All posts in Statistics

Secrets of Social Media Revealed 50 Years Ago – Harvard Business Review

Almost 50 years ago Ernest Dichter, the father of motivation research, did a large study of word of mouth persuasion that revealed secrets of how to use social media to build brands and businesses. The study was reported in a 1966 article in HBR.

A major Dichter finding, very relevant today, was the identification of four motivations for a person to communicate about brands. The first (about 33% of the cases) is because of product-involvement. The experience is so novel and pleasurable that it must be shared. The second (about 24%) is self-involvement. Sharing knowledge or opinions is a way to gain attention, show connoisseurship, feel like a pioneer, have inside information, seek confirmation of a person’s own judgment, or assert superiority. The third (around 20%) is other-involvement. The speaker wants to reach out and help to express neighborliness, caring, and friendship. The fourth (around 20%) is message-involvement. The message is so humorous or informative that it deserves sharing.

Posted via email from Josh Chambers’s Posterous

New MBAs Would Sacrifice Pay for Ethic

New MBAs Would Sacrifice
Pay for Ethics

88.3% of graduating MBA students say they’d take a pay cut to work for firms that have ethical business practices, and the average amount they’d forgo is $8,087, according to a survey of 759 students in North America and Europe. The researchers, David B. Montgomery of Stanford University and Catherine A. Ramus of the University of California, Santa Barbara, suggest that the finding should be seen by the public as a hopeful sign for the management profession.

Posted via email from Josh Chambers’s Posterous

TNS Digital Life | Super Useful Internet Statistics & Social Media Usage

Beautiful, and so useful. One of the few stat engines I actually enjoyed and will use again. Check it out: discoverdigitallife.com

Posted via email from Josh Chambers’s Posterous

Pew Survey: Teens Love Facebook, Hate Blogging, Are Always Online, and Don’t Use Twitter | And How | Fast Company

Everybody goes online, everybody has a cell phone, and kids hate blogging and Twitter, according to a new survey from the Pew Research Center’s Internet & American Life Project.

Posted via web from Josh Chambers’s Posterous