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Viral/ Social Media
Marketing
Mona Mostafa El- Ashry
DBA Cairo University
1st
Stage
Historical evolution of
VSM marketing since
(1996 to 2012)
2nd
Stage
The evolution of VSM
marketing since (2012 to
2016)
3rd
Stage
Suggestions for the future
research studies in this
domain
Table of Content
Introduction
Introduction
The Web as Platform
• In the Web 1.0 area the Internet was a collection of Websites that
just showed static information.
• With Web 2.0 the Internet transforms into a platform where
applications move from the client to the Web, so the Web transforms
to a service platform.
Introduction
Social Media
• “Social Media is a group of Internet-based applications that
build on the ideological and technological foundations of Web
2.0, and that allow the creation and exchange of User
Generated Content.”
• The term Social Media describes the exchange of information
and experience with help of Community sites in the Internet
Introduction
• Traditional media like newspapers or television are one-way
technologies and static broadcast technologies
• The advertiser has to pay a lot to place ads.
• The person who receives the ad is forced to watch it but
independent if the person likes or dislikes it he cannot react on it.
• A study of the (Roland Paschdeka. 2010) shows the Evolution of the
communication channels from 1986 till today
Introduction
Social Media Marketing
• Is a process to reach people in a broad community which would not
be reached by traditional Marketing channels.
• Social Media Marketing addresses a huge community and not
individual people.
Viral/ Social Media Marketing
Is the use of social media channels to spread any message for creating
brand awareness
Literature Review
Literature Review
Literature Review
The prediction for the rise of VSM marketing
(1996-1999)
1996
(Granitz, N, & Ward , 1996) Predicted the development of the internet
as a new platform for what until then had been regarded as word-of-
mouth communication
1997
The term viral marketing was coined by (Jurvetson, S, & Draper, 1997)
to describe the manner in which free e-mail service called Hotmail was
promoted
The prediction for the rise of VSM marketing
(1996-1999)
Hotmail
• The Web-based email service that launched in 1996.
• Tim Draper, 1997 persuaded Hotmail to include a promotional
pitch with a clickable URL in every message sent by a Hotmail
user.
• There in lay one of the critical elements of viral marketing:
every customer becomes an involuntary salesperson simply by
using the product
The prediction for the rise of VSM marketing
(1996-1999)
Hotmail
• short line of promotional text to the bottom of every email
message sent via their service, clocking up 12 million sign-ups
within 18 months from a marketing spend of US $500 000.
• The Hotmail user base grew faster than any media company in
history—faster than CNN.
• By mid-2000, Hotmail had over 66 million users with 270,000
new accounts established each day
The prediction for the rise of VSM marketing
(1996-1999)
1998
• According to (Strang & Soule, 1998) Diffusion refers to the
spread of something within a social system.
• The key term here is spread, and it should be taken viscerally
(as far as ones constructionism permits) to denote flow or
movement from a source to an adopter, via communication
and influence.
• We use the term practice to denote the diffusing item, which
might be a behavior, strategy, belief, technology, or structure
The prediction for the rise of VSM marketing
(1996-1999)
1999
• Viral marketing, first introduced by (Knight, 1999), analogized
the spreading of messages or content through social media to
a virus, calling viral marketing a “digitalized sneeze” that could
be characterized by the release of “millions of tiny particles
that can infect others who come into contact with them
The relationship B/W VSM marketing & WOM
(2000-2001)
2000
• According to (Jurvetson S. , 2000), defined the term simply as
“network-enhanced word-of-mouth”.
• It is worth putting Viral Marketing into context by considering
its history which has actually started a few years back.
The relationship B/W VSM marketing & WOM
(2000-2001)
2001
• An individual, or the a company “releases a virus” (the
message) and allows it to spread by itself.
• To achieve this, the participation of the recipients is of the
utmost importance.
• Receiving the virus (message) is obviously necessary for
transmission to others, who consequently transmit it again and
so on to create a large network of infected people (Neuborne,
2001).
