dave balter presentation, fall 2009

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The Socializing of Word of Mouth Tweet what?

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Dave Balter, CEO of BzzAgent, November 2009 slides for speaking gigs...

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Page 1: Dave Balter Presentation, Fall 2009

The Socializing of Word of Mouth

Tweet what?

Page 2: Dave Balter Presentation, Fall 2009

Man Groomer

Page 3: Dave Balter Presentation, Fall 2009

WOM Evolution

The last decade…A long, long, long time…

Page 4: Dave Balter Presentation, Fall 2009
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Bait

(617) 555-3938

Page 7: Dave Balter Presentation, Fall 2009

Bait

(617) 555-3938

Page 8: Dave Balter Presentation, Fall 2009
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Astro Turfing

Page 11: Dave Balter Presentation, Fall 2009

Real Time Connections

To your Community (and others!)

At Massive Scale

Page 12: Dave Balter Presentation, Fall 2009
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Social Media has overtaken porn as the #1 media on the Web

Page 14: Dave Balter Presentation, Fall 2009

X

X

X

July 2008

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FAILFAIL

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delete 10 of your Facebook friends and get a free Whopper

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Scale JackingScale Jacking

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The Social Media Guru

Page 29: Dave Balter Presentation, Fall 2009

Updated Guides concerning endorsements and testimonials in advertising

Page 30: Dave Balter Presentation, Fall 2009

Bloggers and other reviewers must disclose any payments or free products they receive from advertisers

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Mary Engle

The Guides Explained

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Mary Engle

The $11,000 Question

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You cannot use customer testimonials or endorsements that are atypical

Page 38: Dave Balter Presentation, Fall 2009

How good are you at monitoring and enforcing the FTC’s Guidelines?

Page 39: Dave Balter Presentation, Fall 2009

Mary Engle Video

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Mary Engle Video

Page 42: Dave Balter Presentation, Fall 2009

Compliance Assurance Team

Advocate submits Word of Mouth

content

Up to 200 trained experts on staff to read and

review

Data is bucketed and content is scored. Individual discussions are developed

Approved Content: Distributed via social media

1 2

4b

3

Database of Agent Reports

Reports Analyzed:Themes, opinions, actions taken

4a

Page 43: Dave Balter Presentation, Fall 2009

Mini intermission

Page 44: Dave Balter Presentation, Fall 2009

Celebrity

1

Value

2

Scarcity

3

Exclusivity

4

4 key social media tools for generating word of mouth

Page 45: Dave Balter Presentation, Fall 2009

Mary Engle Video

Social Media Tool #1:Generate Celebrity

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“I just looked at my followers number and said to myself‘where did all these people come from?’”

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Celebrity of Knowledge: “BzzAgent Girl”

Page 50: Dave Balter Presentation, Fall 2009

Mary Engle Video

Social Media Tool #2: Offer Incredible Value

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Mary Engle Video

Social Media Tool #3: Make it Scarce

Page 56: Dave Balter Presentation, Fall 2009

Mary Engle VideoScarcity: Google Wave

Page 57: Dave Balter Presentation, Fall 2009

Mary Engle Video

Social Media Tool #4: Provide Exclusivity

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My tummyaches…

Page 62: Dave Balter Presentation, Fall 2009

Ty’s Ten (WOM) Tips

1. Reasonable Price

2. Keep it Secretive

3. Surprise People

4. Limit Production

5. Avoid Large Chains

6. Simplicity

7. Personification

8. Variety

9. Retirements

10. Risk

Page 63: Dave Balter Presentation, Fall 2009

Ty’s Ten (WOM) Tips

1. Reasonable Price

2. Keep it Secretive

3. Surprise People

4. Limit Production

5. Avoid Large Chains

6. Simplicity

7. Personification

8. Variety

9. Retirements

10. Risk

Page 64: Dave Balter Presentation, Fall 2009

Thanks!