Zuberance: Brand Advocacy Stats
Transcript of Zuberance: Brand Advocacy Stats
Twitter: @ZuberanceEvent hashtag: #ZubeBAS
On average, about 40% of customers are Brand Advocates.(They recommend brands and products to others without being paid to do so.)
-Zuberance
There are 50 million Brand Advocates in the US and over 1 billion Brand Advocates worldwide.
-Zuberance
On average, North American consumers recommend 5 brands.
-GFK Roper, Global Word of Mouth, 2006; Zuberance
The average American consumer discusses brands 56 times per week. 62% of these conversations are positive.
-Keller Fay Group, 2006
There are 500 billion Word of Mouth impressions each year in the US on the social web.
-Forrester Research Inc, Peer Influence Analysis, 2010
Twitter: @ZuberanceEvent hashtag: #ZubeBAS
94% of consumers trust Word of Mouth; 14% trust ads.
-Forrester Research Inc, Intelliseek, 2006
The ROI of Word of Mouth marketing is 10:1. For each dollar marketers invest in WOM marketing, they get $10 back in qualified leads and sales.
-Zuberance, The ROI of Energizing Brand Advocates, 2010
Each time a Brand Advocate recommends a brand, he/she reaches 150 people on the social web.
-Forrester Research Inc, Peer Influence Analysis, 2010
Brand Advocates are 5X more valuable than average customers because they spend more and recommend more than average customers.
-Zuberance, What’s a Brand Advocate Worth, 2010
Word of Mouth is the #1 driver of buying decisions in nearly every product category including cars, computers, software, hotels, restaurants, and movies.
-McKinsey, The consumer decision journey, 2009