Sampad Swain explores Marketing, Media, Technology, Social Media, Advertising trends & strategies and its impact on Business and us.
Thursday, December 06, 2007
Word of Mouth - *The Pond-Ripple Effect*
But there has been a shift in the way it used to be spread then and now. I call it "The Pond-Ripple Effect". To simplify the concept, few things have to be kept in mind. First, a news/information which has to be spread is more like a story which is passed along the way like a baton. Secondly, the target audience is more like a pond along whose contours we are going to play with (metaphor).
So, we are already there to demystify the strategy. Supposedly, a story (here it is like a stone) is thrown to a target audience (the pond) through various means of media to create a ripple effect i.e. some sort of hype (may be good or bad). Generally, the stone is thrown in the middle of the pond to create maximum ripples. But sooner or later it fades away because of media proliferation and lack of customer attention.
So what do we do now? No, we are not heading towards the dead end. Take this case into consideration. Supposedly, the same story is thrown towards some opinionated evangelists who forms the boundary of the target audience (the pond). Now what may happen is this- Since marketing today has become more of a reflection of social paradigms and we believe more on peer recommendation, so these stories will keep on adding new values all the way through in the pond with bigger & better ripples.
So at the end of the day, your target audience knows about you; credibility is duly manifested since in every culture we follow some figures who are most often than not opinionated and at the end of it, you are creating conversations which makes "Meaning beyond Money".
Thursday, December 06, 2007
Word of Mouth - *The Pond-Ripple Effect*
But there has been a shift in the way it used to be spread then and now. I call it "The Pond-Ripple Effect". To simplify the concept, few things have to be kept in mind. First, a news/information which has to be spread is more like a story which is passed along the way like a baton. Secondly, the target audience is more like a pond along whose contours we are going to play with (metaphor).
So, we are already there to demystify the strategy. Supposedly, a story (here it is like a stone) is thrown to a target audience (the pond) through various means of media to create a ripple effect i.e. some sort of hype (may be good or bad). Generally, the stone is thrown in the middle of the pond to create maximum ripples. But sooner or later it fades away because of media proliferation and lack of customer attention.
So what do we do now? No, we are not heading towards the dead end. Take this case into consideration. Supposedly, the same story is thrown towards some opinionated evangelists who forms the boundary of the target audience (the pond). Now what may happen is this- Since marketing today has become more of a reflection of social paradigms and we believe more on peer recommendation, so these stories will keep on adding new values all the way through in the pond with bigger & better ripples.
So at the end of the day, your target audience knows about you; credibility is duly manifested since in every culture we follow some figures who are most often than not opinionated and at the end of it, you are creating conversations which makes "Meaning beyond Money".
2 comments:
- Abhishek Shah said...
-
thts a gr8 concept - the pond-pebble effect !
advertising is dead, long live PR ? - December 12, 2007 at 3:34 AM
- Sampad Swain said...
-
Yeah man, it seems like advertising is not able to nudge the consumers anymore...I see only two reasons for that from the last century..one being "Too many choices for consumers & too little time to choose". So hail to Word-of-Mouth and advertising is very yesterday nowadays.
Anyway thanks for your comments. I really appreciate..!! - December 13, 2007 at 2:24 AM
Thursday, December 06, 2007
Word of Mouth - *The Pond-Ripple Effect*
But there has been a shift in the way it used to be spread then and now. I call it "The Pond-Ripple Effect". To simplify the concept, few things have to be kept in mind. First, a news/information which has to be spread is more like a story which is passed along the way like a baton. Secondly, the target audience is more like a pond along whose contours we are going to play with (metaphor).
So, we are already there to demystify the strategy. Supposedly, a story (here it is like a stone) is thrown to a target audience (the pond) through various means of media to create a ripple effect i.e. some sort of hype (may be good or bad). Generally, the stone is thrown in the middle of the pond to create maximum ripples. But sooner or later it fades away because of media proliferation and lack of customer attention.
So what do we do now? No, we are not heading towards the dead end. Take this case into consideration. Supposedly, the same story is thrown towards some opinionated evangelists who forms the boundary of the target audience (the pond). Now what may happen is this- Since marketing today has become more of a reflection of social paradigms and we believe more on peer recommendation, so these stories will keep on adding new values all the way through in the pond with bigger & better ripples.
So at the end of the day, your target audience knows about you; credibility is duly manifested since in every culture we follow some figures who are most often than not opinionated and at the end of it, you are creating conversations which makes "Meaning beyond Money".
2 comments:
- Abhishek Shah said...
-
thts a gr8 concept - the pond-pebble effect !
advertising is dead, long live PR ? - December 12, 2007 at 3:34 AM
- Sampad Swain said...
-
Yeah man, it seems like advertising is not able to nudge the consumers anymore...I see only two reasons for that from the last century..one being "Too many choices for consumers & too little time to choose". So hail to Word-of-Mouth and advertising is very yesterday nowadays.
Anyway thanks for your comments. I really appreciate..!! - December 13, 2007 at 2:24 AM
2 comments:
thts a gr8 concept - the pond-pebble effect !
advertising is dead, long live PR ?
Yeah man, it seems like advertising is not able to nudge the consumers anymore...I see only two reasons for that from the last century..one being "Too many choices for consumers & too little time to choose". So hail to Word-of-Mouth and advertising is very yesterday nowadays.
Anyway thanks for your comments. I really appreciate..!!
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