Participatory Marketing - What it is, How it Works

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PARTICIPATORY MARKETING WHAT IT IS, WHY IT WORKS clickadvisor insight for innovation [email protected]

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Transcript of Participatory Marketing - What it is, How it Works

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PARTICIPATORY MARKETINGWHAT IT IS, WHY IT WORKS

clickadvisorinsight for [email protected]

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WEB 2.0 - THE READ/WRITE WEB - IS MAKING A NEW KIND OF MARKETING POSSIBLE

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MARKETING BASED NOT ON PASSIVE CONSUMPTION, BUT ACTIVE AUDIENCE PARTICIPATION - ‘PARTICIPATORY MARKETING’

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PARTICIPATORY MARKETING IS ALL ABOUT MARKETING WITH PEOPLE RATHER THAN AT PEOPLE

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PARTICIPATORY MARKETING: PEOPLE ACTIVELY PARTICIPATING IN THE PROMOTION OF A BRAND (USER-GENERATED CONTENT)

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PARTICIPATORY MARKETING: PEOPLE ACTIVELY PARTICIPATING IN THE PROMOTION OF A BRAND (WORD OF MOUTH NETWORKS)

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PARTICIPATORY MARKETING: PEOPLE ACTIVELY PARTICIPATING IN THE MARKETING OF A BRAND (ONLINE ADVISORY BOARDS)

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PARTICIPATORY MARKETING: PEOPLE ACTIVELY PARTICIPATING IN THE MARKETING OF A BRAND (ONLINE ADVISORY BOARDS)

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PARTICIPATORY MARKETING: PEOPLE ACTIVELY PARTICIPATING IN CO-CREATING BRAND FUTURES (IDEA AND DESIGN CONTESTS)

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PARTICIPATORY MARKETING: PEOPLE ACTIVELY PARTICIPATING IN CO-CREATING BRAND FUTURES (TECH CHALLENGES)

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PARTICIPATORY MARKETING: PEOPLE ACTIVELY PARTICIPATING IN CO-CREATING BRAND FUTURES (ONLINE BRAINSTORMING)

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PARTICIPATORY MARKETING: PEOPLE ACTIVELY PARTICIPATING IN CO-CREATING BRAND FUTURES (ONLINE BRAINSTORMING)

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PARTICIPATORY MARKETING: TO CHARGE UP CUSTOMERS, PUT CUSTOMERS IN CHARGE

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BUT DOES PARTICIPATORY MARKETING WORK?

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P&G THINK SO - PARTICIPATORY MARKETING IS 5 TIMES AS EFFECTIVE AS TRADITIONAL MARKETING

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Inside Scoop+ +

P&G HAVE DEVELOPED A SPECIAL PARTICIPATORY MARKETING FORMULA

Sneak PeekVIP Vote

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PARTICIPATORY MARKETING FORMULA CAN BOOST SALES BY 10%+

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RESEARCH SHOWS THAT PARTICIPATORY MARKETING STIMULATES A KEY GROWTH DRIVER: RECOMMENDATIONS

Propensity to Recommend (NPS)

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PARTICIPATORY MARKETING COULD BE WEB 2.0’S GOLDEN EGG

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BUT WHY DOES PARTICIPATORY MARKETING WORK?

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FIRST, PARTICIPATORY MARKETING BRINGS BRANDS AND USERS CLOSER TOGETHER AND THAT’S GOOD FOR CUSTOMER-FOCUS

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SECOND, PARTICIPATORY MARKETING HARNESSES A POWERFUL PSYCHOLOGICAL EFFECT: THE HAWTHORNE EFFECT

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TO UNDERSTAND THE HAWTHORNE EFFECT, WE HAVE TO TURN TO LUCENT TECHNOLOGIES

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AND GO BACK IN TIME TO 1924

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TO WHEN LUCENT TECHNOLOGIES WAS CALLED WESTER ELECTRIC AND OWNED A FACTORY OUTSIDE CHICAGO CALLED HAWTHORNE

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RESEARCHERS FROM MIT AND HARVARD WERE INVESTIGATING WORKING CONDITIONS AND WORKER PRODUCTIVITY

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THE RESEARCHERS ASKED WORKERS TO PARTICIPATE IN SPECIAL TESTS, AND MEASURED THEIR PRODUCTIVITY AND CAPTURED THEIR FEEDBACK

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LIKE WORKING UNDER BRIGHTER LIGHTING CONDITIONS...