The relationship B/W VSM marketing & WOM
(2000-2001)
There are three key elements associated with viral marketing:
• Content: the quality of the messages communicated. Can be
text, images or video
• Seeding: identifying web sites or communities to send email to
start the virus
• Tracking: monitoring the impact of the virus
The relationship B/W VSM marketing & WOM
(2000-2001)
Viral Marketing Word of Mouth
Start of distribution Company Users
Timeframe Time limited, temporary Long term
l over information
distribution
Distribution through
multiplier, user are
targeted
Distribution through
known networks
Content of the message The packaging of the
‘Virus’ is the primary
target which gets
distributed
The message itself is in
the focus, content is
rated, interpreted by
own experience
Effort for the user Minimal, mostly it is
just forwarded
Higher because the
content is self-generated
based on the user-
experience
VSM marketing as a Marketing technique
(2002-2008)
2002
Viral marketing refers to marketing techniques that thrives on viral
spread, this means using techniques to reach customers and further
use them to enhance the spread. (Hespos, 2002)
2005
Viral marketing is defined, as “marketing techniques that seek to
exploit pre-existing social networks to produce exponential increases
in brand awareness, through processes similar to the spread of an
epidemic”. (Datta, P, Chowdhury, D, & Chakraborty, 2005)
VSM marketing as a Marketing technique
(2002-2008)
2006
• Digital media- particularly the Internet and its peer-to-peer
technologies such as chartrooms, blogs and file transfer and
social networks-which enable messages to spread faster and
more exponentially than ever before” (Kirby, Justin, Mardsen,
& Paul, 2006).
VSM marketing as a Marketing technique
(2002-2008)
2007
• With consumers showing increasing resistance to traditional
forms of advertising such as TV or newspaper ads, marketers
have turned to alternate strategies, including viral marketing.
• Viral marketing exploits existing social networks by
encouraging customers to share product information with their
friends (Jureleskove, Lada , A. Abamic , Bernardo , &
Huberman, 2007)
VSM marketing as a Marketing technique
(2002-2008)
2008
• (Barnes, N, & Mattson, 2008) Conducted a longitudinal study of the
Inc. 500. This analysis driven research study was geared toward
understanding the depth of social media and viral marketing
utilization within the companies of the Inc. 500
• Study results are conclusive that the rise of social media usage is
here to stay in successful company profiles, and additionally provide
support for the value of a company’s involvement in social media
and correlation to corporate success.
VSM marketing as a Marketing technique
(2002-2008)
• Every area on the graph except
one has grown, ranging from
message boards, social
networking, online video,
blogging to podcasting.
• The only graph point to decline
was the indicator of the
companies who do not use any
social media
VSM marketing as a Marketing technique
(2002-2008)
2008
Evaluation success of viral/social media marketing campaigns
• (Cruz & Fill , 2008) Who conducted a research on viral marketing
evaluation.
• Essentially, they assert that there is no single criterion that could be used as
a measure of success of a VM campaign – instead they propose distinct
goal setting at the beginning of the planning process which then serves as a
success evaluation tool for the campaign.
• They propose a framework which starts with defining a VM campaign’s goal
as being ;
1. Cognitive (reach, awareness, knowledge)
2. Behavioral (hits, downloads, dissemination rate)
3. Financial (ROI, brand equity developments as a result of the campaign)
Comparing B/W VSM marketing with traditional marketing
strategies (2009-2011)
2009
• “The key difference between a viral and a TV ad is that a viral is
something you will seek out, take pleasure in finding, and send on for
someone else to enjoy” (Clifford-Marsh, 2009)
• Social media marketing forces the process for word-of-mouth
advertising and will multiply the message to reach more receivers.
• If the target group can be reached emotionally they are going to
identify and will support the Marketing activities
Comparing B/W VSM marketing with traditional marketing
strategies (2009-2011)
• With the services of Social Media
people can recommend the
products. This leads to word-of-
mouth advertising.
• One user recommends to his
friends, the friends to their
friends and so on. People visit the
company’s homepage more often
and the advertising impact is
higher Word of mouth
Comparing B/W VSM marketing with traditional marketing
strategies (2009-2011)
2010
• According to (Kaplan, Andreas M, & Michael, 2010),
there are six different types of social media:
1. Collaborative projects (e.g., Wikipedia)
2. Blogs and microblogs (e.g., Twitter)
3. Content communities (e.g., YouTube)
4. Social networking sites (e.g., Facebook, MySpace)
5. Virtual game worlds (e.g., World of Warcraft, Why
Ville)
6. Virtual social worlds (e.g., Second Life)
Comparing B/W VSM marketing with traditional marketing
strategies (2009-2011)
(Paschdeka, 2010)
Differentiation of Media
• Traditional Marketing strategies
usually focus on two types of
Media. One to one Media and one
to (n) Media
• This is usually an interpersonal
communication on the phone,
personal, email or postal letters
One to one communication
Comparing B/W VSM marketing with traditional marketing
strategies (2009-2011)
• The 1:n communication has one sender
and many receivers.
