While most marketers know by now that earned is the most powerful media and they have programs in place to drive it, many have yet to realize that all earned is not created equal. The fact is that
earned generated by an in-person experience -- even just a simple product sample or demo -- is more powerful than earned media generated by other means. And the more engaging that in-person
experience, the more powerful the earned that it drives.
It’s no surprise this is not yet widely known. Attend almost any conference today and you get the impression that the only way to
get consumers talking about brands on Facebook, Twitter and the like is to start conversations on those platforms. But there are well-established social marketing companies that can start brand
conversations offline, with brand experiences that are far more engaging than is possible online. And there is a growing body of evidence that the online and offline earned media generated this way --
because it is more passionate, credible and far-reaching -- drives bigger brand and sales lifts, for higher ROI.
We call driving earned media this way “experience-driven social
marketing,” and one batch of the proof of its power comes from leading word-of-mouth research firm the Keller Fay Group, whose ongoing tracking finds that 83% of word-of-mouth about brands
involves personal experience. As co-founder Brad Fay sums it up: “Seven years of our research shows that word of mouth based on real product experience is more credible, more viral, and more
likely to lead to purchase.”
Our findings reveal that brands that follow these strategies have achieved:
- Bigger brand lifts: compared with, say, the typical 0% to 30%
brand lifts of digital display campaigns, experience-driven social campaigns have averaged favorability lifts of 155%, advocacy-intent lifts of 196%, and purchase-intent lifts of 183%.
- Bigger sales lifts and ROI: Measured with matched-market studies, experience-driven social has typically lifted sales 10% to 15%, for ROI of $4 in gross revenue and $2 in gross profit.
- Lifts in “marketing receptivity”: 69% of consumers reached by experience-driven social have taken more notice of the brand’s other marketing.
- Mass and ever-growing reach: engaging 5,000 advocates has typically reached as many people as a Top 10 cable show, consumer site or magazine; and six months later it has continued to drive a
million recommendations a month.
- Bonus assets: experience-driven social produces valuable assets -- mountains of UGC, tens of thousands of opted-in advocates, deep consumer
insights and more -- raising the ROI even higher.
Experience-driven social marketing has the power and reach to both build brand and drive sales as well as -- or better than -- all
other channels. It also has a longer-lasting impact; it gets consumers to pay more attention to a brand’s paid and owned media; it produces precious bonus assets that other channels can’t;
and it can be accurately measured and reported in the metrics that marketers are used to and value most, including sales lift and ROI.
Earned is the most powerful media, and experience-driven
is the most powerful earned. Experience-driven social marketing results in deeper engagement for more persuasive and far-reaching advocacy, and bigger lifts in branding and sales.