Three Useful Insights for Marketing's Not-So-Silent Partner
Ed Keller [pictured], CEO of Keller Fay Group writes at AdAge: A white paper by marketing-analytics expert MarketShare provides concrete evidence that consumer word-of-mouth about brands directly drives sales by amplifying the impact of advertising and marketing of all kinds.
In the cases studied, social voice increased marketing effectiveness up to 54%, and a 10% increase in social voice resulted in a sales lift of up to 1.5%. Also, offline WOM had a more significant impact on buying outcomes than social media. More...