• This type of communication is typical for
mass media like newspapers, Radio or
Television but also simple Web Sites with
traditional Web 1.0 technology uses that
method the information is illustrated on
their site and many people are going to
receive the information
Comparing B/W VSM marketing with traditional marketing
strategies (2009-2011)
• The n to n communication is characterized by a
more complex communication structure.
• Everybody can be sender and receiver.
• This could be either a group of people sitting on a
table and talking but in context with Social Media
Marketing this media type can also be used with
Web 2.0 in the Internet.
• In that case the sender would place his message
to Social Media platforms.
• The receivers will read it and have the possibility
to react and comment the message.
Factors are considered by researchers regarding social media
marketing (2011-2012)
• Consumer technology readiness is important for retailers to
remember when marketing on social networks because if their
intended target market does not use social media, is not
familiar with it, or perceives it negatively, then their social
media marketing will be unrewarding.
Factors are considered by researchers regarding social media
marketing (2011-2012)
• The Innovation Adoption Process (IAP) is another instrument that provides
information on a consumer’s acceptance of new technology.
• The IAP is the progression through which an individual goes through the
innovation-decision process (Mady, 2011).
• Five steps make up the process:
1. Knowledge of the innovation
2. Forming an attitude toward the innovation
3. Deciding to adopt or reject the innovation
4. Implementation of the innovation
5. Confirmation of the decision (Mady 2011).
Factors are considered by researchers regarding social media
marketing (2011-2012)
• Virtual Brand Community A main topic being studied involving social
media as a marketing tool is Virtual Brand Communities (VBC). “VBC
can be described as aggregations of consumers that occur on the
internet because of their interest in some brand or product” (Georgi
& Mink, 2012)
• Viral Advertising Viral advertising is “unpaid peer to peer
communication of provocative content originating from an identified
sponsor using the Internet to persuade or influence an audience to
pass along the content to others” (Chu, 2011)
The current trend in VSM marketing as a system & strategic tool
(2012-2016)
2012
• Retailers using Social Media as part of their marketing strategy
• Use most social applications for customer-related purposes and see
clear benefits in improving:
1. Customer relations
2. Market communication
3. Improving their after-sales services
4. Obtaining customer feedback
5. Customer information
The current trend in VSM marketing as a system & strategic tool
(2012-2016)
2013
• Social media marketing is described, as a system that allows
marketers to engage, collaborate, interact, and harness
collective intelligence crowdsourcing for marketing purposes.
• This system integrates social media principles with marketing
communication elements in an effort to create strong and
lasting relationships
The current trend in VSM marketing as a system & strategic tool
(2012-2016)
• A viral marketing typology (Tsitsi,
Chikandiwa , & Jembere, 2013)
At first instance,
• There is viral communication, which
is interaction between message
sender and receiver about a
worthwhile issue.
• In this case, products, services and
organizations are not a feature of
the message; knowledge about
these is intangible and intrinsic.
The current trend in VSM marketing as a system & strategic tool
(2012-2016)
In the second case, the transmission
contains the actual product, service
or organization marketed, but the
aim of the message is not to market
these. Therefore, it is unintentional
viral marketing.
In the third case, the message
contains the product, service and/or
organization being actively
promoted. This type of viral
marketing is commercial
The current trend in VSM marketing as a system & strategic tool
(2012-2016)
2015
Honeycomb Model
• (Khan & Jan, 2015)
Identify seven
functional blocks of
social media
websites:
• Identity,
conversation,
sharing, presence,
relationships,
reputation and
groups.
The current trend in VSM marketing as a system & strategic tool
(2012-2016)
2016
• The most popular trend is that social media is becoming larger
than just social media. It’s not about rapid fire content and
bite-size entertainment, but rather tied into core marketing
strategy (Helsinki,Ward, Latham & Lähdevuori, 2016)
• (Felix, Philipp , Rauschnabel , & Hinsc, 2016) the strategic social
media marketing framework with its four central dimensions.
