Friday, March 30, 2012


The Zero Moment Of Truth

That moment when consumers are trying to choose between similar products, by gathering different information online, is identified as a new phase of the purchase process and is called The Zero Moment of Truth (ZMOT).
Here is the story in short:
Before the era of WWW, when purchases were made mainly at the recommendation and advice of the sales person, there were three stages in consumer’s behavior:
  1. The Stimulus – The moment when consumers acknowledge the need for a certain product. It could happen after seeing a TV or a written commercial, after hearing about that product from a friend or just after experiencing certain life changes that awaken that need.
  1. The First Moment of Truth (FMOT) – Also called “The Shelf Moment”, this is the moment when the consumer reaches the store, sits in front of the shelf and chooses between brands.
  1. The Second Moment of Truth (SMOT) – Happens after the purchase, while the consumer uses the product. At this moment, the consumer is either satisfied or displeased and she will further recommend the product or not.
Now that communication between people is much easier and word of mouth is so powerful, the decision making process has changed. People stopped relying solely on the advice of the sales man and started documenting on their own.
They wouldn’t research anymore just for expensive purchases such as a car or a place to live. They could afford now the time to research even for things as meaningless as a $5 bottle of shampoo.
Why?
Because it takes less time to run a quick search online and find the best product to buy, rather than spend time looking at an entire shelf of products and not knowing for sure which would be the best choice.

ZMOT in a marketer’s eyes

So, what does this change mean for a marketer?
The Zero Moment of Truth is the moment when consumers switch from undecided to decided. This makes it crucial for winning over the prospective customer.
Therefore, you must reinvent your entire strategy and design it in such way that it meets the needs of your customers at their Zero Moment Of Truth.
In other words, it means that:
  • It’s essential to be present in their ZMOT! If you miss when this moment occurs, you lose the prospective customer.
  • You must tell your side of the story. Leave no room for competition to create a false image of your brand in their attempt to improve their own.
  • Consumers need to have access to detailed and clarifying information related to your brand and product. If there is a lack of information available for your products and services, your prospective customers might choose other brands just for the fact that they don’t want to risk having bad surprises from a product they don’t know much about.
  • You must be transparent and gain consumer’s trust. Trust plays a major part in consumer’s decision making process.
  • You should be available to provide answers. If your prospective customers have unanswered questions, they must be able to discuss them with someone and find the information they need.
ZMOT winning techniques
Ok. So, to be the winner in the Zero Moment Of Truth battle, you must find the places where ZMOT occurs and speak the words your customers want to hear.
Here are several things that you, as a marketer, can do to win the ZMOT:
  • Show Up in Search Results

Google Search – is one of the most common techniques people use for learning about the things they care. So this means that you must optimize your website to show for the searches people perform when they are at their ZMOT.
Think of all the words people would most probably include in their searches at this moment (such as best, cheap, free, top, prices, opinions, reviews, ratings, offers, promotions, discounts, coupons) and brainstorm relevant keywords for your own webpages to optimize.
You can also use Google’s own auto fill function to see exactly how people are searching for your brand & category and “steal” these keyword suggestions.
  • Create Videos

It’s far more easy to watch a video than to read a piece of writing, and people are growing accustomed to get the things they need FAST. Therefore, having videos to explain your product features are making the consumer’s research easier and bring you closer to the desired ZMOT win.
  • Engage In Discussions

People like to ask questions and to seek other people’s opinion. Therefore you must go where all the others are going. You must be present on forums, on reviewing sites, on Q&A sites, on social platforms.
Make sure you don’t miss any community that talks about your brand or product. It doesn’t matter if good or bad things are said about your brand, is important to be there and tell your side of the story.
  • Allow & Encourage Customer Experience Sharing

To win the ZMOT of your prospective customers it is important to be transparent in your relationship with your existing customers. Having unedited feedback from your clients on your website and forums means that you have no dirt hidden under your carpets and people can trust your word.
This will only grow your prospective customer’s confidence in your brand and ease your path toward winning their ZMOT.
  • Adapt Your Channels

Mobile devices are becoming a regular tool in the hands of consumers. And mobile ZMOT searches as well. Therefore you need to make sure you are also available on this type of devices and your message is able to satisfy the need of a consumer on the run.
  • Be Ready for Dynamic Changes

The things that could push a consumer into the ZMOT are sometimes transient or unpredictable, and to explain this I’ll use Jim Lecinski’s own example.
Lady Gaga’s video “Telephone”, in which Beyonce showed up wearing an amazing makeup based on a yellow eye shadow, generated a flood of online searches for terms like “Beyonce yellow eye shadow” or “Beyonce honey bee yellow makeup”.
If you were a makeup producer or seller, you would have wanted to show up for these searches, right? But to do that, you must be fast and agile.
So, be always prepared to react to this kind of stimuli and welcome consumers in their spontaneous ZMOT queries.

Thursday, March 29, 2012

Our Mobile Planet

Measuring Global Smartphone Impact

Our Mobile Planet provides insights into smartphone usage and mobile attitudes. Use it to create custom charts that will deepen your understanding of the mobile consumer and support data driven decisions in your mobile strategy.

