Posts Tagged ‘viral marketing’

Viral Marketing Tools - Creating Media that Spreads Like Wildfire

There are thousands of viral marketing products and tools available on the internet. You should be really careful and do your research before you choose. You don’t want to be tagged as a spammer. Here is how you can avoid that.

A questions you could ask yourself it do you have a great product or service? Will clients be completely satisfied and refer your service or product to friends and family? if not, then viral marketing campaigns will have little value. 

this type of campaign relys on the fact that when individuals have a memorable internet experience, they are likely to share it with 12 other people, or even more. That information is according to the Opinion Research Council. 
Now, if they have a bad experience, they will still tell 12 people about it. Some people will also go the extra step and publish reviews online. In most cases, when consumers have a unpleasant experience, they often want everyone else to know about it, misery loves company.

So first, you want to ensure that the majority of your customers or clients will be satisfied. You can never please everyone, but you must try to do your best at it. 
If one person tries your product and tells 12 friends, they will tell 12 other friends and so on. That’s how the virus reproduces and spreads itself.  Some people say that you cannot make this virus happen, that the product must be good enough to create it.  That may be true, but viral marketing products are still useful.

Your goal may be to increase your database and make people aware of the scope of services that you have to offer, as opposed to sending out thousands of email messages every week. That is one of the many services that some of the larger companies can provide. They make keeping in contact with your existing clients a whole lot easier. They propel your clients to pass along the information with friends, family and even business associates. In doing so, they are able to collect more e-mail addresses, that’s what creates this virus.

It is far different from spam, because the only people that get these e-mails are those that have requested it or those whose friends have suggested it.   There are some free services on the web, but the value is questionable.  If your e-mail is going to end up in someone’s spam filter, what’s the point in sending it? Unfortunately, if the service is no-charge, it may be a waste of your valuable time.

If you’re like most business owners, time is valuable, like they say, time is money.  There are some viral marketing products that are worth the money and save you time.

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Discover the Secret to Creating a Stream of Endless Referrals

Endless referrals are possible for anyone with the advent of the Internet. Endless referrals mean for you that you have an exponentially growing business which is constantly making you more and more money while you do relatively little in order to get all that business.

There are essentially two methods of using the Internet to generate endless referrals: viral marketing and affiliate marketing. Viral marketing is essentially exclusive to the Internet. Affiliate marketing has been around for a long time, but is made easier and more powerful by the Internet.

Affiliate marketing might be difficult if you are offering a product in a niche market. However, if you are offering a product or service that has broad appeal, such as teaching everyday people how to make serious money with minimal risk by investing in e-mini futures contracts on the stock market, then affiliate marketing will work wonders for you.

With affiliate marketing, some of your customers turn into people who work for you. Once you have many affiliate marketers, they will be getting you just about all of your new business and newly generated revenues, this being the reward of the knowledge and training you gave them. They will pay a small percentage of all of their revenues; or, you could set it up so that you pay them a large commission for every sale they are connected to, you keep the balance of the profit. So, each time they sell one of your products for $100, they get $40 and you keep $60.

The most important factor with affiliate marketing is that you allow the affiliates to duplicate your own business model exactly with great ease. You want to have thousands of ?offices? open that will run like the original one. The way to get affiliates is to set up the opportunity and list it as a link at your website when you first start your business.

With viral marketing, you will use the benefits of social networking sites. This will be sucessful no matter if you sell to a niche or do not, it may work even better with a niche. Viral marketing works is based on the assumption that friends of your existing customers will follow their recommendations and come deal with your company. This is a very viable assumption.

Viral market your operation by making use of sites such as Digg, Twitter, Facebook and LinkedIn?s Buzz Up, and the ever growing array of other social bookmarking and networking sites to make yourself known in a relate-to-you oriented way rather than a sales and marketing way. People who relate to you will find interest in what you offer and become your customer. Then, they start telling others about you, and even may send them right to your site. After a while, new sales (and repeat business) become seamless?for you are getting endless referrals.

