOM insights…
• Give them something to talk about – encourage word of mouth components within your brand briefs and marketing objectives
• Encourage participation, collaboration and contribution
• Make it easy for them to share – arm your consumers with ways to pass along what they’ve learned
…to create an ecosystem of engagement
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The BabyCenter EcosystemSearch
Mobile
Blogs
Widgets & Apps
Tools & Polls
Community
BabyCenter 21st
Century Mom Panel
E-commerce & Sampling
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Q & A
For a copy of this presentation contact your BabyCenter Sales lead or send an email to [email protected]
Visit www.babycentersolutions.com and sign up to receive Mom Insights, a BabyCenter newsletter dedicated to the business of mom-marketing
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