BzzAgent Word-of-Mouth Reaches 10.5MM Consumers in 2006.Consumer Involvement, Activity Level Doubles Annually WASHINGTON Washington, town, England Washington, town (1991 pop. 48,856), Sunderland metropolitan district, NE England. Washington was designated one of the new towns in 1964 to alleviate overpopulation in the Tyneside-Wearside area. -- BzzAgent, Inc., the industry's fastest growing word-of-mouth marketing and media firm, today announced top-line results from the 108 word-of-mouth programs it implemented in 2006. The company's campaigns topped 450,000 Agent registrations, who in turn shared their unscripted un·script·ed adj. Not adhering to or in accordance with a script written beforehand: "his unscripted encounters with the press" Eleanor Clift. opinions about products and services with 10.5 million consumers. The average size of a BzzAgent program has more than doubled since 2005, indicating that managed word of mouth is becoming a standard item in a brand's media mix. A year ago, campaign registrations approached 225,000 Agents who "bzzed" nearly 5 million friends and family members. "Reach is only part of the value of this medium," said Dave Balter Bal´ter v. t. 1. To stick together. , founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of BzzAgent. "The depth of engagement our Agents have with our clients' brands is equally, if not more, critical. BzzAgent volunteers personally experience the products they discuss and they commonly engage in lengthy conversations. Word of mouth is a marketing medium that extends well beyond simple impressions or even click-through rates The number of times a link on a Web page is clicked compared to the number of times it is displayed. Advertising royalties paid to Web sites are often based on click-through rate (CTR), and the amount paid per click-through is considerably higher than the cost of an ad that is displayed ." BzzAgent based its analysis on reported incidents of word of mouth as well as industry norms for generational reach. Specifically, in 2006 the company's network of unpaid volunteers reported that they had discussed campaign-related items with nearly 4 million friends and family members, who - according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. third-party studies - were likely to tell an additional 6.5 million people about the products. The latest discoveries in the word-of-mouth industry contradict con·tra·dict v. con·tra·dict·ed, con·tra·dict·ing, con·tra·dicts v.tr. 1. To assert or express the opposite of (a statement). 2. To deny the statement of. See Synonyms at deny. conventional marketing wisdom. For example, university researchers determined the act of disclosing one's involvement with a marketing program does not impede im·pede tr.v. im·ped·ed, im·ped·ing, im·pedes To retard or obstruct the progress of. See Synonyms at hinder1. [Latin imped reach - as many experts had assumed - but rather amplifies it. In recent months, BzzAgent has removed "reporting points" from many campaigns to test the correlation between word-of-mouth activity and rewards. According to John Bigay, BzzAgent's vice president of marketing, "More than 220,000 different people joined BzzAgent campaigns last year. Engaging a population of this size provides us with a valuable looking glass Looking Glass - A desktop manager for Unix from Visix. into what motivates everyday people to share their opinions on behalf of brands. We will continue to study how effective word of mouth is triggered, and we will continue to refine our model accordingly." About BzzAgent, Inc. BzzAgent Inc. is a word-of-mouth marketing and media firm that helps companies to organize and manage honest, real-world conversations among everyday consumers. BzzAgent's innovative process, platform and programs enable the acceleration and measurement of word-of-mouth as a marketing medium. Using such systems, BzzAgent's clients can generate awareness and shape perception about their products and services either via BzzAgent's growing community of nearly 250,000 trained, volunteer brand evangelists or by way of their own client-branded word-of-mouth networks that are customized, hosted and built by BzzAgent. In four years, BzzAgent community members have engaged in more than eight million product-related conversations. For more information, visit www.bzzagent.com. BzzAgent is a registered trademark of BzzAgent, Inc. All other trademarks or registered trademarks are property of their respective owners. |
|
||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion