SlideShare a Scribd company logo
1 of 11
VIRAL MARKETING THROUGH SOCIAL NETWORKS: AN INSIGHT
ANOOP MOHAN
PHD SCHOLAR
PSGR KRISHNAMMAL COLLEGE
Email Id: anoopmohandrsr@gmail.com
ABSTRACT
Marketing has become extremely competitive due to globalization and the availability of more
alternatives to customers. The rapid pace of advancement in the areas of information technology,
telecommunication has opened up a plethora of opportunities for the marketers to stay connected
with their customers round-the-clock ‘Viral marketing’ refers to marketing techniques used by
existing social media networks and other similar online technologies in order to raise consumer
awareness of the existence of particular products and services or to achieve other marketing
objectives, such as sales, with the use of self-replicating processes that are reminiscent of
spreading of computer viruses. Viral marketing is conducted through Internet campaigns with
users sharing and sending each other interesting and entertaining content. . It harnesses the
advantage of modern technologies like mobile sms, emails, online blogs, review sites, social
networking sites etc. Viral marketing efforts are extremely effective to build brand awareness,
attitude and motivation regarding brand. Viral marketing is known as word of mouth or buzz
marketing. Internet has now become the prime tool for viral marketing and it has led to
tremendous growth for many companies. It’s been estimated that a successful viral campaign can
have 500-1000 times more impact than a non-viral campaign. Here, both positive and negative
aspects of viral marketing are explored. This article provides an overview of how viral marketing
is formed and what are the social Medias using to create a splash in the market place.
Key Words: Viral marketing, Social networks, Marketing strategy, Online campaign.
INTRODUCTION
Viral marketing, viral advertising, or marketing buzz are buzzwords referring to
marketing techniques that use pre-existing social networking services and other technologies to
try to produce increases in brand awareness or to achieve other marketing objectives (such as
product sales) through self-replicating viral processes, analogous to the spread of viruses or
computer viruses (cf. Internet memes and memetics). It can be delivered by word of mouth or
enhanced by the network effects of the Internet and mobile networks. Viral advertising is
personal and, while coming from an identified sponsor, it does not mean businesses pay for its
distribution. Most of the well-known viral ads circulating online are ads paid by a sponsor
company, launched either on their own platform (company webpage or social media profile) or
on social media websites such as YouTube. Consumers receive the page link from a social media
network or copy the entire ad from a website and pass it along through e-mail or posting it on a
blog, webpage or social media profile.
The ultimate goal of marketers interested in creating successful viral marketing programs
is to create viral messages that appeal to individuals with high social networking potential (SNP)
and that have a high probability of being presented and spread by these individuals and their
competitors in their communications with others in a short period of time. Viral marketing is a
credible marketing tactic that can deliver positive ROI when properly executed as a component
of overarching strategies. Viral marketing is helping in generating brand awareness and brand
equity. Trust is a crucial element of viral marketing for both marketers as well as recipients. In a
social media, the one who spreads your marketing messages might or might not be someone you
know personally. You have to trust that the product they refer you to is something that will fulfill
your criteria for utility, creativeness, uniqueness, and will also be safe.
An effective viral marketing campaign can create an instant buzz; thereby you can
experience a huge improvement in gross revenue of your business or company. Viral marketing
relies on communication between people. More the viral content is forwarded, more beneficial it
is. Viral marketing definitely has a place in the business world today. In fact, it may be one of the
more effective ways to market on the Internet. It is cheap, and with a few clever ideas you can
really take advantage of the viral characteristics and potential of social media and the search
engines. People are constantly searching, following, and networking; make this clear trend work
for you.
There is debate on the origination and the popularization of the specific term viral
marketing, though some of the earliest uses of the current term are attributed to the Harvard
Business School graduate Tim Draper and faculty member Jeffrey Rayport. The term was later
popularized by Rayport in the 1996 Fast Company article "The Virus of Marketing," and Tim
Draper and Steve Jurvetson of the venture capital firm Draper Fisher Jurvetson in 1997 to
describe Hotmail's practice of appending advertising to outgoing mail from their users. An
earlier attestation of the term is found in PC User magazine in 1989, but with a somewhat
differing meaning.
Among the first to write about viral marketing on the Internet was the media critic Doug
Rushkoff. The assumption is that if such an advertisement reaches a "susceptible" user, that user
becomes "infected" (i.e., accepts the idea) and shares the idea with others "infecting them," in the
viral analogy's terms. As long as each infected user shares the idea with more than one
susceptible user on average (i.e., the basic reproductive rate is greater than one—the standard in
epidemiology for qualifying something as an epidemic), the number of infected users grows
according to an exponential curve. Of course, the marketing campaign may be successful even if
the message spreads more slowly, if this user-to-user sharing is sustained by other forms of
marketing communications, such as public relations or advertising. In early 2013 the first ever
Viral Summit was held in Las Vegas. It attempted to identify similar trends in viral marketing
methods for various media.
VIRAL MARKETING TECHNIQUES
1. Word of Mouth - We have all seen this phenomenon displayed with many products. People
spread the word about some great movie or gadget and suddenly everyone knows about it.
Human nature dictates we tell our friends about some great product we have bought or found.
Nature of the beast, it's just the way we are - so why not take full advantage of it? If you have a
web site - put up a simple 'tell a friend' form so your visitors can easily tell others about your
great site. Easy and very simple to do but many webmasters don't do it. Similarly, if you have a
newsletter, service, product or with any aspect of your site – just include a few sentences at the
end of your copy - asking very politely, "if you found this service, product or web site helpful -
why not tell your friends, family and colleagues about it."
2. Branding - Make sure you have a logo on your site or product. Branding your site is very
important if you want your site or product to be noticed and talked about. For that matter, a
catchy brand name can be a 'viral technique' in itself - so try and come up with one that springs
from the lips with a distinctive ring to it! People recognize brands; it gives them a clear image of
your site or product. Include your brand or logo on every page of your site and on every product,
service, and material coming from your site or business.
3. EBooks - Savvy marketers jumped on this new invention very quickly, they knew the 'viral'
power of these little ebooks. Ebooks are electronic files that can be downloaded from any web
site and distributed easily around the web. You can also have other webmasters or marketers, 're
brand' these ebooks with their own links. High quality eBooks get passed along very quickly and
are great viral tools.
4. Viral Software - Some simple software products or applications can be very viral, often
passed around or downloaded from the web by thousands each day. These have to be useful or
handy products that the users will desire E-calendars, organizers, personal planners, link
checking software, and so on. Many are desktop products that sit on the computer user's desktop
- prime location in the marketing arena. And the best examples of this kind of viral software have
the company logo, sales message and contact email - with LIVE LINKS to all of the above -
conveniently displayed within the product.
5. RSS - Newest player in the viral game! RSS which stands for 'Really Simple Syndication' and
just by the nature of what it does; RSS is an awesome viral tool. Originally used by news
organizations to syndicate their news stories, it is usually associated with Blogs because blogs
use an RSS feed to distribute their content. Good quality RSS feeds are picked up and displayed
by different web sites all across the web. Internet Viral Marketing is an online marketing
technique that is meant to increase your brand awareness or product sales through various online
