VIRAL - VIRAL MARKETING STAMPEDE - Imagine getting thousands of visitors to your site! EVEN SFI!
Viral Marketing Stampede
Imagine getting thousands of visitors to your site, or logging in to YouTube and
seeing the number of views of your last video climbing into the millions.
What
might that kind of attention do for your business? Would you earn more sales?
Gain more customers? Make more profits?
What if I told you all that is possible with just a little effort and a nifty little
marketing tactic known as Viral Marketing?
Think for a minute how a real virus spreads, and you'll get a sense of what a
viral marketing campaign looks like. It starts with one person, who passes it on
to several more people, who each pass it along to several more people, and
before you know it, you have thousands – or maybe millions – of people all
continuing to spread the virus to their friends, family, colleagues, and
customers.
Now that's not so nice when it happens with the seasonal flu, but when it's your
brand that's spreading at an exponential rate, it can be pretty good for the
bottom line!
Definition of Viral Marketing
Web Marketing Today defines viral marketing like this:
"Viral marketing describes any strategy that encourages individuals
to pass on a marketing message to others, creating the potential
for exponential growth in the message's exposure and influence."
What does that mean, exactly?
Basically, the goals of a viral marketing campaign are to
• Get readers/viewers/customers to share your content via social networks,
email, or any other communication network
• Extend the reach of your message through this sharing, and provide
exponential growth of your customer base.
• Increase your brand recognition
• And do it all without a huge advertising budget – that's the magic of viral
marketing.
There's something else to remember, though: Just because it's viral, doesn't
mean it's marketing.
A funny video of your cat fighting with itself in the
bathroom mirror might very well go viral on YouTube, but so what? What good
does it do you?
Did it get your brand out there? Do all the millions of people
who love funny cat videos care about your brand?
Remember the big marketing
rule about finding a targeted audience, because lots of traffic doesn’t mean
anything if they're all just passing through on their way to somewhere else.
Sometimes in a viral campaign, the campaign is the product.
Think of Nicole
Dean's Blog World Tour product for example.
She was guest blogging as a way
of promoting her new product about guest blogging. She incorporated her
campaign right into her product, with spectacular results.
In this ebook, we're going to look at some examples of great viral marketing
campaigns, and examine what works and what doesn't when creating a viral
marketing strategy for your business.
We'll talk about the parts of a successful
viral marketing campaign, and I'll provide examples you can use in your own
business, whether you work online or off.
Finally, we'll look at how different
business models can use viral marketing to make more sales and improve their
bottom line.
Ready? Let's start a stampede!
History of Viral Marketing
Even though you're probably most familiar with the term as it relates to
Internet businesses, viral marketing has been around for as long as marketing
has existed.
Before computers - before the invention of the television, even -
people relied on word-of-mouth advertising and viral campaigns to bring in
sales.
Think of the barnstormers that roared across the United States just after World
War I.
They'd fly low over a small, rural village, catching the interest of the
locals, then set up makeshift air field at a farm outside of town and wait for the
crowds to arrive.
And the crowds almost always did. Why? Because the news -
and excitement - of the flying machine spread like a virus, even without the
help of modern communication.
Now you can see that even though the old barnstormers used a form of viral
marketing to bring hoards of curious onlookers and wannabe stunt pilots to see
them perform (and spend their money), this virus had a limit.
Rural towns and
villages are small, and travel at the time was slow, so the crowd size was
naturally limited.
Here's another example you might be familiar with: The Grateful Dead.
At a time when record labels and bands were searching fans at the door to
make sure they weren't carrying any recording devices into a live show, the
Dead actually encouraged it.
They wanted their fans to enjoy the show, and to
share it with their friends and family.
Whether on purpose or not, the Grateful
Dead were utilizing a viral marketing strategy that built their fanbase quickly,
and that continues to work today, 25 years after Jerry Garcia's death.
Today, advanced technology has made it possible for viral marketing campaigns
to spread across the globe in a matter of hours.
Unlike the barnstormers
limitation of playing to just the local crowd, or the Grateful Dead's reliance on
physical cassette tapes passed hand to hand, marketers today have the
advantage of an enormous web of interconnected computers.
Even the smallest
marketer in the tiniest corner of the Internet has the potential to reach millions
of potential customers, all without leaving her office.
Some of today's largest companies have their roots in viral marketing
campaigns – although in this case it's called network marketing.
Amway
Corporation – ranked by Forbes as one of the largest private companies in the
United States – relies heavily on network marketing to recruit new partners and
keep their business growing.
With sales of $8.4 billion in 2009, it's clear their
campaigns are successful.
Whether you call it network marketing, viral marketing, or something else, the
practice is sound, and can work for virtually any business model.
Let's look at
some viral marketing examples that have performed well online.
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