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Creating Your Own Product: Testing The Market And Finishing Your Product
Copyright 2005 Ronald Gibson
Now that you know what you want to write about, the next step in the process is to gauge the amount of interest there is in your upcoming product.
You can also do a quick search on The Dowser (download the free...
Do You Have to Be an Expert to Teach Someone in Your MLM?
Copyright 2005 Gobala Krishnan "How can I teach others when I am not successful myself? That's ethically wrong..." If you're in an MLM program, you might have heard that question from one of your affiliates. You may even have asked the same...
Message Board and Forum Advertising
Message boards and forums are a great way to advertise your site, service or product for free. However, there are a few things you should remember when posting. Choose an appropriate site . I know this really goes without saying but there are...
Top 7 Ways To Promote Your Website, NOW
We will start with the best, than make our way to the bottom of the list. This article will give you a good ideal where the best ways to promote your site! 1) Exchange links, trade link, swap links, I think you got it now! When you start a site...
Want to Raise Your Rankings in the Search Engines? Think Content
There are just about as many strategies for raising your search engine rankings as there are search engines. Most methods are trendy and come and go.
There are, however, two surefire ways to raise your rankings in the search engines that the...
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Viral Marketing
What is Viral Marketing?
“Viral marketing is word of mouth marketing on the web. In other words it is the “e” term for word of mouth marketing.”
Viral marketing was born in 1996. Viral marketing messages receive 5 –15% click through rate. 57% say word of mouth or viral marketing-+ is their main source of information about new websites.
The Classic Example…
The classic example of viral marketing is Hotmail.com, one of the first free Web-based e-mail services. E-mails sent using this service contain an advertisement for Hotmail at the bottom of the message.
Power of Viral Marketing…
This medium could be used to spread the word about your business among the target audience. The essence of it is that you empower visitors to your website to tell other people about your company and your site. You provide something that encourages people to spread the word, and momentum builds. What’s great about viral marketing is that it is low effort and low expense.
Viral marketing is more powerful than third-party advertising and you can expect a good conversion rate because it conveys an implied endorsement from a friend. People who visit your website as a result of viral marketing will have good impression about your company or the product because someone has recommended it to them.
Forms of Viral marketing…
We can identify two most common forms of viral marketing as service and incentive based models.
Service Based
In the service based model consumer has to spread the information about the company or the product to his / her friends in order to get the service.
Netscape Instant messaging is an excellent example of a service-based model. Also some search engines and directories use this model to list websites. Some companies use this model to provide access white papers.
Incentive Based
Incentive-based models provide consumers cash, credit, or other rewards for
spreading company information to friends. This model is encouraging people to spread the message actively because of the incentives. Incentive based viral marketing campaigns will cost more than the service-based campaigns.
Viral Marketing methods and techniques…
Viral Marketing works best in combination with e-Mail marketing, since e-Mail marketing provides Viral Marketing with a great communication medium. You can use e-mail to spread the message. This could be done by sending e-mail messages to individuals or by joining e-mail discussion groups. Most of the service based viral marketing campaigns are using e-mail as the main technique.
Another medium to carry out your viral marketing campaign is through message boards and discussion forums. It is important to identify message boards and discussion forums relevant to your industry, product or service. By participating in these message boards and discussion forums you can create awareness of your company among the target audience.
Writing articles is one of the powerful ways to spread your message. All you need to do is allow people to republish it for free, as long as they include a paragraph at the end of the article containing details of your company. This method is widely used by companies providing professional services like search engine marketing and web advertising.
Freebies, Giving something away for free is another powerful marketing method available. Giving away a free something like e-book, mouse pad will encourage people to spread your message.
About the Author
Rajitha Dahanayake is a guest writer for http://www.emarketinganswers.com, providing free, comprehensive emarketing resources and online promotion tools. He has over 4 years experience in Internet Marketing. He is a Member(MCIM) of The Chartered Institute of Marketing UK and a professional member of eMarketing Association (eMA) as well as International Internet Marketing Association (IIMA).
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