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Word of Mouth Marketing Strategy

by Suraj Krishnan, L. C. Nene
International Journal of Computer Applications
Foundation of Computer Science (FCS), NY, USA
Volume 182 - Number 2
Year of Publication: 2018
Authors: Suraj Krishnan, L. C. Nene
10.5120/ijca2018917447

Suraj Krishnan, L. C. Nene . Word of Mouth Marketing Strategy. International Journal of Computer Applications. 182, 2 ( Jul 2018), 1-6. DOI=10.5120/ijca2018917447

@article{ 10.5120/ijca2018917447,
author = { Suraj Krishnan, L. C. Nene },
title = { Word of Mouth Marketing Strategy },
journal = { International Journal of Computer Applications },
issue_date = { Jul 2018 },
volume = { 182 },
number = { 2 },
month = { Jul },
year = { 2018 },
issn = { 0975-8887 },
pages = { 1-6 },
numpages = {9},
url = { https://ijcaonline.org/archives/volume182/number2/29731-2018917447/ },
doi = { 10.5120/ijca2018917447 },
publisher = {Foundation of Computer Science (FCS), NY, USA},
address = {New York, USA}
}
%0 Journal Article
%1 2024-02-07T01:10:09.369938+05:30
%A Suraj Krishnan
%A L. C. Nene
%T Word of Mouth Marketing Strategy
%J International Journal of Computer Applications
%@ 0975-8887
%V 182
%N 2
%P 1-6
%D 2018
%I Foundation of Computer Science (FCS), NY, USA
Abstract

Word of Mouth Marketing strategy can be defined as “oral, person to person communication between a receiver and a communicator whom the receiver perceives as non-commercial concerning a brand, a product, or a service.” When we consider market analysis and product engineering, this kind of communication tends to be the external factor that is not under control of the company. Although it’s not under any influence directly, market management and strategy are *common practices that a company adheres to. While this kind of communication takes place when there are no absolute facts. There are lot of opinions and then emotions, sentiments which influence this decision making. Although this market is not controlled directly under any entity it has an enormous impact when it comes to the way in which the market functions. [3] This paper is critical observation on how an organization or an entity can use this kind of social media presence to influence their process of new product development. This impact can be negative based on the feedback of the people.[13] New product development is a part of marketing that this paper is targeting but it can be applied to any other parts of marketing. For proving this consider an example of a phone manufacturer. The company has a vision to create a phone which will capture the imagination of the market. For which they have information from the market to analyse the data. In the end the conclusion is what people think about existing market products and what do they need in their new ideal product.

References
  1. Word of Mouth and its impact on marketing, Fatima Naz https://www.google.co.in/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0ahUKEwjc_v2y-pDXAhVFpo8KHeT4DA0QFgglMAA&url=http%3A%2F%2Fwww.ijsrp.org%2Fresearch-paper-0114%2Fijsrp-p25121.pdf&usg=AOvVaw1fkYJm9hkr69nnLUuy9eE-
  2. Digital Word of Mouth Marketing: Perspectives and Challenges, Mrinmoy Kumar Sarma1, Professor, Sandeep Kumar Singh2, Senior Research Fellow, Business Administration, TEZPUR UNIVERSITY.
  3. An empirical study of online Word of Mouth as predictor for multi-product category and e-Commerce sales https://dl.acm.org/citation.cfm?id=1451510
  4. Barclay, I., Dann, Z., Holroyd, P. (2001). New Product Development. London: Routledge.
  5. R studio https://www.rstudio.com/
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  8. Twitter access token and API key https://developer.twitter.com/en/docs/basics/authentication/guides/access-tokens.html
  9. A framework for successful new product development http://www.jiem.org/index.php/jiem/article/viewFile/334/240
  10. Developing a new product development & lunch process Case: Company X https://www.theseus.fi/bitstream/handle/10024/72281/Thesis%20FP%20Theseus%20-Jonis.Mahmutllari-1004417.pdf?sequence=1
  11. Impact of Word of Mouth on Consumer Buying Decision https://www.researchgate.net/profile/Nawaz_Ahmad3/publication/267631614_Impact_of_Word_of_Mouth_on_Consumer_Buying_Decision/links/5454fa1a0cf2bccc490cc6f9/Impact-of-Word-of-Mouth-on-Consumer-Buying-Decision.pdf
  12. Word of Mouth Behavior and Online Activity: A Study of On/Off Line Communication Strategy and Online Business https://www.insper.edu.br/en/wp-content/uploads/2013/12/2011_wpe263.pdf
  13. Richins, Marsha L. “Negative Word-of-Mouth by Dissatisfied Consumers: A Pilot Study.” Journal of Marketing, vol. 47, no. 1, 1983, pp. 68–78. JSTOR, JSTOR, www.jstor.org/stable/3203428.
  14. Jacqueline Johnson Brown, Peter H. Reingen; Social Ties and Word-of-Mouth Referral Behavior, Journal of Consumer Research, Volume 14, Issue 3, 1 December 1987, Pages 350–362, https://doi.org/10.1086/209118
Index Terms

Computer Science
Information Sciences

Keywords

WoM Consumer Digital marketing Entity Organization Social Media.