I think that marketing by word of mouth is very influential. Personally I would value my friends opinion on a product or service more than anyone else because they know who I am.
The last product or service I thoroughly enjoyed was Bud Light Platinum. This new beer has more alcohol, 6% than the regular Bud Light and a different taste. The first time I heard about this beer was two weeks ago. My brother asked me to pick him up some Bud Light Platinum's on my way home from work. Since I had never heard of them, I decided to get myself some and greatly enjoyed them. When I returned back to school my roommates and I decided to grab some one night and they all enjoyed them as well.
I think marketing by word of mouth has some impact on sales. After you tell someone/are told by someone about a product, it is up to you as to whether you want to buy that product or service. Some people just brush off what you have just told them about a particular product or service, while others will value that opinion and buy into it.
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