Free Essay

Viral Marketing

In: Business and Management

Submitted By muddassirch
Words 3521
Pages 15
Viral marketing, viral advertising, referring to marketing techniques that use pre-existing social networking services and other technologies to try to produce increases in brand awareness or to achieve other marketing objectives (such as product sales) through self-replicating viral processes, analogous to the spread of viruses or computer viruses (cf. Internet memes and memetics). It can be delivered by word of mouth or enhanced by the network effects of the Internet and mobile networks.[1] Viral advertising is personal and, while coming from an identified sponsor, it does not mean businesses pay for its distribution.[2] Most of the well-known viral ads circulating online are ads paid by a sponsor company, launched either on their own platform (company webpage or social media profile) or on social media websites such as YouTube.[3] Consumers receive the page link from a social media network or copy the entire ad from a website and pass it along through e-mail or posting it on a blog, webpage or social media profile. Viral marketing may take the form of video clips, interactive Flash games, advergames, ebooks, brandable software, images, text messages, email messages, or web pages. The most commonly utilized transmission vehicles for viral messages include: pass-along based, incentive based, trendy based, and undercover based. However, the creative nature of viral marketing enables an "endless amount of potential forms and vehicles the messages can utilize for transmission", including mobile devices.[4]
The ultimate goal of marketers interested in creating successful viral marketing programs is to create viral messages that appeal to individuals with high social networking potential (SNP) and that have a high probability of being presented and spread by these individuals and their competitors in their communications with others in a short period of time.[5]
The term "VRL marketing" has also been used pejoratively to refer to stealth marketing campaigns—marketing strategies that advertise a product to people without them knowing they are being marketed to.[6]

5 Clever Social Media Marketing Campaigns that Went Viral

Social media has provided marketers with some powerful new tools. They are global, potentially viral and free.
Businesses will often have entire teams dedicated to communicating with followers, and will spend a significant chunk of their budget acquiring new leads from the Internet.
From blogging to pay-per-click advertising, there are plenty of ways to establish a web presence. Most businesses will use multiple techniques in order to maximize results; however, as the years go by a new form of marketing has emerged; viral marketing.
We’ve all heard the term, “it went viral” when referring to heavily viewed YouTube videos, comedic memes and social media games. Businesses are now using this free technique to promote their products and services.
We have compiled 5 examples of social media marketing campaigns that went viral to prove just how powerful it can be.
1. Cadbury’s giant chocolate Facebook thumb

image: http://www.jeffbullas.com/wp-content/uploads/2014/06/cadbury.jpg

When Cadbury’s wanted to boost their Facebook likes they decided to construct a giant Facebook thumb out of their own signature Dairy Milk bars. The idea started as a thank you gesture to fans for helping them reach one million likes, but quickly went viral and led to another 40,000 followers within a short space of time. They even decided to stream a live real-time video to document the making of the thumb, which was watched by over 350,000 fans throughout the world.
Nothing draws the eye more than a mouth watering image; however, giant chocolate bars are certainly nothing new. Chocolate and Facebook are universally loved and by incorporating the thumb, Cadbury’s have cleverly managed to create an image that’s contemporary, unique and instantly recognizable.
2. WATERisLIFE’s first world complaints YouTube video
Non-profit organization WATERisLIFE created a controversial social media campaign that was inspired by humorous memes. The company – who are dedicated to bringing clean water to the third world – produced a documentary complied of clips of the underprivileged alongside captions of common complaints from the privileged. Such examples include: * “I hate it when my phone charge won’t reach my bed.” * “When I go to the bathroom and I forget my phone.” * “I hate when my leather seats aren’t heated.” * “When my mint gum makes my ice waster taste cold.”

The video was a huge success and managed to amass over one million views within the first day. The ending caption, “First world problems… aren’t problems” significantly boosted interest in their Twitter feed as followers made their own captions and posted them on social networks along with the hashtag, ‘#firstworldproblems.’
3. Wilkinson Sword’s santa claus hostage video
During the build-up to Christmas 2013, Wilkinson Sword released a hostage video featuring three elves who are arguing about whether or not they should shave off Santa’s beard.
The video was promoted via the brand’s YouTube, Facebook and Twitter pages and received widespread attention throughout the UK. What’s genius about this social media campaign is that it was designed to get followers involved. The video was left on a cliff-hanger with the phrase, “CLICK TO #SAVESANTA” at the end.
Voters are now eagerly anticipating the follow-up video this year which will determine the fate of our truly beloved Saint Nicolas.

