We are all familiar with the impact of word of mouth marketing. People are social creatures and they talk about brands all of the time. There is no greater influence than a recommendation from a friend. According to some studies, in one capacity or another, the average person may mention various brand names up to 50 times a day. Just think about it – how many times do you hear the brand “Starbucks” mentioned in your office each day?
Just yesterday, Facebook announced that in a twist on word of mouth marketing, they will sell ads that display people’s profile photos next to commercial messages that are shown to their friends about items they purchased or registered an opinion about. For example, if you rent a movie on Blockbuster.com, you can choose to broadcast your movie selection to all of your Facebook friends. The kicker – your friends can’t opt out of receiving that message from you. They are calling this “social advertising”.
According to Facebook, many of their 50 million active users already tell friends about products or brands that are special to them. The difference now is those communications will now include ad messages from brands.
From a marketer’s perspective, I’m incredibly excited. Marketers have been struggling with how to capitalize on social media for quite some time now. This would catapult social media into the marketing mix, blurring the line between traditional media and “new” media.
I appreciate how Facebook will allow consumers to be advocates for brands they love. Facebook believes this type of marketing would make the site feel less commercial because the marketing messages would be accompanied by comments from friends.
From a user’s perspective, I believe this will either be a huge success or will fail miserably. It will be successful if they do it right. Some suggestions for success are: allow the user the chance to opt out of receiving the message, provide promotional content with your marketing message and make the message beneficial to the consumer by providing them with added value.
Social advertising will fail miserably if the user feels she/he is blatantly being marketed to. They will begin to delete their friends who have signed up for the program and will eventually leave Facebook completely for the next hot social networking site (and I’m sure one will be along shortly).
This is a critical time for social media. Let’s see how Facebook paves the way.
I would love to hear your thoughts about this.