cb week 10 diffusion-of-innovations

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    Opinion Leadership &Diffusion of Innovations

    Opinion Leadership &Diffusion of Innovations

    Week 10

    Prepared by : W. Rofianto

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    OpinionLeadership

    The process by which oneperson (the opinion leader)

    informally influences theconsumption actions orattitudes of others who

    opinion recipients.

    Opinion

    Leader

    Opinion

    Receiver

    Opinion

    Seeker

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    Word of Mouth in Action

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    Dynamics of the Opinion Leadership Process

    Credibility

    Positive and Negative Product Information

    Information and Advice Opinion Leadership Is Category-Specific

    Opinion Leadership Is a Two-way Street

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    Motivations Behind Opinion Leadership

    The Needs of Self-involvement

    Issues

    The Needs of

    Opinion Receivers

    Purchase PalsSurrogate Buyers

    versus OpinionLeaders

    oc a nvo vemenProduct involvement

    Message involvement

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    The Needs of New product or new

    Issues

    Motivations Behind Opinion Leadership

    The Needs of

    Opinion Receivers

    Purchase PalsSurrogate Buyers

    versus OpinionLeaders

    Reduction of perceived

    risk

    Reduction of search timeReceiving the approval of

    the opinion leader

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    Motivations Behind Opinion Leadership

    The Needs of Actually accompany

    Issues

    The Needs of

    Opinion Receivers

    Purchase PalsSurrogate Buyers

    versus OpinionLeaders

    shopping tripsUsed 25 percent of

    the time for purchasesof electronicequipment

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    The Needs of Surrogate buyers may

    Issues

    Motivations Behind Opinion Leadership

    The Needs of

    Opinion Receivers

    Purchase PalsSurrogate Buyers

    versus OpinionLeaders

    leadersAn example is a

    wardrobe consultantwho helps in thepurchase of business

    clothes

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    Profile of Opinion Leaders

    GENERALIZED

    ATTRIBUTES ACROSSPRODUCT CATEGORIES

    CATEGORY-SPECIFIC

    ATTRIBUTES

    Innovativeness

    Willingness to talk

    Interest

    Knowledge

    Self-confidenceGregariousness

    Cognitive differentiation

    Special-interest media exposureSame age

    Same social status

    Social exposure outside group

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    Two-Step & Multistep Flow of Communication Theory

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    Issues in Opinion Leadership and Marketing Strategy

    Advertisements Stimulating Opinion Leadership

    Word of Mouth May Be Uncontrollable

    Marketers Seek to Take Control of the Opinion Leadership Process

    Creating products with built-in buzz potential

    Strategy designed to stimulate buzz

    Viral marketing

    Weblogs

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    Diffusion

    Process

    The process by which theacceptance of an innovation isspread by communication to

    members of social system over aperiod of time.

    Diffusion of Innovation

    The Innovation The Channels of Communication

    The Social System Time

    AdoptionProcess

    The stages through which anindividual consumer passes in

    arriving at a decision to try (or notto try), to continue using (or

    discontinue using) a new product.

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    Defining Innovations

    Firm-oriented definitions

    Product is new to the company

    Product-oriented definitions Continuous

    Dynamically continuous

    Discontinuous Market-oriented definitions

    Based on consumer exposure

    Consumer-oriented definitions Consumer judges it as new

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    Product Characteristics That Influence Diffusion

    Relative Advantage

    Compatibility

    Complexity Trialability

    Observability

    Time and Diffusion

    Purchase Time Adopter Categories

    Rate of Adoption

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    Adopter Categories

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    An Enhanced Adoption Process Model

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