Two Boston-based research groups study word-of-mouth impact on brand marketing. They suggest that the value of a single WOM conversation about a brand is about 50 cents. One study found that on average a person talked about a particular brand to just over 16 people. 83% of the 16 people talked to about two others. So if you are speaking at an event and you can get 100 people within your audience to talk about your “brand” you end up with $2,128 worth of marketing. The challenge for us, as author…
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Posted on July 19, 2008 at 8:19am — 1 Comment
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