Harnessing the Power of Online Social Communities for Branding and Market Development |
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ExcerptsCaselet 1: Nike's Joga Bonito Campaign for the 2006 FIFA World Cup
With football being a widely watched sport, Nike felt that visibility in the
2006 World Cup would be vital for it to dislodge Adidas and become the
market leader. The World Cup was expected to give an effective platform for
marketers to showcase their brands and reach out to a huge captive audience.
Prior to the start of the event, Infront Sports & Media (Infront), the
official holder of the broadcast rights for the event, estimated that the
event would be broadcasted to over 200 countries and territories.
The start of the new millennium saw P&G harnessing the power of online communities to generate word-of-mouth (WOM) advocacy for its brands. Though WOM marketing is a recognized marketing tool that has been used for a long time, analysts credited P&G for pioneering its use on a large scale. P&G did this by building two online communities Tremor (Tremor.com) and Vocalpoint (Vocalpoint.com). Tremor was an online community for teenagers while Vocalpoint was an online community for moms (Refer to Exhibit III for a screenshot of Tremor.com, and Exhibit IV for a screenshot of Vocalpoint.com)...
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