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	<title>Comments on: Do you know which of your customers are brand advocates?</title>
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	<link>http://thebankwatch.com/2006/12/14/do-you-know-which-of-your-customers-are-brand-advocates/</link>
	<description>Tracking the evolution of financial services</description>
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		<title>By: Colin</title>
		<link>http://thebankwatch.com/2006/12/14/do-you-know-which-of-your-customers-are-brand-advocates/#comment-4857</link>
		<dc:creator><![CDATA[Colin]]></dc:creator>
		<pubDate>Sat, 16 Dec 2006 07:55:37 +0000</pubDate>
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		<description><![CDATA[Thanks for taking the time to write about those debacles.  Good lessons.]]></description>
		<content:encoded><![CDATA[<p>Thanks for taking the time to write about those debacles.  Good lessons.</p>
]]></content:encoded>
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		<title>By: Charles H. Green</title>
		<link>http://thebankwatch.com/2006/12/14/do-you-know-which-of-your-customers-are-brand-advocates/#comment-4829</link>
		<dc:creator><![CDATA[Charles H. Green]]></dc:creator>
		<pubDate>Fri, 15 Dec 2006 20:51:17 +0000</pubDate>
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		<description><![CDATA[I would suggest a slightly different learning from the one you seem to be offering.

Yes, the concept of brand advocate is a powerful one.  Yes, the internet is empowering word of mouth, and making Brand Advocates more powerful.

And yes, Brand Advocates are important to marketers.

But--there is real danger in thinking of Brand Advocates as a customer segment, or a target market, or as any group to be interacted with by marketing.

For some cautionary tales, just look at the trust destroyed by P&amp;G (no slouch at marketing) by their program for paying housewives to shill their products.

Look at the mess the pharmaceutical industry has gotten itself into by wining and dining and paying KL&#039;s (Knowledge Leaders).

Imagine yourself written up in Wired, or the Wall Street Journal, as the bank who paid, tried to coopt, solicited, suborned, bribed, hustled or other negative-verbed some people to do more of what they were doing naturally.  You will end up destroying far more trust than you create in a few incremental recommendations. 

It is seductive: but don&#039;t go there.  Instead, you can make open forums for people to express opinions--not much wrong there.  But you&#039;d better be prepared for what you get, and resist the temptation to influence it. 

For a great example (a positive one this time), see my blog about Chevy Tahoe and their campaign to let consumers make their own ads online, at 
http://www.trustedadvisor.com/blog/42/]]></description>
		<content:encoded><![CDATA[<p>I would suggest a slightly different learning from the one you seem to be offering.</p>
<p>Yes, the concept of brand advocate is a powerful one.  Yes, the internet is empowering word of mouth, and making Brand Advocates more powerful.</p>
<p>And yes, Brand Advocates are important to marketers.</p>
<p>But&#8211;there is real danger in thinking of Brand Advocates as a customer segment, or a target market, or as any group to be interacted with by marketing.</p>
<p>For some cautionary tales, just look at the trust destroyed by P&amp;G (no slouch at marketing) by their program for paying housewives to shill their products.</p>
<p>Look at the mess the pharmaceutical industry has gotten itself into by wining and dining and paying KL&#8217;s (Knowledge Leaders).</p>
<p>Imagine yourself written up in Wired, or the Wall Street Journal, as the bank who paid, tried to coopt, solicited, suborned, bribed, hustled or other negative-verbed some people to do more of what they were doing naturally.  You will end up destroying far more trust than you create in a few incremental recommendations. </p>
<p>It is seductive: but don&#8217;t go there.  Instead, you can make open forums for people to express opinions&#8211;not much wrong there.  But you&#8217;d better be prepared for what you get, and resist the temptation to influence it. </p>
<p>For a great example (a positive one this time), see my blog about Chevy Tahoe and their campaign to let consumers make their own ads online, at<br />
<a href="http://www.trustedadvisor.com/blog/42/" rel="nofollow">http://www.trustedadvisor.com/blog/42/</a></p>
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