media such as video clips, ebooks, articles, or software. The goal is to create messages or content
with a high probability of being passed along over and over to reach the most amount of people
possible
SIX PRINCIPLES OF VIRAL MARKETING
If you want to delve into the world of viral marketing, there are six principles that you
should remember.
1. Incentives
To get your social circle involved in your viral marketing strategy, the best way to jump
start their participation is to offer some sort of incentive. While your best friends may be willing
to spread the word with nothing in return, if you offer free products or services in exchange for
sharing your company information with their friends they will be more likely to pass it along.
The incentives you have to offer don’t have to be extravagant, and it can turn into a win-win
situation. Not only will they be giving you free advertisement, if they are impressed with the
products and services you have to offer, you may end up with a lifelong customer.
2. Ease of Use
You want your marketing package to be easy to share for everyone. The advertising
media you want to be shared should be easily transferred through different ways. Create
advertising content that can be shared easily through e-mail or posted on a website. A good
graphic could not only be sent through e-mail but also shared on various social media sites as
well.
3. Use what’s Out There
Take advantage of the existing communication networks that are already out there; Facebook and
Twitter are still incredibly popular and a simple way to have your company brand shared with
millions of people with just the click of a button.
4. Utilize Your Friends
Don’t be afraid to ask your friends and immediate social circle for their help. You may
know someone that has a well-known blog they could use to do a piece on you and your
company. Just be sure to sweeten the deal by paying for the favor with free services or products.
5. Exploit Motivations
Everyone is a little greedy sometimes. Take advantage of that; don’t be afraid to exploit
human nature for further gains on your marketing investment. Social media in itself is an
extension of its user’s vanity so feel free to use it to its fullest. If someone see a chance to gain
something by helping you further your advertising, they will be more likely to jump on the
bandwagon and help out.
6. Scalability
The media you chose to use for your viral marketing should also be able to be used in
both small and large campaigns. This allows for more variety and gives you more options for
spreading your company’s message.
ELEMENTS THAT MAKE UP A VIRAL MARKETING STRATEGY
We must all face the fact that there are some viral marketing strategies which are more
effective than others. Some viral marketing strategies work better than others. But below are the
six basic elements you hope to include in your strategy. No matter what the basic strategy is
comprised of there are six basic elements that should always be included. It is important to note
that any one viral marketing strategy does not have to have all of these elements, but to achieve
more powerful results you will want to use more of these elements.
 Product or Services Give Away
 Make it easy to transfer to others
 Create a strategy that is easily scaled form small to large
 Exploit common behaviors or motivations
 Utilize existing networks used for communication
 Takes advantage of available resources
TYPES OF VIRAL MARKETING CAMPAIGNS
1. Pass-along: A message which encourages the user to send the message to others. The crudest
form of this is chain letters where a message at the bottom of the e-mail prompts the reader to
forward the message.
2. Incentivized viral: A reward is offered for either passing a message along or providing
someone else's address. This can dramatically increase referrals. However, this is most effective
when the offer requires another person to take action.
3. Undercover: A viral message presented as a cool or unusual page, activity, or piece of news,
without obvious incitements to link or pass along. In Undercover Marketing, it is not
immediately apparent that anything is being marketed.
4. Edgy gossip/buzz marketing: Ads or messages that create controversy by challenging the
borders of taste or appropriateness. Discussion of the resulting controversy can be considered to
generate buzz and word of mouth advertising. Prior to releasing a movie, some Hollywood
movie stars get married, get divorced, or get arrested, or become involved in some controversy
that directs conversational attention to them.
5. User-managed database: Users create and manage their own lists of contacts using a
database provided by an online service provider. By inviting other members to participate in
their community, users create a viral, self-propagating chain of contacts that naturally grows and
encourages others to sign up as well.
SUCCESSFUL VIRAL CAMPAIGNS
An array of viral marketing examples have come and gone with varying degrees of
success. There have been many memorable viral marketing success stories and memorable flops
in the past decade. Some viral campaigns have become better known for driving people away
from a commodity than to it resulting in worst impacts than regular marketing campaigns.
Why this Kolaveri Di: - Song is officially released on 16th November 2011. Then it spread like
a fire through social networking sites. Within first week of release, it received 1.3 million views
on YouTube, more than 1 million shares on Facebook. It was drawing more than 10,000 tweets
daily by the end of its first online week. Having garnered over 45 million views so far, it has
proved with its success that viral marketing works in India too. Within a few weeks, YouTube
honored the video with a Recently Most Popular Gold Medal Award for receiving a large
number of hits in a short time. Honestly at first, people were sharing the video on Facebook,
Almost everyone was sharing the video as their status updates.
Angry Birds Space Video campaign: This was one of the most viewed viral videos. What was
that which made the video so likeable? One of the chief traffic drivers was the authenticity of the
video as it was shot in space trailer that showed NASA scientist’s physics demonstration, making
it relevant to online audience. Also, the lucid animations that showed how the game characters
found their way into space helped a lot.
Vodafone ZooZoo ads: Which were series of 30 ads have also added to the success list of Viral
Marketing. After launching the campaign, Vodafone’s subscription rates increased.
P&G’s “Thank You Mom” global campaign: This was released in April, 2012 to hype the
Olympics. The ad went viral, amassing over 2 million views on YouTube shortly after its release.
It was successful because of its sincerity, timeliness and universal appeal.
Hotmail and Indianpangaleague are classic examples of adopting viral marketing
strategy. Monster.com and Naukri. com are also the beneficiaries of this form of marketing.
Amway, Hindustan Lever and Tupperware have also implemented such marketing concept.
CONCLUSION
A good idea can spread like wildfire if its business model maps to the medium. Viral
Marketing adds fuel to the fire. Internet and Intranet applications move beyond computation to
embrace communication, the Viral Marketing strategy has wide applicability. Viral marketing
appears to be an open invitation for marketers to make some quick money by using friendship to
sell their goods and services to customers. Viral marketing is not only about getting someone to
interact with a message, it needs to be viral - it needs to have a pass-along effect. Like viruses, it
takes advantage of rapid multiplication to explode the message to thousands –or even to millions.
If your viral marketing concept catches on, you will need it to handle the infected visitors. When
it is integrated with other marketing communications approaches, viral marketing could prove to
be a rather powerful tool, as none other has the capacity to spread a message as far or as fast.
Viral marketing give solution for Fragmentation and rising costs of traditional mass media like
television.
REFERENCES
1.) Ferguson, R. (2008), „„Word of mouth and viral marketing: taking the temperature of the
hottest trends in marketing‟‟, Journal of Consumer Marketing, Vol. 25 No. 3, pp. 179-82, ISSN
0736-3761.
2.) Abedniya, Abed. and Sahar Sabbaghi Mahmouei (2010), ―The Impact of Social
Networking Websites to Facilitate the Effectiveness of Viral Marketing, International Journal of
Advanced Computer Science and Applications, Vol. 1 (6), pp. 139-146.
3.) Vasanth Kiran and Mousumi Majumdar (2012), “Marketing the viral way: A strategic
approach to the new era of marketing” Volume 1, No. 3, December 2012.
4.) Ramasuri, N., Nanavati, A.: Viral marketing with competitive and complementary products
through social networks. Technical report, IBM Research, India.
5.) The Six Simple Principles of Viral Marketing by Dr. Ralph F. Wilsion , E-commere
Consultant ―Web Marketing Today , February 1,2005, originally published 2/1/2000
www.wilsonweb.com
www.buzzmarketing.com
www.glmarketresearch.com
www.wikipedia.com

