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January - LVI Visions

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cable TV ad, if you could afford it,<br />

and you were good to go. You knew<br />

that a certain percentage of your patients<br />

would tell a certain number of<br />

their friends and family members<br />

about your practice, and that would<br />

bring a certain stream of new patients<br />

through your door each year. Now,<br />

people are texting, blogging,<br />

Googling, posting, Twittering, Stumbling,<br />

emailing, and IMing … a far<br />

cry from when word-of-mouth took<br />

place around the water cooler!<br />

Good or bad, like it or not, wordof-mouth<br />

happens. And, with communications<br />

being what they are<br />

nowadays, it’s easier than ever to<br />

spread. So, as a dental practitioner,<br />

you have a couple of choices: Ignore<br />

word-of-mouth, or embrace it. But<br />

just remember, whichever choice you<br />

make, it’s going to happen – with or<br />

without you.<br />

A November 2007 article in<br />

AdAge.com reported on word-ofmouth’s<br />

“meteoric rise,” as defined by<br />

PQ Media – who conducted what is<br />

believed to be the first in-depth study<br />

of word-of-mouth marketing. The billion<br />

dollar a year industry is expected<br />

to grow to $3.7 billion by 2011.<br />

An excerpt from the article states:<br />

“Equally important to the success<br />

of word-of-mouth marketing may be<br />

the research suggesting it is more effective<br />

than other forms of advertising.<br />

For instance, a recent Nielsen<br />

Global Survey of over 26,000 people<br />

found that nearly 78% of respondents<br />

trusted “recommendations<br />

from consumers,” a total 15 percentage<br />

points higher than the secondmost<br />

credible source, newspapers.” –<br />

AdAge.com, 11.15.2007<br />

Traditional media, in terms of advertising<br />

and marketing, will always<br />

have their place. But given the fragmentation<br />

of media over the last several<br />

years, its no wonder even the<br />

biggest advertisers are turning to<br />

word-of-mouth as a path to success.<br />

They call it creating buzz. Doing<br />

extraordinary things that give reason<br />

for people, news organizations, and<br />

bloggers to talk about their products<br />

and create excitement.<br />

In his best-selling book, Buzzmarketing,<br />

author Mark Hughes regales the<br />

reader with his story of how he convinced<br />

a small Oregon town to change<br />

its name from Halfway to half.com (for<br />

one year) in order to draw attention to a<br />

startup website of the same name. The<br />

stunt resulted in the kind of buzz you<br />

could never buy, with appearances on<br />

Good Morning America, the front page<br />

of USAToday.com, as well as radio and<br />

TV exposure throughout the United<br />

States and the world.<br />

<strong>LVI</strong> VISIONS • JANUARY • FEBRUARY • MARCH • APRIL 2008 73

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