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OR SOFTER LIGHTING CONDITIONS...

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OR WORKING SHORTER HOURS...

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OR WORKING LONGER HOURS...

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WHAT WAS ODD WAS THAT WHENEVER HAWTHORNE WORKERS PARTICIPATED IN A TEST THEIR PRODUCTIVITY WENT UP - REGARDLESS OF THE TEST!

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WHAT WAS EVEN MORE ODD WAS THAT HAWTHORNE WORKERS BECAME ADVOCATES OF WHATEVER IT WAS THEIR PARTICIPATION INVOLVED

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THE CONFOUNDED RESEARCHERS EVEN TRIED GETTING WORKERS TO WORK IN THE DARK - BUT PRODUCTIVITY AND ADVOCACY STILL WENT UP!

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WAS IT SOMETHING IN THE HAWTHORNE WATER?

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NO, THE POSITIVE RESULTS HAD NOTHING TO DO WITH WHAT WAS BEING TESTED AND EVERYTHING TO DO WITH GETTING PEOPLE TO PARTICIPATE

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THE RESEARCHERS COINED THE TERM “THE HAWTHORNE EFFECT” TO DENOTE THE POSITIVE EFFECT OF PARTICIPATION

THE HAWTHORNE EFFECT

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PEOPLE JUST LIKE PARTICIPATING!

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THE HAWTHORNE EFFECT WAS FOUND TO BE A SYSTEMATIC AND UBIQUITOUS BIAS WHEN CONDUCTING MARKET RESEARCH

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WHICH MIGHT BE BAD FOR RESEARCH...

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BUT IT’S GREAT FOR MARKETING - PARTICIPATORY MARKETING

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TEST THE POWER OF PARTICIPATORY MARKETING YOURSELF: TRY IT ON YOUR BOSS TO NEGOTIATE A SALARY RISE!

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SIMPLY INVITE YOUR BOSS TO PARTICIPATE IN YOUR LIFE BY ASKING FOR ADVICE

CAN I ASK FOR SOME ADVICE?

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THEN ASK FOR A SALARY RISE! YOUR PARTICIPATORY MARKETING CAMPAIGN WILL HAVE MADE YOUR BOSS MORE LIKELY TO GIVE YOU THE RISE!

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BETTER STILL, USE PARTICIPATORY MARKETING WITH YOUR CUSTOMERS AND GET A SALARY RISE BECAUSE SALES GO UP

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PARTICIPATORY MARKETING: TOMORROW’S MARKETING TODAY

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For reprints/research enquiries: [email protected] +44 777 95 77 248

clickadvisorinsight for innovation

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clickadvisorinsight for innovation

About Clickadvisor★ Hello, we’re Clickadvisor, a new digital insight agency that uses crowdsourcing

technology to help brands do market-led innovation

★ Instead of running traditional groups and interviews, we uncover needs, opportunities and solutions using online idea and design contests

★ Innovation Idea Contests

★ Trendspotting Contests

★ Brand Naming Contests

★ Pack/Cover Design Contests

★ Our idea and design contests help brands do collaborative innovation, delivering creative insight fast and cost-effectively

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clickadvisorinsight for innovation

About the SpeakerPaul Marsden is director at clickadvisor.com, a digital insight agency specialising in innovation

An experienced market researcher, career highlights to date include:

★ Product management, sales and market research at Astra Zeneca★ PhD in social psychology (social influence) - development of online

research tool featured in The New Scientist★ Led London School of Economics team validating the link between

brand advocacy and sales growth - worked on innovation research projects for BBC, LVMH, Nokia, Economist, and Unilever

★ Co-founded two successful digital marketing agencies (Spheeris (online communication) and Brainjuicer (online research))

★ Co-authored popular business book ‘Connected Marketing’

Paul’s latest venture, clickadvisor.com, helps brands do collaborative innovation through brand-sponsored idea and design contests

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clickadvisorinsight for innovation

FlipsideA reformed bodybuilder, Paul is a diving fanatic and a qualified divemaster