Energizing Brand Advocates_by Zuberance at Liquid Brand Summit

Energizing Brand Advocates

Rob Fuggetta, Founder & CEOfor Liquid Brand Summit

March 1, 2011

2

Brand Advocates are not targets.

Re-think Marketing

They are your best marketers.

3

Brand Advocates, Definition

Highly-satisfied customers who pro-actively recommend brands or products without being paid to do so.

4

Advocates: Unique, Powerful Segment

Most trusted sources Highly Influential Massive reach

Business Value

5

Advocates are Most Trusted Source

Recommendations from people known

Consumers opinions posted online

Brand websites

Editorial content (e.g. newspaper article)

Brand sponsorships

TV

Newspaper

Magazines

Billboards/outdoor advertising

Radio

Emails signed up for

Ads before movies

Search engine results ads

Online video ads

Online banner ads

Text ads on mobile phones

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

90%70%70%

69%64%

62%61%

59%55%55%

54%52%

41%37%

33%24%

Sources Consumers Trust

Source: Nielsen

6

An Army of Advocates

Source: Multiple

1 in 4 people in US (60M) are

Brand Advocates

7

Social Media Amplifies Advocates

Sources: Forrester, Comscore; Note: Estimated # of Trusted WOM Impressions over 12-month period

60M Trusted WOM

Impressions

100,000 Energized Advocates

8

5X More Valuable than Ave Customers

Ave Customer

Advocacy Value 3X

Brand Advocates

Spend Value 2XSpend

ValueSources: Deloitte; Owen, Brooks

$565,000Value of one Advocate for

enterprise software company

9

Turn Advocates into Marketing Force

Zuberance Advocate Platform

10

Identify Brand Advocates…

How likely are you to recommend our brand or products to your friends?

50%

Ultimate Question for Customer Loyalty

11

…Energize Brand Advocates…Advocate Ratings & Reviews Advocate Stories

Advocate Answers Advocate Offers

12

…Track Results

Clicks Leads Impressions Sales

13

Brand Advocate Segments

Identified Advocates

Sharers

Creators

Power Advocates

Inactives

9’s & 10’s or 8’s, 9’s, & 10’s on Advocate ID survey

Have not created, shared, or published content and/or offers in last 90 days

Have shared Advocate-created content or brand-created content and offers at least once in last 90 days

Have created reviews, stories, answers, blog posts, etc. at least once in last 90 days

Have created & published content plus share brand-created content and offers at least once in last 90 days

14

750,000 Chili’s Advocates 100,000+ Advocate Reviews Driving traffic, sales

Chili’s Unleashes Champions

15

Intuit Mobilizes Advocates

30% Advocates energized Ratings inc. to 4 stars Projected “ROA:” 15X

16

Double star ratings Amazon sales $26M+ Wins Forrester Award

Norton Boosts Sales $26 Million

17

44% Advocates opt-in 51% answer Q’s 13% conversion rate

HomeAway Finds Answers

18

10X Higher Conversion Rate

Source: FireClick Index, Zuberance Customer Data

Traditional Marketing

WOM/Advocate Marketing

25%

2.5%

19

Thank You!

Rob Fuggetta, Founder & CEOZuberance

[email protected]