More Related Content

What's hot

Project report on advertising effectiveness
Project report on advertising effectivenessProject report on advertising effectiveness
Project report on advertising effectiveness
RajarshiSe
 
Comment utiliser les médias sociaux pour améliorer l’e-­‐réputation des PME ?...
Comment utiliser les médias sociaux pour améliorer l’e-­‐réputation des PME ?...Comment utiliser les médias sociaux pour améliorer l’e-­‐réputation des PME ?...
Comment utiliser les médias sociaux pour améliorer l’e-­‐réputation des PME ?...
Joackim Weiler
 

What's hot (20)

Viral marketing
Viral marketingViral marketing
Viral marketing
 
A dissertation on customer relationship management and importance of relation...
A dissertation on customer relationship management and importance of relation...A dissertation on customer relationship management and importance of relation...
A dissertation on customer relationship management and importance of relation...
 
Project Report on Digital Media Marketing
Project Report on Digital Media Marketing Project Report on Digital Media Marketing
Project Report on Digital Media Marketing
 
E marketing
E marketingE marketing
E marketing
 
ATL&BTL marketing products Promotion
ATL&BTL marketing products PromotionATL&BTL marketing products Promotion
ATL&BTL marketing products Promotion
 
Online Advertising
Online AdvertisingOnline Advertising
Online Advertising
 
Digital marketing strategies of company in fmcg market. VIVA Report, Mini pro...
Digital marketing strategies of company in fmcg market. VIVA Report, Mini pro...Digital marketing strategies of company in fmcg market. VIVA Report, Mini pro...
Digital marketing strategies of company in fmcg market. VIVA Report, Mini pro...
 
Referral marketing
Referral marketingReferral marketing
Referral marketing
 
A Study on influence of outdoor advertising on consumers
A Study on influence of outdoor advertising on consumersA Study on influence of outdoor advertising on consumers
A Study on influence of outdoor advertising on consumers
 
Social Media Marketing
Social Media MarketingSocial Media Marketing
Social Media Marketing
 
Summer Internship Project Report on Digital Marketing for INTERALLAINCE WER...
 Summer Internship Project Report on  Digital Marketing for INTERALLAINCE WER... Summer Internship Project Report on  Digital Marketing for INTERALLAINCE WER...
Summer Internship Project Report on Digital Marketing for INTERALLAINCE WER...
 
Social media marketing project
Social media marketing  projectSocial media marketing  project
Social media marketing project
 
Project report on social media marketing
Project report on social media marketingProject report on social media marketing
Project report on social media marketing
 
RECENT TRENDS IN MARKETING.pptx
RECENT TRENDS IN  MARKETING.pptxRECENT TRENDS IN  MARKETING.pptx
RECENT TRENDS IN MARKETING.pptx
 
Project report on advertising effectiveness
Project report on advertising effectivenessProject report on advertising effectiveness
Project report on advertising effectiveness
 
Imc
ImcImc
Imc
 
Fundamental Of Digital Marketing- Full Guideline
Fundamental Of Digital Marketing- Full GuidelineFundamental Of Digital Marketing- Full Guideline
Fundamental Of Digital Marketing- Full Guideline
 
Advertising and advertising planning process
Advertising and advertising planning processAdvertising and advertising planning process
Advertising and advertising planning process
 
Mémoire - L’influence des programmes de customisation proposés par les marques
Mémoire - L’influence des programmes de customisation proposés par les marquesMémoire - L’influence des programmes de customisation proposés par les marques
Mémoire - L’influence des programmes de customisation proposés par les marques
 
Comment utiliser les médias sociaux pour améliorer l’e-­‐réputation des PME ?...
Comment utiliser les médias sociaux pour améliorer l’e-­‐réputation des PME ?...Comment utiliser les médias sociaux pour améliorer l’e-­‐réputation des PME ?...
Comment utiliser les médias sociaux pour améliorer l’e-­‐réputation des PME ?...
 

