Viral marketing, also known as word-of-mouth advertising,
convergence marketing, buzz marketing, network marketing, or referral
advertising, is the skillful promotion of a product, brand or services
with strongest influence in the online market. A fertile source for
viral marketing is through blogs, online forums, IRC (Internet Relay
Chat), instant messaging, UseNet newsgroups, and emails. Main purpose
of this marketing strategy is utilizing several pre-existing social
networks to generate positive impacts on the minds of maximum number of
readers.
Professional
viral marketing helps to create exponential increase in the exposure
and influence of the message from a single reader to thousands and
millions of other readers; just like a biological virus that is spread
from persons to person. Higher the pass-along rate higher is the
percentage of viral marketing impact. If someone forwards an extremely
mind blowing article or blog to large number of their friends or
associates, the pass-along rate increases extensively. This is a viral
marketing success. Thus in actual fact, an appropriately running
article, forum or blog can be used expansively for the purposes of
generating social networking, viral marketing, and ultimately building
solid traffic.
There are numerous free knowledge sharing sites
and free web-based e-mail service providers (e.g.: hotmail, gmail, etc)
that were formed with the purposes of viral marketing or advertising.
The Internet marketing is today packed with a number of online
discussion forums where people get the opportunity to share
information, exchange pictures or music and take part in discussions on
a wide array of topics. Viral marketing utilizes the every possible
communication network in the Internet.
With viral marketing,
free faqs, free information, free weekly/monthly e-newsletters, free
email services, short-form editorials, free IT consultancy or business
advices are mostly given away. This marketing strategy can attract
audience by giving away amusing video clips, advergames, flash games,
SMS etc.
Like any other marketing strategies, viral marketing
has some advantages and disadvantages. The advantages are low costs,
high credibility, high efficiency, great reach, and opportunity to
continuous promotion adjustments. The main disadvantages of the viral
marketing are the chance of working in association with unknown groups,
spamming threats, brand dilution, etc.
About the Author: Article is written by Sabu Lal N G, working for www.outsourcestrategies.com
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