Friday, March 9, 2012

Viral Marketing and Online Business

The Internet is a vigorous communityplace, and everyday, businessmen, entrepreneurs, and innovators are finding ways and means in order to maximize its potential. Others opt to build their personal tools; others innovate on previous methods.

The same is true for marketing strategies of various companies (both start-up and established) online-some employ tried and tested method, like multi-level marketing; others build their own methods, at times from the simplest of inspirations. Viral advertising however, is a newer phenomenon than multi-level publicity.

Viral promotion was said to have began after a California-based animator decided to send the graphic animation of the popular ?dancing baby? to a couple of friends. After a considerably short amount of time, the animated file was stranded appended in numerous emails being passed around online.

What is viral advertising anyway? Viral promotion in its very nature, aims to utilize existent social networks existent in the Internet. This is done by sending out service samplers (as in e-books, documents, graphics, etc.) and, in effect, having the persons using the Internet to pass around to individuals they know what they would deem to be interesting or useful content.

This means that viral techniques are very much reliant on a word-of-mouth mechanism. By giving away for free a sampler of an item or service, primary recipients can forward and refer the enterprise to the individuals they know; what this necessarily does is that it allows any party to market over a huge sell with less effort, and provides the benefit of being personally referred by one person to his or her friend, magnifying whatever credibility that the firm wishes to launch.

But what other viral techniques can be considered when deciding to employ viral marketing? There are a huge number of variations of the technique, but listed below are some of the more energetic methods:

1. Build an award. Many start-up websites, even as small as just interest-based websites, devised endowing awards on artists, songwriters, or web masters upon the quality of the work they do on the website. The website drafts a picture or graphics to represent a particular award, then send out emails to numerous entities informing them of their being evaluated for it. Recipients of the award may then be asked to post the award on his or her website, containing a link to the company?s website.

Creating this sort of award creates a semblance of ability on the part of the company, generating even the more skeptical potential customers find a level of acceptance for the item or service. Moreover, the website of the award recipient will end up being another one of the many portals and access points through which the company?s website can be accessed from. More importantly, the firm will inevitably receive the positive perception it wants to attract from a word-of-mouth system when it distinguishes truly remarkable and award-worthy entries; this way, the enterprise will inevitably be associated to the subject of excellence and quality.

2. Providing an email account is one of the most logically appealing choice when it comes to viral techniques. By providing an email address, the firm is in fact building a level of patronage from users, and creating the want for continuous access to the website.

What makes it suitable for viral marketing? Aside from simply promotion content, providing an email address is an almost automatic advertisement for the firm. Every time each person writes his or her Internet address, it would be inevitable to necessarily endorse the business by the domain name appended to the email address (i.e. john@domain.com)

3. Offering a free newsletter with bonuses is actually another effective viral strategy. This not only gets the attention of people, but even makes people who would have otherwise been indifferent to the advertising technique consider it because of the compensation in the form of the promise of the bonus.

Aside from this attractive feature, newsletters generate something that other techniques do not- to directly communicate to potential customers while forwarding useful knowledge to them. Newsletters also afford the business the enjoyment of having persons read more attractively written and information packed pitch of their product or product.

4. Offering free e-cards is a service-based viral technique, wherein the website provides numerous designs and styles of e-cards that users can make use of when sending e-cards to their friends and loved ones. Within the service, users have the talent to modify and personalize the messages in the e-cards, send it to their intended recipients, and receive a copy of the e-card as well to confirm its content.

What is unique about offering free e-cards is that it is a viable product that is popular among Internet users. One user can produce drain of the service, and when the e-card arrives to the recipient, he or she receives it with an option of sending the sender an e-card as well. In effect the recipient ends up using the product as well in order to return the regards sent by the sender; otherwise, he or she may recommend the item to others.

5. Using forums and discussion boards by publicity in an user?s signature when posting is a weapon that has been used aggressively by numerous Internet users, particularly those simply plugging an own business. Basically, a picture or video or sound file that serves to sell a service or service, alongside a link back to the company?s website is added to a single user?s signature.

This is energetic because of the sheer longevity of the post in the discussion board or forum. Moreover, people of similar interests religiously visit these online avenues for discussion, assuring the regularity of traffic around this viral technique.

At the end of the day, a viral marketing method is called such because of its characteristic spreading through the Internet population the way an epidemic or a wildfire does. By maximizing these low-cost strategies, one may end up minimizing costs and maximizing revenue with increased traffic and positive perception.

Source: http://www.1directory.net/internet-and-businesses-online/viral-marketing-and-online-business-18695.html

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