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The Client Catcher - Getting Referrals For Your Company

Getting referrals is the key of any successful business especially if you are running your own business with a fixed ad budget. If you’re not getting referrals, then you had better have an absolutely gigantic advertising budget the likes of which few business owners have, and which those who do wish they did not need to spend.

Why should you bother to get referrals? Referrals are free leads. Each referral you get costs you very little in either money or time, because they are actually part of your compensation for giving your existing clients excellent products and/or excellent service. The true cost of all of your referrals is then just the money and time you invest selling to your existing customers. If you have a spectacular product and your service is second to none, they will give you referrals.

Every referral you get is a lead you did not have to buy, did not have to cold-contact, did not have to qualify, and did not have to pay to advertise for. Every referral you get has been given, in a way, a testimonial about your company at no cost to you and no effort to you.

It is not hard to figure out that by getting referrals, you are virally growing your business. Remember that old TV commercial about the shampoo that was talked about to two friends, and so on and so on, this is how it works

A referral is someone who wants to talk to you. It is someone who wants to buy specifically from you. It is not someone who finds your approaching them disturbing or irritating. Its not a person you have to spend a lot of time trying to pre-qualify.

So, what are some of the ways that you can use to start getting referrals?

1. Simply make it a rule to ask for them. Make it a mandate at your company to ask for a referral each and every time you are in contact them, either to service them or showing them a new product. In sending newsletters, have a section where you ask them to refer anyone they know who could use what you offer, and to contact you with their information.

2. Always do the very best you can for your existing clients, and try to send a thank you notice with each puchase to show you appreciate them.

3. Keep personal relationships with your clients if possible. Remember their birthdays; think of ways to reward them for remaining clients such as by giving them special client discounts off newly released products; and other things that you think of to show that you care.

4. Exchange site links with all of your clients who also have businesses websites.

You will never have make yourself as much money, as easily, as when getting direct referrals to your company.

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Viral Marketing - Spin It Like a Pro

How do you define viral marketing and what exactly is it?It is an especially effective advertising technique that uses a pre-existing network to enhance public awareness of a brand or service.It is comparable to word of mouth of advertising, however, when you use electronic communication, it allows you to reach out to people on a global level, relatively quickly, for a minimal monetary investment.

It can be paired with other advertising, such as a TV ad campaign or direct mailer.Technically, many forms of media can be used.Using the internet, campaigns may contain emails, video, games, images, graphics, text messages or even banner ads.  Newsletters are used by many companies and charitable organizations as a way to “get the word out”.

Now that you know the answer to what is viral marketing, you might want to know what makes it work.  Traditionally, it would work because one person told their friend about a great product they just tried, something interesting that they saw or a new company that was providing “awesome” service.Via word of mouth recommendations, the company would attract new clients to their front door.

Today, surveys have shown that when a single person finds something interesting on the web, they share it with an average of 12 other people, who share it with 12 of their friends and so it goes.  The company name spreads in a way that a real virus spreads, via contact with others.   

So, that covers what is viral marketing and what makes it work.Now, think about how can you take advantage of this?How is it possible to go about creating a virus?The list is virtually endless on how to do it.

To isolate your "niche" is a great place to start.Who is the target market that would be interested in your products or services?Are you a member of any clubs or organizations where you might find customers?  You might consider joining a professional group.The members in the group might eventually be your customers and they could refer your business to their own customers.

You could publish an online newsletter or invite people to sign up for one, using your website.  You can pay for a list of e-mails and get started that way.There are some email plans that will not cost a dime.Try many things.There may be one that could work better with your company.

How do you define viral marketing and what exactly is it?  It is a simple solution that can help you grow your business, whatever that may be.

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Viral Marketing Examples for the Best on the Web

Here you will see some viral marketing examples that are considered effective by Business Week and other experts.The several techniques used are unique and they were effective for many different reasons.Some inspired curiosity. 