Example charts:

Wednesday, March 28, 2012

The Zero Moment Of Truth And Why Marketers Must Win It


The Zero Moment Of Truth And Why Marketers Must Win It

There’s a fascinating just-released e-book called Winning The Zero Moment Of Truth. Written by Jim Lecinski, Google’s Managing Director of US Sales & Service and Chief ZMOT Evangelist, the book speaks to the “moment where marketing happens, where information happens, and where consumers make choices that affect the success and failure of nearly every brand in the world”… at least according to Google.

ZMOT applies to Business to Business too

ZMOT | why Zero Moment Of Truth applies to Business to Business too

The Zero Moment of Truth or ZMOT (“zee-mot”) refers to the online research a prospect undertakes when considering a new purchase. The ZMOT kicks in after one has seen an advertisement for a product a service, yet before the actual purchase is made. In B2C ZMOT may happen in the aisles at WalMart or Albert Heijn. In B2B, this typically would be before even contacting the supplier by telephone or email.  ZMOT in short is the moment you pick up your smart phone, iPad or simply sit behind your desktop computer and check the web to learn about the product or service you’re considering to buy.

The key sources tapped into during ZMOT in Business to Business are search results, peer reviews in social media, microblogs (like twitter), weblogs, analyst reviews,  other word-of-mouth one comes across online and even advertising such as adwords, magazine ads and billboards. The 21st century, ZMOT puts the prospective customer tremendous ahead of the supplier. Even ahead of technology. ZMOT is the ultimate customer’s driving seat. Business to Business companies need to gain mindshare of their prospective customers during ZMOT in order to maintain their marketshare in the future. It’s therefore that online marketing, social media marketing, content marketing, inbound marketing and mobility no longer can be the realm of the B2C marketeer yet need to be adopted in Business to Business marketing and sales too. Fast.


The ‘Zero Moment of Truth' for B2B marketers


The ‘Zero Moment of Truth’ beckons for B2B marketers


Consumers are increasingly using their smartphones and tablets to seek and share information about products and services as they move down the path to purchase. Google’s Jim Lecinski calls this the “Zero Moment of Truth” (ZMOT). At the BMA’s annual conference, Unleash 2011, Lecinski, managing director of U.S. sales & service and Chief ZMOT Evangelist, talked about the ZMOT and why it is so crucial to B2B marketers’ ability to help drive the business.


During his presentation Lecinski drew on information from his new ebook, titled, “Winning the Zero Moment of Truth,” and shared strategies about how B2B marketers can develop their own ZMOT.


So, what, exactly, is the Zero Moment of Truth and how do B2B marketers define it? Lecinski writes that it could be when a potential buyer picks up his or her laptop, smartphone or tablet and starts searching for products and services.

Google Wows B2B Marketers with "Zero Moment of Truth"


Google Wows B2B Marketers with "Zero Moment of Truth"

Ashley Kuhnmuench, account executive for B2B markets, shared Google's "Zero Moment of Truth" with BMA Atlanta on April 14, 2011.
The BMA Atlanta had the pleasure of having Ashley Kuhnmuench, account executive for B2B markets, ofGoogle  at our April 14 luncheon at Maggiano's Little Italy in Buckhead.  Ashley presented to a rapt audience “The Business Buyer of the Future – Engaging Your Audience at the Zero Moment of Truth.” She shared, to a capacity crowd, Google’s perspective on Procter & Gamble’s “First Moment of Truth,” which describes the first few seconds in a store aisle, when a marketer has the most influence to convince a customer to choose their brand.  But B2B buyers are different; they don’t walk in the wind turbine store to compare solutions off the shelf.   Online research has forever changed the B2B sales game. 
One of the most gripping segments of the presentation, in this blogger’s opinion, was the display of four industries impacted by the amount of online research customers do before a purchase:  Auto, Travel, Real Estate, and B2B.

ZMOT, and what it means to B2B marketers

ZMOT, and what it means to B2B marketers

The way we buy things has changed fundamentally, and B2B marketers need to account for ZMOT. Here’s how you can get started.
ZMOT cover
One of our fabulous customers (the kind who send us cool stuff in the middle of the night) shared this with us the other day: www.zeromomentoftruth.com. Call it ZMOT.
It’s an excellent eBook produced by Google about the moment(s) of research you do before the moment when you actually buy something (the first moment of truth, or FMOT).
What is ZMOT and what do buyers do during ZMOT?
They google, of course. They learn about their choices online, read reviews, watch videos, etc., etc., etc. To big brands like Proctor & Gamble, Coca-Cola and General Electric (who are quoted heavily), the new mental model defined by ZMOT has attracted a tremendous amount of attention.

2011 State Of Digital Marketing


The Zero Moment of Truth for B2B Software Companies


The Zero Moment of Truth for B2B Software Companies

What is the Zero Moment Of Truth?
Have you ever read a review for a beauty product? Or gone on Yelp to search for a good restaurant near you? This experience that you and thousands of people everyday go through is the Zero Moment of Truth.  The Zero Moment of Truth (ZMOT) describes the online interactions between a consumer and a product, when the customers read reviews and compare options online.  Many consumers make their first impression, and ultimately their purchasing decision when they encounter the product online.
Companies that understand and take advantage of the ZMOT work on improving their interactions with customers and making themselves and their products as visible as possible.