image: http://www.jeffbullas.com/wp-content/uploads/2014/07/Social-media-at-its-best-%E2%80%93-5-examples-of-great-social-media-campaigns-3.jpg

Aside from establishing a marketing campaign that gets the fans involved, Wilkinson Sword have created an on-going series which will bring voters back each year and remind them of their famous razors – which just so happen to be the perfect stocking filler.
4. Heinz’s “Which bean are you?” quiz
When Heinz launched their new Five Beanz product, they created a quiz on their Facebook page named, “Which bean are you?” Fans used this quiz to determine which bean they were based on questions about their personality.
In addition, Heinz gave participants who shared the quiz ten times on their Facebook page a goodie bag.
The facts and the results: * The campaign lasted for two weeks * Acquired 22,000 likes * 10,000 shares * Overall reach of 11 million

image: http://www.jeffbullas.com/wp-content/uploads/2014/07/5-Great-Social-Media-Marketing-Campaigns-4.jpg

Everyone likes a personality quiz. They’re a great way to get fans actively involved with a marketing campaign without using too much obvious promotion. Television shows and film production companies have been using this promotional method for years; but until Heinz, the food industry hadn’t utilized it. Since the success of the Heinz’s quiz many other food companies have gone on to use the same marketing method with huge success.
5. Urban Hilton Weiner’s selfie coupon codes
Urban Hilton Weiner weren’t a particularly big name before their ‘pay with a selfie’ campaign, but now they’re one of the most talked about brands in fashion.
Their marketing campaign awarded those who posted a selfie wearing their clothes, along with the hashtag #urbanselfie, a $10 coupon.

image: http://www.jeffbullas.com/wp-content/uploads/2014/07/5-Great-Social-Media-Marketing-Campaigns-5.jpg

This ingenious marketing technique accomplishes everything that any retailer would want from a social media campaign – it exposes people to specific items of clothing, encourages social sharing, and most importantly, gets people in stores and buying clothes they wouldn’t have otherwise purchased.
While the $10 coupon may seem excessive and put many companies off taking such a bold move, it’s a small price to pay for such widespread and effective exposure.
Wrapping it up
The power of social media marketing cannot be denied. Real-time marketing has become the “it” thing in advertising and nowadays all one has to do is login to a social network and within seconds they will be exposed to some form of advert; no matter how discreet it may look.
Internet marketers are now placing an increasing amount of emphasis on building communities via social networks and are integrating each platform to deliver a constant stream of exposure. In fact, acquiring a ‘Like’ on Facebook or new follower on Twitter is held in higher regard than unique website traffic. However, what’s most appealing about social media is that unlike other forms of online marketing – such as PPC and SEO – it’s completely free.
Guest Author: James is a self-employed blogger and wannabe entrepreneur and works with Distinctly Digital. His passion is in SAAS tech and innovation. You will find James at many of the leading technology conferences across the UK and Europe.

There are times that you get surprised to see a sudden spike in traffic when you check your site’s traffic stats in the morning, and you often wonder where those visitors came from and how you were able to pull it off by accident. Well, what if you can replicate that result whenever you wish to?
It’s very possible, given that all it really takes is to have a really awesome content that people will voluntarily share and to have a plan on how you can put that content in front of that particular kind of audience (to people who will really share your content).
This post will mostly cover the promotional techniques that you can do to drive massive visitors to your content. But to start off, I’ll just share some ideas of what a solid and share-worthy content should look or feel like:

Data Visualization:

LRA Crisis Tracker from Invisible Children
Research-based Text Content:

Most of these successful materials have resemblances in terms of attack, and some of their most common characteristics are: * Design-driven * Offers high-value information/experience and have a unique concept for the content * Topics have high share-rate
There are also other formats and types of content that can be used for viral campaigns, but sometimes, the real work and real source of success comes from the backend – on how a great content can efficiently be promoted to its target audience – which I will be sharing below.
Media Coverage
Getting press mentions for your site or your site’s content by having it cited as a resource by high-traffic news sites or authority blogs can certainly send massive referred traffic to your site in a day. Though getting featured by these authoritative sites is not easy, as you’ll need something newsworthy for your content or your brand to be mentioned by these types of sites.
Basically, you’ll need a material that people from the press will find useful to create or back their stories up. Sharing your own data is one of the best ways to do it. Here are some of the steps that you can take when planning for this kind of outreach. * Prepare a newsworthy content that authority bloggers and columnists can cover for their next piece. * Make a list of the columnists and bloggers who write about your industry, including their contact details as well as the sites where they publish their content. You can start by identifying and listing at least 50 different writers in your field and use Excel spreadsheet to organize the levels of priorities for each. * Know your targets by researching more about them, particularly those who write for bigger online publications, as this can help you create a more personalized copy for your email once you start pitching the story to them. * Craft a powerful email copy and start sending. Personalize each copy (based on your list’s level of priority). It’s best to keep your email copies short and have an element that will make them more engaged while reading your message (like giving compliments to their previous works and offering a news angle that will really make them interested to cover your story). * Keep track of your conversations as well as with their responses and try to build relationships with them, as this can help benefit your campaign’s future efforts.
Chris Winfield, from Blueglass, recently wrote an in-depth guide on how to get press coverage for a brand, which covers most of the things that will be needed to have a business featured by journalists on their columns.

