Archive for January, 2008

Brett Hurt Intuit Launched the Largest Online Promotion of Customer Reviews in History

January 27th, 2008 by Brett Hurt Founder and CEO

Intuit's TurboTaxThis weekend, Intuit launched the largest online campaign to promote customer reviews in history (at least that I know of).  Over 500 million impressions were served on the home page of AOL, MSN, and Yahoo! to promote TurboTax.  In just the past five days of being live, Intuit has collected over 4,000 customer reviews across their TurboTax product line.

This marks a seachange in the financial software space.  Intuit is known as one of the best companies in the world to work for, and now they are known as one of the most "open" brands for embracing customer centricity through user-generated content.  Although the reviews are generally very positive, what makes them authentic to customers is that even a 5-star review will point out features that Intuit can improve in their next release of TurboTax.

I applaud Seth Greenberg, the leader of this initiative and a former Shop.org Board peer and CEO of eHobbies, and his team of remarkable people.

I encourage you to check it out for yourself by visiting TurboTax's home page to see the reviews.  And here are three of the campaign creatives that appeared this weekend.

AOL "Review Bubbles" (note the instant-messenger look):

 

Review quote:

 Yahoo!'s home page:

 

Note: these are online-only promotions.  If you have been missing the news on Bazaarblog, check out these great examples of multichannel promotions in 2008 from Best Buy (Bazaarblog link) and Wal-Mart (Bazaarblog link).

Brant Barton Apocalypse Near: My 57-Year-Old Parents Bought a Nintendo Wii

January 27th, 2008 by Brant Barton Co-Founder and Chief Innovation Officer

That's right, my retired 57-year-old parents bought a Nintendo Wii over the weekend.  Contrary to the title of this post, which some may regard as ageist, I am absolutely thrilled by this exciting new development.  This is major news in our family, the equivalent of Mom or Dad getting a tattoo or buying a Harley (neither of which has happened).  In fact, I bragged to three of my best friends by texting them Saturday night and to absolutely no surprise, they were incredibly impressed.  I suspect that they also gained a small measure of respect for me, because I am related to this hip 57-year-old couple. 

I'm sharing this news with Bazaarblog readers because this is a word of mouth success story that I've been able to observe from a detached, empirical, third-party point of view.  I didn't urge my parents to buy a Wii.  I'm an XBOX 360 man myself, but more importantly, my parents have never been into video games.  They've been consumers, of course, buying Atari 2600, NES, Super NES, and Sega Genesis consoles and games for my younger sister and myself during our childhoods, but with the exception of a Christmas-morning game of Duck Hunt, I don't have any memory whatsoever of my parents playing a video game or expressing a desire to play a video game. 

But all that changed when their neighbors bought a Nintendo Wii.  In short order, one of my Dad's go-to golf buddies was on the injured reserve list due to a wicked case of Wii elbow.  Then came the cocktail-fueled Wii parties, which allowed my parents to observe similarly mature adults, without the aid of their children, enjoying games of virtual tennis, golf, and bowling with absolutely no shame.  Fast forward a few weeks and they are now the proud owners a brand new Wii, purchased at Sam's Club.  Advertising alone could have NEVER achieved this end result (Plot Spoiler: This is the actual point I'm trying to make in this cleverly titled blog post).      

I'll spare you the many details, like how my sister solemnly broke the news to me by phone on Saturday afternoon and how we've scheduled our first family Wii party for next Saturday night and how my friends are already offering to loan my parents Wii games, but I couldn't resist sharing this amazing personal story of the power of word of mouth and how it changed my family forever. 

Wayne Stribling Best Buy Using Reviews in Advertising

January 23rd, 2008 by Wayne Stribling Former VP of Client Services

Research has proven that customer reviews drive sales conversion, reduce product returns, fuel online search, and significantly influence the purchasing decisions of online shoppers. And we know that consumers want to hear from people like them.

So why not take it a step further and utilize customer generated content in the form of product reviews in advertising?

Advertising has become so ubiquitous that it is mostly ignored and consumers don’t trust the messages that companies send them. But the customer’s voice is as powerful offline as it is online, so why not take advantage of it?

 Best Buy Sunday Circular

Best Buy recently featured their customers’ voices – actual snippets from online product reviews along with product ratings – in their nationwide Sunday newspaper circular. They utilized a clear call to action to drive consumers directly to their “Top Rated Cameras” page, giving shoppers quick and easy access to top rated cameras. This not only provides a great way for Best Buy to advertise their top cameras, but it allows them to easily measure the success of this advertisement by measuring traffic to this page and sales conversion of these products.