Business Week in 2001 cited the advertising for the Blair Witch Project as a perfect example of viral marketing.The brilliant ad campaign insinuated that the footage was “real”, captured on film by a group of college students that had mysteriously disappeared, leaving only their video camera behind.

Previews were seen on TV and then posted on the internet.Viewers were highly encouraged to share the footage with all their friends.The film grossed over $248 million and cost only $35,000 for the production.Who wouldn’t want to experience profits like that?

Burger King’s “Subservient Chicken” was listed in Wired as a highly successful example.It is difficult to assess the exact amount of new business that Burger King has attracted with this campaign, it is a popular website.

Some more “down to earth” viral marketing examples for those of you that may be trying to grow your own business are newsletters and automated e-mails.  With minimal software, you can suggest that visitors to your website sign up for your newsletter.  That gives you their e-mail address.  

With each newsletter, you might ask for the e-mail addresses of friends that would also be interested in your products or services.You can envision how this could exponentially increase your contact base very quickly.Do not worry about being called a spammer, simply because the customer requested the newsletter. 

One of the most effective viral marketing examples, according to many experts, is the single line method used by “Hotmail”.  They allow people to sign up for free e-mail.At the very bottom of every complimentary email a person sends, there is a single message that reads “Get your private, complimentary email at http://www.hotmail.com”.  The website address is also a link. 

All that they had to do was wait for thousands and thousands of people to sign up without much to do other than sit back.  People love free stuff.The most effective campaigns always offer something complimentary, whether it be playing with a virtual sheep or reading a newsletter that are highly relevant to the individual.

When you are able to get people to tell their friends about your product or services, the ripple effect spreads like a virus, which is why the phrase was originally coined.There are so many other viral marketing examples.Anyone that is not at least attempting to do it is not growing their business as much as they could.

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Viral Email Marketing: Learn the Secret to Massive Traffic Growth

Although viral email marketing may sound like a “bad” thing, it is not spam.  You are not paying for a list of random e-mail addresses, accumulated by some other company.You are specifically encouraging your existing customers to tell their friends about your products or services. 

It is the same as word of mouth advertising, is comparable to multi-level marketing and it is extremely effective.  The right campaign for your business depends on what your company sells or the services that you offer.But there are a total of six basic elements that make up any successful strategy.  First, you have to give something away.

Correct, you are in business to sell items, but people love free give away items.What item you can give away depends on your company.  It may simply be information, like a free newsletter, delivered via e-mail.  You might offer an item, like a bumper sticker, but in order to get the “special” bumper sticker, the customer might have to pay for it. 

Candidates during the most recent presidential campaign utilized this method to get donations.  When a person signed up to receive their free bumper sticker, they were asked to tell some of their friends about it.They entered the e-mail addresses of some of their friends and a viral email marketing strategy was started.

The second key element is the ability to transfer the information with ease from one person to the another.E-mails are the best for this.With a little software or a dynamic marketing company, the entire system can be automated to the point that you never need to do much of anything. 

The third element is to have the structure to handle the huge increase in business.What if the virus spreads too rapidly and you become saturated with new orders that you are unable to fill.  That’s one of the things to think about before you partake in a viral email marketing campaign.

The fourth and fifth points are to take advantage of usual motivations and existing communication networks.  Common human motivations are greed, the need to be loved, popular and understood. 

The existing communication networks are the e-mail addresses that most people have.Sociologists say that most individuals have a network of at least 8-12 people with whom they are close to and communicate with frequently.  Your goal is to encourage each of your customers to give you those e-mail addresses or, at least, send your message along to them. 

That’s how viral email marketing works and is the last element of the campaign; taking advantage of the resources of others.

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The Real Definition of Viral Marketing

The definition of viral marketing depends on who you ask.Few individuals say that it is an unethical strategy like spam.  But, truthfully, there is nothing unethical about it.Companies that make use of it are relying on word of mouth advertising to virtually sell their business, and word of mouth works exponentially.

