I just read an interesting article by John I. Todor, Ph.D., on the blog The Perfect Customer Experience.
The entry places some tangible, scientific figures behind what we all intuitively know to be true: whether you provide good or bad customer service, your customers are going to talk about it. Here are a few interesting nuggets:
70% of word of mouth occurs “face-to-face” and only 8% occurs online.
Overwhelmingly, consumers have positive things to say about brands by a margin of more than 6 to 1. This contradicts the common notion people spread negative experiences more than positive.
78% of consumers rank word of mouth as credible at a level of 7 or higher on a 10 point scale.
Why is word-of-mouth marketing powerful?
We trust word of mouth because the person telling us puts the experience in a context that is meaningful to us. Since the peer-to-peer relationship is based on trust, the message is credible. So remember, the next time you’re stuck waiting on hold, or transferred around, or told to call back because the system is down: The Power of Word-of-Mouth.
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