eCommerce Marketing Podcast
The eCommerce Marketing Podcast walks you through everything that goes into ecommerce marketing — from inbound marketing to paid advertising to conversions. Learn the strategies top marketing experts use to grow their businesses.
Why Word of Mouth Marketing is Here to Stay – with JP Clement
byArlen Robinson
Marketing Strategies and Topics Covered in this Episode:
- What is word-of-mouth marketing and what are the latest practices and tactics to help promote businesses
- What are the key metrics when measuring success of a word-of-mouth marketing campaign
- What are the advantages/disadvantages of word of mouth marketing vs other types of marketing
- Companies that have been successful with word-of-mouth marketing
In this episode of the eCommerce Marketing Podcast, host Arlen Robinson interviews JP Clement, CEO of Boomtime, who has 30 years of experience in marketing, digital strategy, and product management. JP discusses effective word-of-mouth marketing strategies, the importance of reputation management, and the metrics to measure success.
Key Takeaways:
- Introduction to JP Clement and Boomtime (00:01:39)
- JP’s extensive experience in marketing and digital strategy.
- Founding of three digital marketing agencies and work with companies like Johnson & Johnson and National Geographic.
- The Evolution of Digital Marketing (00:02:45)
- JP’s journey into digital marketing starting in 1998.
- The challenges of scaling digital marketing agencies and the innovative approach of Boomtime.
- Importance of Word of Mouth Marketing (00:05:47)
- The influence of referrals and recommendations in purchasing decisions.
- Buyers seek trusted recommendations to avoid the fatigue of extensive research.
- Best Practices for Word of Mouth Marketing (00:07:10)
- Reputation management: Generating and managing reviews, being present in the right directories.
- Influencer marketing: Utilizing influencers with engaged audiences for higher ROI.
- Metrics to Measure Word of Mouth Marketing Success (00:12:48)
- Key metrics: Reach, engagement, virality, and conversion rate.
- Importance of setting benchmarks and tracking cost per acquisition.
- Challenges of Word of Mouth Marketing (00:17:15)
- Time required to see results: Word of mouth marketing is a long-term strategy.
- The need for consistent efforts and proper nurturing of campaigns.
- Success Stories in Word of Mouth Marketing (00:19:49)
- Effective use of LinkedIn for B2B word of mouth marketing.
- Example: The TransRail Group’s success with LinkedIn campaigns and thought leadership.
Bullet Points of Key Takeaways with Timestamps:
- [00:01:39] Introduction to JP Clement and his background.
- [00:02:45] Evolution of digital marketing and challenges in scaling.
- [00:05:47] Importance and influence of word of mouth marketing.
- [00:07:10] Best practices: Reputation management and influencer marketing.
- [00:12:48] Key metrics: Reach, engagement, virality, and conversion rate.
- [00:17:15] Challenges: Time required for word of mouth marketing.
- [00:19:49] Success stories: Effective use of LinkedIn for B2B marketing.
Guest Information:
JP Clement
- CEO of Boomtime
- Connect on LinkedIn: JP Clement
- Website: Boomtime