All About Brand Advocates and Social Marketing
shadow

Rob Fuggetta (@zuberance), Founder and CEO of Zuberance, and Joe Jaffe (@jaffejuice), author of “Flip the Funnel” and creator of Jaffe Juice TV, held a debate via live Podcast this past Monday to discuss whether or not marketers need to incentivize Word of Mouth to yield results. (This debate was a result of “Flip the Funnel- No Incentives Necessary,” a recent blog post written by Fuggetta.)

Listen to the Podcast:

IN FAVOR ARGUMENT – NEED TO INCETIVIZE WOM

In his recent book “Flip the Funnel,” Jaffe says companies should start by focusing their efforts on the customer purchase rather than ending with it. He points to successful examples like Zappos and USAA who are focusing on customer retention, customer experience, relationship building, and the networked effects of customer-originated Word of Mouth. Jaffe contends that Word of Mouth marketing works for passion brands like Apple. But, he states that for nearly all other brands, marketers have to provide incentives to yield results.

AGAINST ARGUMENT – INCENTIVIZING WOM NOT NEEDED

Zuberance argues that it is not necessary to provide incentives to get Brand Advocates to recommend you (even for brands in categories like telecom, software and financial services).  The key to energizing Word of Mouth marketing at scale is to have a systematic approach to brand advocacy that automates the process of identifying and mobilizing a company’s authentic Brand Advocates, generating a measurable 10X ROI.

What are your thoughts? Does energizing Word of Mouth require incentives? Leave your comments here!

I tweet, therefore I am.
shadow
8 Comments

8 Responses to Debate Recording: Incentivizing Word of Mouth, or Not- Featuring Joe Jaffe & Rob Fuggetta

  1. Sara says:

    Interesting discussion. To me a true brand advocate needs no incentive as their passion about the product is normally motivation enough. I evangelize products all the time through both word of mouth and written reviews just because I am so wowed by them I can’t wait to share! And that includes the less sexy stuff like vacuum cleaners ;-) I do also agree that there is a challenge for consumers to understand which reviews are the most objective. Clearly if that person is in my network my trust level is high. Maybe there’s an opportunity for someone to come up with some clever linguistic and demographic analysis that would score how likely a review is to be unbiased.

  2. Tyler Byrd says:

    This is one I will definitely have to listen too. Thanks guys.

  3. Ryan Sharp says:

    It certainly is a tricky subject…incentives are good, but do they change the very nature of the relationship?

  4. Loved the discussion, as I listened in live. Here’s my take in blog post form (hint, my answer is a combo of both sides) – http://marcelloentertainment.com/blog/text/12916976.

  5. Pingback: Why Referral Programs Suck | Brand Advocacy and Social Media ROI Blog | Zuber Rants by Zuberance

  6. Pingback: Long-term Advocacy Enhanced by Emotional Connection | Zuber Rants by Zuberance | All about Brand Advocates & Social Recommendations

  7. Pingback: Long-term Advocacy Enhanced by Emotional Connection | Straight Talk | Ted Rubin

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>