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In the last few editions, you have heard from CRMAdvocate readers who believe the results of the study that word-of-mouth opinion sharing (WOM) is declining. And they believe the reason is the economy (also read more PBJ, less WOM).
However, other readers are suspect. Another CRMAdvocate reader added, "I have a hard time believing the WOM is on the decline, and if it is, I don't buy the argument that the economy is to blame. I'd like to know how the question was worded. Did it include social media as a WOM outlet? In one week I see more product and brand opinions from my Facebook friends than I would get in a year by traditional WOM. Consider also the new WOM. Just look at product feedback on Amazon.com and know that people are ready, willing and able (more able than ever before) to share opinions and experiences. This may not qualify as true WOM but it is a sign that the feedback mechanisms have shifted. If people aren't directly sharing through traditional WOM, they are doing it in other ways - and to a wider audience."
According to the report summary (see Fast and Furious) WOM Champions are defined as "consumers who describe themselves as often having conversations within their social networks of family and friends about their experiences with brands." The inference to social networks suggests the lightning fast and furious use of Facebook, Twitter, and the like. However, might some people consider a social network something more old-fashioned? Or both?
What's your take?
. . . . . Gary Lemke, Chief Customer Advocate

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