Stumbleupon’s Paid Discovery
Most of Stumbleupon’s users are social-media savvy and can easily be engaged by what they see, so if you’ll provide their users with content that’s really amazing and targeted to their interest, you can almost effortlessly multiply the reach of your content, as these viewers have tendencies of sharing your content through other social networks as well.

Stumbleupon Paid Discovery normally costs $0.10 per page view (and they also offer other packages). Investing $50 – $100 for a day (probably on the day that you’ll launch your content) can get you 500 – 1,000 highly engaged visitors to the page you are trying to promote. And you can also expect for those views to multiply considering that a good fraction of those visitors will have high probability of socially sharing your content.
The great thing about this service from Stumbleupon is that the campaign can be easily modified, particularly in targeting the right audience and demographics for your content through manually modifying the age, gender, location, device and/or interests of the audience you are seeking to acquire.

Lastly, it’s important to make your social buttons within the content very visible (make this as the content’s call-to-action) to ensure that the visitors driven through this method will be enticed and compelled to share your content.
Get Featured on other Bloggers’ Newsletters
Connect with bloggers in your industry that have large lists of email/newsletter subscribers, since these bloggers have followers/readership that will most likely be interested with your content.
Pitch your content to these bloggers before launching it and try to offer something that will benefit both parties (perhaps paying for the link placement or to have the content featured in their newsletters).
However, establishing connections before pitching the idea will make it more interesting to them or much easier for them to approve the request, and that’s why building relationships is very vital to any online-based businesses these days.
Make sure that your content will be useful to their followers, and not too promotional, to improve your requests’ success rate. Incentivize the pitch to make it a win/win situation as well.
The schedule of sending out the emails also plays a big part to get that viral effect, so if you can discuss this part of the campaign to them as soon as they’ve showed interest, the better.
Pro Tip: Start with bloggers that you already have built connections with (exchanged of emails, conversed through social networks, have previously linked to your site/content, etc…).
Social Outreach
It’s easier for your content to reach more people when influential individuals in your industry (that have robust following on social networks) are putting your content in front of your target audience.
Reach out to influencers and ask if they’ll be interested to see your content, but don’t directly ask them to share your content, as they’ll normally spread it if they find it useful for their followers.
Social outreach is mostly effective if it’s planned ahead. You can first start by making a list of at least 50 influencers in (including their contact details) your industry before launching your content. Assess your content if it will be something that these influencers will really take time to review. And to increase your response rate, you might also need to have another reason for contact, such as: * Asking for feedback. * Notifying them that you’ve mentioned them as a source in the content.
The important thing is to offer a very unique content that can genuinely benefit their readers/followers, and leverage that aspect to get them to share your content.
Promote through Reddit
Reddit has been one of the most highly-utilized community-based news aggregator sites in the world, and certainly a powerful web marketing tool for businesses, if they can make it on Reddit’s front page, where millions of visitors can see a referring link every day.
Yet, it’s not that easy to be featured in their front page, as you’ll mostly need to understand how their story ranking algorithm works. Here’s a great article by Amir Salihefendic on examining Reddit’s default story and comment rankings.
There are other alternatives that you can do to get massive referred traffic from Reddit: * Build a solid community that will help you make your story more visible and possibly make your story rank on the front page, by getting scheduled upvotes from your community. * Use Reddit’s social button on your content to make it easier for Reddit users to upvote your content. * Purchase Reddit’s sponsored link or self-serve advertising (this will cost at least $20 to display sitewide or $30 for an entire day to run on specific Reddits).