The current trend in VSM marketing as a system & strategic tool
(2012-2016)
• First; social media marketing scope First,
addresses whether companies use SMM for
communication with one or a few
stakeholders or for collaboration.
• Defenders use social media marketing
primarily as a one-way communication tool
to entertain consumers or to inform
stakeholders, rather than integrating
employees or community groups.
• Conversely, explorers are interested in social
media marketing collaboration based on
interactions with many different stakeholders
such as clients, employees, suppliers, and
government agents
The current trend in VSM marketing as a system & strategic tool
(2012-2016)
Second; social media marketing
culture distinguishes between
conservatism, which is represented
by an encapsulated, traditional, mass
advertising approach to social media
marketing, and modernism, which is
characterized by a more permeable,
open, and flexible social media
marketing culture
The current trend in VSM marketing as a system & strategic tool
(2012-2016)
Third; social media marketing structure
addresses the organization and
departmentalization of the social media
marketing assignment in the firm.
• Hierarchies stand for a centralized
approach with a clearly de- fined social
media marketing assignee.
• Networks represent an organizational
structure in which all employees are
responsible for social media marketing,
and thus a dedicated social media
marketing director is no longer
necessary.
The current trend in VSM marketing as a system & strategic tool
(2012-2016)
Fourth; social media marketing
• governance refers to how the
company establishes rules and
guidelines and how social media
marketing responsibilities are
controlled in the company.
• autocracy describes a situation with
precise regulations on who in the
company is allowed to interact on
social media platforms.
• Conversely, anarchy represents a
situation without any such rules or
guidelines
The suggestions for viral/ marketing social media as
strategic tool
• The present paper provides suggestions to the future
research studies in this domain;
First: evaluating the success of VSM marketing campaign
• The present paper suggests to the future research studies in
this domain to find new measures, parameters by which the
marketer can simply evaluate and measure the success and the
effectiveness of the VSM Marketing campaign
The suggestions for viral/ marketing social media as strategic
tool
• Second: proposing SVSM Model
The proposed model is a mix of SCAN model & Life Cycle model
1. SCAN Model
• SCAN model by which the company can determine their position and
in turn specify the suitable/ appropriate strategy which copes/ suits
with the current position of the organization.
• Otherwise; SCAN model is a tool that is inherently based on SWOT
analysis model which helps the company to evaluate their external &
internal environment
SCAN model
SCAN model
SCAN model
The Company Life Cycle Model
SVSM Marketing model
• REFERENCES
• Barnes, N, & Mattson, E. (2008). Social media in the Inc. 500: The first longitudinal study [Electronic version. University of Massachusetts Dartmouth Center for
Marketing Research.
• Chu, S.-C. (2011). “Viral advertising in social media: Participation in Facebook groups and responses among college-aged users. Journal of Interactive Advertising,
12: 30-43.
• Clifford-Marsh, E. (2009). Viral marketing [Electronic version]. Revolution. 50-52.
• Cocktail, A. (2012). Observatorio de redes sociales [Observatory of Social Networking Sites]. Emerald Insight.
• Cruz, D, & Fill , C. (2008). “Evaluating viral marketing: isolating the key criteria”. Emerald Insight, Marketing intelligence and planning, Vol. 26, No. 7. pp. 743-758.
• Datta, P, Chowdhury, D, D., & Chakraborty, B. (2005). Viral marketing: New form of wordof- mouth through internet [Electronic version]. The Business Review,
Cambridge,, 3(2), 69-75.
• Felix, R., Philipp , Rauschnabel , & Hinsc, C. (2016). Elements of strategic social media marketing: A holistic framework. Journal of Business Research, 9.
• Georgi, D., & Mink, M. (2012). “eCCIq: The quality of electronic customer-to customer interaction,”. Journal of Retailing and Consumer Services.
• Granitz, N, A., & Ward , J. C. (1996). Virtual community: a sociological analysis”, Advances in Consumer Research. Emerald Insight, Vol. 23, pp. 161-166.
• Helsinki., J, D., Ward, Latham, S., & Lähdevuori, J. (2016). Social media marketing trend. New York, London,.
• Hespos, T. (2002). BMW Films: The Ultimate Marketing Scheme. Emerald Insight.
• Jureleskove, Lada , A., A. Abamic , Bernardo , A., & Huberman. (2007). he Dynamics of Viral Marketing. ACM Transactions on the Web, Vol. 1, No. 1.
