Viral Marketing - A Basic Training Manual
Learn the Basics of Viral Marketing and Discover If It's Right for Your Business
By Michael Crozier, published Nov 26, 2007
Published Content: 33 Total Views: 12,476 Favorited By: 0 CPs
Guerrilla marketing employs aggressive, non-traditional, low cost promotional activities to produce profits, rather than utilizing costly conventional media such as TV and magazine advertising. Like guerrilla warfare, it relies on timing, creativity, enthusiasm, energy, and of course, swift action.
These strategies and tactics make guerrilla marketing ideally suited for small start-up businesses and entrepreneurial ventures. Today, however, it's also used by mega-marketers, even Fortune 500 Companies, as part of their overall marketing plans.
Viral marketing is simply "word of mouth advertising" for the Internet Age. Although initially considered another guerrilla tool for small businesses, it has evolved to become an effective form of marketing for large companies too.
Like its traditional "word of mouth", counterpart, viral marketing encourages people to voluntarily pass on information about a product, service or company to their social and business contacts.
Conventional word of mouth advertising relies on telephone calls, snail mail, discussions at church socials or random conversations in the grocery store to spread testimonial endorsements. Customers become voluntary brand ambassadors and a free source of publicity. But that's pretty much where the similarity to traditional word of mouth advertising ends.
Viral marketing is designed for today's digital world and its diverse Internet-based social networks. Using today's high-speed technology to communicate with existing online communities, it has the power to reach a potential audience of millions with incredible speed. The effectiveness of viral marketing results from its ability to quickly and cleverly infiltrate these online social networks at little or no cost.
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Takeaways
- Learn what viral marketing is and isn't and if it's right for your business
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