WOMMA Research Symposium - Individual Differences, Social Networks and Word of Mouth Influence

+ Posted by Josh Hallett on 12.11.06 // 03:59 PM

The following is cross-posted from the WOMMA Research blog:

The last session I attended was led by Harald Eltvedt from Informative. Harald presented some findings from some research that Informative had conducted related to advocates.

WOMMA Summit - Harald Eltvedt from Informative

WOM is about people. You can't motivate WOM until the advocates are identified. There is a difference between advocates and customers. Often the largest advocate may not be the largest customer from a revenue perspective.

Advocates are connected, seems like a given, but their research has shown that an advocate on average will know 3x more people than a traditional customer. Advocates of course advocate, but an advocate will provide a greater number of recommendations on a consistent basis. Advocates are usually passionate, 95% of advocates will volunteer their opinion.

A consumer's brand advocacy value is measured by:

1. The ability to reach potential customers (influencer)
2. Willingness to promote your offerings over a competitor's (Promoter)
3. The influence over the purchase decisions of others (Credible)

From their testing along the three items listed above they identify that 10 - 15% of brand customers are advocates.

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