Many businesses face word-of-mouth marketing challenges, as this method, while effective, has significant limitations.
As I reflect on 2024, professionally, personally, and in business, I’m also planning for 2025—setting sales goals, financial targets, objectives, and most importantly, determining the path to achieve them: my marketing strategy.
Yes, to reach my desired goals and increase my revenue, I need to carefully plan my marketing moves. It sounds obvious, doesn’t it?
Yet it’s amazing how few people actually do this.
How do I know?
Because when I ask the businesses and companies I work with, as well as the private individuals and managers I advise, the following question:
“How do you market your business or yourself?”
The most common response is: “Word-of-mouth.”
In other words, people often don’t invest in or plan their marketing efforts. Instead, they rely on their existing customers to spread the word about them.
Word-of-mouth marketing is indeed effective (with high conversion rates), but it has two significant drawbacks:
1. Why Word-of-Mouth Marketing Isn’t Enough to Grow Your Business
If I wait for one satisfied customer, let’s call them X, to talk about me, months (or even years) could pass before someone else contacts me and says, “I heard about you through X.”
Meanwhile, during that gap, there are bills to pay—rent, employee salaries, and other expenses, right?
That’s a problem.
One of the biggest word-of-mouth marketing challenges is the long time it takes to generate referrals between customers.
2. The Fundamental Assumption is Flawed
The second, more critical issue lies in the assumption that people must first use your product or service before recommending it.
Now let me ask you this:
What happens if you’re just starting a new business? Or launching a new campaign, department, or product?
And what if you want to expand your customer base and reach people you’ve never connected with before?
In these cases, word-of-mouth marketing doesn’t hold much value anymore.
Expanding Beyond Word-of-Mouth: Reaching New Customers
If you want to grow, evolve, and succeed in all aspects, you need to plan for it! It won’t just happen on its own.
Let’s get back to planning for 2025 (yours and mine).
If, like me, you work methodically and know roughly what your next business and professional year will look like (and even your personal year—you can plan vacations, family events, etc.), then you’re in a good place.
But if you’ve read this email and have no idea how to plan effectively (or if you lack the time or motivation), I have a practical, free solution for you:
My good friend and long-time colleague, Eran Stern, one of Israel’s leading and most successful business mentors, and author of the bestseller “Fulfill”, has released a series of free videos.
In these videos, he teaches how to achieve your goals, get the results you want, and realize your personal and financial potential in a world full of opportunities.
I highly recommend watching these valuable, free videos to better plan your upcoming year.
With love,
Dr. Yaniv Zaid – “Doctor Persuasion”
råb ud og sig, at jeg virkelig nyder at læse gennem dine blogindlæg.”shout out and say that I really enjoy reading through your blog posts.”
I’m not sure exactly why but this site is loading incredibly slow for me. Is anyone else having this problem or is it a issue on my end? I’ll check back later on and see if the problem still exists.
) Jeg vil besøge igen, da jeg har bogmærket det. Penge og frihed er den bedste måde at ændre sig på, må du være rig og
Tak Hej der til alle, det indhold, der findes på denne
Com tanto conteúdo e artigos, vocês já se depararam com algum problema de plágio?
actually no, all my content is mine 🙂
díky tomuto nádhernému čtení! Rozhodně se mi líbil každý kousek z toho a já
ocenili váš obsah. Dejte mi prosím vědět.
enten oprettet mig selv eller outsourcet, men det ser ud til
e dizer que gosto muito de ler os vossos blogues.
Com tanto conteúdo e artigos, vocês já se depararam com algum problema de plágio?
O conteúdo existente nesta página é realmente notável para a experiência das pessoas,
Thank you for your comment! Feel free to contact me in:
yaniv@yanivzaid.com
or
+972-54-800-1200
Best,
Dr. Yaniv Zaid
As there are already quite a few travel and house rental apps on the Play Store which have focused varied niches it is troublesome to make an affect on the present market like Airbnb did if you don’t have a enterprise thought with thriving potential.
Having read this I thought it was very enlightening. I appreciate you spending some time and energy to put this information together. I once again find myself personally spending way too much time both reading and posting comments. But so what, it was still worthwhile.
Thank you, I appreciate your response. I am available for any question or consulting- feel free to contact me in:
yaniv@yanivzaid.com
or
+972-54-800-1200
Best,
Dr. Yaniv Zaid