Pinterest Marketing
Pinterest has been tremendously growing in terms of usage and sharing these past few months, which prove that getting viral through this channel is very feasible. Personally, this blog has received a lot of referred traffic from Pinterest, through the images (mostly infographics) that some of my readers have shared and pinned through that social platform.
If you’re launching a content that will contain compelling and design-driven images (such as infographics, photography, etc…), then Pinterest is definitely one of the best arsenals that you can have to increase the amount of traffic that your content could be getting.
Marketing through Pinterest is quite similar to how you can market your brand on other social platforms, wherein you’ll need: * To build a strong following in your industry within the network, so people can easily check the images you are sharing. * To utilize Pinterest’s social button (Pin Button), to entice page visitors to pin and share your images. * And to personally share or add your images on the social platform and work your way for people to repin it and make it on the popular images by categories or in the Popular section.
Colby Almond recently shared his experience with Pinterest (viral) marketing and on how he almost got 50,000 page views in a day through the help of Pinterest. It’s a great guide that you should definitely look into.
Multiply Traffic through Social CTA
Strengthen your content’s shareability by allowing your social buttons to serve as its primary call to action. Make them more visible to your audience by placing it on perceptible positions (preferably above the fold).
This is a vital process to make out of the most of the traffic that you’ll acquire from your external marketing efforts, as when you compel your new visitors to share your content, you’re able to increase the chances of getting more traffic to your page and multiply the amount of unique views further (gauging if unique viewers will continuously spread your content through social media).
You can also customize your social buttons (depending on your campaign’s prioritized social channel for a specific type of content) like adding Pinterest button for posts/pages that have high-quality images, Reddit button for materials that you’re pushing to rank on Reddit’s front page and/or giving more importance to Twitter/Facebook/Stumbleupon/Google+, depending on the network(s) where your target audience spend their time the most.
Scaling your Viral Content
Always think of your content’s future and on how you can benefit more from it once its viral effect and your feast in traffic has ended.
It’s important that you sustain the traffic that you have generated through that campaign (or a portion of it) to be able to sell your products/services and build your brand as a leader in your industry. There are many ways that you can do to nourish these relationships to your business and to have long term advantage from your content such as:
Optimize for Search and Social Sharing
Use keywords that get enough search volume from your target market (for your content’s title, permalink and within the body of the content), so you can have better chances of ranking for those keywords on search results. You can also augment and modify your content to be evergreen (after launching it) to still obtain social shares from future visitors to that page.
Second Wave Coverage for Links
Try to get coverage and links from smaller blogs to improve your viral content’s search rankings as well as to own the SERP for particular keywords (especially on events and tools that is associated with your brand).
Optimize the content’s Call to Action
Try to contain the visitors that you’ll be generating by attracting them to avail for your “middle of the funnel” offerings, such as signing up to your newsletter, subscribing to your blog’s RSS feed, following you on social networks and/or signing up for your product/services’ free trials.
You can choose to update this part of your content after its successful launch, or you can also include this right away to capture leads along the process of gaining new visitors to your site.
If you liked this post,

Similar Documents

Free Essay

Viral Marketing

...Viral Marketin To : Mohammad Anisur Rahman, Assistant Professor From : Shah Alam Laskar, ID# 201103109 Date : November 16, 2012 Re : Assignment-03 Viral marketing, viral advertising, or marketing buzz are buzzwords referring to marketing techniques that use pre-existing social networks and other technologies to produce increases in brand awareness or to achieve other marketing objectives (such as product sales) through self-replicating viral processes, analogous to the spread of viruses or computer viruses (cf. internet memes and memetics). It can be delivered by word of mouth or enhanced by the network effects of the Internet and mobile networks. Viral marketing may take the form of video clips, interactive Flash games, advergames, ebooks, brandable software, images, text messages, email messages, or web pages. The most common utilized transmission vehicles for viral messages include: pass-along based, incentive based, trendy based, and undercover based. However, the creative nature of viral marketing enables "endless amount of potential forms and vehicles the messages can utilize for transmission" including mobile devices. The ultimate goal of marketers interested in creating successful viral marketing programs is to create viral messages that appeal to individuals with high social networking potential (SNP) and that have a high probability of being presented and spread by these individuals and their competitors in their communications with others in a short......