Viewers also liked

The Provenance Paradox - Corona's case study
The Provenance Paradox - Corona's case studyThe Provenance Paradox - Corona's case study
The Provenance Paradox - Corona's case study
Danilo Valentino
 
Exploring the concept of mobile viral marketing through case study research.pdf
Exploring the concept of mobile viral marketing through case study research.pdfExploring the concept of mobile viral marketing through case study research.pdf
Exploring the concept of mobile viral marketing through case study research.pdf
rian1988
 
U-11_Learning Styles Research Proposal
U-11_Learning Styles Research ProposalU-11_Learning Styles Research Proposal
U-11_Learning Styles Research Proposal
Sanjoy Sanyal
 
Dissertation_Unilever Project Shakti 2006
Dissertation_Unilever Project Shakti 2006Dissertation_Unilever Project Shakti 2006
Dissertation_Unilever Project Shakti 2006
Vikram Chachra
 
MSc Project Management Dissertation
MSc Project Management Dissertation MSc Project Management Dissertation
MSc Project Management Dissertation
Vardaan Sharma
 
Self Reflective Report
Self Reflective ReportSelf Reflective Report
Self Reflective Report
Bharat Chopra
 

Viewers also liked (20)

Viral marketing of digital products using social media - MBA Dissertation
Viral marketing of digital products using social media - MBA DissertationViral marketing of digital products using social media - MBA Dissertation
Viral marketing of digital products using social media - MBA Dissertation
 
dissertation project
dissertation projectdissertation project
dissertation project
 
MSc Project Proposal: Comparing Terrestrial Laser Scanning and Photogrammetry
MSc Project Proposal: Comparing Terrestrial Laser Scanning and PhotogrammetryMSc Project Proposal: Comparing Terrestrial Laser Scanning and Photogrammetry
MSc Project Proposal: Comparing Terrestrial Laser Scanning and Photogrammetry
 
Viral video marketing
Viral video marketingViral video marketing
Viral video marketing
 
The Provenance Paradox - Corona's case study
The Provenance Paradox - Corona's case studyThe Provenance Paradox - Corona's case study
The Provenance Paradox - Corona's case study
 
Exploring the concept of mobile viral marketing through case study research.pdf
Exploring the concept of mobile viral marketing through case study research.pdfExploring the concept of mobile viral marketing through case study research.pdf
Exploring the concept of mobile viral marketing through case study research.pdf
 
Viral marketing in politics
Viral marketing in politicsViral marketing in politics
Viral marketing in politics
 
U-11_Learning Styles Research Proposal
U-11_Learning Styles Research ProposalU-11_Learning Styles Research Proposal
U-11_Learning Styles Research Proposal
 
Dissertation_Unilever Project Shakti 2006
Dissertation_Unilever Project Shakti 2006Dissertation_Unilever Project Shakti 2006
Dissertation_Unilever Project Shakti 2006
 
Viral Promotion as a part of Viral Marketing
Viral Promotion as a part of Viral MarketingViral Promotion as a part of Viral Marketing
Viral Promotion as a part of Viral Marketing
 
Dissertation
DissertationDissertation
Dissertation
 
MSc Digital Innovation: Thesis/Dissertation Route
MSc Digital Innovation: Thesis/Dissertation RouteMSc Digital Innovation: Thesis/Dissertation Route
MSc Digital Innovation: Thesis/Dissertation Route
 
MSc Dissertation: Restaurant e-menu software on iPad
MSc Dissertation: Restaurant e-menu software on iPadMSc Dissertation: Restaurant e-menu software on iPad
MSc Dissertation: Restaurant e-menu software on iPad
 
MSc Project Management Dissertation
MSc Project Management Dissertation MSc Project Management Dissertation
MSc Project Management Dissertation
 
Self Reflective Report
Self Reflective ReportSelf Reflective Report
Self Reflective Report
 
Viral marketing for fabulousbeauties nl report and others
Viral marketing for fabulousbeauties nl report and others Viral marketing for fabulousbeauties nl report and others
Viral marketing for fabulousbeauties nl report and others
 
Viral, Digital, Mobile, Social Media, and Strategic Planning in Digital Age
Viral, Digital, Mobile, Social Media, and Strategic Planning in Digital AgeViral, Digital, Mobile, Social Media, and Strategic Planning in Digital Age
Viral, Digital, Mobile, Social Media, and Strategic Planning in Digital Age
 
Spyros Langkos_Athens Archeological Museum_individual report and reflective c...
Spyros Langkos_Athens Archeological Museum_individual report and reflective c...Spyros Langkos_Athens Archeological Museum_individual report and reflective c...
Spyros Langkos_Athens Archeological Museum_individual report and reflective c...
 
Dissertation on the Use of Cause Marketing
Dissertation on the Use of Cause MarketingDissertation on the Use of Cause Marketing
Dissertation on the Use of Cause Marketing
 
Viral Marketing & Advertising Strategies for Social Networks
Viral Marketing & Advertising Strategies for Social NetworksViral Marketing & Advertising Strategies for Social Networks
Viral Marketing & Advertising Strategies for Social Networks
 

Similar to VIRAL MARKETING THROUGH SOCIAL NETWORKS: AN INSIGHT

Viral marketing
Viral marketingViral marketing
Viral marketing
Subash T
 
The study of e commerce service systems in global viral marketing strategy
The study of e commerce service systems in global viral marketing strategyThe study of e commerce service systems in global viral marketing strategy
The study of e commerce service systems in global viral marketing strategy
IAEME Publication
 
What is Influencer Marketing?
What is Influencer Marketing?What is Influencer Marketing?
What is Influencer Marketing?
Jason B. Weber
 

Similar to VIRAL MARKETING THROUGH SOCIAL NETWORKS: AN INSIGHT (20)

Viral Marketing.pptx
Viral Marketing.pptxViral Marketing.pptx
Viral Marketing.pptx
 