• Jurvetson, S, & Draper, T. (1997). Viral Marketing Phenomenon Explained. Emerald Insight.
• Jurvetson, S. (2000). What exactly is viral marketing? Emerald Insight, 78, 110–112.
• Kaplan, A. M., Andreas M, M., & Michael, H. (2010). The Challenges and Opportunities of Social Media.”. Business Horizons, 53: 59-68.
• Kaplan, M, A., & Haenlein. , M. (2010). Users of the World, Unite! The Challenges and Opportunities of Social Media.”. Business Horizons, 53: 59-68.
• Khan, M. F., & Jan, A. (2015). Social Media and Social Media Marketing: A Literature Review. IOSR Journal of Business and Management (IOSR-JBM, e-ISSN: 2278-
487X, p-ISSN: 2319-7668. Volume 17, Issue 11, PP 12-15.
• Kirby, Justin, Mardsen, & Paul. (2006). Connected Marketing, the viral, buzz and Word of Mouth revolution. Butterworth-Hainemann.
• Knight, C. (1999). Viral marketing – defy traditional methods for hyper growth”. Broadwatch Magazine, , Vol. 13 No. 1, pp. 50-53.
• Mady, T. T. (2011). “Sentiment toward marketing: Should we care about consumer alienation and readiness to use technology? Journal of Consumer Behavior, 10:
192-204.
• Neuborne, E. (2001). “Viral marketing alert! E-mails bearing ads are starting to raise consumers’ temperatures”,. BusinessWeek.
• Paschdeka, R. (2010). Social Media Marketing in Business to Business Markets.
• Paschdeka, R. (2010). Social Media Marketing in Business to Business Markets. Emerald Insight.
• Strang, D., & Soule, S. A. (1998). DIFFUSION IN ORGANIZATIONS AND SOCIAL MOVEMENTS: From Hybrid Corn to Poison Pills. Annu. Rev. Sociol. 1998. . Copyright
© 1998 by Annual Reviews. All rights reserved. ., 24:265–90.
• Tsitsi, S., Chikandiwa , E., & Jembere, C. E. (2013). "The adoption of social media marketing in South African banks". European Business Review,, Vol. 25 Iss 4 pp.
Thank you!

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Viral Social Media Marketing Evolution and Future Trends

  • 1. Viral/ Social Media Marketing Mona Mostafa El- Ashry DBA Cairo University
  • 2. 1st Stage Historical evolution of VSM marketing since (1996 to 2012) 2nd Stage The evolution of VSM marketing since (2012 to 2016) 3rd Stage Suggestions for the future research studies in this domain Table of Content Introduction
  • 3. Introduction The Web as Platform • In the Web 1.0 area the Internet was a collection of Websites that just showed static information. • With Web 2.0 the Internet transforms into a platform where applications move from the client to the Web, so the Web transforms to a service platform.
  • 4. Introduction Social Media • “Social Media is a group of Internet-based applications that build on the ideological and technological foundations of Web 2.0, and that allow the creation and exchange of User Generated Content.” • The term Social Media describes the exchange of information and experience with help of Community sites in the Internet
  • 5. Introduction • Traditional media like newspapers or television are one-way technologies and static broadcast technologies • The advertiser has to pay a lot to place ads. • The person who receives the ad is forced to watch it but independent if the person likes or dislikes it he cannot react on it. • A study of the (Roland Paschdeka. 2010) shows the Evolution of the communication channels from 1986 till today
  • 6. Introduction Social Media Marketing • Is a process to reach people in a broad community which would not be reached by traditional Marketing channels. • Social Media Marketing addresses a huge community and not individual people. Viral/ Social Media Marketing Is the use of social media channels to spread any message for creating brand awareness
  • 10. The prediction for the rise of VSM marketing (1996-1999) 1996 (Granitz, N, & Ward , 1996) Predicted the development of the internet as a new platform for what until then had been regarded as word-of- mouth communication 1997 The term viral marketing was coined by (Jurvetson, S, & Draper, 1997) to describe the manner in which free e-mail service called Hotmail was promoted
  • 11. The prediction for the rise of VSM marketing (1996-1999) Hotmail • The Web-based email service that launched in 1996. • Tim Draper, 1997 persuaded Hotmail to include a promotional pitch with a clickable URL in every message sent by a Hotmail user. • There in lay one of the critical elements of viral marketing: every customer becomes an involuntary salesperson simply by using the product
