| VIRAL MARKETING IN SOCIAL MEDIA FINAL | | | | conversations and offer a quality level of service. |
| It took radio 38 years to reach 50 million listeners. | | | | - Being authentic, transparent, and honest. The |
| Pre-Cable TV took 13 years to reach 50 million | | | | end goal is to develop ongoing trust and loyalty. |
| users.. | | | | - Make your touch points intuitive, easy access, |
| The internet took four years to reach 50 million | | | | and minimal restrictions. |
| people... | | | | Building your social media viral marketing campaign |
| In less than nine months Facebook added 100 | | | | requires four major segments. |
| million users. | | | | 1. Start with the proper planning, messaging, |
| For less than a $1,000 you can launch a viral | | | | target, audience, and budgets. |
| marketing campaign with the potential to reach | | | | 2. Build a story with wings to fly. |
| thousands of people, if not millions quickly and | | | | 3. Select the media channels to disseminate your |
| almost effortlessly. | | | | story. |
| Take for example the Blendtec Company, a | | | | 4. Measure and manage user attention and |
| maker of food processors and blenders, who | | | | participation. |
| placed a series of YouTube videos called "Will It | | | | STEP 1 - PLANNING, GOALS, TARGET |
| Blend?" Arising our curiosity and sense of dark | | | | AUDIENCE |
| humor Blendtec blended golf balls, an iPhone, and | | | | - Identify and understand the needs and wants of |
| even a bag of marbles. It was fascinating to | | | | your target audience - put each individual into |
| watch a glowing iPhone being reduced to black | | | | segments based on actual behavior across the |
| powder and shredded plastic. In a short matter of | | | | web. |
| time Blendtec logged 8 million visitors while sales | | | | - If your product requires consideration to |
| increased over 800%. Don't we just enjoy | | | | purchase, then determine the level of research |
| watching things being destroyed? | | | | your prospects are doing today on the internet. |
| Burger King launched an interactive video on their | | | | - Identify your competition. Determine what |
| micro website with a man dressed as a chicken. | | | | websites your target audience has been visiting |
| In the message bar you can insert a command | | | | recently and what draws their interest. |
| and the chicken-man would jump, run, dance, and | | | | - If you're going to advertise on other websites, |
| play dead. You get the picture. People loved the | | | | then determine which of those sites are already |
| creativity, fun, and sense of control. Within 24 | | | | converting ads into leads in your category. |
| hours the site received 1 million hits and by the | | | | - Determine which social media sites are attracting |
| end of the week eight million. Not bad for a | | | | your best prospects and understand their |
| chicken man. | | | | behavior. |
| Down in Orlando Florida, Universal Studios launched | | | | - Determine the health and reputation of your |
| a new attraction based on the Harry Potter | | | | brand by tuning into relevant blogs, microblogs, |
| series. Instead of deploying expensive advertising | | | | and forums. |
| through mass media, Universal teamed up with | | | | - On your website run A/B tests to measure |
| the author J.K. Rowling, to give a special webinar | | | | messaging and conversion ratio. |
| to the top seven Harry Potter maven fans. | | | | - Monitor and measure the prospect's |
| Afterwards, the seven maven fans shared their | | | | conversation along the entire communications |
| news on blogs and forums with great energy and | | | | chain; from emails, live chats, recommendations, |
| enthusiasm. The media picked it up and ran with | | | | and call center. You'll need strong interactive |
| the story. Meanwhile, Universal setup a micro site | | | | marketing software tools such as Aprimo, Eloqua, |
| for bloggers and the media to ascertain more | | | | HubSpot, and Omniture. |
| information on the park's new attraction. In just a | | | | - Close the conversation loop with your visitors |
| few weeks this viral marketing tactic spread the | | | | by encouraging them to complete a comments or |
| news from seven people to over 300 Million. Of | | | | product recommendation. |
| course, it helps when you have an established | | | | - What are your goals? |
| base of loyal Harry Potter fans. | | | | - Sell something |
| TRUST: Content Democratization: We are | | | | - Build awareness |
| migrating from push advertising to pull; allowing | | | | - Capture their attention |
| users greater access, participation, and control | | | | - Engage them in a conversion |
| based on trust. | | | | - Call to action |
| In the last ten years both the media and | | | | - Retain customers |
| information technology industries have been | | | | STEP 2- BUILD A STORY WITH WINGS |
| migrating from a traditional push advertising | | | | Every good viral marketing campaign requires an |
