Viral Marketing: Issues and Challenges
Viral Marketing: Issues and Challenges
Viral Marketing: Issues and Challenges
Objective of Study
What we get to know ?
Like Viruses, it takes advantage of rapid multiplication to explode the message to thousands or even to millions
Origination
In early 90s, the Term was coined by two Professors from Harvard Business School 1990
The term was later popularized by Rayport in the 1996 Fast Company article "The Virus of Marketing,"
Tim Draper and Steve Jurvetson of the venture capital firm Draper Fisher Jurvetson in 1997 to describe Hotmail's practice of appending advertising to outgoing mail from their users.
Among the first to write about viral marketing on the Internet was the media critic Douglas Rushkoff
Popularlity
Growth
4 2 3
200 0 200 5 200 8
199 0
199 5
201 0
Pass-Long
Types
Pass-Long
1 A short note that will be sent on to the other internet users and it is usually to the footer of Electronic Messages E.g.: www.gmail.com
This is an example text. Go ahead and replace it with your own text. This is an example text. Go ahead and replace it with
Buzz-Marketing
2 Involves celebrities discussing about products and experiences with a hint of Controversy
Types
Incentive Viral
3 It call the user to take action in order to be rewarded. This is an example text. Go ahead and replace it with your own text. This is an example text. Go ahead and replace it with
This is an example text. Go ahead and replace it with your own text. This is an example text. Go ahead and replace it with
Undercover-Marketing
4 It occurs when people do not know they are being marketed to..
Types
User Managed Database
5 It refers to different database of prospects that clients generate themselves with the help of online service providers.
Issues
Issues of Spam
Negetive Publicity
Challenges
Customer Communication Through Internet. Good web marketing strategy. Turning a profit by attracting customer. Set everything up in the selfimposed time restriction.
Example
THANK YOU!
http://www.marketingterms.com/dictionary/viral_marketing/
http://en.wikipedia.org/wiki/Viral_marketing
https://www.facebook.com/pages/Viral-marketing-tips/92274993058