Marketing Essentials By Aashish Pahwa / March 11, 2018 “Did you hear about Bitcoin? It’s an insane investment! I invested $100 and earned more than $1000. Can you believe that?”Welcome to the era where every marketer aims at creating a buzz around his product. Why?An average human witnesses around 5000 marketing messages every day out of which very few marketers get to monetize his attention. Buzz marketing helps you to bombard the user with 100x (or 1000x) more marketing messages than you usually would have. All thanks to his friends, family members, friends of friends, social media, blogs, news channels, and influencers, etc.Don’t believe me? Take a look at this bitcoin price chart. When did you hear about the Bitcoin first? Was it in the second half of 2017?What Is Buzz Marketing?Buzz marketing refers to marketing strategies used to capture the attention of the customers and other influencers to amplify the marketing message to an extent where talking about the brand, product, or service becomes entertaining, fascinating, and newsworthy.Buzz marketing is a subset of viral marketing and word of mouth marketing. But to understand it to the fullest, it is very important to understand the meaning of the word buzz. A buzz is a trigger which results in the word of mouth marketing. It can be an idea, a phrase, a tagline, the logo, a mascot, an advertisement, or any other trigger which makes people talk about the brand or its product.Buzz starts conversations. It is the great/different/weird idea or a story which others are willing to share.How Buzz Marketing Works?A buzz can be created by a wink by a female actor, an outspoken leader, a great tagline, or an ambush marketing strategy like this: Buzz marketing is different from the traditional marketing communication. It involves creating a trigger which spread out to the masses as it leads to:Word Of Mouth MarketingWord of mouth marketing starts with buzz marketing. It involves planning a buzz so well that motivated, satisfied, or impressed people belonging to your target market start spreading your message voluntarily.Fear Of Missing OutNo one wants to feel ‘left out’ in this digital era triggered by the social media. Not having a vital information or having a feeling that one is not a part of the ‘in’ group releases enough psychological stress that acts as a threat to them. This makes the buzz easier to convert into word of mouth marketing as it has more conversational value. Plus, the social media acts as a catalyst.Baader-Meinhof PhenomenonBaadeer-Meinhof Phenomenon is a situation where one stumbles upon an unfamiliar word, name, or buzz, and soon afterwards encounters the same subject again, often repeatedly.It’s the phenomenon which makes you say “I recently heard about it and now it’s everywhere”.Buzz marketing sends you the same message through different channels which makes you experience this phenomenon quite often and the message sticks to your mind.The meme marketing strategy is based entirely on this phenomenon.How To Create A Buzz?Is buzz marketing important? Well, when 83% of consumers trust recommendations from their peers over advertising, how unimportant could it be?Focus More On People And Less On ProductEven though your brand or the product are in the spotlight, people have a greater role in creating a buzz around it. The only way you can succeed in creating a buzz is to focus all of your marketing communication strategies on your target market’s needs, wants, interests, hobbies, etc.Use Influencer MarketingIt’s a proven fact that people trust influencers more than any advertisement. Using influencers to your benefit can help you get the attention of their followers in a positive way.Use Scarcity PrincipleScarcity principle is brand induced scarcity to create a mismatch between the demand and supply of the product. The phenomenon is at a rise with the increased popularity of flash sales on ecommerce websites as it not only increases the demand but also creates a buzz around the product.Scarcity techniques like flash sales, limited period offers, use it or lose it offers, for limited users offers, etc. can help you create a buzz around your product and increase its demand.Capitalize On The Network EffectThe network effect refers to a situation where a product or a service becomes more valuable when more people use it. Creating a buzz around a product which capitalizes on the network effect is easier as network effect itself is a type of buzz.For example – the more people use whatsapp messenger, the more valuable it becomes to the users and easier it is for the company to attract more customers.Other Buzz Marketing StrategiesA brand can use many other buzz strategies or buzz buttons to create a buzz around itself or its products and services. These buzz buttons are:Guerrilla marketing (using creative, imaginative yet unconventional marketing tactics to get maximum reach and better results without involving heavy costs and resources)Suspense (creating a suspense around its product)Taboo (Breaking taboos)Humour (Using humour which can be used by customers in their conversations)Secrets (spreading out rumours or secrets)Unexpected (A soft-drink brand making an advertisement on obesity due to soft drinks)Extraordinary customer engagement, etc.Buzz Marketing ExamplesThe 2017 oscars created a lot of buzz when ‘La La Land’ was accidently announced as the best movie instead of ‘Moonlight’. Why? Because it was unexpected in such a reputable award function. There are many other examples where the brand created a buzz.The Honest Coca-Cola Obesity CommercialCoca cola was in the news, on social media, and in the title of many blog posts when it released the honest coca-cola obesity commercial where it accepted the fact that coca-cola causes obesity. Tiger Woods Jesus ShotEA games launched the Tiger Woods PGA Tour 08 game with an intriguing yet entertaining shot called the Jesus shot where Tiger Woods would go into the water to play the shot. Later it was revealed that this feature was intentionally added to create a buzz around this game.Mini Cooper Boxes In AmsterdamMini Cooper, to promote its 99€ a month finance deal during Christmas, executed a guerrilla campaign where it featured packing boxes in prominent locations around Amsterdam. This created a lot of buzz around the car in 2009.Go On, Tell Us What You Think!Did we miss something? Come on! Tell us what you think about our article on Buzz Marketing in the comments section.