Words: 497 - Pages: 2

Premium Essay

Viral Marketing

...Channel White Paper Online viral marketing: the strategic synthesis in peer-to-peer brand marketing By Justin Kirby, managing director www.dmc.co.uk online@dmc.co.uk If you’re selling the next iPod™ or another product that has an inherent wow factor, you can stop reading now. But if your brand, service or product is not so one-in-a-million, read on – you can still generate massive peerto-peer endorsement © 2004 Digital Media Communications Ltd (DMC). All rights reserved. All trademarks and registered trademarks acknowledged. Not to be reproduced in whole or in part without the express written permission of Digital Media Communications Ltd Brand Channel White Paper, July 2004: Online viral marketing, the strategic synthesis in peer-to-peer brand marketing 2/5 Ever since marketers acknowledged that there’s too much advertising (so people have learned to tune it out), and too many media channels (which makes it harder for advertisers to reach their now-fragmented audiences), they’ve been looking for alternative ways to get consumers to buy into their brand and buy their products. Most of the solutions being explored try to re-engage and interact with consumers in an old-style, ‘top-down’ approach, whereby Above-The-Line (ATL) mainstream media activities focusing on the brand are driving the communication. [Figure 1.] Yet one of the most credible solutions to the ‘much advertising no longer works’ problem is word-of-mouth marketing, whose raison d’être is......

Words: 2275 - Pages: 10

Premium Essay

Viral Marketing

...Viral Marketing When Hotmail first launched in 1996, the company decided to try a new marketing strategy and included, at the bottom of every email its users sent, a clickable link to sign up for a Hotmail account. This simple scheme had the effect of turning every user of Hotmail into a salesperson for the product whenever they sent out an email. This tactic of turning customers of a product into promoters of a product is one of the defining traits of viral marketing and central to the unique nature of this marketing methodology. Due in large part to this strategy, Hotmail was able to grow from 0 to 12 million users in a mere 18 months with an advertising budget of only $50,000. During the same period, Juno, a direct competitor, spent $20 million in traditional advertising costs and had worse results (Jurvetson 2000). The Hotmail case is one of the earliest examples of viral marketing and definitively demonstrated its effectiveness. Viral marketing is defined as “network-enhanced word of mouth” (Jurvetson 2000). Specifically, viral marketing refers to the utilization of electronic word of mouth to transmit marketing materials in an exponentially growing manner, often through the usage of social media (Kaplan 3). The term viral was used because spreading a marketing message using this strategy mimics the exponential growth found in epidemics of pathogenic organisms such as viruses. For example, with a “fan out” rate of three, the first person exposed to a marketing...

Words: 1586 - Pages: 7

Free Essay

Viral Marketing

...Viral Marketing By Chad Thevenot, Katherine Watier, and Team Member #3 Georgetown University, Communications, Culture & Technology Program May 2001 Word-of-mouth publicity is a centuries-old marketing technique. Once customers had a good experience with a product, they would tell their friends, who would often buy and use that product and then tell other friends – dispersing information and recommendations about the product via a social network. Mary Kay Cosmetics and Amway, brands that relied on social networks to inform potential customers about their products, used this technique with great success to build highly recognizable brands. Technology makes the spread of product knowledge from one person to another faster and more efficient. Today, digital media like the Internet are the new word of mouth networks, which act as easy, additional resources for people to spread the word. "The Net amplifies the power and accelerates the speed of feedback from users to potential adopters." "People have always relied on word-of-mouth to spread the news about products and services. The Internet just speeds things along," says Charlene Li, an analyst with Forrester Research. Word-of-mouth techniques are vital to marketing on the Internet. Consumers say the primary source of credibility that makes them visit a Web site is word-of-mouth referrals, usually an e-mail from a friend, according to the Internet research firm Jupiter Research. Tim Draper, one of the founding investors for......

Words: 6421 - Pages: 26

Premium Essay

Mechanism - Engineering Viral Marketing

...full-service ad agency. At the time, Mekanism was a digital social media production company that developed viral marketing campaigns for various firms. They had great success seeing 68% annual growth in billings which was fasted than they had predicted. In 2010, they saw sequential increases in profits, but only 10% growth in billings with fewer clients signing on. This posed a unique situation for Mekanism offering a couple of options. They could remain a niche creative shop that specialized in viral marketing where they had proven success; or they could transform into a full service ad agency with a closer relationship to advertisers, and be able to afford more opportunities to leverage content into television and other traditional media. At the time, Mekanism employees were dodging requests from clients for advertising content that was currently not a focus of the company. This put Harris and Caban in a situation where immediate action needed to be taken. Viral marketing offers a great bang for the buck for many products and services. It is very quickly becoming an effective and low-cost method of getting a message out to consumers. With the explosion of advertising and marketing on the internet over the last decade, viral marketing has become extremely popular because of its ability to leverage the collaborative nature of online communities. There are some clear properties that a viral campaign must have in order to become successful. The message must present clear value......

