Just browsing around this morning, I came across a great example of word of mouth marketing. Michael McDerment is a successful Toronto entrepreneur behind the innovative FreshBooks.com online invoicing service. In a 2005 entry on his own blog, he recommends a company called Landmark Merchant Solutions as a “great business partner” for small companies looking for payment gateway services. In the comments to that entry, there is a link to a bulletin board where an amazing conversation has unfolded. Apparently, Landmark isn’t such a great business partner after all.
Shady business practices, drug abuse, sexual harassment, lawsuits. And I’m only about a quarter way down the page. The thread starter has been participating in this conversation for more than three years now. Word of mouth is real.