Harris County Federal Credit Union
GO
FORGOT YOUR PASSWORD?
NOT YET REGISTERED?
Marketing Madness: Don't Be Manipulated
Erik's favorite store is a second-hand store called 'Ragstock.'
Buy different and save trees, water and energy.

Word-of-mouth

One of the hottest topics among marketers is word-of-mouth advertising.

Teenagers are more likely to trust information they hear from other people they know, like friends, parents, or classmates.

"When it comes to information, research shows that through the years people have come to rely more on information from other people than advertisements," says Berry.

Businesses know their sales will grow if people are talking about their products and recommending them to their friends.

How do rewards cards gather information about your purchases?

Color-coded strips match store templates.

Tiny cameras record your activities.

Swiping turns on TV monitors.

Magnetic strips provide your purchase details.

Apple successfully incorporates word of mouth into its branding strategy for products like the iPhone and the iPad.

Make sense of the messages

The good thing about word-of-mouth marketing is that people talk about what makes a product good and bad:

You can't ask a TV commercial or billboard for more information. The people who make those ads only want to show you one point of view—theirs.

Check your buying smarts. Take the Wise Buys quiz.

"If you hear something and you're not sure about it, ask questions, talk about it with your parents and friends," said Berry.

That's how teenagers can outsmart the advertisers.

True or False: Ever the inventor, Benjamin Franklin had over 100 patents by the time he died. Click Ben's head for the answer.
FALSE: Franklin did not patent any of his inventions. Considering the number of them and their implications to society, he could have made a fortune from his innovations.







Chicago, IL
WRITTEN BY:
Bridget Joyce
p. 1 2 3
ADD TO MY FAVORITES E-MAIL THIS STORY
Recipient's e-mail address
Your e-mail address
PRINT THIS STORY
Rate this Story
WeakOKGreat
12345

You must be logged in to post comments.

Harris County Federal Credit Union What makes credit unions so great? Members like you.

Every dollar you invest in your credit union earns you money while other members borrow it.

When you're ready for a loan, other members' savings will be there to help you out at the lowest possible cost.
NCUA