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How to get

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Anecdotes from Apple, Tandem, Oracle, Sun. Model 25% complete. Complexity only 1 of 5 perceived attributes. Authority only 1 of 3 types of decision ... – PowerPoint PPT presentation

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Title: How to get


1
Tom Sawyers tips, tricks and techniques
How to get your best friend to whitewash a fence
for you
By Greg Jarboe former VP of Marketing WebCT
Marketing Strategies on a Shoestring
Budget Newton Marriott, Nov. 29, 2001, 8-11 a.m.
2
Problem Crossing the Chasm
  • Anecdotes from Apple, Tandem, Oracle, Sun
  • Model 25 complete
  • Complexity only 1 of 5 perceived attributes
  • Authority only 1 of 3 types of decision
  • Mass media only 1 of 2 comm. channels
  • Social system ignored
  • Apple Evangelists unmentioned

3
Solution Diffusion of Innovations
  • 3,890 published studies
  • Variables determining the rate of adoption
  • Perceived attributes Relative advantage,
    compatibility, complexity, trialability,
    observability
  • Decision types Optional, collective, authority
  • Comm. channels Mass media and interpersonal
  • Nature of social system
  • Extent of change agents promotion efforts

4
Solution The Bass Model
Case histories on 200 new product diffusions
f(t)/1-F(t)pqF(t)
qadoptions due to interpersonal communication
padoptions due to mass media
Source Frank M. Bass, The University of Texas at
Dallas
5
Benefits WebCT Champions
  • Recruited some of WebCTs best customers
  • Initially two, then four full-time Champions
    (UGA, Marylhurst, UCLA, Ferris State)
  • 40 Visiting Champions
  • One part-time Champion (TAFE SA)
  • One user conference coordinator
  • Results over two-year period
  • Won 84 of head-to-head competitions
  • Tripled base from 700 to 2,172 institutions
  • Doubled penetration from 36 to 75 countries

6
Benefits Jupiter Media Metrix
  • E-commerce sites failing to harness word-of-mouth
  • 45 of consumers choose e-commerce sites based on
    word-of-mouth recommendations
  • Only 7 of companies track e-mail pass-along
    rates
  • Most execs define customer loyalty too narrowly
  • 63 use spending habits and order values
  • Only 13 look at customer satisfaction ratings
  • Viral marketing and CRM initiatives produce
    benefits
  • Reduce customer acquisition costs by 27
  • Increase average order sizes by up to 60

7
Action Seek more information
  • Knowledge stage
  • Recall information
  • Comprehend message
  • Be knowledgeable
  • Persuasion stage
  • Like
  • Discuss with others
  • Accept
  • Form positive image
  • Get support of system
  • Decision stage
  • Seek more information
  • Intend to try
  • Implementation stage
  • Acquire additional info
  • Use on regular basis
  • Continue to use
  • Confirmation stage
  • Recognize benefits
  • Integrate into routine
  • Promote to others

8
Questions and (verifiable) answers
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