As part of the latest "Back to School" podcast series I do for my company, Powered Inc., our goal is to focus on the intersection of business and social. The speakers are smart people who run the gamut of bloggers, authors, analysts, journalists and business practitioners. This months flavor focuses on tapping into social to drive purchase consideration. My guests were the smart (and fun) Jackie Huba and Rob Harles. Jackie is an author and business blogger while Rob is the VP of community for a company you may have heard of called Sears.
Friday, October 23, 2009
Driving Purchase Consideration: Podcast with Jackie Huba & Rob Harles
As part of the latest "Back to School" podcast series I do for my company, Powered Inc., our goal is to focus on the intersection of business and social. The speakers are smart people who run the gamut of bloggers, authors, analysts, journalists and business practitioners. This months flavor focuses on tapping into social to drive purchase consideration. My guests were the smart (and fun) Jackie Huba and Rob Harles. Jackie is an author and business blogger while Rob is the VP of community for a company you may have heard of called Sears.
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A recent McKinsey report (June 2009 Subscription) highlights that the ratio of purchasing decisions driven by company vs consumer is 30/70. 70% of purchasing decisions are drive by consumer reviews, word of mouth and in store interactions.
ReplyDeleteSo I think the answer to your question on content is "user-produced". Brands should provide high quality content to their core customers/community so they repurpose/customize it as user-produced.