Is Word of Mouth Marketing Still Effective?

word-of-mouth-marketing
Is word-of-mouth marketing still an effective way of reaching customers?

In today’s busy, online-centric world, you hear a lot about how social media is the answer to everything: more traffic to your website, more phone calls to your business, and more customers purchasing your products and services. As a small business owner, you don’t have a lot of extra money to spend on complicated advertising campaigns. While larger businesses have millions to pour into campaigns that they can adjust over time, you have a very limited budget and no excess to tweak your strategy in the future. So you’re probably still relying on word of mouth marketing. But is it still effective? Are you getting the most you possibly can from it?

Word of Mouth is Still a Reliable Marketing Method

Many small business owners say that they still use word-of-mouth advertising and that it is effective for their marketing efforts. In fact, two in three marketers say that word of mouth marketing is actually more effective than any other traditional marketing tactics they’ve tried. According to a study done by the Word of Mouth Marketing Association, 70% of marketers say that their companies will increase social media budgets in the next year, whereas only 29% say that they’ll spend more on offline word-of-mouth marketing. So what does this mean? It means that small businesses rely on word-of-mouth marketing, they find it to be effective, and because of this, they don’t see it as necessary to dump a bunch of money into it. It’s a safe investment for them because they get real results.

Word of Mouth Marketing is More Flexible Than You Think

If you think about it, you can still benefit from word of mouth marketing while utilizing modern social media tactics.

Sites like Angie’s List make it possible for your customers to leave feedback in an online space designed to market your business. Encourage your happy customers to leave you a glowing review to bring in more business. It’s like telling a friend that you really loved a restaurant and then they go and check it out. Someone recommends your site on Angie’s List and that’s a lot of clout.

Yelp  is also a great site to show how awesome your small business is. Again, encourage your happy customers to leave reviews and help spread the word about your business. Yelp is practically a go-to resource for those looking for local businesses.

Facebook is another way you can connect with local customers. When your customers share your statuses or interact with you on your page, they’re more likely to buy from you. In fact, 85% of customers who follow brands on Facebook are likely to recommend it to their friends.

You Can Still Encourage Customers to Spread the Word in Person

While all of these strategies work to spread the word about your company, simply talking to friends and family is still an effective way to bring in new customers. If you are in the business of working directly with clients—say, as a lawyer, doctor, or dentist—you have a lot to gain from this. People are far more likely to take recommendations from friends and family when it comes to important things like finances and health.

Let the experts at Internet Local Listings help you get the word out about your business. We’ll get you listed across all major online directories and we even provide updates for social media sites such as Facebook and Twitter. By working together, we can get people talking about your brand—and help you draw in new clientele.

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