The meaning of blogs..

..or rather one of the meanings of weblogs:

WSJ: Marketers Scan Blogs For Brand Insights
Slashdot: Marketers Scan Blogs For Brand Insights

A note about the importance of mouth-to-mouth advertising, with blogs being one of its incarnations on the Internet:

NOTRE DAME USA — Ob ein Kinofilm zum Kassenschlager wird, hängt davon ab, was die Besucher der ersten Vorstellungen darüber erzählen. Das zeigte ein US-Physiker anhand eines mathematischen Modells, mit dem er den Erfolg von 44 Kinostreifen untersuchte. Demnach kann die Mundpropaganda die Besucherzahlen langfristig stärker beeinflussen als das Marketing oder die Grösse des Publikums, das ursprünglich mit dem Film angesprochen werden sollte. (Sonntagszeitung p. 81, June 19, 2005)

In English:
“Nature” article: Modellers measure ‘word of mouth’ for films
Original paper: The effect of social interactions in the primary life cycle of motion pictures

Currently, many companies are discovering blogs as an important medium to get in contact with customers and opinion leaders. And more and more consumers realize that they can actually have an impact on products and influence companies – through blogging.

In fact, blogs are “just” the beginning.. stay tuned for more information.

[Update: Related news: “The first-ever conference on measurement, metrics and standards in word of mouth marketing” organized by womma – the Word of Mouth Marketing Association (I doubt it’s the “first-ever”, though ;)]

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