Do not forget Mary Kay.They are overpriced cosmetics that are not any better than other cosmetics on the market.The company has maintained its success for one reason.Women purchase them and then recommend that their friends buy them. 

In order to be a high level Mary Kay representative, you would truly believe that the Mary Kay product is better.  You would then tell all of your friends that the product is better.Next step, you would ask your friends to offer the cosmetics.Then, they would tell their friends, and so on.

That's real definition of viral marketing.It is word of mouth marketing.You tell your associates.  They tell their friends and the process continues exponentially until you, the business owner, have generated more sales than you might have ever dreamed possible.

It is commonly called a virus, because it multiplies, easily and readily throughout the population.Any advertising strategy that invites and encourages people to pass along your message to friends is a viral marketing strategy. 

There are many classic examples of this strategy.“Hotmail” is the one.They usually offer a free service and every time that an person takes advantage of that service, by sending an e-mail, they also broadcast an advertisement to the recipient, asking them to sign up for their free e-mail service.

People always love free stuff.That’s the guts of the definition of viral marketing.  You offer something free, in order to generate sales at a later date.You must to be willing to wait.It may take time to see the sales figures increase, but they will eventually.

The free gifts keep your company’s name right in front of the consumer.  It is not unlike the free calendars that insurance companies, florists and other businesses offered, before the popularity of the internet.Each day, every customer saw that company’s name and anyone that came by their house saw it as well.

Now, you can reach thousands and thousands of customers with a single regular e-mail.  What’s the real definition of viral marketing?It is getting your name out there, where everyone and anyone can see it.

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Creating Social Proof With Word of Mouth Marketing

In many respects marketing by word of mouth can be said to be the “hidden statistic” for all programs, as it’s well near impossible to actually gauge the effectiveness of marketing done this way. However, it also should be noted that most every product in the digital age has used this method to enhance puclic and corporate awareness of the product.

A recent study proved that two thirds of online marketing will be done on this basis alone in the coming year, which when coupled with the advent of Web 2.0.0 social networking and social marketing sites point towards promoting your product by word of mouth may be both more cost effective, and have an increasingly better ROI than more “traditional” online advertising media.

Think about the business model of the current social networking sites. There has yet to be a successful site of this type that charges monthly, relying instead as they do on ad generated income. While there is no metric that can be used to measure marketing by word of mouth, there is one method of knowing if your campaign is worth while – sales.

A company should know from their output volume exactly the change between before a campaign, during a campaign and after a campaign. This gives businesses a measurable statistic to show effectiveness of this type of marketing. It is true that not all businesses need or desire this form of sales technique, but is also through that not one business turns away prospects garnered from the by word of mouth method either.

Whatever your area of expertise, a study completed by Hill and Knowlton this year showed that decision makers are highly influenced by personal experience’s (58%), with recommendations tied at 51%. Coming in at a smaller than expected third was direct marketing at 21% with internet advertising lapsing to 17%. These figures may only reflect the purchasing habits of key decision makers, but a young lady in Oregon deciding to buy one car insurance or another IS the key decision maker for that purchase, and her buddy Becky telling her to go with this company over that company will have a greater influence than any gravel-voiced actor pushing the product in a TV advert.

Essentially, this statistic can reflect any industry, any segment, if each purchaser is the key decision maker. This makes the re-appearance of the world’s oldest method of marketing a no brainer – so get talking or tweeting, but tell everyone!

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Word of Mouth Marketing Research - Gain The Insight To Go Viral

Not all people tell the truth, so it’s unlikely that everything you read on the web is going to be fact. To counter that, especially when in connection with something as ethereal as word of mouth information, listed here are a number of statistic’s and sources that you (if you so desire) can check for accuracy at your leisure.

1. Family and friend recommendations are more infuential when giving out word of mouth information (AdAge).

2. Traffic to a site that posts reviews will typically return to that site nine times, and are twice as likely to purchase from that website than others (source: McKinsey and Co.Jupiter Media Metrix).

