Marketing Seminars - e-mail marketing
Thursday, April 24th, 2008Viral Marketing: Sneezing Via Email
By Akhil Shahani
If you’ve never heard of viral marketing before, we won’t blame
you for thinking that it’s the FDA’s problem! This rather
sinister term was coined by some very respectable people
belonging to a venture capital firm called Draper Fisher
Jurvetson (DFJ), who described viral marketing as a
“network-enhanced word of mouth”. Simply put, that means getting
your existing clientele to act as brand ambassadors for your
product. And the amazing bit is that it’s quite involuntary!
(Have you noticed what appears at the end of every email sent
from your Yahoo account?)
Let’s see how this works. Practitioners of viral marketing
leverage their customer base to pass on a marketing message to
others in their network. The recipients of such messages, in
turn, pass the same onto their contacts, and so on. Before you
know it, the message will have touched a multitude of people,
pretty much like an epidemic. We see you’re getting the
picture…..
This is old-hat, you say. Nothing other than network marketing,
a trick that’s been employed by legions of marketers! True. The
only difference is that this kind of marketing has succeeded
beyond imagination with some internet based businesses. In fact,
the good folks at DFJ invented “viral marketing” as a tribute to
Hotmail’s success. Not surprisingly, the term is usually
associated with internet-centric business models.
Like any other trick, not all viral marketing campaigns
succeed. Certainly, only very few work as well as Hotmail does.
Why did a particular program work? It has been observed that
successful campaigns had some or more of the following
characteristics.
Something or the other was FREE: This never fails to work.
Whether it’s a free email account, or a larger mailbox or
screensavers or that trial software for Arabic translation, the
word FREE grabs eyeballs like no other.
It was fully transferable: Viruses love travel, and it’s the
same with viral marketing. A short and sweet marketing message
as a tag at the end of each email, or an easy to download
graphic improves chances of the epidemic raging.
It pressed the right buttons: As with any form of marketing,
this too exploits an implicit need. If you’re not part of an
instant messaging group, you’re out! If you don’t blog thrice a
week, you should be in a museum! At the heart of every
successful campaign is its ability to create a feeling of
community.
It networked, so didn’t perish: And that’s the crux of the
whole thing. Social scientists say that each person has about a
dozen people in his or her close network, and perhaps hundreds
in an extended one. Viral marketing campaigns that find a way of
entering communication between people have a better chance of
making it. Riding on the back of someone else’s success is
another effective way of spreading the good word about your
product. Affiliate marketing programs work on the same
principle, by using traffic on popular partner websites to their
advantage.
Regardless of how individual programs are structured, the hook
is an implied endorsement from a friend or trusted source. The
power of communication technology has helped elevate this rather
simplistic proposition into almost an art form. Whether your
campaign makes a pretty picture or not is another story
altogether!
About the Author: Hi, I’m Akhil Shahani, a serial entrepreneur
who wants to help you succeed. If you like to work smart, check
out http://www.SmartEntrepreneur.net. It’s full of articles and
resources to help you start and grow your business successfully.
Please visit us & download our special ‘Freebie of the Month’!
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