Words: 1367 - Pages: 6

Free Essay

Viral Marketing

...Unit 4 Chapter 5 : Viral Marketing What is Viral Marketing? Viral marketing; simply the literal meaning is explains it all. Similar to “word-of-mouth”(Unit 4 Chapter 4), this marketing technique diffuses almost instantaneously. However, unlike “word-of-mouth”, Viral Marketing is mainly spread electronically, through web based technologies such as emails and social networking sites. It is safe to say that “word-of mouth” marketing is the most powerful marketing strategy. This viral strategy utilizes web based technologies to ensure that their product or service is being promoted. The classical example of a successful Viral Marketing strategy is Microsoft's Hotmail.com. At the early stages of its product life cycle, any message sent from a user contained an ad for MSN as well as a web link at the bottom of the message. Any message sent to family and friends was promoting the use of Hotmail, especially to those individuals using alternate emailing services. Anyone who received messages from Hotmail users could simply click the link and “Sign up for FREE!”. As emails were being sent, the link to sign up for Hotmail.com went viral, and the buzz of this product was passed to different individuals and social groups around the world. Within the first year, Microsoft attracted over 15 million users, today there are over 300 millions users globally. |EXAM TIP: ...

Words: 799 - Pages: 4

Premium Essay

Viral Marketing for Airtel Money

...First we need to understand the types of expenses incurred by a student while staying in a campus. These are 1) Movie 2) Restaurant 3) Canteen and Xerox Center (every collage has at least one canteen and Xerox center) 4) Shopping To create a buzz in the campus first thing which can be done is to bring the collage canteen and Xerox center under the scheme and in initial phase some discount can be given to student if they avail these service through Airtel Money. Then we have to look for specific restaurant, multiplexes and malls (campus wise) where student generally hangs around. If students are given discount on these restaurant and multiplexes, then the usability can be increased. After these the next step will be to make these students aware of the various schemes which are currently going on. This can be achieved in following manner 1) Sending SMS to the registered user on daily basis informing him about deal in his region 2) Sending out daily email giving detailed information. Next step will be to have one active page on Facebook (while searching on Facebook came across more than 5 of them) for 1) Posting daily about the current and recent deals 2) Continuously posting various facts which stating the benefit of using Airtel Money for payment over conventional method and ease of using it 3) Acting as a medium where it can be used to answer query of any user for basic information For Customer Acquisition Strategy for Express and Power accounts tie ups with......

Words: 324 - Pages: 2

Premium Essay

Dynamics of Viral Marketing

...The Dynamics of Viral Marketing ∗ Jure Leskovec Machine Learning Department, Carnegie Mellon University, Pittsburgh, PA Lada A. Adamic School of Information, University of Michigan, Ann Arbor, MI Bernardo A. Huberman HP Labs, Palo Alto, CA 94304 April 20, 2007 Abstract We present an analysis of a person-to-person recommendation network, consisting of 4 million people who made 16 million recommendations on half a million products. We observe the propagation of recommendations and the cascade sizes, which we explain by a simple stochastic model. We analyze how user behavior varies within user communities defined by a recommendation network. Product purchases follow a ’long tail’ where a significant share of purchases belongs to rarely sold items. We establish how the recommendation network grows over time and how effective it is from the viewpoint of the sender and receiver of the recommendations. While on average recommendations are not very effective at inducing purchases and do not spread very far, we present a model that successfully identifies communities, product and pricing categories for which viral marketing seems to be very effective. 1 Introduction With consumers showing increasing resistance to traditional forms of advertising such as TV or newspaper ads, marketers have turned to alternate strategies, including viral marketing. Viral marketing exploits existing social networks by encouraging customers to share product information with their......

Words: 19974 - Pages: 80

Premium Essay

Recent Trends in Viral Marketing

...RECENT TRENDS IN VIRAL MARKETING *Ritu ABSTRACT 2010 looks to be the biggest year ever for online marketing. With more and more marketers demanding results-based advertising, it is no wonder viral marketing is becoming one of the fastest-growing trends. Nothing captures the essence of viral marketing better than the description of how a virus grows. It is uncanny in its ability to remain shrouded in secrecy till it wins by sheer weight of numbers. It piggybacks on other hosts, and grows by feeding on their resources, not its own. It doesn’t need to mate- it replicates itself. And with the right kind of environment, it can grow exponentially, as can be seen by the 1’s above. Viral Marketing, naturally, is something that draws upon these fundamental characteristics of a virus- exponential growth with minimum use of one’s own resources. It refers to any strategy that encourages individuals to pass on a ‘message’ to other individuals, who in turn pass it on to other people, and so on and so forth, thereby allowing for an exponential growth in the popularity and exposure of the message. This paper examines as to how viral marketing can make a brand name stand out from the competition and some strategies important to make viral marketing campaigns unique . The paper identifies trends that will increase the likelihood of a successful online viral marketing campaign and demonstrate how these strategies market. With a discussion on how the risks and rewards of a viral campaign......

