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Marketing Through Viral Marketing
Viral Marketing refers to marketing that spreads itself.
There is nothing dishonest about the practice, though it is
often misused. Learn how to make it work right for your business.
Viral marketing sounds nasty, but it is actually one of the
great processes of the 21st century, which is becoming refined
and applied more creatively all the time. It is often misused,
so you must be careful to only use honorable tactics, but
when used correctly, can develop power exponentially.
Viral marketing is built on a couple of concepts:
1. When you reach all of the people within your own sphere
of influence, you can build a comfy little Mom and Pop business.
When you take that one step further, and each person you contact
reaches people within THEIR sphere of influence, the numbers
explode in a much bigger potential.
2. If you provide incentives, most people are willing to
do a bit of marketing for you in exchange for something you
give them or do for them.
3. If you think creatively, you can figure out some kind
of incentive to offer for almost any business.
Viral marketing consists of using other people to spread
your marketing message far beyond the scope of your own reach.
Affiliate marketing is perhaps the best known form of this,
multiple tier programs especially. eBooks, Link Exchanges,
Certain types of Freebies, MLM marketing, Article Marketing,
Forwardable eZines, and Chain Letters are all forms of viral
marketing. Chain letters are the one item in this list that
are not ethical, and that are never used by legitimate businesses.
But lets explore how some of the other methods work, so you
can understand the concepts that make them work. Once that
is understood, you can come up with an idea to spread your
own business in a way that does not cost you heavily.
Affiliate marketing is effective for many businesses because
it compensates other people for reaching people within their
sphere. When you pay only for sales, you only pay for results,
so the cost of advertising is well contained. The real power
of affiliate marketing comes from a multi-tier system. That
means that for each person that signs up with you, you pay
a certain commission on sales. Then you also pay them a commission
on sales generated by anyone that signs up as an affiliate
under them. This has far more power than a single level program,
because your affiliates not only sell your product, they sell
your affiliate program as well. The program has the potential
to perpetuate itself far beyond the people who would normally
come in contact with your business.
Distributorships and MLM marketing were the original concept
behind all this. They have been so badly misused, and dishonorably
sold though, that it can be quite difficult to succeed with
one. They originated the concept of compensation on the sales
of your downline though. True Multi Level Marketing is a form
of viral marketing. In other words, marketing with an incentive
built in to perpetuate itself.
I believe that the true power of viral marketing goes deeper
than these common concepts though, and it is being applied
in many ways across the net, and through offline tactics.
Here are how some of those work:
eBooks - Giving away an eBook can show your expertise in
a specific field. Giving away an eBook with the right of the
recipient to give it away, means that it may spread far and
wide. Because if you give someone something they can place
as a download or incentive on their site, you have given them
something of value. Just make sure that every copy contains
your URL and contact information, and a description of what
you do, and it becomes self-perpetuating advertising. Make
sure your content is actually valuable though, a glorified
ad will be of value to no one.
Link Exchanges - Link exchanges are pretty simple. You trade
link for link with someone else. Each link from someone else's
site to yours helps you a little. But it does not feed itself.
To give it some power, you need to do one of two things: Figure
out how to make other people come to you for trades, or figure
out how to reward people for passing on your link. This can
be as simple as setting up a form on your page for people
to submit their links to (make sure you can review them before
posting them so you weed out the illegals and the SPAMmers),
to offering an incentive for a link placed (and that incentive
can also have your URL on it and be replicatable so the recipient
can give it away).
Freebies - There are all kinds of freebies on the net. Some
have more value than others. And some are easier to use for
marketing than others. Ideally, the best freebies for marketing
are 1. Able to have a URL printed on them or embedded in them.
2. Replicatable so that you can offer them unlimited times
without it costing you more. 3. Free to pass on so that anyone
who receives it and likes it can give it to someone else.
4. Genuinely valuable so that people will WANT to get it,
and want to offer it as a freebie themselves. So don't just
post a freebie on your site, figure out how that freebie can
work for you long after it leaves your site, without being
obnoxious to the recipient. Images can be watermarked, clipart
can be created and posted for use with the stipulation that
they link back to you on any page they use it on, entire websites
or sections can be replicatable in return for link placements,
RSS feeds can be branded, services can be traded for links,
etc.
Articles - Post articles for free use by others, on the condition
that your signature remain intact. In fact, you can put a
notice in the signature line when you post them on your own
site that states this, so if others post it on THEIR site,
it is available for reprinting there too. If you post them
on certain forums for exchange you won't be able to do that,
but they will reach a good market usually anyway. Again, it
MUST be more than just a glorified ad, or it won't get passed
on.
eZines - eZines can become a form of viral marketing when
they contain the notice at the bottom that the eZine may be
forwarded intact to anyone. Taking it one step further, you
can put a notice on articles that you write for it that invites
people to reprint the article with the signature line intact.
Discounts - Discounts can be used as a means of spreading
the word. If you include extra business cards with a discount
printed on the back with each order that you fill for your
customers, and invite them to share those cards, then your
business is advertised to their acquaintances also.
Invitations - Any time you advertise a special event, sale,
or new product, include an invitation to your customers to
photocopy the flyer and pass it on. You can offer an incentive
with this if you like - "Bring a friend and get a free
gift". But make sure you can track and process the incentive
accurately.
If you use it right, viral marketing has tremendous power.
It is best when applied creatively to your site, and when
it provides a truly useful product or service to others. The
great thing about the web is that it is worth it to spend
hours creating a good marketing incentive program, because
once it is set up, it runs virtually on auto-pilot. It may
take you weeks to produce a good quality eBook, or several
days to write a really good article. But once it is done,
it goes on working for you over and over with no real additional
cost per person. An affiliate program will go on working for
you with a monetary cost only when someone buys, and a distributorship,
when set up intelligently, will go on replicating itself with
very little ongoing cost. Images and articles will go out
across the world into places you could not imagine, far beyond
the few minutes you spent uploading them.
Make sure you never abuse your customer's confidence, and
never become obnoxious about it. Viral marketing is based
on value earned for value given, just as anything else is.
The web just makes it very easy to give good value over and
over. Somewhere in your business, there is something you can
give as a marketing incentive. Do it creatively and generously,
and it will come back to you many times over.
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