Title: How to get
1Tom 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.
2Problem 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
3Solution 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
4Solution 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
5Benefits 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
6Benefits 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
7Action 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
8Questions and (verifiable) answers