| environment (TV & newspaper ads) to | | | | emotional story that is original or sticky. Video by |
| interactive (pull) advertising using interactive | | | | far is the fastest and easiest tool to spread a |
| content. The days of advertiser content | | | | story that sticks. In addition, a sustainable |
| dominance is being transformed into a | | | | campaign will need layers of various components |
| democratization process whereby quality content | | | | to keep the momentum going. Using the billboard |
| is interacted, shared, and rated. The | | | | affect, users will give you three to five seconds |
| democratization process allows the consumer | | | | to receive your message to take action. All the |
| greater control and influence to recommend | | | | elements of your viral campaign should have |
| products and services to their peers. In the end, | | | | these attributes. |
| it's creating trust between the buyer and the | | | | - GOOD STORY - You're a story teller. Stories |
| seller. Trust builds loyalty and repeat business. | | | | paint pictures and evoke emotions. Good stories |
| Trust is the glue that will cement the relationship | | | | are remembered, original, and begged to be |
| and it's done by allowing an interactive participation | | | | shared. |
| in the communication and collaboration process. | | | | - When the story catches on be prepared for |
| There's nothing more powerful and trustworthy | | | | sequel stories, bloopers, and behind the scene |
| than when a good friend makes a | | | | blog. Keep putting the logs on the fire. |
| recommendation. | | | | - Be sure to have a comments section. Observe |
| Using a combination of our imagination and | | | | it closely. Sharing emotions is acceptable but edit |
| creativity one can use viral marketing tactics | | | | offensive language and insults. |
| within social media channels to capture the | | | | - Your goal is to engage in conversations and |
| attention of millions. Of course, getting their | | | | eventually a call to action leading to the fulfillment |
| attention is only half the battle. The other half is | | | | of your goals. |
| harder. The real challenge is converting their | | | | - Keep the conversation personal, for example |
| attention into sales or a call-to-action, and to | | | | don't place barriers between your stars and |
| sustain that effort over a period of time. This is | | | | audience. People want to connect directly to the |
| what separates the amateurs from the | | | | artist or rock musician. |
| professionals. As my mom use to say to me, | | | | - EMOTIONAL - It must offer an emotional |
| "You get what you pay for." | | | | appeal. The more polarizing the emotion then the |
| SOCIAL MEDIA ECOSYSTEM | | | | greater chance of becoming viral. |
| Social Media on Web 2.0 is simply the ability to | | | | - ORIGINAL-Do not be predictable. Be original and |
| have conversations with people through a variety | | | | creative. Fascinate them. Make them laugh. Make |
| of communication tools and communities. By | | | | them cry. Can you make them say - wow? |
| nature people are tribal and we seek to converse | | | | - RELEVANT-The story must be relevant to your |
| and share with other like minded people. | | | | target audience. Soccer fans are fascinated with |
| According to the 2009 Cone Consumer New | | | | advertisement demonstrating a trickster pro |
| Media Study, 62% of users polled believe they | | | | team. |
| can influence business decisions by voicing opinions | | | | - WINGS-give it the wings to fly whereby the |
| via new media channels. About a quarter have | | | | message is designed to be portable, scalable, and |
| contributed their point-of-view on an issue (24%) | | | | shareable. |
| or contacted a company directly (23%). 74% | | | | - DYNAMIC-You need to develop momentum and |
| expect companies to join conversations about | | | | sustainability. This requires multiple entry points to |
| their corporate responsibility practices happening | | | | experience your message such as (video, blogs, |
| on new media. MediaPost January 22, 2010 | | | | TV, print, quality content, and tie-ins). A well done |
| Social media platforms can leverage the collective | | | | story will demand a sequel, behind the scenes |
| wisdom of the community to collaborate on a | | | | production, bloopers, and interviews. |
| given objective, such as; to increase sales, create | | | | - CATCHY-You must have a catch to it that |
| content, engage customer feedback, nurture a | | | | hooks people in and there will be reward in the |
| community, amplify your marketing message, and | | | | end. Ask yourself, what's in it for me? Does it |
| to develop peer relationships between | | | | entertain? Does it provide great information? |
| manufacturer-distributor-retailer-partner-customer. | | | | And two don'ts |
| Typically, the social media conversation is | | | | - Please don't compel people to forward their |
