2014年9月29日月曜日

2014-09-29 - Look Who's Talking Now! Professor Jonah Berger on Viral Word-of-Mouth Marketing

 
HIP (Hard-Working, Innovative, Passionate) People Place
 
A noble purpose inspires sacrifice, stimulates innovation and encourages perseverance.
n  Gary Hamel


In an effort to develop future business leaders in Japan, where I am a university lecturer, I publish a blog in Japanese. Though I initially wrote about the work of other scholars and executives, I thought the blog would be more interesting if I could interview management leaders directly. My only concern was securing cooperation. Successful scholars and business professionals are extremely busy.

To my pleasant surprise, most have made time for me despite their often impossible schedules. I am delighted, indeed, moved. Not only have I enjoyed the privilege of being able to dialog with these individuals, I have found their talks inspirational. Each has exhibited exuberant passion and demonstrated the value of sheer hard work. Thinking about how much I have benefited from the interviews, I decided to establish this English blog to share them with a wider audience than Japanese readers. I am certain they will enlighten you. I hope they will inspire you.
 
 
 
 
 
 
Jonah Berger, PhD,
The Wharton School at the University of Pennsylvania
Professor of Marketing
 
 
1.   Please explain the cutting-edge technologies and methods in the field of social-medial marketing citing concrete examples.
 
Word of mouth is 10 times more effective than traditional advertising. People don’t trust advertisements because they know companies are trying to sell them something. But they do trust their friends.  So interpersonal communication has a huge impact on how people behave.  The movies, restaurants, and products people talk about on social media have a big impact on what other people buy.  So companies are shifting from spending money on traditional advertising to social media and offline word of mouth.  Not only are such campaigns cheaper, they’re much more effective in driving behavior.  I’ve helped companies like Coca-Cola, Google, and Samsung apply these principles to drive some amazing results.
 
 
 
2.  Can you introduce companies or case studies that are particularly noteworthy for their use of social-media marketing?
 
Coca-Cola has done a great job on social media.  They are authentic, fresh, and drive an emotional connection with their consumers. They don’t just see social as another advertising channel. They understand why consumers use social media and how to interact with them on these platforms.
 
 
 
3.   Is there a formula for successful social-media marketing? If so, please explain it with a concrete example demonstrating its application.
 
Successful social-media marketing depends on understanding consumer behavior. Why people share things in the first place. Many companies think that just having a social media presence is enough, but the different platforms are technologies, not strategies. If you do not understand how to use them effectively, a great deal of resources will be wasted.
 
As I talk about in Contagious: Why Things Catch On, there are six secrets to building successful word of mouth. Six, key, evidence-based principles to get people to talk and share. I’ve put them in a framework using the acronym STEPPS: Social Currency, Triggers, Emotion, Public, Practical Value, and Stories. Each principle is based on rigorous academic research about why some products and brands get more word of mouth and why online content goes viral.  By leveraging these six key STEPPS, and using them to craft contagious content, companies and individuals can help their products and ideas catch on. 
 
Take the hundreds of people that waited online for the new iPhone to be released. What did they do when they finally got the phone? They took a picture and shared it with all their friends. And if you think about why, the reason is because it makes them look good. Being one of the first people to get something that not everyone else has makes you look high status and in-the-know. It gives people Social Currency.  The better something makes people look, the more likely they are to share it.
 
 
 
4.   What is your outlook on the future of social-media marketing? How do you think it will develop or evolve? In anticipation of this evolution, what should companies and business professionals be doing to prepare?
 
The future of social-media marketing is customer insight. Without it, companies are doomed to fail.  Too many companies see social media as another advertising platform. They think if they just put their ads on YouTube people will share them. But without understanding why people share in the first place, many companies have lots millions.
 
 
 
5.   From your standpoint in America, what advice would you give to Japanese companies in general on effectively using social media?
 
Focus more on the psychology and less on the technology. Understand WHY people use social media in the first place and use that insight to build effective campaigns. It’s not enough to just get more followers. The key is engagement. How many people are sharing your content or engaging with the brand in an authentic way.
 
 
 
6.   As you know, the Cool Japan Initiative included in Prime Minister Abe’s economic revitalization measures aims to export Japanese cultural products to the rest of the world. What are your suggestions for fully exploiting social-media to achieve this aim targeting U.S. markets and consumers?
 
The world is much smaller than it used to be. What is popular in Japan today can become popular next week in the United States, but for that to happen, the cultural products need to leap across the geographic divide though social ties. Japanese cultural products must move from Japan to Japanese people living in the US to the broader US culture at large. Gangnam Style is just one recent example of something that broke geographic boundaries. Billions of views for just one piece of content. But for that to happen, millions of people have to decide to share the content.  And that’s where understanding the psychology of sharing becomes key.
 
 
 
7.   Are there aspects of Japan overall, the economy, Japanese firms or cultures that you are watching in particular? Would you be interested in visiting Japan to deliver lectures on social-media marketing if you give the opportunity?
 
I’ve worked with dozens of companies across the world and I’ve found the challenges are often similar. How do we grow our customer base? How can we get our new products or initiatives to catch on? Whether you work for a major corporation or a small business, a for-profit or a non-profit, understanding how word of mouth and social influence work are key. I’d love to share these insights with more Japanese businesses and hope to do so in the future!
 
 


 
Joseph Gabriella
A long-time resident of Japan, I am currently a lecturer at Toyo University in Tokyo. Before returning to academia, I spent over ten years in industry as a senior manager of multinational and domestic companies in Japan in the fields of finance, pharmaceuticals, and hospitality. In addition to pursuing my passion for education, I also continue to work as a consultant on a project basis, tackling what I refer to as square-peg problems, business needs that do not fit neatly into a particular consulting-practice area. Over the past four years, I have completed projects for U.S., Japanese, and Chinese for-profit and non-profit enterprises. Active as a researcher as well, I have published academic papers and books in both Japanese and English. I welcome your feedback on this blog in my ongoing effort to improve it.
 
gabriella@toyo.jp
jjapan1802@yahoo.co.jp
 
English Blogs
Hope from Japan                  http://hope-from-japan.blogspot.jp/
Venture into Japan             http://venturejapan.blogspot.jp/                                        
 
Japanese Blogs
http://world-worker.blogspot.jp/
http://stepover-us.blogspot.jp/
 
 
Yuzo Sugimoto
A graduate of Yokohama National University, Yuzo completed his MBA at Pepperdine University. After acquiring ten years of experience in public finance, infrastructure privatization as well as  public-relations utilizing mass media, he returned to his undergraduate alma mater to study for a Ph.D. in Economics. His research focuses on eco-friendly businesses and the marketing strategies of entertainment and fashion businesses. Yuzo has published numerous book in Japanese combining education and entertainment. Titles in his edu-tainment series by Garyusha Press include  V is for Victory: Secrets of Victoria’s Secret’s Success, What Lady Gaga teaches us about business, An Invitation to Victoria’s Secret, and President Obama and Hybrid Vehicles.
(The Institute for the International Education of Students, Tokyo
 
 
 
© 2014 Joseph Gabriella, Ph.D., MBA. All rights reserved.
 
 
 

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