This is another example of a Bazaarvoice best practice developed by our team of Community Managers – use your customers’ words to fuel your entire marketing mix. We strongly encourage our clients to use their customer reviews (along with other valuable user generated content such as from our Ask & Answer, BrandVoice and Stories products) in all forms of advertising: email marketing, online ads, store signage, print ads, Facebook groups, etc.

There is no more effective way to get customers to listen than to let them hear from other customers just like them. This is the future of advertising or should I say “effective" advertising!
 

Sam Decker Storytelling by Customers on Your Site (NEW! Bazaarvoice Stories)

January 20th, 2008 by Sam Decker Chief Marketing Officer

by Jonathan Wolf, Product Manager, Bazaarvoice

When I joined Bazaarvoice to manage our Ratings & Reviews product, what attracted me most was the fascinating psychology behind site visitors who choose to leave reviews on products they’ve purchased.  In the time I’ve been at the company, we’ve grown to help over 160 clients, and I’ve had the opportunity to speak with many of them about what makes their businesses and their customers unique.  While every client has their own flavor, one amazing commonality was the genuine desire of their customers to help each other find their perfect product.

Some reviewers have gone to great lengths to attach dozens of photos and videos to their product reviews to help their fellow shoppers (admire the dedication of Jewelry Television’s #1 reviewer).  In some reviews, like the first review of this product on QVC.com, you can almost hear the desire to impart words of wisdom from her purchase.  This past summer, we launched Ask & Answer™ to let customers ask their product questions to the world and to let those same reviewers continue to share their knowledge by providing answers.

After analyzing thousands of reviews and talking with dozens of clients, it became clear that these customers were dying to share even more of their experience and expertise with the community.  Product reviews and Ask & Answer gave them a great opportunity to share their opinions on the products they’d purchased, but what about the story behind the purchase?  Why did she get that small business loan?  What happened after he bought that engagement ring?  We knew that they wanted to share more…and that other customers wanted to hear what they had to say.

Accordingly, I’m excited to announce the launch of Bazaarvoice Stories.  This product is designed to let customers share the story that made their experience unique:  getting engaged to her fiancé, taking that trip to Peru, opening his restaurant.  Our clients have proven that Ratings & Reviews are invaluable in helping customers find the right product on your site (read their case studies).  Stories puts the spotlight on the people behind the reviews and lets them share what happened before and after their product arrived.  If you have a website where there’s a story with every conversion, Bazaarvoice Stories may be for you

Of course, Stories offers all of the key elements that we’ve focused on since our inception:  multiple levels of human moderation by trained Bazaarvoice moderators; flexible implementation options (you can host it or we can host it); rapid product innovation (a new product release every 6 weeks); and superior, robust analytics.

See it here on David's Bridal. We will have several clients launching Bazaarvoice Stories in the next month, so stay tuned!

Brant Barton Partner Interview: Matthew Seeley, President, Experian CheetahMail

January 14th, 2008 by Brant Barton Co-Founder and Chief Innovation Officer

Many thanks to Matthew Seeley and the Experian CheetahMail team for participating in this installment of the Bazaarvoice Partner Interview blog series.  As Matthew details below, Bazaarvoice and CheetahMail have collaborated with a number of shared clients, like Bath & Body Works, to leverage customer word of mouth in email marketing programs.  Matthew's perspective on our industry is especially insightful given the unique assets CheetahMail can bring to bear for their clients via their relationship with marketing innovator, Experian.  Enjoy this partner interview and don't hesitate to comment or contact me at brant@bazaarvoice.com with your suggestions for partner interview subjects and questions.

1. Email remains one of the highest ROI online marketing activities – it generates almost $60 of revenue per $1 spent (Direct Marketing Association).  With better analytics, content, and targeting, can email marketers expect even higher rates of return?  

Absolutely. The more that marketers use this channel responsibly the more effective it will become. No other channel provides this type of quantitative and qualitative data — leading marketers understand the inherent value of email marketing and recognize that its metrics provide the keys to delivering relevant communications. In addition to being a great channel by itself, email marketing combined with web analytics and advanced tools like Bazaarvoice enables marketers to identify customer purchase triggers and channel preferences.  Specifically, we’ve seen many clients attribute in-store traffic and revenue to an email campaign.  The direct effect that email has on the other channels is far greater than anyone ever anticipated.

