People love to talk and share things. They tend to share reviews, opinions, experiences, and everything they like or dislike.
Word of Mouth Marketing Strategy is one of the best marketing strategies.
Word of Mouth Marketing Strategy: How to Promote Your Business in 2023
When people share information they market the brand, business, or product. This marketing strategy is free and increases sales.
Word of Mouth Marketing – Explanation
Word of Mouth Marketing (WOM) is a marketing practice that makes people share information about a product or brand.
Word of Mouth Marketing Strategy is one of the most effective marketing strategies for brands or businesses.
People trust a review from a friend. They don’t trust brand ads.
Word of Mouth Marketing Strategy can improve conversions and sales.
Here are some stats about word-of-mouth marketing.
A Word-of-mouth marketing strategy is 115% more effective than traditional marketing for millennials.
61% of the IT buyers agreed that colleagues’ recommendations are the most important factor.
Consumers (92%) trust Word of Mouth and User Generated content more than advertising.
In planning a wedding, Word of Mouth has 331% higher reliability than advertising.
Word of mouth is more like a trend and the impact is everlasting.
The Word of mouth marketing strategy can help to promote your business and increase sales for free.
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