  • 12. The prediction for the rise of VSM marketing (1996-1999) Hotmail • short line of promotional text to the bottom of every email message sent via their service, clocking up 12 million sign-ups within 18 months from a marketing spend of US $500 000. • The Hotmail user base grew faster than any media company in history—faster than CNN. • By mid-2000, Hotmail had over 66 million users with 270,000 new accounts established each day
  • 13. The prediction for the rise of VSM marketing (1996-1999) 1998 • According to (Strang & Soule, 1998) Diffusion refers to the spread of something within a social system. • The key term here is spread, and it should be taken viscerally (as far as ones constructionism permits) to denote flow or movement from a source to an adopter, via communication and influence. • We use the term practice to denote the diffusing item, which might be a behavior, strategy, belief, technology, or structure
  • 14. The prediction for the rise of VSM marketing (1996-1999) 1999 • Viral marketing, first introduced by (Knight, 1999), analogized the spreading of messages or content through social media to a virus, calling viral marketing a “digitalized sneeze” that could be characterized by the release of “millions of tiny particles that can infect others who come into contact with them
  • 15. The relationship B/W VSM marketing & WOM (2000-2001) 2000 • According to (Jurvetson S. , 2000), defined the term simply as “network-enhanced word-of-mouth”. • It is worth putting Viral Marketing into context by considering its history which has actually started a few years back.
  • 16. The relationship B/W VSM marketing & WOM (2000-2001) 2001 • An individual, or the a company “releases a virus” (the message) and allows it to spread by itself. • To achieve this, the participation of the recipients is of the utmost importance. • Receiving the virus (message) is obviously necessary for transmission to others, who consequently transmit it again and so on to create a large network of infected people (Neuborne, 2001).
  • 17. The relationship B/W VSM marketing & WOM (2000-2001) There are three key elements associated with viral marketing: • Content: the quality of the messages communicated. Can be text, images or video • Seeding: identifying web sites or communities to send email to start the virus • Tracking: monitoring the impact of the virus
  • 18. The relationship B/W VSM marketing & WOM (2000-2001) Viral Marketing Word of Mouth Start of distribution Company Users Timeframe Time limited, temporary Long term l over information distribution Distribution through multiplier, user are targeted Distribution through known networks Content of the message The packaging of the ‘Virus’ is the primary target which gets distributed The message itself is in the focus, content is rated, interpreted by own experience Effort for the user Minimal, mostly it is just forwarded Higher because the content is self-generated based on the user- experience
  • 19. VSM marketing as a Marketing technique (2002-2008) 2002 Viral marketing refers to marketing techniques that thrives on viral spread, this means using techniques to reach customers and further use them to enhance the spread. (Hespos, 2002) 2005 Viral marketing is defined, as “marketing techniques that seek to exploit pre-existing social networks to produce exponential increases in brand awareness, through processes similar to the spread of an epidemic”. (Datta, P, Chowdhury, D, & Chakraborty, 2005)
  • 20. VSM marketing as a Marketing technique (2002-2008) 2006 • Digital media- particularly the Internet and its peer-to-peer technologies such as chartrooms, blogs and file transfer and social networks-which enable messages to spread faster and more exponentially than ever before” (Kirby, Justin, Mardsen, & Paul, 2006).
  • 21. VSM marketing as a Marketing technique (2002-2008) 2007 • With consumers showing increasing resistance to traditional forms of advertising such as TV or newspaper ads, marketers have turned to alternate strategies, including viral marketing. • Viral marketing exploits existing social networks by encouraging customers to share product information with their friends (Jureleskove, Lada , A. Abamic , Bernardo , & Huberman, 2007)
  • 22. VSM marketing as a Marketing technique (2002-2008) 2008 • (Barnes, N, & Mattson, 2008) Conducted a longitudinal study of the Inc. 500. This analysis driven research study was geared toward understanding the depth of social media and viral marketing utilization within the companies of the Inc. 500 • Study results are conclusive that the rise of social media usage is here to stay in successful company profiles, and additionally provide support for the value of a company’s involvement in social media and correlation to corporate success.