| uncontrolled, unorganized, nor always on target | | | | emails for viral marketing |
| with the message. Web 2.0 has become a | | | | - Please don't use obvious commercials unless |
| democracy of information usage with a bit of | | | | they are especially clever, entertaining, or funny. |
| anarchy thrown in. | | | | STEP 3 - DISTRIBUTION CHANNELS |
| The power of Web 2.0 allows the individual to | | | | A successful viral campaign will have multiple steps |
| spread their conversations or word-of-mouth in | | | | and components. In 2006-7 Microsoft launched a |
| multiple formats; image, video, text, and audio. | | | | ten month five-step marketing campaign for Halo |
| Individuals can leverage their social media | | | | 3 for the purpose of gaining new gamers and |
| communities, such as Facebook, LinkedIn, Twitter, | | | | building brand awareness. Step One was an |
| YouTube, Flickr, MetaCafe, SocialText and a host | | | | advertisement played on a Monday night football |
| of others platforms. The most popular social | | | | game using an attention getting reenactment of |
| media network activities ranged from posting | | | | the Halo game. The ad reached 8 million |
| messages, downloading and uploading music, | | | | households and another 3.7 million viewers when |
| videos and images. These communities and tools | | | | placed on YouTube. The advertisement triggered |
| allow photo sharing, videos, communities, blogs, | | | | Step Two inviting gamers to be beta testers; |
| forums, articles, news, entertainment, news, and | | | | they acquired 850,000 users. Step Three was a |
| tutorials. They also allow individuals to use their | | | | scavenger hunt using a combination of online |
| collective intelligence to collaborate on online | | | | websites and traditional media channels. Step Four |
| projects. The power of these tools is the ability | | | | was co-sponsorships with major fast food and |
| share, create, and product from one-to-many | | | | beverage companies. Finally, Step Five was an |
| quickly, effortlessly, and seamlessly. Good news | | | | impressive back story reenactment of combat |
| can travel fast but with even greater trepidation; | | | | action scenes. Altogether the campaign sold 3 |
| bad news can travel at light speed. | | | | million copies in the first week. |
| SCALING UP VIRAL MARKETING | | | | For a viral campaign to be sustainable it will require |
| Scaling up your viral marketing campaign requires | | | | multiple steps, components and channels to build |
| an environment of easy access and collaboration. | | | | awareness, capture, engage, and convert your |
| Ross Mayfield, founder of Socialtext, coined the | | | | target audience. Naturally, your channels of |
| concept of the, "Power Law of Participation." In it, | | | | distribution will be determined by where your |
| he describes that social media portals should make | | | | target audience shops, researches, and socializes. |
| it easy to access, to read, and to share content. | | | | You can begin to research your target audience |
| The intent is to accelerate productivity and | | | | at Digital Scientists or Audience Science. |
| creativity by engaging participants to use their | | | | USING Facebook |
| collective wisdom in sharing their knowledge and | | | | Today, Facebook is the fastest growing social |
| intelligence. It's a well known fact that the wisdom | | | | media platform and a great starting point to |
| of the tribe will exceed the wisdom of the | | | | launch a viral marketing campaign. In 2010, Pepsi |
| individual. | | | | announced they will not advertise in the Super |
| In James Surowiecki's book, The Wisdom of | | | | Bowl. Rather, they will invest their advertising |
| Crowds: Why the Many Are Smarter Than the | | | | using Social Media platforms. Unlike the one-way |
| Few, the author explained that the collective | | | | push of TV advertising communications, Facebook |
| decisions of the group far exceeds the individual | | | | and other forms of social media allows you to |
| and the added dimension of social internet sites | | | | capture your audience, engage them in a |
| offers a diversity of ideas. It can easily be said | | | | conversation, nurture the relationship, convert |
| the world is our village. We see this today on | | | | them into sales, retain their loyalty, monitor and |
| Wikipedia where a community of people | | | | shepherd their word-of-mouth recommendations, |
| collaborates to create and share its knowledge | | | | and scale peer approval ratings without restraint. |
| base. | | | | Facebook Statistics for early 2010 |
| The new paradigm of Social Media marketing is to | | | | - There are now 350+ Million users |
| embrace the democracy of knowledge, respect | | | | - 50% perform daily updates |
| the intelligence of your audience, and allow them | | | | - Less than 1/3 are college students |