Words: 313 - Pages: 2

Premium Essay

Recent Trends in Viral Marketing

... Recent Trends in Viral Marketing In: Business and Management Recent Trends in Viral Marketing RECENT TRENDS IN VIRAL MARKETING *Ritu ABSTRACT 2010 looks to be the biggest year ever for online marketing. With more and more marketers demanding results-based advertising, it is no wonder viral marketing is becoming one of the fastest-growing trends. Nothing captures the essence of viral marketing better than the description of how a virus grows. It is uncanny in its ability to remain shrouded in secrecy till it wins by sheer weight of numbers. It piggybacks on other hosts, and grows by feeding on their resources, not its own. It doesn’t need to mate- it replicates itself. And with the right kind of environment, it can grow exponentially, as can be seen by the 1’s above. Viral Marketing, naturally, is something that draws upon these fundamental characteristics of a virus- exponential growth with minimum use of one’s own resources. It refers to any strategy that encourages individuals to pass on a ‘message’ to other individuals, who in turn pass it on to other people, and so on and so forth, thereby allowing for an exponential growth in the popularity and exposure of the message. This paper examines as to how viral marketing can make a brand name stand out from the competition and some strategies important   to make   viral marketing campaigns unique . The paper identifies trends that will increase the likelihood of a successful online viral marketing campaign and......

Words: 316 - Pages: 2

Premium Essay

Viral Marketing

... Cueto, Conrad Jonathan Del Mundo, Christopher Brian Pagsuyuin, Alfredo Jr. Tulio, Emmanuel Viral Marketing Today, the traditional marketing technique of running ads through the major media outlets – television, newspaper and radio – is no longer as effective. A large part of this is due to the rise of the internet and the new marketing segment known as Generation Y. This group of young people takes more to trusting their friends and people in their inner circle, rather than mass media ads from people they do not know. It’s precisely because of this new marketing landscape that viral marketing – that is, getting your message across through word of mouth, is so important in today’s marketing mix. Nothing works better than getting your customers and fans to do the marketing for you – and it’s a lot cheaper than running the ads on television. The key to viral marketing is to tickle the consumer’s emotions and have them really move on the message. There’s a reason that “emotion” contains the word “motion,” and it’s when you get people’s emotions moving that viral marketing really comes to life. Viral Marketing has taken on many forms and faces over the years, but some of them work really well and others, not so much. Giving out Freebies The classic example of viral marketing is Hotmail.com. Hotmail, the first free e-mail provider, would give away free email accounts to people, and append in the signature of each email...

Words: 1441 - Pages: 6

Free Essay

Viral Marketing Gangnam Style

...7 Tipps für erfolgreiches Viral Marketing Sicher ist vielen Leuten der Begriff Viral Marketing weitgehend unbekannt, trotzdem sind wahrscheinlich sind die meisten von ihnen schon einmal Teil einer solchen Werbekampagne geworden oder haben aktiv ein Produkt dadurch unterstützt. Sobald wir einen Link verbreiten, uns ein YouTube Video ansehen oder einen Artikel auf Facebook liken tragen wir zu viralem Marketing eines Produktes bei und sind uns dessen doch nicht immer bewusst. Die Frage, die aber oft im Raum stehen bleibt ist ob der Erfolg solch einer Kampagne nur Zufall, Glück oder doch das Ergebnis einer langjährigen Planung darstellt? Falls ja, wie würden diese Planung aussehen und was müssten ein Produkt besitzen um erfolgreich zu werden? Wie wurde zum Beispiel eines der neusten und bereits in der Vorlesung angeschnittenen viralen Marketingkampagnen, Psys Gangnam Style, zu einem solchen weltweiten Phänomen? Kevin Cain nennt auf seinem openview blogg vier Kriterien welche für das Produkt der Marketingkampagne sehr wichtig sind und möglichst erfüllt sein sollten damit ein viraler Effekt entsteht: 1. Entertaining – Unterhaltsam Das Produkt sollte in erster Linie unterhaltend sein und den Nutzern Spass bereiten. Dieses Kriterium wird beim Gangnam Style Video durch eine kreative, witzige Tanzchoreografie und viele Farben erfüllt. Das Video ist sehr abwechslungsreich und vereint dadurch viele Themen, die den Konsumenten ansprechen könnten. 2. Educational –......

