Buzz Marketing is another term for ‘Word of Mouth’ marketing, ie creating a ‘buzz’ as people spread the word about a product or service. Buzz Marketing could be described as turbo-charged word-of-mouth marketing. The difference for me is that word of mouth advertising can happen at a low level. It’s great, and many creative businesses …
Tag: stories
Identify the Important Few from the Trivial Many. The ’95:5 Rule’
Creative Times. January 2007 The Pareto Principle, also known as the “80:20 Rule”, states that 80% of results flow from 20% of causes. In practice it’s more like the “95:5” rule. For example, 95% of business may come from just 5% of customers. Read more about the 95:5 Rule