| the ability to participate and ideas going viral and | | | | - 30% of users are just in the U.S.A. |
| establishing a collective intelligence to enrich | | | | - The fasting growing segment is greater than 35 |
| creativity and productivity. Here are several | | | | years old |
| suggestions to grease the skids for your viral | | | | VIRAL MARKETING IN Facebook |
| campaign to generate a higher participation rate. | | | | The first place to start on Facebook is to build |
| Make your content access free and easy to | | | | your own profile and company Facebook page. |
| share | | | | Naturally, you want to cross link all of your portals |
| - Create multiple touch points for others to reach | | | | to one another; website, LinkedIn, Facebook, and |
| you: website, blog, Microsites, Twitter, Facebook, | | | | Twitter. Facebook has excellent tools to identify |
| LinkedIn, SharePoint, SocialText, and mobile | | | | and target you audience down to the granular and |
| applications. | | | | local level. Use it. Similar to tribes, Facebook users |
| - Engage and maintain the consumer's | | | | with like minded interests will gravitate to stories |
| conversations with the goal of closing the loop | | | | and events. Always make your content with good |
| from the behavior to consider a purchase, to | | | | quality. You want to be authentic and interactive. |
| purchase, and finally, to encourage them to make | | | | Facebook requires dedication, creativity, and |
| recommendations. | | | | interactivity. To compete for attention you must |
| - People want to be understood and recognize. | | | | constantly provide a steady stream of content, |
| Promote and encourage comments section and | | | | promotions, events, and communications. |
| recommendations. | | | | As a company you'll have to define who you are |
| - Emotions move us to action. Make it personal. | | | | to the market. What's your brand and |
| Stories paint pictures and have high retention and | | | | personality? Your purpose is not to sell but to |
| share rates. | | | | inform and share knowledge. Through tacit |
| - Building a community of like minded people can | | | | approval Facebook users will accept you and be |
| empower greater influence to change events | | | | your fan. |
| politically, economically, or socially. For example, | | | | Engaging Facebook users requires a two way |
| the Presidential election in 2008 was a milestone in | | | | conversation or being interactive. Feed them a |
| using viral marketing in social media. | | | | good story or video to determine if they will click |
| VIRAL MARKETING | | | | the "LIKE" button. Encourage them to comment. |
| It's passion that motivates people to share | | | | As your level of trust increases with the users, |
| something new. Think of your passions in politics, | | | | seek to convert their actions using promotions |
| sports, religion, cooking, or movie stars. When | | | | and discounts into joining a website or making a |
| something stirs your emotions you want to share | | | | purchase. |
| it immediately. | | | | Get your Facebook fans involved in contests and |
| Viral marketing offers a rapid and almost | | | | promotions. Make them do things to share |
| effortlessly dissemination of an idea | | | | photographs or videos. Let them all share in the |
| (word-of-mouth) from one-to-many by leveraging | | | | fun and discovery. |
| both internet and communication tools from one | | | | STEP 4 - MANAGE AND MEASURE USER |
| person to millions. Think of tribal communication | | | | ATTENTION |
| behavior, think of gossip, think of how people | | | | There's a scarce commodity called the |
| when empowered with special news want to | | | | consumer's attention. Some call it the "Attention |
| share it with their friends and circles of influence. | | | | Economy," whereby a marketplace has developed |
| A viral message will spread rapidly when the idea | | | | such that consumers agree to receive services in |
| is quickly understood and the person feels | | | | exchange for their attention. If you want the |
| empowered to send it to other people. The best | | | | attention of a consumer, just think of "what's in it |
| viral messages are emotionally charged stimulating | | | | for me?" News feeds are a primary example |
| the person's desire of happiness, greed, anger, | | | | where they provide a steady stream of current |
| hatred, and other passionate emotions. Emotionally | | | | news in exchange that you look at their |
| polarized messages moved quickly. Neutral | | | | advertisements. The end game is to prompt a |
| emotions go nowhere. | | | | "call-to-action" from the consumer. Since you can |
| To make viral marketing work you need the tools | | | | never ask directly for a sale, you must provide a |
| to spread it and the audience to receive it. As | | | | steady stream of relevant news, entertainment, |
| was previously mentioned the evolution of Web | | | | knowledge, or tools. By using behavioral targeting |