Words: 925 - Pages: 4

Premium Essay

Sennheiser Viral Marketing Strategy

...VIRAL MARKETING STRATEGY ON SENNHEISER PREPARED BY HARSHAD MAHAJAN KETAN CHOUGULE LAVKUMAR SUTHAR Index 1. ABSTRACT 2. IMPETUS 3. DESCRIPTION OF A COMPANY 4. ACTUAL MARKETING CONCEPT 5. TARGET GROUP 6. VIRAL MARKETING STRTEGY 7. POSSIBLE POTENTIAL 8. MARKETING CHANNELS 9. RECOMMENDATIONS ABSTRACT Sennheiser is a German audio company, which produce headphones, microphones and other electronic accessories. They have a rich history and have maintained substantial position in market till now. Usage of effective marketing strategies has helped them to keep their market during recession period. People at Sennheiser say that ‘They are not obsessed with image, they are obsessed with sound’. This obsession has motivated them to be innovative in their respective field and provide premium quality products to their customers. As a result, they have a loyal customer base. Unique and funny content in their marketing methods creates interest in customers. Sennheiser arranges various marketing campaign, in which users can actively take part. This way they can make direct connection to customers and know customers demands. Social media is also important part of marketing. Sennheiser is also active on various social media sites, which is really helpful to target young people. In this report how Sennheiser can expand their customer base using effective viral marketing strategy and meet change in......

Words: 1995 - Pages: 8

Free Essay

Marketing Viral

...TABLE DES MATIERES Introduction I. Définition, historique et positionnement a. Le marketing viral : définition b. Un bref historique c. La situation du marketing viral vis-à-vis des autres types de campagne marketing sur Internet II. Les idées virus et leur importance aujourd’hui a. Définition et traits communs b. La différence entre une idée virus et le bouche-à-oreille c. Pourquoi le marketing viral a-t-il du sens aujourd’hui ? d. Le déclin du marketing traditionnel et la fin des jeux à somme nulle III. Le lancement de l campagne virale et la diffusion de l’idée virus a. L’acteur principal Le contaminateur erratique Le contaminateur efficace Les hubs réseaux b. La diffusion de l’idée virus lors de la campagne Les avantages du bouche-à-oreille Quelques principes de bonne gestion du bouche-à-oreille c. L’impact des réseaux sociaux sur l’efficacité de la diffusion IV. Le futur du marketing viral Résumé Conclusion Bibliographie Introduction À l’heure du web 2.0 et dans un contexte de mondialisation croissant, la concurrence inter-entreprise est rude. Face à une économie bouleversée, les comportements des consommateurs ne cessent d’évoluer, c’est pourquoi il faut savoir capter avec attention les nouvelles tendances du marché. Afin de se différencier, les entreprises cherchent à communiquer massivement auprès de leurs cibles. Néanmoins, les discours publicitaires détenus par les médias......

Words: 8573 - Pages: 35

Premium Essay

Viral Marketing

...8. QUESTIONS: (Choose the best response for each one) ------------------------------------------------- Top of Form 1. We haven't been very ________________________ in promoting our products. ( = we haven't been promoting our products too much) action acting active 2. We're investing money in areas where we think we can grow and be ________________________. profit profitable profiting 3. The inflation rate has been ________________________ higher by rising food and energy costs. put pushed increased 4. The ________________________ results surprised everyone. better-than-expected better-than-thought beat expectations 5. I expect this to become the next big ________________________. ( = popular thing) trendy trend-setter trend 6. Job opportunities are sometimes referred to as "job ________________________." prospects offers training 7. We expect this to ________________________ ( = change) in the months ahead. turn around turn out turn 8. They are the world's largest ________________________ of anti-inflammatory drugs. produce production producer 9. We used to make these cups from glass, but we ________________________ to plastic in 2004. swapped switched altered 10. Our factory is inspected on a ________________________. ( = regularly) regular basis scheduled visit time to time 9. QUESTIONS: (Choose the best response for each one) Top of Form 1. We haven't been very ________________________ in promoting...

Words: 338 - Pages: 2