3. Consumers have a higher level of trust with friends more than experts or celebrity endorsements (65%, 27% and 8%, respectively; Yankelovich).

4. A Nielsen worldwide study of some 26,000 users in over 40 markets reported that consumer recommendations were the most credible form of word of mouth information advertising within the 70% plus of respondents.

5. Way over 116 million user generated comments were made.S. in 2008 alone, with an additional creators of content totaling 82 million. With the massive influence of Web 2.0 and social networking, these figures are sure to climb (source: eMarketer.com).

6. Social network members are three times more likely to buy a product from a recommendation from a peer rather than any other form of advertising. (Jupiter Research).

7. 86% of people asked said they would go with a friend’s recommendation over any experts, 83% also say they would go with user generated comments over a expert critic’s (Marketing Sherpa).

8. 66% of social networkers are more inclined to purchase because of a recommendation, as opposed to 52% that aren’t social networkers (Royal Mail home shipping tracker).

9. 81% of holiday shoppers read user generated reviews before purchasing (Nielsen Online).

10. Consumers totaling 86% read reviews on businesses before buying, with over 90% saying that they trust those reviews (Kudzu.com).

11. 49% of shoppers stated that they have made many of their purchases based solely on the strength of consumer reviews. Of these numbers,53% decided on the strength of user reviews;48% due to comparison charts;41% relied on editorial reviews and comments;58% from shared shopping lists.

12. Nearly two thirds, or 62% of home-based consumers read online user generated product reviews before deciding to buy (source: Deloitte and Touche) as well, 62% or these consumers did state that they would also read through sites with user reviews in order to make any entertainment purchases (source: Marketing Sherpa).

13. 7 out of 10 people who browse consumer generated reviews are more likely to share the information, which amplifies their impact (Deloitte and Touche).

14. 74% of surveyed consumers state they base purchasing on user generated reviews of their customer rating for a product or company (Society of New Communication Research).

As you can see, word of mouth information coming from trusted sources such as friends, consumers, etc. is the most powerful form of advertising.

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Explode Your Web Traffic Using These Viral Marketing Tools

The internet offers hundreds of viral marketing tools.Choosing a service can be difficult and a bit tricky.If the methods that the company uses are ineffective, then you have spent your money with little hope of return on investment.  Find out what benefits the company offers and what fees they charge.Review the fine print in any agreement that you put your signature on.  Those are the basics.  Here’s what a good company can do for you.

They can generate unlimited referrals for you business.  It is primarily your responsibility to convert those referrals into buyers.Sometimes ad campaigns fail to impress, not because there was not enough traffic driven to a website, but because the website failed to convert the traffic into a client.  Before you invest in a service to drive traffic to your site, be sure that your website effectively sells your business.

Effective word of mouth advertising ensures that consumers are frequently reminded of the services or products that you have to offer.That can be accomplished with broadcast e-mails that include your company’s brand.A few of the better companies generate those e-mails for you, saving you and your employees time and money.

Before you invest in viral marketing tools, be sure that the company will provide a measurable return on your investment.  They should provide detailed reports concerning the number of referrals generated, the click-thru rates and the percentage of customers that buy, using the links that they generate. 

They should also be able to assist to retain your customers by continuously keeping you in contact with them.This also generates new clients.If one of your current customers highly recommends your products or services to a friend, you will often make a quick sale.People are influenced by their friends’ opinions.They are often wary of advertising campaigns.

If you would like to make your company more “green”, choose some good internet viral marketing tools, rather than direct mailers.  E-mails are paperless and they are likely to be more effective.It has been estimated that more than 40% of direct mail offers end up in as garbage.An excellent e-mail campaign can generate a 50% referral rate, without wasting paper and creating garbage to do it.

If you select a good company, you can generate another stream of revenue by referring other businesses to their services.It could be as easy as including a link to the company’s website on your pages.  The bottom line is that effective viral marketing tools can help you earn in several ways, as long as you choose the right company.

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