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The power of buzz
by Susan Friedmann, CSP
The Tradeshow Coach
How did Hotmail gain over 12 million subscribers in 18 months? How did
the very low budget movie “The Blair Witch Project” become
such an incredibly successful phenomenon? The answer lies in the power
of “buzz.”
Buzz or word-of-mouth marketing influences more people to buy, or not
to buy products and services, than most other forms of marketing. Why
is it so powerful? Basically, we have a need to share information as a
means of communication and also as a way of understanding the world around
us. Often, we base many of our purchasing decisions on information gleaned
from friends and well-respected associates. We tend to listen to them
more readily then most mass-media messages.
In his book “The Anatomy of Buzz,” Emanuel Rosen states, “most
marketing today ignores the power of buzz and tries to influence each
customer individually.” He believes that “buzz travels through
invisible networks that link people together. Noise, skepticism and connectivity
all influence today’s buzz.”
As exhibitors you need go no further than the tradeshow floor to find
a network that creates a real buzz. It starts prior to the show, gathers
momentum at the show, and then slowly dissipates after the show ends.
Every exhibitor has the power to influence the buzz. It all depends on
product/service quality, marketing savvy and the decisions made.
I recall visiting a telecommunications show a couple of years ago when
the buzz on the show floor concerned a Fortune 100 company and major player
in the industry, (who shall remain nameless). The talk centered around
the image of their booth which wasn’t quite up to expectations.
The buzz went like this: “The ABC Company has gone cheap. They must
be having financial problems.” It’s gossip like this that
starts the wheels of the “rumor mill” turning and can even
create havoc on the Stock Market. Remarks like this often have very little
bearing on reality, but people make assumptions and decisions based on
what they see and hear. Obviously, the originating source of the buzz
plays a key role in its basis for truth.
I’m sure that you would much prefer any tradeshow buzz to be positive.
Since talking about products/services makes economic sense, how can you
use the buzz to add to your existing marketing efforts? I’ve put
together ten guidelines for you to consider:
- Brainstorm all possible groups of people who might be interested in
your products/services. Consider including the media, opinion leaders,
influencers, lead users, politicians, analysts, etc. Don’t forget
chat rooms and newsgroups although buzz still spreads primarily by personal
interaction.
- Research how information spreads among your customers. Ask them how
they usually learn about new products/services. Who are their major
information sources? Who’s information do they value? You’re
primarily looking for groups of people rather than individuals. However,
don’t discount individuals, as they may well be a powerful opinion
leader.
- Develop a clear and concise message highlighting the product/service
benefits you want to filter through these different groups. Zero in
on your product’s uniqueness and what it can do, for example,
to help save time and money – two basic elements most people seek.
- Think about ways to tap into these groups to spread the word about
your products/services. Use these in addition to your existing marketing
efforts. Never rely on just one means of connecting with you target
audience. Your credibility is enhanced through different marketing mediums.
For example, exhibit marketing could include pre-show advertising, at-show
sponsorship and post-show, a trade publication article. The more ways
people can hear and see you the better.
- Offer prospects easy ways to try your product/service. For example,
the makers of Pictionary gave demos in parks, shopping centers and other
gathering places. The tradeshow floor presents excellent opportunities
for this.
- Come up with other creative ideas to enhance tradeshow show demonstrations.
What can you give people to take away to remind them of your company,
products and positive show experience. Think about something that will
help create the buzz. It’ll have to be more creative than a keychain
or stress ball. The more product-related the better. You want people
to remember and talk about you – positively!
- Look at special groups whom you might offer a product discount, a
loaner or even for free. You’re looking for groups/individuals
where the direct product experience will help spread the word. For example,
when FedEx started out, it offered free shipping to show people how
their program worked. America Online continuously finds ways to offer
hundreds of free hours of trial usage to entice new users. I recently
saw a display of free CDs at WalMart.
- Use press conferences for major announcements, new product introductions,
but only if they are truly new or improved, or general industry trends
- what’s hot and what’s not. Realize that editors are interested
in timely newsworthy information; industry trends, statistics, new technology
or product information. The media get very upset attending a press conference
which is poorly organized and where there’s nothing newsworthy.
- Use sneak previews at tradeshows to build anticipation and help create
a buzz on the show floor. Give people a fun experience and a behind
the scenes view of what’s coming. TV and the movies have got this
down to a fine art with their coming attractions. Siemens just did this
extremely successfully at the recent CTIA show in Las Vegas. They organized
a live marketing presentation with a futuristic theme that featured
a digital phone prototype. They certainly created a buzz, which had
people, including myself inquiring about the product’s availability.
- Make use of tradeshows to educate your target audience. People are
hungry for information. Investigate opportunities to speak either during
the workshop sessions or incorporate an educational session into your
display.
The power of buzz far exceeds many conventional marketing vehicles. It
is probably the oldest, most well-used and valuable one out there. Look
at how you can make it an integral part of your existing marketing plan
to influence the voices in your industry.
About the Author
Written by Susan A. Friedmann,CSP, The Tradeshow Coach, Lake Placid,
NY, author: “Meeting & Event Planning for Dummies.”
http://www.thetradeshowcoach.com
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