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Discussion Topic: The Fifth "P" of Marketing

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(@jennifer-sackitey)
Posts: 22
Eminent Member
 

Social media has in way lifted the veil between consumers and companies. Individuals are now free to tag a company and address their grievances or compliments directly to them and many times the company responds. Additionally, a person can post a video or a post about a product and the company will reach out to them and ask for a sponsorship deal. The most interesting and fun ways of companies participating with their consumer base is by commenting directly to them. Wendy's and Duolingo's mascots are known for their witty quip and responses to comments and videos and it is effective, at least on me. I downloaded Duolingo and have frequented Wendy's more based on their personified presence online. 

 
Posted : 23/04/2023 3:55 am
(@mme54)
Posts: 48
Trusted Member
 

I've witnessed and been a part of some clever uses of Participation in marketing. One example that stands out is leveraging user-generated content and social media. Brands encourage their customers to create and share content related to their products or services. This not only builds a sense of community and engagement but also provides authentic endorsements from satisfied customers. It's a win-win situation where customers feel involved, and brands benefit from genuine user-generated content.

Another effective strategy is interactive content marketing. This can include quizzes, polls, interactive videos, or gamified experiences that encourage users to actively engage with the brand. This not only keeps the audience interested but also provides valuable data and insights about customer preferences and behaviors.

Additionally, live streaming and real-time interactions have become increasingly popular. Brands conduct live Q&A sessions, product launches, and behind-the-scenes looks, allowing customers to actively participate and have their questions answered in real-time.

Overall, the shift towards Participation in marketing recognizes that it's no longer about bombarding people with messages but rather involving them in a meaningful way, creating a two-way conversation that fosters a stronger connection between the brand and its audience.

 
Posted : 17/10/2023 8:04 pm
(@mme54)
Posts: 48
Trusted Member
 

I've had the opportunity to study and observe various clever uses of Participation in marketing. One standout example is Coca-Cola's "Share a Coke" campaign, which encouraged customers to share a Coke with a friend and share their experiences on social media. This user-generated content approach created a significant buzz, with millions of photos and videos shared.

Another fascinating case is Doritos' "Crash the Super Bowl" contest, where customers were invited to create their own Doritos commercials. The winning commercial was aired during the Super Bowl, generating excitement and creativity around the brand.

Spotify's "Year in Review" campaign is a great way to engage customers by offering personalized overviews of their listening habits for the year, showing that the company values their participation. Lego's "Ideas" platform allows customers to submit their own Lego set ideas, some of which are turned into actual sets, thus involving customers in product development.

In today's digital age, participation is crucial in marketing. It fosters a sense of community and connection, making customers feel like they are part of something larger. To further leverage participation, companies can consider hosting product development contests, creating user-generated content galleries, running customer referral programs, forming customer advisory boards, and hosting community events. These strategies not only boost engagement but also foster brand loyalty, word-of-mouth marketing, and increased sales.

 
Posted : 17/10/2023 10:14 pm
(@jh597)
Posts: 78
Trusted Member
 

Participation has become a huge factor in marketing due to the popularity of social media. Social media has provided companies with the opportunity to turn their marketing into a two-way conversation, whereas other marketing avenues, such as television commercials, are one-way conversations. Across different social media platforms, some companies utilize polls as a means to interact with the audience. It also allows for companies to understand what the audience is looking for regarding different products and could also help in forecasting the market. Participation also helps in the retention of information so if companies are able to successfully interact with the audience, they are more likely to remember the company and the product being marketed. Through social media, it can allow for the development of a loyal audience, if customers feel that the company values their concerns. These responses can help a company adjust its marketing strategy depending on the responses to its current strategy, as well as gain input on what customers like about the product and what changes the company could make going forward.

 
Posted : 21/10/2023 1:20 am
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