  • 23. VSM marketing as a Marketing technique (2002-2008) • Every area on the graph except one has grown, ranging from message boards, social networking, online video, blogging to podcasting. • The only graph point to decline was the indicator of the companies who do not use any social media
  • 24. VSM marketing as a Marketing technique (2002-2008) 2008 Evaluation success of viral/social media marketing campaigns • (Cruz & Fill , 2008) Who conducted a research on viral marketing evaluation. • Essentially, they assert that there is no single criterion that could be used as a measure of success of a VM campaign – instead they propose distinct goal setting at the beginning of the planning process which then serves as a success evaluation tool for the campaign. • They propose a framework which starts with defining a VM campaign’s goal as being ; 1. Cognitive (reach, awareness, knowledge) 2. Behavioral (hits, downloads, dissemination rate) 3. Financial (ROI, brand equity developments as a result of the campaign)
  • 25. Comparing B/W VSM marketing with traditional marketing strategies (2009-2011) 2009 • “The key difference between a viral and a TV ad is that a viral is something you will seek out, take pleasure in finding, and send on for someone else to enjoy” (Clifford-Marsh, 2009) • Social media marketing forces the process for word-of-mouth advertising and will multiply the message to reach more receivers. • If the target group can be reached emotionally they are going to identify and will support the Marketing activities
  • 26. Comparing B/W VSM marketing with traditional marketing strategies (2009-2011) • With the services of Social Media people can recommend the products. This leads to word-of- mouth advertising. • One user recommends to his friends, the friends to their friends and so on. People visit the company’s homepage more often and the advertising impact is higher Word of mouth
  • 27. Comparing B/W VSM marketing with traditional marketing strategies (2009-2011) 2010 • According to (Kaplan, Andreas M, & Michael, 2010), there are six different types of social media: 1. Collaborative projects (e.g., Wikipedia) 2. Blogs and microblogs (e.g., Twitter) 3. Content communities (e.g., YouTube) 4. Social networking sites (e.g., Facebook, MySpace) 5. Virtual game worlds (e.g., World of Warcraft, Why Ville) 6. Virtual social worlds (e.g., Second Life)
  • 28. Comparing B/W VSM marketing with traditional marketing strategies (2009-2011) (Paschdeka, 2010) Differentiation of Media • Traditional Marketing strategies usually focus on two types of Media. One to one Media and one to (n) Media • This is usually an interpersonal communication on the phone, personal, email or postal letters One to one communication
  • 29. Comparing B/W VSM marketing with traditional marketing strategies (2009-2011) • The 1:n communication has one sender and many receivers. • This type of communication is typical for mass media like newspapers, Radio or Television but also simple Web Sites with traditional Web 1.0 technology uses that method the information is illustrated on their site and many people are going to receive the information
  • 30. Comparing B/W VSM marketing with traditional marketing strategies (2009-2011) • The n to n communication is characterized by a more complex communication structure. • Everybody can be sender and receiver. • This could be either a group of people sitting on a table and talking but in context with Social Media Marketing this media type can also be used with Web 2.0 in the Internet. • In that case the sender would place his message to Social Media platforms. • The receivers will read it and have the possibility to react and comment the message.
  • 31. Factors are considered by researchers regarding social media marketing (2011-2012) • Consumer technology readiness is important for retailers to remember when marketing on social networks because if their intended target market does not use social media, is not familiar with it, or perceives it negatively, then their social media marketing will be unrewarding.
  • 32. Factors are considered by researchers regarding social media marketing (2011-2012) • The Innovation Adoption Process (IAP) is another instrument that provides information on a consumer’s acceptance of new technology. • The IAP is the progression through which an individual goes through the innovation-decision process (Mady, 2011). • Five steps make up the process: 1. Knowledge of the innovation 2. Forming an attitude toward the innovation 3. Deciding to adopt or reject the innovation 4. Implementation of the innovation 5. Confirmation of the decision (Mady 2011).