| 2.0 offers great power, intelligence, services, | | | | tools you'll be able to steer quality prospects to a |
| word-of-mouth recommendations, and the | | | | call-to-action. |
| delivery of relevant information in real time. | | | | Gaining the attention of the consumer requires |
| Today, Web 2.0 can deliver multiple formats of | | | | three important attributes: |
| content quickly, seamlessly, and effortlessly, which | | | | - RELEVANCY - Your information is relevant to |
| is; email, video, photographs, audio, and text | | | | your target audience |
| messages. | | | | - CHANNEL DISTRIBUTION - Channel the |
| EMOTIONAL AND BEHAVIORAL DRIVERS | | | | information through the appropriate social media |
| Excellent viral marketing will seek common | | | | channels where your target audience is available |
| emotional trigger points to motivate a person into | | | | - ENDORSEMENTS - Engage your consumers to |
| action. People like the sense of exclusivity and the | | | | be your trusted references through sneak |
| power to invite their friends into the club. It | | | | preview webinars, product reviews, |
| makes them feel cool as you were one of the | | | | endorsements, and recommendations. |
| inside people. Other common emotional trigger | | | | Once you gained the attention you need to |
| points can be happiness, humor, anger, envy, | | | | manage, measure, and respond. Today there are |
| pride, or greed. | | | | many solutions to manage and measure your |
| For example, when EA Games launched their next | | | | interactive marketing. These solutions will manage |
| generation soccer game called FIFA Soccer in | | | | the entire life cycle of a customer engagement to |
| 2006, they used tricksters from Toronto's | | | | determine both your campaign's Return of |
| Ryouko mixed martial arts team to create an | | | | Investment, and the life time value of your |
| amazing video display of stunts and acrobatic | | | | customer. You're also looking to manage the |
| feats. Using a combination of traditional and viral | | | | Consideration Factor. Before a consumer makes a |
| marketing, EA leaked the video to selected fans | | | | purchase they'll seek peer reviews and product |
| in Europe reaching a peak hit rate of 1.5 million | | | | recommendations. After the consumer makes a |
| fans. | | | | purchase they will experience the product and |
| Social activity and the underlying emotions that | | | | form their own opinions upon which they will cycle |
| drive it are a means to an end, the tools that | | | | back comments for new consumers to review. |
| execute the logic of survival. Status, leadership, | | | | Some of these companies include Aprimo, Eloqua, |
| power, affiliation, reciprocal altruism, cooperation, | | | | HubSpot, Omniture, Based on the 80-20 rule your |
| sharing of knowledge, trading of goods, | | | | goal is to seek your most profitable customers |
| pair-bonding, and even aggression are all part of | | | | and understand the process to achieve these |
| the social environment that help a group work | | | | results. |
| toward that same survival end game. | | | | MEASURING CUSTOMER LIFE CYCLE |
| At the base of this is a powerful drive to connect | | | | According to the 2009 Cone Consumer New |
| what is felt. Humans feel a strong need to | | | | Media Study, consumers are most interested in |
| connect with others to make sense of their | | | | information that will inform their purchasing |
| world, to not feel lost in a sea of infinite | | | | decisions. Respondents said they want companies |
| possibilities and to share in mutual benefit. Though | | | | to tell them what is in products and how they are |
| the subconscious motivation is survival, the | | | | made (85%) and provide additional details about |
| conscious emotions are social. | | | | information, labels and claims shared offline (e.g., in |
| In trying to take the guess work of anticipating | | | | the store, on the package, in an advertisement) |
| people's emotion, today we can use behavioral | | | | (83%). MediaPost January 22, 2010 |
| targeting to understand and predict user behavior | | | | The life cycle of acquiring and retaining customer |
| and purchasing patterns. One way is using | | | | has a predictable flow. Phase 1 starts with |
| Internet software cookies which are placed on | | | | generating Awareness of the product/service |
| the user's computer to track their behavior on | | | | through the use of various marketing channels |
| websites to identify their unique tastes and | | | | and campaigns. Phase-2 is consideration of the |
| interests. Cookie placement is like giving someone | | | | product based on peer evaluations, |
| a unique cell phone number. You can analyze | | | | recommendations, and other social media tools. |
| where and to whom. You can track when an | | | | After the purchase of the product the real heavy |
| online advertisement is served, and improve it | | | | lifting begins to ensure the customer's |
