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Trust Is
in the Network
(by
Kelly Mooney and Rita Rollins, Ph.D.) |
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With
the power of social networking, infinite online
searching and mobile connectedness, consumers now have
access to a boisterous bazaar of public opinion. How
much is this easy access to the opinions and insights of
individuals altering consumers' perceptions of
authority? Quite a bit. Their sense of who has authority
and who deserves it has changed dramatically.
A 2006 Edelman Study revealed that trust in a "person
like me" rose from 20 percent in 2003 to 68 percent in
200 -- an increase of more than 300 percent.
If icitizens are turning to each other for news and
views instead of relying on official and traditional
sources -- including brands themselves, it's not simply
because of the exhilarating access to an unfiltered
online community. The growth of trust in a peer network
is tied to waning trust in traditional cultural
authorities and institutions -- the church and state,
educators and, yes, brands and the mass media. Consumers
are less trusting because they're jaded by everything
from lackluster customer service and brand blandness to
a wave of white-collar corruption in the form of the
scandals of Enron, Worldcom, Adelphia, Tyco and even
Martha Stewart.
As a result, icitizens have taken matters into their own
hands. They've transformed themselves from passive
receivers of information to active retrievers, creators
and judges of it. They've become information DIYers.
David Altman, Senior Vice President and General Manager
of Bath & Body Works Direct, said, "Our customer is very
tuned in to advice from her trusted friends and family,
and though she's checking out magazines and shop-at-home
channels, the trend is definitely peer-to-peer. She is
interested in what other women like her have to say
about beauty."
People Like Me
In contrast to the pre-internet world, a "person like
me" no longer has to live in the same neighborhood,
belong to the same book club, have kids at the same
school or work at the same firm. In fact, a "person like
me" doesn't have to be anything like "me" -- at least,
not demographically. That person just has to share a
similar interest or experience, which I discover while
surfing, searching or checking out my favorite social
networking site. That "person like me" becomes an ally
and advisor by virtue of having a seemingly independent,
informed opinion about a subject that is relevant to me.
Forrester Research reports that over 52 percent of adult
consumers typing queries into search engines are doing
so to make or influence routine purchase decisions. All
consumers are 50 percent more likely to be influenced by
word-of-mouth recommendations from their peers than by
radio or TV ads, according to a Nielsen BuzzMetrics 2005
report. Why? Because trust is now in the network -- in
groups of interconnected "people like me."
From Marketing
Funnel to Fish
According to Forrester Research (2007), when it comes
to trust, consumer-generated media consistently outranks
professional sources. By now it's clear that
consumer-generated media is not a geek fad or passing
techno-fancy. "The number of people who create content .
. . is expected to increase significantly as the
user-generated content movement gathers steam . . .
Globally, the number of user-generated content creators
will reach 238 million in 2011, up from 137 million in
2007."
As word-of-mouth platforms grow and traditional
marketing tools lose impact, the propensity of a
customer base to recommend products and services to
others will be regarded as a key measure of brand
equity. Consequently, brands must rethink the customer
journey to purchase, and allocate more resources for
strengthening the peer connections and conversations
along the way; these interactions are now the essential
relay for an ad campaign or other marketing initiative.
Ad campaigns themselves can -- and should -- be more
targeted in our ad-skeptical and ad-skipping times.
Mobile, the antithesis of a mass medium, can make event,
promotional and video marketing highly targeted to a
person's real-time needs and interests. Embeddable media
players or other types of
widgets --
the latest in pull marketing -- once dropped by the
consumer on her web page can be a welcome advertising
window, provided the content relates to areas of
interest chosen by the consumer. If your brand generates
new content frequently or a blogger's content or other
news publisher is relevant to your brand,
RSS feeds
can likewise deliver ads along with consumer-chosen
content right to their digital front doors.
After the targeted campaign or content raises awareness
about and interest in a brand, marketers should focus on
the "scenic route"-- the social and increasingly
circuitous paths their messages then take. Fine-tuning
consumer relationship management programs keeps a brand
in touch with and up to date about a consumer's wants
and needs. Providing valuable digital CSI (creating,
sharing, influencing) tools is the brand's ticket to go
along for the icitizen ride through social networks and
creative remixing. Hosting or sponsoring events pulls
consumers toward the brand's human dimension.
All of this activity in the middle of the consumer
journey fundamentally changes its shape, from the
traditional funnel to a new school fish. The opening of
the former funnel is now smaller -- because it's more
targeted -- at the "mouth" (where brand communications
via mass media have historically initiated the journey),
largest around the "belly" because of consumer queries
and activities, creative inventions and interventions.
It then fans out at the end into a multidirectional
"tail" of post-purchase behaviors that amplify consumer
opinions and advocacy.
In light of this funnel-to-fish evolution, companies
need to re-architect their brand communications to
determine the most effective tactics for intriguing
citizens, engaging their peer network, and inspiring
both to move through the purchase journey.
Copyright 2008 by
Resource Interactive
Kelly
Mooney has been a consumer-centric
marketing innovator for 20 years, and is President of
Resource Interactive. She co-authored
The Ten Demandments:
Rules to Live by in the Age of the Demanding Consumer
(McGrawHill, 2002) -- one of the first marketing books
to showcase the consumer's perspective. A popular
blogger, frequent keynote speaker and expert
commentator, her perspectives have been covered by media
outlets including The Wall Street Journal, Business
Week, Fortune, Inc., Fast Company, USA Today, Time
Digital, People, CNN, CNBC, CNET, CBS's "The Early
Show," Nikkei Business (Japan),
Vente à Distance
(France), and Capital (Dubai).
Dr.
Nita Rollins is a multidisciplinary thinker
and Innovation Consultant in the Resource Interactive
R&D Lab. She is the author of
Cinaesthetics: The
Beautiful, the Ugly, the Sublime and the Kitsch in
Post-Metaphysical Film (2008), and of articles
for Design Management Journal, New Design (UK),
Innovation: The IDSA Quarterly, Internet Retailer,
Cinema Journal and Wide Angle. She earned her Ph.D. in
Critical Studies from UCLA's Department of Theater, Film
& TV, and has served as Research Fellow at the
University of California Humanities Research Institute
and the University of Paris III.
For more information, please visit
www.resource.com .
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Editor's Note |
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If you are a
career coach or a human resources professional
and would like to contribute an article to
WorkBloom, please
contact us. |
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