Viral marketing
Viral marketingViral marketing
Viral marketing
 
Understanding Viral Marketing
Understanding Viral MarketingUnderstanding Viral Marketing
Understanding Viral Marketing
 
Principles of marketing
Principles of marketingPrinciples of marketing
Principles of marketing
 
Buzz network (1) copy
Buzz network (1)   copyBuzz network (1)   copy
Buzz network (1) copy
 
Viral marketing
Viral marketingViral marketing
Viral marketing
 
The study of e commerce service systems in global viral marketing strategy
The study of e commerce service systems in global viral marketing strategyThe study of e commerce service systems in global viral marketing strategy
The study of e commerce service systems in global viral marketing strategy
 
Challenges_of_Viral_Marketing_with_Respe.pdf
Challenges_of_Viral_Marketing_with_Respe.pdfChallenges_of_Viral_Marketing_with_Respe.pdf
Challenges_of_Viral_Marketing_with_Respe.pdf
 
Viral marketing
Viral marketingViral marketing
Viral marketing
 
32bfe5108e18ba5ca6
32bfe5108e18ba5ca632bfe5108e18ba5ca6
32bfe5108e18ba5ca6
 
Leveraging Social Media as Business Tool
Leveraging Social Media as Business ToolLeveraging Social Media as Business Tool
Leveraging Social Media as Business Tool
 
How to create a Viral campaign?
How to create a Viral campaign?How to create a Viral campaign?
How to create a Viral campaign?
 
SOCIAL MEADIA MARKETING.docx
SOCIAL MEADIA MARKETING.docxSOCIAL MEADIA MARKETING.docx
SOCIAL MEADIA MARKETING.docx
 
Article marketing explained
Article marketing explainedArticle marketing explained
Article marketing explained
 
What is Influencer Marketing?
What is Influencer Marketing?What is Influencer Marketing?
What is Influencer Marketing?
 
Cb
CbCb
Cb
 
What is Influencer Marketing
What is Influencer Marketing What is Influencer Marketing
What is Influencer Marketing
 
IJRESM_V5_I2_8 (2).pdf
IJRESM_V5_I2_8 (2).pdfIJRESM_V5_I2_8 (2).pdf
IJRESM_V5_I2_8 (2).pdf
 
Word of mouth marketing
Word of mouth marketingWord of mouth marketing
Word of mouth marketing
 
Pull, not push attracting potential users
Pull, not push attracting potential usersPull, not push attracting potential users
Pull, not push attracting potential users
 

More from Anup Mohan

Supply chain management
Supply chain managementSupply chain management
Supply chain management
Anup Mohan
 
Dr reddy’s laboratories limited
Dr reddy’s laboratories limited Dr reddy’s laboratories limited
Dr reddy’s laboratories limited
Anup Mohan
 

More from Anup Mohan (10)

Knowledge transfer a basis for competitive advantage in organisations
Knowledge transfer a basis for competitive advantage in organisationsKnowledge transfer a basis for competitive advantage in organisations
Knowledge transfer a basis for competitive advantage in organisations
 
Cause Related Marketing-An Indian Context
Cause Related Marketing-An Indian Context Cause Related Marketing-An Indian Context
Cause Related Marketing-An Indian Context
 
IMPLICATIONS OF BHAGAVAD GITA IN MANAGEMENT
IMPLICATIONS OF BHAGAVAD GITA IN MANAGEMENT IMPLICATIONS OF BHAGAVAD GITA IN MANAGEMENT
IMPLICATIONS OF BHAGAVAD GITA IN MANAGEMENT
 
Total Quality Management
Total Quality ManagementTotal Quality Management
Total Quality Management
 
Organisational Attitude
Organisational AttitudeOrganisational Attitude
Organisational Attitude
 
A study on Gen y consumer attitude toward social media marketing in Trichy
A study on Gen y consumer attitude toward social media marketing in TrichyA study on Gen y consumer attitude toward social media marketing in Trichy
A study on Gen y consumer attitude toward social media marketing in Trichy
 
Cause related marketing
Cause related marketingCause related marketing
Cause related marketing
 
Selling process
Selling processSelling process
Selling process
 
Supply chain management
Supply chain managementSupply chain management
Supply chain management
 
Dr reddy’s laboratories limited
Dr reddy’s laboratories limited Dr reddy’s laboratories limited
Dr reddy’s laboratories limited
 

Recently uploaded

JUST CALL 9952100763 CALL GIRLS & ESCORT SERVICE AVAILABLE
JUST CALL 9952100763 CALL GIRLS & ESCORT SERVICE AVAILABLEJUST CALL 9952100763 CALL GIRLS & ESCORT SERVICE AVAILABLE
JUST CALL 9952100763 CALL GIRLS & ESCORT SERVICE AVAILABLE
myheartstone59
 

Recently uploaded (20)

How consumers use technology and the impacts on their lives
How consumers use technology and the impacts on their livesHow consumers use technology and the impacts on their lives
How consumers use technology and the impacts on their lives
 
JUST CALL 9952100763 CALL GIRLS & ESCORT SERVICE AVAILABLE
JUST CALL 9952100763 CALL GIRLS & ESCORT SERVICE AVAILABLEJUST CALL 9952100763 CALL GIRLS & ESCORT SERVICE AVAILABLE
JUST CALL 9952100763 CALL GIRLS & ESCORT SERVICE AVAILABLE
 
[Expert Panel] New Google Shopping Ads Strategies Uncovered
[Expert Panel] New Google Shopping Ads Strategies Uncovered[Expert Panel] New Google Shopping Ads Strategies Uncovered
[Expert Panel] New Google Shopping Ads Strategies Uncovered
 
Cartona.pptx. Marketing how to present your project very well , discussed a...
Cartona.pptx.   Marketing how to present your project very well , discussed a...Cartona.pptx.   Marketing how to present your project very well , discussed a...
Cartona.pptx. Marketing how to present your project very well , discussed a...
 
