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Word-of-Mouth Metrics Glossary

 

Action : What participants do to create, pass along, or respond to a WOMUnit; actions can be measured on their velocity, distribution/spread, and source diversity.

Amplified : A structured and planned word-of-mouth campaign that a company facilitates.

Buzz : Multiple simultaneous or continuous conversations about a related topic or subject.

Clarity : A measure that determines if a message is understood by the receiver in the way it was intended by the sender.

Consumption : The receiver absorbs the information, but takes no action.

Conversion : The receiver completes desired action.

Credibility Effect : Attempts to identify whether the information provided by the participant’s conversational partner made information heard from another source (such as the media) more or less believable.

Depth : The amount of visual, written, or verbal information included in a WOMUnit that is presumed to increase message persuasiveness.

Episode : A single individual unit of conversation or buzz.

Influencers : The 10% of your market or industry who influence the majority of the purchases within your company. They could be customers, shareholders, other companies, market makers, analysts, researchers, or media.

Inquiries : Identifies the likelihood that a person will seek additional information after a WOM episode, such as visiting a Web site.

Organic : A natural (or organic) conversation among customers about your product or service.

Participants : Creators, senders, and receivers; participants can be measured on their propensity, demographics, credibility, and reach.

Pass-along likelihood and behavior : Ascertains the extent to which the participant will tell other people about the product or service.

Polarity : A measure of the positive vs. negative content of the WOMUnit.

Purchase Likelihood and Behavior : Assesses the likelihood of the participant to purchase or use the product or service.

Recreation : The receiver creates a new WOMUnit.

Relationship Consequences : Questions whether the WOM episode had an effect on the participants’ relationships when they engaged with their friends and family.

Relay : The receiver redistributes the WOMUnit.

Return on Reference : Shows the impact of satisfied customers on recruiting new customers.

Sentiment : On a one to five scale, sentiment reflects the degree to which consumers are feeling negatively (1) or positively (5) toward the brand and attributes associated with the brand.

Thinking Change : Assesses whether the episode resulted in a change of thinking or ideas about the product or service and the action(s) they plan to take.

Timeliness : A measure of whether the WOMUnit arrived in time to be relevant to a specific campaign.

Topicality : The degree to which the marketing message is contained in the WOMUnit.

Venue : The medium or physical location where the communication takes place; venues can be measured on their total potential population vs. the actual audience the episode received.

WOMUnit : A single unit of (media-agnostic) marketing-relevant information.

Word of Mouth : To enlist target consumers to become senders of marketing-relevant information to other consumers, who will ultimately (hopefully) go on to buy products and services.

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