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Viral Marketing: Word-of-Mouth via Internet

Viral Marketing: Word-of-Mouth via Internet

Viral marketing is a technique that is used by companies to influence individuals to pass marketing messages onto others. A message or a file can be passed on the Internet via peer-to-peer networks, which is what makes viral marketing so effective. Word-of-mouth is the most effective way to advertise a brand or a company’s products or services. Viral marketing is the word-of-mouth advertising for the Internet. One of the reasons that viral marketing is used widely by marketers is because viral marketing methods can be easily measured. According to IMC 613’s lesson six; “viral marketing firm Digital Media Communications has worked with companies like Apple and Microsoft to create online monitoring software that measures consumer awareness by tracking how wide a viral video clip as spread” (Perley, Lesson 6, 2009).

According to IMC 613 Lesson six, “there are six basic elements that all marketers should think about including in their viral marketing strategy” (Perley, Lesson 6, 2009). These elements include;

  1. Giving away products or services
  2. Providing effortless transfer to others
  3. Scaling easily from small to very large
  4. Exploiting common motivations and behaviors
  5. Utilizing existing communication networks
  6. Taking advantage of others’ resources

(Perley, Lesson 6, 2009)

Microsoft’s Hotmail is one of the first companies known to utilize viral marketing. The company offered a simple exchange: a free e-mail service for users as long as the company could put a one line promotion at the end of every e-mail. According to Carol Waugh, author of the article “Viral Marketing” on Xcellent Marketing.com, “The promotion line encouraged the recipient of the email message to go to hotmail.com and sign up for their own free email service” (Waugh, 2000).

Amazon.com is another example of a company that utilizes viral marketing. According to Carol Waugh’s article, Amazon lets users send books to friends, which in turn gives Amazon potential buyers and allows the company to insert promotional materials into the products that are being sent to the friend. Geocities is a site that allows users to make their own Web pages and invite friends to look at these pages. When a user visits one of these web pages they are prompted with an option that allows them to create their own Web site (Waugh, 2000).

Viral marketing is an easy and inexpensive way to draw traffic to a Web Site. Companies can offer users prizes for inviting a certain amount of people to the site or for referring a friend. Also, like Hotmail, companies can insert a promotion at the bottom of an e-mail or companies can give visitors the option to create their own Web site like Geocities does. This type of viral marketing can increase Web site traffic dramatically and can allow companies the option to connect with more users.

References:

Perley Isaac Reed School of Journalism, West Virginia University (2009). Lesson 6: Pass along media I: Viral, Buzz, Word-of-Mouse/Mouth, and Word of Blog. Retrieved December 21, from the WVU eCampus Web site: http://ecampus.wvu.edu/

Waugh, C. A. (2000). Viral Marketing. Retrieved December 21, 2009, from http://www.xcellentmarketing.com/html/articles/viral2000.html

Internet-only Companies Utilize Emerging Media

Internet-only Companies Use Emerging Media for Success

There are many Internet-only companies that can be accessed on the Web. Companies profit off of using social media and other emerging media to market the company’s brand and the products or services that it sells. According to the article, “Top Internet Companies duke it out,” by Rick Munarriz, the top 10 web properties include:

1. Google

2. Microsoft

3. Yahoo

4. AOL

5. News Corp

6. Facebook

7. IAC

8.  Ebay

9.  Apple

10. Amazon

Each of these properties has a different unique audience population; with the highest being Google’s with 155.6 million and the lowest being Amazon’s with 59.6 million. Although the unique audience populations go from lowest to highest, the amount of time per month that a user spends on each sight varies. For example, the average Facebook user spends 4 hours and 40 minutes on Facebook each month while a Google user usually spends 2 hours and 31 minutes on Google per month (Munarriz, 2009).

Using Emerging Media

Facebook

Many of the top 10 web properties use various emerging media outlets to market their companies. I am going to use Facebook as an example of one of these companies that has used various emerging media techniques to market its social networking Web site.

For example, Facebook is a social networking site (like Twitter) but it also uses a social networking site to market Facebook. Facebook’s official Twitter is located at http://twitter.com/Facebook and has over 160,000 followers. The Facebook Twitter updates followers on the latest Facebook news and applications and also allows followers to post comments and post ideas and feedback (Facebook, 2009). Google has over one million followers on its Twitter account. You can check it out here: http://twitter.com/google. Amazon, Apple and Ebay all have Twitter accounts to market their companies as well.

Facebook utilizes YouTube as well. Facebook has its own YouTube channel located at http://www.youtube.com/facebook#p/c/F0F2972302FBC189. Facebook has various videos of different employees showing users how to utilize Facebook and how Facebook was created. There is a section on the Web site where subscribers can comment on the page and the various YouTube videos. The page also updates users with the latest Facebook news (YouTube, 2009).

The videos that Facebook posts on YouTube are focused on showing the consumer what the company is about and how the company comes up with some of its ideas. The main video on the Web site currently is called “Prime Time Hack: The Birth of Facebook Video.” It is very interesting to hear the creators speak about how Facebook videos were created and the reason that they were created. Take a look at the video below:

References:

Facebook (Facebook) on Twitter. 2009. Retrieved December 21, 2009, from http://twitter.com/Facebook

Munarriz, R.A. (14, July 2009). Top Internet Companies Duke it out. Retrieved December 21, 2009, from http://www.fool.com/investing/general/2009/07/14/top-internet-companies-duke-it-out.aspx

YouTube-theofficialfacebook’s Channel. (2009). Retrieved December 21, 2009, from http://www.youtube.com/facebook#p/c/F0F2972302FBC189

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