Discover Ardency Elite: Elevate Your Lifestyle
Discover Ardency Elite: Elevate Your LifestyleDiscover Ardency Elite: Elevate Your Lifestyle
Discover Ardency Elite: Elevate Your Lifestyle
 
The Impact Of Social Media Advertising.pdf
The Impact Of Social Media Advertising.pdfThe Impact Of Social Media Advertising.pdf
The Impact Of Social Media Advertising.pdf
 
HOW TO HANDLE SALES OBJECTIONS | SELLING AND NEGOTIATION
HOW TO HANDLE SALES OBJECTIONS | SELLING AND NEGOTIATIONHOW TO HANDLE SALES OBJECTIONS | SELLING AND NEGOTIATION
HOW TO HANDLE SALES OBJECTIONS | SELLING AND NEGOTIATION
 
The Essence of Mothers Celebrating the Heart of the Family.pptx
The Essence of Mothers Celebrating the Heart of the Family.pptxThe Essence of Mothers Celebrating the Heart of the Family.pptx
The Essence of Mothers Celebrating the Heart of the Family.pptx
 
Killer Packaging__Published in PrintAction
Killer Packaging__Published in PrintActionKiller Packaging__Published in PrintAction
Killer Packaging__Published in PrintAction
 
SP Search Term Data Optimization Template.pdf
SP Search Term Data Optimization Template.pdfSP Search Term Data Optimization Template.pdf
SP Search Term Data Optimization Template.pdf
 
Global Trends in Market Reserch & Insights - Ray Poynter - May 2023.pdf
Global Trends in Market Reserch & Insights - Ray Poynter - May 2023.pdfGlobal Trends in Market Reserch & Insights - Ray Poynter - May 2023.pdf
Global Trends in Market Reserch & Insights - Ray Poynter - May 2023.pdf
 
2024 Social Trends Report V4 from Later.com
2024 Social Trends Report V4 from Later.com2024 Social Trends Report V4 from Later.com
2024 Social Trends Report V4 from Later.com
 
Rohtak Escorts Service Girl ^ 9332606886, WhatsApp Anytime Rohtak
Rohtak Escorts Service Girl ^ 9332606886, WhatsApp Anytime RohtakRohtak Escorts Service Girl ^ 9332606886, WhatsApp Anytime Rohtak
Rohtak Escorts Service Girl ^ 9332606886, WhatsApp Anytime Rohtak
 
Taprank - Boost your Google reviews with personalized NFC cards
Taprank - Boost your Google reviews with personalized NFC cardsTaprank - Boost your Google reviews with personalized NFC cards
Taprank - Boost your Google reviews with personalized NFC cards
 
The 9th May Incident in Pakistan A Turning Point in History.pptx
The 9th May Incident in Pakistan A Turning Point in History.pptxThe 9th May Incident in Pakistan A Turning Point in History.pptx
The 9th May Incident in Pakistan A Turning Point in History.pptx
 
Aiizennxqc Digital Marketing | SEO & SMM
Aiizennxqc Digital Marketing | SEO & SMMAiizennxqc Digital Marketing | SEO & SMM
Aiizennxqc Digital Marketing | SEO & SMM
 
Resumé Karina Perez | Digital Strategist
Resumé Karina Perez | Digital StrategistResumé Karina Perez | Digital Strategist
Resumé Karina Perez | Digital Strategist
 
Aligarh Hire 💕 8250092165 Young and Hot Call Girls Service Agency Escorts
Aligarh Hire 💕 8250092165 Young and Hot Call Girls Service Agency EscortsAligarh Hire 💕 8250092165 Young and Hot Call Girls Service Agency Escorts
Aligarh Hire 💕 8250092165 Young and Hot Call Girls Service Agency Escorts
 
SEO: A Beginner's Guide to Ranking Higher
SEO: A Beginner's Guide to Ranking HigherSEO: A Beginner's Guide to Ranking Higher
SEO: A Beginner's Guide to Ranking Higher
 
Iranian Strikes on Israel Assessing the Impact and Implications.pptx
Iranian Strikes on Israel  Assessing the Impact and Implications.pptxIranian Strikes on Israel  Assessing the Impact and Implications.pptx
Iranian Strikes on Israel Assessing the Impact and Implications.pptx
 

