You should consider viral marketing If you
are looking to launch a new product and want to quickly
capture dominant market position . . . or if you are
looking to raise funds, impact public policy with a
petition or call-to-action . . . or to get voters to the
polls (GOTV) in support of a particular candidate or
position.
Viral Marketing is where the individuals
you communicate with pass that communication on to
others quickly multiplying the number of recipients.
The idea is that your message spreads exponentially like an
actual virus as one person communicates your message to
another five or ten recipients.
Because it essentially accomplishes this
through word-of-mouth, you become the beneficiary of
free advertising circulation. Where the Internet
is the original method used to communicate your message
to the original recipients, your media expenditure is
comparatively very small to start with, and perhaps free
if you deployed that email yourself to your own house
list.
Consider
this: an e-mail targeted to only 10 individuals, will reach ONE
BILLION people by the 9th transmission if each recipient
forwards the message to just 10 more recipients!
Now imagine the enormous potential that can be reached with
lifestyle-enhanced, opt-in e-mail lists utilized in quantities
of 100,000 or 1,000,000 addresses for a viral marketing
campaign of your own!
Your email campaign
becomes viral in nature by the mere addition of a "forward this
on to" . . . "your friends and family" . . . "colleagues and
associates" . . . "at least 10 other people" . . . "to everyone
you know", etc.
This model was developed
by Hotmail, a free web-based email account provider. It
grew a subscriber base more rapidly than any company in the
history of the world using a similar approach of an imbedded
advertising message at the bottom of the free email form their
subscribers use. With this technique, Hotmail signed up
over 12,000,000 subscribers in under 18 months. It spent
less than $500,000 on advertising and marketing compared to
$20,000,000 spent by its closest competitor, Juno, who
subscribed only a fraction of this number of subscribers in the
same time frame.
Strategic use of e-mail and the Internet allowed past and
present Presidential hopefuls like John McCain and John Dean to
raise millions of dollars in a matter of days with the
multiplying effect of viral marketing. Charities have also
successfully used this technique to quickly raise emergency
funds for a quick response to natural disasters.
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