Another valid point here, aside from the relevance factor, is that because email is so cost efficient, marketers aren’t as motivated to invest the same amount of analytical strategy into it as they do with catalogs or direct mail as they tend to carry higher costs for the marketers.  However, I do see more and more leading marketers becoming increasingly responsible with email and utilizing the tools available to develop highly relevant and response-driven marketing programs. These are the marketers who ultimately deepen customer loyalty and build positive brand equity.

2. As a best practice, Bazaarvoice recommends that our clients use email to capture customer word-of-mouth, often in the form of post-purchase review solicitation emails.  This essentially kickstarts a two-way conversation between our clients and their customers.  How do you see the brand-customer dialogue evolving over email and other messaging systems (SMS, etc.)?

We see post purchase reviews as yet another great way to engage your customer.  This type of campaign strategy not only benefits the organization but allows the marketer to show they value them by providing  an opportunity to evaluate the product or service.

This type of dialogue is evolving quickly, and we’ve seen very positive results with many of our large retailers that send post-review confirmation emails to all customers who have submitted a review.  We also have a number of clients planning to deploy post-purchase emails to recent buyers to solicit a product review. We promote this concept to many of the mutual clients we share with Bazaarvoice because it seems clear that there is a much higher long-term value to customers who are very engaged with their brands.  This, in turn, should result in better response to future emails and marketing campaigns.

3. Relevance is a constant focus for advertisers trying to reach consumers in an ad-saturated environment.  As part of Experian and through investments in tools like SiteClarity, what unique advantages does CheetahMail offer to drive increased relevance for your customers?  

Relevance is definitely the key, and one of the many advantages of being a part of Experian is the availability of rich data mining tools like Mosaic and TrueTouch for advanced consumer segmentation. Having access to the world’s largest data center and highly innovative data management tools coupled with the deep reporting capabilities of CheetahMail, ensures that our clients have the opportunity to send emails as individualized as their customers.

Additionally, web tools like SiteClarity give CheetahMail clients an advantage by allowing them to deploy web-based triggers (such as shopping cart abandonment messages) regardless of whether or not they’ve undergone a complete integration with a 3rd party web analytics provider.  The tags are very small and easy to set up so clients can choose to use them alone or with their existing analytics provider like Coremetrics or Omniture.

4. Our clients have seen remarkably higher email clickthroughs and conversions by marketing top-rated products and including compelling customer reviews in their email programs.  Any personal theories on why this works?

This works for the same reasons that running such reviews on-site should increase responsiveness – the credibility of the offer is enhanced by seeing actual ratings by other users.  The authenticity of reviews by consumers vs. marketing spin is incredibly powerful because these reviews put the power directly into the consumers’ hands. User reviews are one aspect of the overall social networking phenomenon we see everywhere now, and its power and uses are still being discovered.

5. As trust continues to rise in “someone like me”, consumers expect even more personalized and authentic content and offers.  UGC may play a leading role in this next wave of personalization.  What is CheetahMail’s strategy to support this trend?  

Our creative services team is examining different ways to include user ratings and reviews in email creative to test response levels. Several of our clients have taken the lead on this initiative and have already begun incorporating this level of authentic content. We are reviewing these programs very closely to identify commonalities in what works (and what doesn’t) in an effort to create strategy guides for our clients in this area. For example, does simply putting the number of stars a product or service receives fare better than including actual snippets of customer quotes? Is there a point at which too many reviewed items in one email dilutes overall effectiveness? We are still framing these questions and need more response data before we can accurately provide answers. 2008 will be a big year for these types of programs — testing standard “Marketing-speak” against versions of the same offers featuring more customer voices.

6. Can you share an example or two of well executed email campaigns that feature customer word of mouth or other “viral” content or offers?

A great example of this would be our client Bath & Body Works. For example, in mid-November we deployed one of their emails that featured “the sweetest, softest nap blanket on earth” – an actual description pulled from a Bazaarvoice review (see the first review listed). The email included the handle of the customer (“GRITS”, from Charleston, SC!) and an additional quote that highlighted some very compelling features of the product, followed by 5 red stars. In an analysis of one Bath & Body Works email campaign featuring ratings and review content, average order value increased more than 10%, session length jumped by 13%, and sales per visitor also saw an 11% increase. Since then, Bath & Body Works has continued to innovate with a variety of approaches featuring user-generated content.