VIRAL MARKETING THROUGH SOCIAL NETWORKS: AN INSIGHT

  • 1. VIRAL MARKETING THROUGH SOCIAL NETWORKS: AN INSIGHT ANOOP MOHAN PHD SCHOLAR PSGR KRISHNAMMAL COLLEGE Email Id: anoopmohandrsr@gmail.com ABSTRACT Marketing has become extremely competitive due to globalization and the availability of more alternatives to customers. The rapid pace of advancement in the areas of information technology, telecommunication has opened up a plethora of opportunities for the marketers to stay connected with their customers round-the-clock ‘Viral marketing’ refers to marketing techniques used by existing social media networks and other similar online technologies in order to raise consumer awareness of the existence of particular products and services or to achieve other marketing objectives, such as sales, with the use of self-replicating processes that are reminiscent of spreading of computer viruses. Viral marketing is conducted through Internet campaigns with users sharing and sending each other interesting and entertaining content. . It harnesses the advantage of modern technologies like mobile sms, emails, online blogs, review sites, social networking sites etc. Viral marketing efforts are extremely effective to build brand awareness, attitude and motivation regarding brand. Viral marketing is known as word of mouth or buzz marketing. Internet has now become the prime tool for viral marketing and it has led to tremendous growth for many companies. It’s been estimated that a successful viral campaign can have 500-1000 times more impact than a non-viral campaign. Here, both positive and negative aspects of viral marketing are explored. This article provides an overview of how viral marketing is formed and what are the social Medias using to create a splash in the market place. Key Words: Viral marketing, Social networks, Marketing strategy, Online campaign.
  • 2. INTRODUCTION Viral marketing, viral advertising, or marketing buzz are buzzwords referring to marketing techniques that use pre-existing social networking services and other technologies to try to produce increases in brand awareness or to achieve other marketing objectives (such as product sales) through self-replicating viral processes, analogous to the spread of viruses or computer viruses (cf. Internet memes and memetics). It can be delivered by word of mouth or enhanced by the network effects of the Internet and mobile networks. Viral advertising is personal and, while coming from an identified sponsor, it does not mean businesses pay for its distribution. Most of the well-known viral ads circulating online are ads paid by a sponsor company, launched either on their own platform (company webpage or social media profile) or on social media websites such as YouTube. Consumers receive the page link from a social media network or copy the entire ad from a website and pass it along through e-mail or posting it on a blog, webpage or social media profile. The ultimate goal of marketers interested in creating successful viral marketing programs is to create viral messages that appeal to individuals with high social networking potential (SNP) and that have a high probability of being presented and spread by these individuals and their competitors in their communications with others in a short period of time. Viral marketing is a credible marketing tactic that can deliver positive ROI when properly executed as a component of overarching strategies. Viral marketing is helping in generating brand awareness and brand equity. Trust is a crucial element of viral marketing for both marketers as well as recipients. In a social media, the one who spreads your marketing messages might or might not be someone you
  • 3. know personally. You have to trust that the product they refer you to is something that will fulfill your criteria for utility, creativeness, uniqueness, and will also be safe. An effective viral marketing campaign can create an instant buzz; thereby you can experience a huge improvement in gross revenue of your business or company. Viral marketing relies on communication between people. More the viral content is forwarded, more beneficial it is. Viral marketing definitely has a place in the business world today. In fact, it may be one of the more effective ways to market on the Internet. It is cheap, and with a few clever ideas you can really take advantage of the viral characteristics and potential of social media and the search engines. People are constantly searching, following, and networking; make this clear trend work for you. There is debate on the origination and the popularization of the specific term viral marketing, though some of the earliest uses of the current term are attributed to the Harvard Business School graduate Tim Draper and faculty member Jeffrey Rayport. The term was later popularized by Rayport in the 1996 Fast Company article "The Virus of Marketing," and Tim Draper and Steve Jurvetson of the venture capital firm Draper Fisher Jurvetson in 1997 to describe Hotmail's practice of appending advertising to outgoing mail from their users. An earlier attestation of the term is found in PC User magazine in 1989, but with a somewhat differing meaning. Among the first to write about viral marketing on the Internet was the media critic Doug Rushkoff. The assumption is that if such an advertisement reaches a "susceptible" user, that user becomes "infected" (i.e., accepts the idea) and shares the idea with others "infecting them," in the viral analogy's terms. As long as each infected user shares the idea with more than one susceptible user on average (i.e., the basic reproductive rate is greater than one—the standard in
  • 4. epidemiology for qualifying something as an epidemic), the number of infected users grows according to an exponential curve. Of course, the marketing campaign may be successful even if the message spreads more slowly, if this user-to-user sharing is sustained by other forms of marketing communications, such as public relations or advertising. In early 2013 the first ever Viral Summit was held in Las Vegas. It attempted to identify similar trends in viral marketing methods for various media. VIRAL MARKETING TECHNIQUES 1. Word of Mouth - We have all seen this phenomenon displayed with many products. People spread the word about some great movie or gadget and suddenly everyone knows about it. Human nature dictates we tell our friends about some great product we have bought or found. Nature of the beast, it's just the way we are - so why not take full advantage of it? If you have a web site - put up a simple 'tell a friend' form so your visitors can easily tell others about your great site. Easy and very simple to do but many webmasters don't do it. Similarly, if you have a newsletter, service, product or with any aspect of your site – just include a few sentences at the end of your copy - asking very politely, "if you found this service, product or web site helpful - why not tell your friends, family and colleagues about it." 2. Branding - Make sure you have a logo on your site or product. Branding your site is very important if you want your site or product to be noticed and talked about. For that matter, a catchy brand name can be a 'viral technique' in itself - so try and come up with one that springs from the lips with a distinctive ring to it! People recognize brands; it gives them a clear image of
  • 5. your site or product. Include your brand or logo on every page of your site and on every product, service, and material coming from your site or business. 3. EBooks - Savvy marketers jumped on this new invention very quickly, they knew the 'viral' power of these little ebooks. Ebooks are electronic files that can be downloaded from any web site and distributed easily around the web. You can also have other webmasters or marketers, 're brand' these ebooks with their own links. High quality eBooks get passed along very quickly and are great viral tools. 4. Viral Software - Some simple software products or applications can be very viral, often passed around or downloaded from the web by thousands each day. These have to be useful or handy products that the users will desire E-calendars, organizers, personal planners, link checking software, and so on. Many are desktop products that sit on the computer user's desktop - prime location in the marketing arena. And the best examples of this kind of viral software have the company logo, sales message and contact email - with LIVE LINKS to all of the above - conveniently displayed within the product. 5. RSS - Newest player in the viral game! RSS which stands for 'Really Simple Syndication' and just by the nature of what it does; RSS is an awesome viral tool. Originally used by news organizations to syndicate their news stories, it is usually associated with Blogs because blogs use an RSS feed to distribute their content. Good quality RSS feeds are picked up and displayed by different web sites all across the web. Internet Viral Marketing is an online marketing technique that is meant to increase your brand awareness or product sales through various online media such as video clips, ebooks, articles, or software. The goal is to create messages or content with a high probability of being passed along over and over to reach the most amount of people possible