| based on the feedback and relationship you | | | | expectations are met and they have a |
| already have. The gathered information is then | | | | satisfactory experience. Phase-3 is the formation |
| used to create audience segments, which enable | | | | and sharing the consumer's experience with the |
| advertisers to make reasonable choices about | | | | product. Typically there will be three types of |
| where to buy advertising space. For example, | | | | customers. (1) Immensely satisfied and willing to |
| AOL Advertising offers behavioral targeting plus a | | | | share their experience, (2) Satisfied and |
| host of services that can effectively target your | | | | complacent customers with no passion to share, |
| audience with precision and the methodology | | | | and (3) the Dissatisfied customer who will tell the |
| behind it. Another favorite is AudienceScience | | | | world of their terrible experience as they seek to |
| which has methodically divided the global audience | | | | restore their balance in life through retaliation. |
| into many types of segments. | | | | As we can see from the illustration, |
| What doesn't work? Social media is similar to | | | | word-of-mouth recommendations are cycled back |
| having coffee with a few of your friends in your | | | | to the consideration phase for the next customer. |
| kitchen. When a man intrudes and announces his | | | | It therefore becomes important to manage these |
| big sale at the furniture store its invasive and | | | | word-of-mouth recommendations by ensuring a |
| annoying. No one likes it. Early in the history of | | | | good experience, observing the results, and |
| Facebook this is what advertisers did, until they | | | | responding immediately to damage control. |
| understood the nuances of their target audience. | | | | If we can measure it, then we can manage it. As |
| Advertisers discovered that Facebook users | | | | your campaign reaches your audience you're |
| rarely click through ads, but happily participated in | | | | looking to measure some key variables to ensure |
| events, communities, and causes. Now it's easy to | | | | your message is reaching the right target |
| become a fan of Coke or a gangster in Mafia | | | | audience, you captured, their attention, engaged |
| Wars. | | | | them in an interactive process for purchase |
| Unlike direct marketing where you can predict a | | | | consideration, convert them into a sale, and finally |
| given response rate of 1-3%, viral marketing can | | | | offer the experience to steer and share their |
| be hit or miss. On the positive side, a viral | | | | positive opinion. As such you are looking to |
| marketing campaign can be done inexpensively. | | | | measure variables such as; Traffic Visits, Click |
| On the negative side, you might have to deploy | | | | through behavior patterns, Conversion rates, and |
| multiple types and levels in a campaign. You may | | | | Source of visitors. |
| also have to engage traditional media to seed the | | | | CONCLUSION |
| viral messages. | | | | As a general rule, we are fearful of things we do |
| Common elements for making a viral marketing | | | | not understand. As marketing and advertising |
| campaign to work are: | | | | professionals, once we embrace the idea of |
| - Make the content seamless and easy to send or | | | | democracy and participation in sharing content to |
| transfer | | | | our target audience, we can enjoy the immense |
| - The content uses existing internet and | | | | surge of collective wisdom and the loyalty of our |
| telecommunications infrastructure | | | | fans. In building a business it's expensive to acquire |
| - Products or services are given away for free | | | | new customers and pointless to have a hole in |
| - The content is emotionally charged: Polarized | | | | your bucket when they constantly drain out. |
| messages will motivate action in people | | | | Embracing the power of Web 2.0, deploying viral |
| - The content can easily scale from a few people | | | | marketing, and using traditional media platforms |
| to millions | | | | can give you a full complement of tools to reach |
| BUILDING YOUR VIRAL MARKETING | | | | a vast audience who are most interested in |
| To be successful in social media and using viral | | | | having a relationship with your organization. By |
| marketing tactics requires the same discipline as | | | | increasing the ease of customer access and |
| any other marketing endeavor. | | | | participation you'll be able to build a loyal fan base |
| - Good planning and goal setting | | | | that can deliver a steady stream of profitable |
| - A commitment for the long run and the | | | | revenue. As many business leaders have |
| patience for campaigns to gain traction | | | | discovered, by taking care of your customers |
| - Ample dedicated resources to sustain | | | | first, your profits can be realized. |