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“What is Word of Mouth Advertising and How can it be Stimulated?” By: Manpreet Brar & Nicole Chacalias Agenda Word of mouth communication Positive word of mouth Factors encouraging word of mouth Negative word of mouth Word of mouth strategies Questions Word of Mouth Communication The passing of information by verbal means on an informal person to person basis. The transmission of product information by individuals to individuals. Positive Word of Mouth Encourages the consumer to adopt a certain product. Provides a means for people to cut through the clutter of the thousands of messages received a day. Factors Encouraging Word of Mouth Avidly being engaged with a product. Product knowledge. Concern for others. Negative Word of Mouth Detrimental to products. Reduce the credibility of a company. Rumor's can be harmful to a busines. Word of Mouth Strategies Virtual Communities Guerrilla Marketing – Example YouTube - Broadcast Yourself. http://www.youtube.com/watch?v=im2WLSJ0 LFw Viral Marketing Questions