  • 6. SIX PRINCIPLES OF VIRAL MARKETING If you want to delve into the world of viral marketing, there are six principles that you should remember. 1. Incentives To get your social circle involved in your viral marketing strategy, the best way to jump start their participation is to offer some sort of incentive. While your best friends may be willing to spread the word with nothing in return, if you offer free products or services in exchange for sharing your company information with their friends they will be more likely to pass it along. The incentives you have to offer don’t have to be extravagant, and it can turn into a win-win situation. Not only will they be giving you free advertisement, if they are impressed with the products and services you have to offer, you may end up with a lifelong customer. 2. Ease of Use You want your marketing package to be easy to share for everyone. The advertising media you want to be shared should be easily transferred through different ways. Create advertising content that can be shared easily through e-mail or posted on a website. A good graphic could not only be sent through e-mail but also shared on various social media sites as well. 3. Use what’s Out There Take advantage of the existing communication networks that are already out there; Facebook and Twitter are still incredibly popular and a simple way to have your company brand shared with millions of people with just the click of a button.
  • 7. 4. Utilize Your Friends Don’t be afraid to ask your friends and immediate social circle for their help. You may know someone that has a well-known blog they could use to do a piece on you and your company. Just be sure to sweeten the deal by paying for the favor with free services or products. 5. Exploit Motivations Everyone is a little greedy sometimes. Take advantage of that; don’t be afraid to exploit human nature for further gains on your marketing investment. Social media in itself is an extension of its user’s vanity so feel free to use it to its fullest. If someone see a chance to gain something by helping you further your advertising, they will be more likely to jump on the bandwagon and help out. 6. Scalability The media you chose to use for your viral marketing should also be able to be used in both small and large campaigns. This allows for more variety and gives you more options for spreading your company’s message. ELEMENTS THAT MAKE UP A VIRAL MARKETING STRATEGY We must all face the fact that there are some viral marketing strategies which are more effective than others. Some viral marketing strategies work better than others. But below are the six basic elements you hope to include in your strategy. No matter what the basic strategy is comprised of there are six basic elements that should always be included. It is important to note that any one viral marketing strategy does not have to have all of these elements, but to achieve more powerful results you will want to use more of these elements.
  • 8.  Product or Services Give Away  Make it easy to transfer to others  Create a strategy that is easily scaled form small to large  Exploit common behaviors or motivations  Utilize existing networks used for communication  Takes advantage of available resources TYPES OF VIRAL MARKETING CAMPAIGNS 1. Pass-along: A message which encourages the user to send the message to others. The crudest form of this is chain letters where a message at the bottom of the e-mail prompts the reader to forward the message. 2. Incentivized viral: A reward is offered for either passing a message along or providing someone else's address. This can dramatically increase referrals. However, this is most effective when the offer requires another person to take action. 3. Undercover: A viral message presented as a cool or unusual page, activity, or piece of news, without obvious incitements to link or pass along. In Undercover Marketing, it is not immediately apparent that anything is being marketed. 4. Edgy gossip/buzz marketing: Ads or messages that create controversy by challenging the borders of taste or appropriateness. Discussion of the resulting controversy can be considered to generate buzz and word of mouth advertising. Prior to releasing a movie, some Hollywood movie stars get married, get divorced, or get arrested, or become involved in some controversy that directs conversational attention to them.
  • 9. 5. User-managed database: Users create and manage their own lists of contacts using a database provided by an online service provider. By inviting other members to participate in their community, users create a viral, self-propagating chain of contacts that naturally grows and encourages others to sign up as well. SUCCESSFUL VIRAL CAMPAIGNS An array of viral marketing examples have come and gone with varying degrees of success. There have been many memorable viral marketing success stories and memorable flops in the past decade. Some viral campaigns have become better known for driving people away from a commodity than to it resulting in worst impacts than regular marketing campaigns. Why this Kolaveri Di: - Song is officially released on 16th November 2011. Then it spread like a fire through social networking sites. Within first week of release, it received 1.3 million views on YouTube, more than 1 million shares on Facebook. It was drawing more than 10,000 tweets daily by the end of its first online week. Having garnered over 45 million views so far, it has proved with its success that viral marketing works in India too. Within a few weeks, YouTube honored the video with a Recently Most Popular Gold Medal Award for receiving a large number of hits in a short time. Honestly at first, people were sharing the video on Facebook, Almost everyone was sharing the video as their status updates. Angry Birds Space Video campaign: This was one of the most viewed viral videos. What was that which made the video so likeable? One of the chief traffic drivers was the authenticity of the video as it was shot in space trailer that showed NASA scientist’s physics demonstration, making it relevant to online audience. Also, the lucid animations that showed how the game characters found their way into space helped a lot.
  • 10. Vodafone ZooZoo ads: Which were series of 30 ads have also added to the success list of Viral Marketing. After launching the campaign, Vodafone’s subscription rates increased. P&G’s “Thank You Mom” global campaign: This was released in April, 2012 to hype the Olympics. The ad went viral, amassing over 2 million views on YouTube shortly after its release. It was successful because of its sincerity, timeliness and universal appeal. Hotmail and Indianpangaleague are classic examples of adopting viral marketing strategy. Monster.com and Naukri. com are also the beneficiaries of this form of marketing. Amway, Hindustan Lever and Tupperware have also implemented such marketing concept. CONCLUSION A good idea can spread like wildfire if its business model maps to the medium. Viral Marketing adds fuel to the fire. Internet and Intranet applications move beyond computation to embrace communication, the Viral Marketing strategy has wide applicability. Viral marketing appears to be an open invitation for marketers to make some quick money by using friendship to sell their goods and services to customers. Viral marketing is not only about getting someone to interact with a message, it needs to be viral - it needs to have a pass-along effect. Like viruses, it takes advantage of rapid multiplication to explode the message to thousands –or even to millions. If your viral marketing concept catches on, you will need it to handle the infected visitors. When it is integrated with other marketing communications approaches, viral marketing could prove to be a rather powerful tool, as none other has the capacity to spread a message as far or as fast. Viral marketing give solution for Fragmentation and rising costs of traditional mass media like television.
  • 11. REFERENCES 1.) Ferguson, R. (2008), „„Word of mouth and viral marketing: taking the temperature of the hottest trends in marketing‟‟, Journal of Consumer Marketing, Vol. 25 No. 3, pp. 179-82, ISSN 0736-3761. 2.) Abedniya, Abed. and Sahar Sabbaghi Mahmouei (2010), ―The Impact of Social Networking Websites to Facilitate the Effectiveness of Viral Marketing, International Journal of Advanced Computer Science and Applications, Vol. 1 (6), pp. 139-146. 3.) Vasanth Kiran and Mousumi Majumdar (2012), “Marketing the viral way: A strategic approach to the new era of marketing” Volume 1, No. 3, December 2012. 4.) Ramasuri, N., Nanavati, A.: Viral marketing with competitive and complementary products through social networks. Technical report, IBM Research, India. 5.) The Six Simple Principles of Viral Marketing by Dr. Ralph F. Wilsion , E-commere Consultant ―Web Marketing Today , February 1,2005, originally published 2/1/2000 www.wilsonweb.com www.buzzmarketing.com www.glmarketresearch.com www.wikipedia.com