Viral Marketing

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Viral Marketing Viral Marketing www.marketingamnesia.com

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Viral Marketing - Key Success Parameters

Transcript of Viral Marketing

Page 1: Viral Marketing

Viral MarketingViral MarketingViral MarketingViral Marketing

www.marketingamnesia.com

Page 2: Viral Marketing

MARKETING AMNESIA Image Source – http://gapingvoid.com

What’s wrong with status quo!!What’s wrong with status quo!!What’s wrong with status quo!!What’s wrong with status quo!!

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Why get them to talk!!Why get them to talk!!Why get them to talk!!Why get them to talk!!

You are Broke

Bad Credit Rating

VC’s don’t like your

face

$$$$$$

Image Source – http://www.scottphree.com

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Why will they talkWhy will they talkWhy will they talkWhy will they talk

Phenomenal Product

Better Product

Phenomenal Communication

PR

WOW!!

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Phenomenal ProductsPhenomenal ProductsPhenomenal ProductsPhenomenal Products

Image Sources

http://www.uncrate.com/men/images/2006/09/nintendo-wii.jpg

http://www.wiiwii.tv/wp-content/uploads/2007/04/wii-sports-1.jpg

http://www.mobilewhack.com/10-15-07-iphone.jpg

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Viral CommunicationViral CommunicationViral CommunicationViral Communication

Airtel – Chaalis Chor Makemytrip – Chiddiya Udi

Viral Source – webchutney.com

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How can you get them to Talk!!How can you get them to Talk!!How can you get them to Talk!!How can you get them to Talk!!

Buzz

ViralWOM

Increasin

g A

uth

enticity

Decreasin

g R

each

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Defining a ViralDefining a ViralDefining a ViralDefining a Viral

• Online advertising campaigns and messages that depend on peer to peer forwarding to spread like a “virus”– Video / Audio / Flash / Joke / Article / Microsites

• In other words – Content!!

• Why Go Viral– Consumers are bored of traditional advertising– Clutter free!!– Exponential reach

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Viral - Key Success ParametersViral - Key Success ParametersViral - Key Success ParametersViral - Key Success Parameters

• WoW!! It is fun, stylish, sexy, innovative or cool

• “Finder” vs “Spammer” - Forwarder should be looked upon as the Finder. – Finder should be seen as cool and receiver of the forward should be

entertained

• Critical User Base – Seed the viral to a critical user base - required to achieve exponential growth

• “Make the logo bigger” – Doesn’t work!!– Content is King!! People forward creative content, not the brand!! In

your face marketing lowers chances of being forwarded• Exceptions – Tata Nano, iPhone, Wii etc.

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Why should the consumer forwardWhy should the consumer forwardWhy should the consumer forwardWhy should the consumer forward

• Timepass entertainment!! Cool!!

• Monetary Gain!!– Finder vs Receiver!! Who should gain??

• Social Do Gooder!!

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Finally - Make it easy for them to talk!!Finally - Make it easy for them to talk!!Finally - Make it easy for them to talk!!Finally - Make it easy for them to talk!!

• Embed in a blog• Email a friend• Share with your email address book• Share on facebook• Social Bookmarks• And many many more…

• Basics Being– Use existing networks and communication

mechanisms

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ReferencesReferencesReferencesReferences

• Viral Advertising in 2005 - Top 7 Tactics, How-Tos & Measurement Data– MarketingSherpa Special

• Online viral marketing: the strategic synthesis in peer-to-peer brand marketing– Justin Kirby, Managing Director of DMC

• The Word on ‘Word of Mouth’– Dave Balter, President of BzzAgent

• Viral Marketing– Russell Goldsmith, Prentice Hall Business

• Buzz Marketing with Blogs– Susannah Gardner, Wiley Publishing

• Viral Marketing Strategies– Brice Le Blévennec, President, Emakina

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