04 Aug
Generate Leads Using Word of Mouth

Posted by Deven Pravin Shah On August - 4 - 2010
  1. How can I use the internet to generate leads for my business?
  2. My business relies on the “word of mouth”, how can the internet help?
  3. How can Social media be used for my business?
  4. What is the most optimal way for me to spend my marketing budget, so that I can maximize my bang for the buck?

Marketers think these questions all the time.

Word of Mouth Using the Internet and Social MediaThe fundamentals of the marketing strategy and human psychology are still valid as ever. We always get more business from people that we know. Current customers and their referrals are always promising for the business development. Word of mouth has a tremendous value, as it brings so much credibility to the relationship.

Trade shows, sponsorship of events, community activities, direct communication, and healthy relationships with current customers help in getting the most out of this viral marketing.

However, a couple of facts have changed the ways to market your business, whether it’s B2B or B2C marketing model.

  1. People have a lot of information at their finger tips now. They have power to pick and choose exactly what they want.
  2. The internet and social media technologies is changing the landscape as to how you network and cultivate your market support system.

New Media for Marketing, Communication

The internet social media tools provide new ways to use the word of mouth. You can reach out to people, establish relationships and expand your viral marketing a lot more easily and simply thanks to the new technology.

Where and how do you start to put this to use effectively?

  1. Have a clear understanding as to where and how the internet plays into your business model.
  2. When it comes to adopting new ways, you don’t know what you don’t know. Have a clear assessment of your current marketing strategy so you know what are the constraints, and how to overcome them.
  3. Do in depth competitive analysis. There are so many tools and options available now that helps with clear benchmarking.
  4. Develop your content strategy.
  5. Have a clear social media strategy.

The conversations and interactivity when fueled by the quality content provides a very powerful word of mouth.

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Category: Content Strategy, Digital Marketing

Written by: Deven Pravin Shah

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About the author: Deven Pravin Shah
I am a business technology specialist. I help my partners grow their business by implementing system that combine technology and new marketing, business development ideas. I enjoy putting together ...read more

 

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