  • 33. Factors are considered by researchers regarding social media marketing (2011-2012) • Virtual Brand Community A main topic being studied involving social media as a marketing tool is Virtual Brand Communities (VBC). “VBC can be described as aggregations of consumers that occur on the internet because of their interest in some brand or product” (Georgi & Mink, 2012) • Viral Advertising Viral advertising is “unpaid peer to peer communication of provocative content originating from an identified sponsor using the Internet to persuade or influence an audience to pass along the content to others” (Chu, 2011)
  • 34. The current trend in VSM marketing as a system & strategic tool (2012-2016) 2012 • Retailers using Social Media as part of their marketing strategy • Use most social applications for customer-related purposes and see clear benefits in improving: 1. Customer relations 2. Market communication 3. Improving their after-sales services 4. Obtaining customer feedback 5. Customer information
  • 35. The current trend in VSM marketing as a system & strategic tool (2012-2016) 2013 • Social media marketing is described, as a system that allows marketers to engage, collaborate, interact, and harness collective intelligence crowdsourcing for marketing purposes. • This system integrates social media principles with marketing communication elements in an effort to create strong and lasting relationships
  • 36. The current trend in VSM marketing as a system & strategic tool (2012-2016) • A viral marketing typology (Tsitsi, Chikandiwa , & Jembere, 2013) At first instance, • There is viral communication, which is interaction between message sender and receiver about a worthwhile issue. • In this case, products, services and organizations are not a feature of the message; knowledge about these is intangible and intrinsic.
  • 37. The current trend in VSM marketing as a system & strategic tool (2012-2016) In the second case, the transmission contains the actual product, service or organization marketed, but the aim of the message is not to market these. Therefore, it is unintentional viral marketing. In the third case, the message contains the product, service and/or organization being actively promoted. This type of viral marketing is commercial
  • 38. The current trend in VSM marketing as a system & strategic tool (2012-2016) 2015 Honeycomb Model • (Khan & Jan, 2015) Identify seven functional blocks of social media websites: • Identity, conversation, sharing, presence, relationships, reputation and groups.
  • 39. The current trend in VSM marketing as a system & strategic tool (2012-2016) 2016 • The most popular trend is that social media is becoming larger than just social media. It’s not about rapid fire content and bite-size entertainment, but rather tied into core marketing strategy (Helsinki,Ward, Latham & Lähdevuori, 2016) • (Felix, Philipp , Rauschnabel , & Hinsc, 2016) the strategic social media marketing framework with its four central dimensions.
  • 40. The current trend in VSM marketing as a system & strategic tool (2012-2016) • First; social media marketing scope First, addresses whether companies use SMM for communication with one or a few stakeholders or for collaboration. • Defenders use social media marketing primarily as a one-way communication tool to entertain consumers or to inform stakeholders, rather than integrating employees or community groups. • Conversely, explorers are interested in social media marketing collaboration based on interactions with many different stakeholders such as clients, employees, suppliers, and government agents
  • 41. The current trend in VSM marketing as a system & strategic tool (2012-2016) Second; social media marketing culture distinguishes between conservatism, which is represented by an encapsulated, traditional, mass advertising approach to social media marketing, and modernism, which is characterized by a more permeable, open, and flexible social media marketing culture
  • 42. The current trend in VSM marketing as a system & strategic tool (2012-2016) Third; social media marketing structure addresses the organization and departmentalization of the social media marketing assignment in the firm. • Hierarchies stand for a centralized approach with a clearly de- fined social media marketing assignee. • Networks represent an organizational structure in which all employees are responsible for social media marketing, and thus a dedicated social media marketing director is no longer necessary.
  • 43. The current trend in VSM marketing as a system & strategic tool (2012-2016) Fourth; social media marketing • governance refers to how the company establishes rules and guidelines and how social media marketing responsibilities are controlled in the company. • autocracy describes a situation with precise regulations on who in the company is allowed to interact on social media platforms. • Conversely, anarchy represents a situation without any such rules or guidelines
  • 44. The suggestions for viral/ marketing social media as strategic tool • The present paper provides suggestions to the future research studies in this domain; First: evaluating the success of VSM marketing campaign • The present paper suggests to the future research studies in this domain to find new measures, parameters by which the marketer can simply evaluate and measure the success and the effectiveness of the VSM Marketing campaign
  • 45. The suggestions for viral/ marketing social media as strategic tool • Second: proposing SVSM Model The proposed model is a mix of SCAN model & Life Cycle model 1. SCAN Model • SCAN model by which the company can determine their position and in turn specify the suitable/ appropriate strategy which copes/ suits with the current position of the organization. • Otherwise; SCAN model is a tool that is inherently based on SWOT analysis model which helps the company to evaluate their external & internal environment
  • 49. The Company Life Cycle Model
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