If you have read the introductory article you know by now
what Viral Marketing is, at least the basics of it. Let's
review some of the positive aspects of this marketing method:
1. Low Cost
The costs of implementing Viral Marketing are very low; it
doesn't cost anything to verbally share. As the very method
of Viral Marketing is based on mouth-to-mouth communication,
conducted by your prospects and customers, they actually do
the marketing for you!
2. High Coverage
We can reach a potentially huge audience using Viral Marketing
with a very low marketing budget by providing tools people need
and can promote themselves.
Let's first take a look at the simple example of how viral
marketing was used to build one of the largest online
communities today - Hotmail (www.hotmail.com). Hotmail is one
of the best-known free eMail service providers on the planet,
and they were one of the first. Their strategy was simple -
give people free eMail and add an advertisement about
themselves in each eMail message sent through their services.
This way they reached hundreds of thousands - whenever someone
received an eMail from someone using Hotmail they were also
notified they can get the same kind of free service anytime
they please. So Hotmail didn't have to spend much on promotion
of its service - their users did that for them, for free!
But Hotmail is only a basic, almost textbook, example. One of
the best examples of excellent use of Viral Marketing is
provided by the Mailing List and eZine server providers like
Topica (www.topica.com). They provide an easy to use service
that enables eZine publishers to quickly publish their eZine
and at the same time keep up their subscription database.
They are using the same system as Hotmail, only this time,
whenever a message is sent through their service thousands
are notified of it (because of the large subscription bases).
And since other eZine publishers are subscribed to eZines
published through their services, they are reaching their
target audience every time an eZine gets issued. They are
using lists of people others have collected to promote their
own program, for free!
3. Reputation Building
Whenever someone gets hold of your viral publication, or
whenever someone is informed of your service via mouth-to-
mouth communication, your reputation gets a boost. And a
good name means people will buy sooner, from you, and more
often. Viral marketing can be used as a strong part of your
branding strategy. Every time someone informs someone else
about your service in a positive way your brand name value
increases.
4. Effective in Combination with Other Marketing Methods
The best marketing methods are those you can use in combination
with other methods to generate the best possible results, and
viral marketing can be combined with a large list of other
methods to help you to your success.
Let's look at a basic example first - Viral Marketing works
best in combination with eMail marketing, since eMail marketing
provides Viral Marketing with a great communicational medium -
the eMail. Want to go on?
How about viral marketing with database marketing? You can
and should use your viral tools to build your database of
targeted prospects that you can later use as an integral part
of your eMail marketing campaign.
Viral Marketing works well with basically every other marketing
method out there, because it is based on human interaction and
mouth-to-mouth communication. It will help you reach your
target audience, it will help you make a sale, and it will help
you with your branding strategy and much more ...
5. Effective as a Cross-Reference Tool
Some Viral Marketing tools, such as eBooks or Free Reports can
actually be considered cross-reference tools as well. You can
write a Free Report on something with a special promotional
purpose for one product in mind and base the whole report
around that. But you don't always make a sale, especially if
the prospect that orders your report is interested only in the
information you provide them with, and not your product. By
including links to other products in your publication you
actually increase your opportunity of selling at least one
product; even if that product is not the product you intended
to promote with the report in the first place, it just might be
a product your prospect wants!
6. Tools Are Easy to Develop
You can develop some basic Viral Marketing tools yourself
without any cost and with very limited knowledge. Yes, yet
again we speak of informational products, such as eBooks. You
can write an eBook on a very specific subject you know very
well and still promote things that are not connected with it in
it. If your free informational product is well accepted by your
public they will forward it to other people. Their promotional
efforts in "sharing" the informational product will include the
promotion of any other products you originally included in the
information. eBooks are a very easy item to develop, and you
should use them for a Viral Marketing tool, but only if you
won't be selling them.
7. Third-Party Promotion
Sometimes we develop things other people want to use as a
special part of their promotion as well, like an original
article for example. Therefore, you should always equip your
articles with a resource box that tells readers about you and
how they can contact you for more items that will benefit them.
Some develop electronic publications strictly by using articles
from other people, and then they promote them. Therefore, every
time someone gets hold of their publication and reads your
article you are being promoted by a third person, without any
involvement from you.
Every time someone publishes an eZine with your own original
article he or she is promoting you! So by developing special
viral promotional tools, such as articles, we can actually have
our business promoted by others.
These are just a few examples of the positive side of Viral
Marketing that should give you some good insight on the method
itself.
Have you ever heard of a craftsman whose products were so
good that people from other countries came to buy from him?
He earned a reputation of being the best in his field by mouth-
to-mouth communication, and that is what Viral Marketing is
really about, and about making our tools available so others
can promote our products for us!
© 2000 Rok Hrastnik
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